Dynatrace — Second Quarter Fiscal 2027 Earnings Summary

Dynatrace reported second-quarter fiscal 2027 total annual recurring revenue of $2.21 billion, representing a 16% year-over-year increase, while total revenue reached $580 million, up 17%. The company achieved a GAAP operating margin of 16% and a non-GAAP operating margin of 32%, with net cash provided by operating activities totaling $41 million. Following the acquisition of Arize on October 1, 2026, Dynatrace updated its full-year fiscal 2027 guidance to project ARR between $2.393 billion and $2.413 billion and non-GAAP operating margin between 28% and 28.25%. Additionally, the Board authorized an incremental $1 billion share repurchase program, bringing the total remaining buyback capacity to approximately $1.3 billion.