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Dynatrace, Inc.
DT · NYSESoftware
The economic chain
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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Cloud &computewhere it runs & watchesTelemetrythe raw signalAI engineDavis + genAIThe platformDynatrace + GrailCapabilitiesmodules & rivalsChannel &deliverymarketplaces & GSIsCustomerswho pays the subscriptionAWSAmazon (AWS)AZMicrosoft (Azure)GCPGoogle (Cloud)ONEOneAgentOTELOpenTelemetry & open sourceDADavis AIL&GLLMs & genAIDTDynatraceGRAGrailOBSObservabilityASApplication SecurityDDOGDatadogCSCOCisco (Splunk)CMCloud marketplacesGIGlobal integratorsCCitigroupWMTWalmartSAPSAPENTEnterprises & govt
Company details
Market cap
$12B
P/E ratio
70×
Div yield
EPS (TTM)
$0.54
Profit margin
10%
Rev. growth
+19%
Revenue
$1.7B
Free cash flow
$0.5B
In plain English
Dynatrace sells one unified observability and security platform — its OneAgent streams telemetry from a customer's apps, cloud and infrastructure, its Grail data lakehouse stores it, and its Davis causal-AI engine turns billions of events into precise, automatic answers. It's a subscription business: ~95% of its ~$1.7B FY2025 revenue is recurring, sold to ~7,500 large enterprises.
In simple terms
What Dynatrace, Inc. really sells
Dynatrace sells one unified observability and security platform — its OneAgent streams telemetry from a customer's apps, cloud and infrastructure, its Grail data lakehouse stores it, and its Davis causal-AI engine turns billions of events into precise, automatic answers. It's a subscription business: ~95% of its ~$1.7B FY2025 revenue is recurring, sold to ~7,500 large enterprises.
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Risk read
Moderate
SteadierMore speculative
Why this rating?