← Dynatrace, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | $9.2m | ($116.2m) | ($418.0m) | $75.7m | $52.5m | $108.0m | $154.6m | $483.7m | $162.7m | $151.4m | |
| Depreciation, Depletion and Amortization | $8.8m | $7.3m | $7.9m | $9.0m | $10.6m | $12.5m | $15.5m | $19.2m | $18.4m | $25.3m | |
| Amortization | $73.5m | $72.8m | $58.5m | $51.9m | $46.2m | $42.1m | $39.4m | $28.9m | $5.6m | $7.2m | |
| Amortization of Intangible Assets | — | — | $58.5m | $51.9m | $46.2m | $42.1m | $39.4m | $28.9m | $5.6m | — | |
| Capitalized Computer Software, Amortization | — | — | $1.7m | $1.9m | $600k | $200k | $900k | $2.1m | $2.1m | — | |
| Depreciation | $8.8m | $7.3m | $7.9m | $9.0m | $10.6m | $12.5m | $15.5m | $19.2m | $18.4m | $18.1m | |
| Depreciation Amortization Depletion | — | — | — | — | — | $54.6m | $54.9m | $48.1m | $24.1m | $25.3m | |
| Deferred Income Tax Expense (Benefit) | — | — | ($59.3m) | ($7.1m) | ($12.7m) | ($53.3m) | ($59.9m) | ($393.1m) | $25.1m | $24.0m | |
| Deferred income taxes | ($73.2m) | ($34.2m) | ($59.3m) | ($7.0m) | ($12.4m) | ($53.5m) | ($59.9m) | ($392.9m) | $25.1m | $24.0m | |
| Deferred Tax | — | — | — | — | — | ($53.5m) | ($59.9m) | ($392.9m) | $25.1m | $24.0m | |
| Share-based Payment Arrangement, Noncash Expense | — | — | $222.5m | $57.8m | $99.5m | $146.9m | $208.9m | $271.7m | $299.6m | $301.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | $19.0m | $21.8m | — | |
| Share-based Payment Arrangement, Expense | — | — | $222.5m | $57.8m | $99.5m | $146.9m | $208.9m | $271.7m | $299.6m | $301.3m | |
| Share-based compensation | $22.3m | $71.2m | $222.5m | $57.8m | $99.5m | $146.9m | $208.9m | $271.7m | $299.6m | $301.3m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | $0 | $0 | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | $0 | $0 | $18.5m | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | — | — | $14.8m | — | |
| Impairment of long-lived assets | — | — | — | — | — | — | $0 | $0 | $18.5m | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $0 | $18.5m | $18.5m | |
| Other Nonoperating Income (Expense) | — | — | ($1.2m) | $162k | $544k | $565k | ($10.8m) | ($4.3m) | $6.6m | — | |
| Changes in operating assets and liabilities: | |||||||||||
| Change In Working Capital | — | — | — | — | — | $92.1m | $8.3m | $46.8m | $38.8m | $78.1m | |
| Increase (Decrease) in Accounts Receivable | — | — | $44.0m | $82.0m | $108.8m | $94.9m | $161.9m | $24.0m | $77.1m | ($85.6m) | |
| Accounts receivable | ($14.7m) | $18.0m | ($44.0m) | ($82.0m) | ($108.8m) | ($94.9m) | ($161.9m) | ($24.0m) | ($77.1m) | ($85.6m) | |
| Change In Receivables | — | — | — | — | — | ($94.9m) | ($161.9m) | ($24.0m) | ($77.1m) | ($85.6m) | |
| Changes In Account Receivables | — | — | — | — | — | ($94.9m) | ($161.9m) | ($24.0m) | ($77.1m) | ($85.6m) | |
| Accounts payable and accrued expenses | $26.8m | $34.8m | $52.4m | $26.6m | $35.9m | $58.7m | $37.9m | $31.5m | $25.9m | — | |
| Capitalized software additions in accounts payable and accrued expenses | — | — | — | — | $0 | $0 | $6.1m | $567k | $0 | — | |
| Change In Payables And Accrued Expense | — | — | — | — | — | $58.7m | $37.9m | $31.5m | $25.9m | $90.0m | |
| Purchases of property and equipment, accrued but unpaid | — | — | $19.7m | $14.1m | $17.7m | $21.5m | $26.5m | $26.1m | $32.2m | ($27.8m) | |
| Deferred revenue | $77.9m | $127.0m | $91.4m | $96.5m | $162.2m | $145.5m | $202.2m | $90.8m | $134.6m | — | |
| Excise taxes on repurchases of common stock in accrued expenses | — | — | — | — | — | — | $0 | $0 | $1.7m | — | |
| Other | $400k | ($1.1m) | $6.1m | $1.8m | $1.5m | $988k | $11.2m | $2.0m | ($4.4m) | — | |
| Prepaid expenses and other assets | $2.0m | ($12.4m) | ($39.7m) | $5.7m | ($8.1m) | $26.8m | ($47.4m) | ($36.6m) | ($16.0m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $118.8m |
