Dynatrace (DT) Operating Margin (2018 - 2026)
Dynatrace's (DT) quarterly Operating Margin came in at 12.89% in Q2 2026, down 17.0% year-over-year from 15.53% in Q2 2025, and up 83.53% quarter-over-quarter from 7.02% in Q1 2026.
Analysis
Dynatrace (DT) Operating Margin (2018 - 2026) Analysis & Trends
Dynatrace has disclosed Operating Margin across 9 years of filings, most recently posting 12.89% for Q2 2026.
- In Q2 2026, Operating Margin fell 17.0% year-over-year to 12.89%; the TTM figure through Jun 2026 stood at 12.15% (up 90.0% YoY), while the FY2026 annual figure was 12.16%, up 159.0% from the prior year.
- Operating Margin came in at 12.89% for Q2 2026 at Dynatrace, up from 7.02% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 14.78% in Q3 2025 to a low of 6.07% in Q1 2024.
- Average Operating Margin over 5 years is 9.96%, with a median of 10.16% recorded in 2023.
- Year-over-year, Operating Margin slumped 363 bps in 2022 and soared 357 bps in 2025.
- Over 5 years, Operating Margin stood at 11.39% in 2022, then declined by 14 bps to 9.78% in 2023, then increased by 11 bps to 10.88% in 2024, then increased by 30 bps to 14.11% in 2025, then fell by 9 bps to 12.89% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 12.89% in Q2 2026, 7.02% in Q1 2026, and 14.11% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Datadog | 76.43 Bn | 71.45 Bn | 881.34 Mn | 0.49% |
| 2 | Dynatrace | 15.07 Bn | 13.96 Bn | 451.10 Mn | 12.89% |
| 3 | AvePoint | 2.84 Bn | 2.42 Bn | 91.01 Mn | 8.21% |
| 4 | Netscout Systems | 2.66 Bn | 1.99 Bn | - | - |
| 5 | PagerDuty | 1.07 Bn | 615.32 Mn | 104.40 Mn | 8.23% |
| 6 | N-able | 768.85 Mn | 653.03 Mn | 106.20 Mn | 11.92% |
| 7 | Radcom | 166.43 Mn | 56.72 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.89% |
| Mar 31, 2026 | 7.02% |
| Dec 31, 2025 | 14.11% |
| Sep 30, 2025 | 14.78% |
| Jun 30, 2025 | 13.06% |
| Mar 31, 2025 | 9.64% |
| Dec 31, 2024 | 10.88% |
| Sep 30, 2024 | 11.25% |
| Jun 30, 2024 | 10.53% |
| Mar 31, 2024 | 6.07% |
| Dec 31, 2023 | 9.78% |
| Sep 30, 2023 | 10.03% |
| Jun 30, 2023 | 10.30% |
| Mar 31, 2023 | 6.18% |
| Dec 31, 2022 | 11.39% |
| Sep 30, 2022 | 7.30% |
| Jun 30, 2022 | 7.14% |
| Mar 31, 2022 | 6.98% |
| Dec 31, 2021 | 8.81% |
| Sep 30, 2021 | 9.39% |