Dynatrace (DT) Operating Margin (2018 - 2026)

Dynatrace's (DT) quarterly Operating Margin came in at 7.02% in Q1 2026, down 262.0% year-on-year from 4.34% in Q1 2025, and down 50.23% quarter-over-quarter from 14.11% in Q4 2025.

Dynatrace (DT) Operating Margin (2018 - 2026) Analysis & Trends

Dynatrace has disclosed Operating Margin across 9 years of filings, most recently posting 7.02% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 7.02%, down 262.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.16% (up 159.0% YoY), and the FY2026 annual result was 12.16%, up 159.0% from the prior year.
  • Operating Margin came in at 7.02% for Q1 2026 at Dynatrace, down from 14.11% 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.
  • The 5-year median for Operating Margin is 10.03% (2023), against an average of 9.79%.
  • Across the five-year window, Operating Margin tumbled 363 bps in 2022 and surged 357 bps in 2025, its largest moves.
  • Dynatrace's 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 plunged by 50 bps to 7.02% in 2026.
  • The last three Operating Margin figures came in at 7.02% (Q1 2026), 14.11% (Q4 2025), and 14.78% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 28.69%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 14.56%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 12.05%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 21.08%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 29.26%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 13.34%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -22.99%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 33.82%
10 Dynatrace 12.48 Bn 11.31 Bn 430.32 Mn 7.02%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 10.11%