$147.1m
+23.82%
|
($142.5m)
-196.82%
|
$220.4m
+254.74%
|
$250.9m
+13.83%
|
$354.9m
+41.44%
|
$378.1m
+6.54%
|
$459.4m
+21.50%
|
$561.9m
+22.30%
|
$598.4m
+6.50%
|
|
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | ($11.6m) | ($7.4m) | $19.7m | $14.1m | $17.7m | $21.5m | $26.5m | $26.1m | $32.2m | ($27.8m) | |
| Capital Expenditure Reported | — | — | — | — | — | $0 | ($5.3m) | ($2.7m) | ($194k) | ($27.8m) | |
| Purchases of marketable securities | — | — | — | — | — | — | ($104.2m) | ($145.6m) | ($120.3m) | — | |
| Proceeds from sales and maturities of marketable securities | — | — | — | — | — | — | $0 | $105.1m | $143.7m | — | |
| Payments to Acquire Investments | — | — | — | — | — | — | $104.2m | $145.6m | — | ($95.2m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $0 | — | $13.2m | $0 | $57.1m | $100k | $6.0m | ($105.5m) | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | — | — | $750k | — | |
| Net Cash Provided by (Used in) Investing Activities | ($26.5m) | ($9.2m) | ($20.6m) | ($13.9m) | ($30.9m) | ($21.5m) | ($193.0m) | ($69.3m) | ($15.7m) | ($80.2m) | |
| Cash flows from financing activities: | |||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | ($5.9m) | $0 | $0 | — | — | |
| Proceeds from Issuance of Long-term Debt | — | — | $0 | $0 | — | — | — | — | — | — | |
| Net Issuance Payments Of Debt | — | — | — | — | ($120.0m) | ($281.1m) | $0 | $0 | — | $0 | |
| Net Long Term Debt Issuance | — | — | — | — | ($120.0m) | ($281.1m) | $0 | $0 | — | $0 | |
| Repayments of Long-term Debt | — | — | — | — | $120.0m | $281.1m | $0 | $0 | — | $0 | |
| Long Term Debt Payments | — | — | — | — | ($120.0m) | ($281.1m) | $0 | $0 | — | $0 | |
| Repayment Of Debt | — | — | — | — | ($120.0m) | ($281.1m) | $0 | $0 | — | $0 | |
| Repurchase Of Capital Stock | — | — | — | — | — | ($15k) | $0 | ($172.6m) | ($478.7m) | ($709.2m) | |
| Net Common Stock Issuance | — | — | — | — | — | ($15k) | $0 | ($172.6m) | ($478.7m) | ($709.2m) | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | $172.6m | $478.7m | — | |
| Repurchases of common stock | — | — | — | — | — | $0 | $0 | ($172.6m) | ($478.7m) | — | |
| Common Stock Payments | — | — | — | — | — | ($15k) | $0 | ($172.6m) | ($478.7m) | ($709.2m) | |
| Net Other Financing Charges | — | — | — | — | — | ($1.9m) | — | ($21.2m) | ($26.3m) | ($21.9m) | |
| Net cash (used in) provided by financing activities | ($75.5m) |
($161.5m)
-113.88%
|
$329.4m
+303.98%
|
($97.8m)
-129.69%
|
($80.7m)
+17.52%
|
($232.3m)
-188.04%
|
$50.7m
+121.81%
|
($151.6m)
-399.29%
|
($474.1m)
-212.67%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | — | — | $329.4m |
($97.8m)
-129.69%
|
($80.7m)
+17.52%
|
($232.3m)
-188.04%
|
$50.7m
+121.81%
|
($151.6m)
-399.29%
|
($474.1m)
-212.67%
|
($700.2m)
-47.70%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $161.9m | $111.8m | $138.0m | $92.4m | $223.6m | $238.1m | $80.2m | $1.1b | |
| Beginning Cash Position | — | — | — | — | — | $463.0m | $555.3m | $779.0m | $1.0b | $1.2b | |
| Cash and cash equivalents, beginning of year | $77.6m | $51.3m | $213.2m | $325.0m | $463.0m | $555.3m | $779.0m | $1.0b | $1.1b | — | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($4.5m) | $3.0m | ($1.4m) | ($8.6m) | ($12.1m) | ($418k) | $8.1m | ($7.6m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $213.2m | $325.0m | $463.0m | $555.3m | $779.0m | $1.0b | $1.1b | $1.1b | |
| Effect of exchange rates on cash and cash equivalents | $2.8m | ($2.7m) | ($4.5m) | $3.0m | ($1.4m) | ($8.6m) | ($12.1m) | ($418k) | $8.1m | — | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | ($8.6m) | ($12.1m) | ($418k) | $8.1m | ($7.6m) | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Income Tax Expense (Benefit) | — | — | $199.5m | $2.1m | $19.2m | ($18.0m) | $283k | ($260.3m) | $137.1m | — | |
| Operating leases, net | — | — | $0 | $731k | $1.4m | $1.2m | $1.0m | ($231k) | $2.4m | — | |
| Noncash investing and financing activities: | |||||||||||
| Additional Financial Items | |||||||||||
| Proceeds from Stock Options Exercised | — | — | — | $13.1m | $25.5m | $32.9m | $31.2m | $21.0m | $6.5m | — | |
| General and Administrative Expense | — | — | $162.0m | $92.2m | $126.6m | $150.0m | $174.4m | $195.3m | $217.4m | — | |
| Goodwill | — | — | $1.3b | $1.3b | $1.3b | $1.3b | $1.3b | $1.3b | $1.4b | $18.5m | |
| Operating Expenses | — | — | $588.8m | $483.9m | $675.3m | $842.8m | $1.0b | $1.2b | $1.4b | — | |
| Deferred contract costs | ($14.1m) | ($20.0m) | ($20.1m) | ($16.3m) | ($29.5m) | ($45.2m) | ($23.5m) | ($14.6m) | ($31.1m) | — | |
| Capitalized software additions | ($3.6m) | ($1.9m) | ($892k) | $197k | $0 | $0 | ($5.3m) | ($2.7m) | ($194k) | — | |
| Proceeds from employee stock purchase plan | — | $0 | $0 | $9.2m | $13.9m | $17.8m | $19.5m | $21.2m | $24.4m | — | |
| Proceeds from exercise of stock options | — | $0 | $0 | $13.1m | $25.5m | $32.9m | $31.2m | $21.0m | $6.5m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | ($232.3m) | $50.7m | ($151.6m) | ($474.1m) | ($700.2m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | ($21.5m) | ($193.0m) | ($69.3m) | ($15.7m) | ($80.2m) | |
| Change In Other Working Capital | — | — | — | — | — | $101.5m | $179.7m | $75.9m | $106.0m | $80.8m | |
| Change In Prepaid Assets | — | — | — | — | — | $26.8m | ($47.4m) | ($36.6m) | ($16.0m) | ($7.0m) | |
| Changes In Cash | — | — | — | — | — | $101.0m | $235.7m | $238.5m | $72.1m | ($182.0m) | |
| End Cash Position | — | — | — | — | — | $555.3m | $779.0m | $1.0b | $1.1b | $1.1b | |
| Financing Cash Flow | — | — | — | — | — | ($232.3m) |
$50.7m
+121.81%
|
($151.6m)
-399.29%
|
($474.1m)
-212.67%
|
($700.2m)
-47.70%
|
|
| Free Cash Flow | — | — | — | — | — | $333.3m | $346.4m | $430.6m | $529.5m | $570.6m | |
| Investing Cash Flow | — | — | — | — | — | ($21.5m) | ($193.0m) | ($69.3m) | ($15.7m) | ($80.2m) | |
| Net Business Purchase And Sale | — | — | — | — | — | $0 | ($57.1m) | ($100k) | ($6.0m) | ($105.5m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | ($21.5m) | ($26.5m) | ($26.1m) | ($32.2m) | ($27.8m) | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | $50.7m | $50.7m | $42.2m | $30.9m | $30.8m | |
| Purchase Of Business | — | — | — | — | — | $0 | ($57.1m) | ($100k) | ($6.0m) | ($105.5m) | |
| Purchase Of PPE | — | — | — | — | — | ($21.5m) | ($26.5m) | ($26.1m) | ($32.2m) | ($27.8m) | |
| Stock Based Compensation | — | — | — | — | — | $146.9m | $208.9m | $271.7m | $299.6m | $301.3m | |
| Acquisition of businesses, net of cash acquired | ($11.3m) | $0 | $0 | $0 | ($13.2m) | $0 | ($57.1m) | ($100k) | ($6.0m) | — | |
| Net Investment Purchase And Sale | — | — | — | — | — | $0 | ($104.2m) | ($40.4m) | $23.4m | $53.9m | |
| Purchase Of Investment | — | — | — | — | — | $0 | ($104.2m) | ($145.6m) | ($120.3m) | ($95.2m) | |
| Sale Of Investment | — | — | — | — | — | $0 | $0 | $105.1m | $143.7m | $149.1m | |
| Net increase in cash and cash equivalents | $19.6m | ($26.3m) | $161.9m | $111.8m | $138.0m | $92.4m | $223.6m | $238.1m | $80.2m | — | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | $92.4m | $223.6m | $238.1m | $80.2m | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $38k | $41.0m | $39.6m | $12.5m | $8.4m | $7.1m | $851k | $753k | $749k | — | |
| Income Taxes Paid, Net | $12.9m | $5.9m | $266.7m | ($7.3m) | $24.2m | ($14.3m) | $81.4m | $118.0m | $117.6m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.