Dynatrace Files 2024 10-K Report

TL;DR

Dynatrace's 2024 10-K is in, check financials for the year ending March 31.

AI Summary

Dynatrace, Inc. filed its 2024 10-K report on May 23, 2024, covering the fiscal year ending March 31, 2024. The company, headquartered in Waltham, MA, is a software provider specializing in prepackaged software. The filing details financial performance and business operations for the period.

Why It Matters

This 10-K filing provides a comprehensive overview of Dynatrace's financial health and strategic direction for investors and stakeholders, impacting future investment decisions.

Risk Assessment

Risk Level: medium — 10-K filings are standard annual reports, but the specific financial details and disclosures within can reveal varying levels of risk for the company.

Key Numbers

• 2024-03-31 — Fiscal Year End (The end date of the reporting period for the 10-K.)
• 2024-05-23 — Filing Date (The date the 10-K was officially submitted to the SEC.)

Key Players & Entities

• Dynatrace, Inc. (company) — Filer of the 10-K report
• Waltham, MA (location) — Company headquarters
• 2024-03-31 (date) — Fiscal year end
• 2024-05-23 (date) — Filing date

FAQ

Key Financial Figures

• $0.001 — ich registered Common stock, par value $0.001 per share DT New York Stock Exchange
• $1 billion — rally have annual revenues in excess of $1 billion and more complex IT ecosystems and clou
• $1 b — rally have annual revenues in excess of $1 billion, which we believe see more value

Filing Documents

• dt-20240331.htm (10-K) — 1843KB
• exhibit43todynatraceformfy.htm (EX-4.3) — 39KB
• exhibit104-formofrestricte.htm (EX-10.4) — 57KB
• exhibit105-formofstockopti.htm (EX-10.5) — 50KB
• exhibit191toformfy24xinsid.htm (EX-19.1) — 115KB
• exhibit211-subsidiariesoft.htm (EX-21.1) — 3KB
• exhibit231todynatraceformf.htm (EX-23.1) — 3KB
• exhibit232todynatraceformf.htm (EX-23.2) — 2KB
• exhibit311todynatraceformf.htm (EX-31.1) — 19KB
• exhibit312todynatraceformf.htm (EX-31.2) — 19KB
• exhibit321todynatraceformf.htm (EX-32.1) — 12KB
• exhibit971todynatraceformf.htm (EX-97.1) — 31KB
• dt-20240331_g1.jpg (GRAPHIC) — 50KB
• dt-20240331_g2.jpg (GRAPHIC) — 95KB
• 0001773383-24-000076.txt ( ) — 10143KB
• dt-20240331.xsd (EX-101.SCH) — 56KB
• dt-20240331_cal.xml (EX-101.CAL) — 110KB
• dt-20240331_def.xml (EX-101.DEF) — 293KB
• dt-20240331_lab.xml (EX-101.LAB) — 816KB
• dt-20240331_pre.xml (EX-101.PRE) — 580KB
• dt-20240331_htm.xml (XML) — 1277KB

Business

Business 6 Item 1A.

Risk Factors

Risk Factors 13 Item 1B. Unresolved Staff Comments 36 Item 1C. Cybersecurity 3 8 Item 2.

Properties

Properties 38 Item 3.

Legal Proceedings

Legal Proceedings 38 Item 4. Mine Safety Disclosures 38 PART II Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 38 Item 6. [Reserved] 39 Item 7.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 40 Item 7A.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 53 Item 8.

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data 55 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 84 Item 9A.

Controls and Procedures

Controls and Procedures 84 Item 9B. Other Information 87 Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections 87 PART III Item 10. Directors, Executive Officers and Corporate Governance 87 Item 11.

Executive Compensation

Executive Compensation 88 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 88 Item 13. Certain Relationships and Related Transactions, and Director Independence 88 Item 14. Principal Accounting Fees and Services 88 PART IV Item 15. Exhibits and Financial Statement Schedules 89 Exhibit Index 89 Item 16. Form 10-K Summary 92

Signatures

Signatures 93 Table of Contents SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This Annual Report on Form 10-K ("Annual Report") includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding: our future financial performance, including our expectations regarding key factors driving future performance, our revenue, annual recurring revenue, gross profit or gross margin, operating expenses, ability to generate cash flow, and billing/revenue mix ; our ability to navigate the current macroeconomic environment; anticipated trends in our business and in the markets in which we operate; our ability to anticipate market needs and successfully develop new and enhanced solutions to meet those needs; the evolution of technology affecting our offerings, platform and markets, including our plans to continue evolving our technology capabilities; our plans to continue investing in research and development and driving innovation to meet customers' needs and grow our customer base; our ability to maintain and expand our customer base and our partner ecosystem; our expectations regarding the evolving competitive environment; our plans to invest in future growth opportunities that we expect will drive long-term value; our ability to sell our offerings and expand internationally; our ability to hire and retain necessary qualified employees to grow our business and expand our operations; and our ability to adequately protect our intellectual property. These forward-looking statements include, but are not limited to, plans, objectives, expectations, and intentions and other statements contained in this Annual Report that are not historical facts and statements identified by words such as "will," "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" or words of similar meaning. These forward-looking statements reflect our current views about our plans

FINANCIAL INFORMATION

PART I. FINANCIAL INFORMATION

BUSINESS

ITEM 1. BUSINESS Overview Our vision is a world where software works perfectly. Dynatrace offers the only end-to-end platform that combines broad and deep observability and continuous runtime application security with advanced artificial intelligence ("AI") for IT operations to provide answers and intelligent automation from data at an enormous scale. Our comprehensive solutions help IT, development, security, and business operations teams at global organizations modernize and automate cloud operations, deliver software faster and more securely, and provide significantly improved digital experiences. Many of the world's largest organizations trust the Dynatrace platform to accelerate digital transformation. We have been seeing increased demand for large, strategic deals in which customers' business criteria drive broader technology architecture decisions. At the same time, workloads continue migrating to the cloud as customers seek the agility, flexibility, and rapid technology advancements that can prove elusive in on-premises data center environments. AI has been sweeping across industries and exploding in relevancy and criticality as organizations desire significant advancements in innovation, productivity, and performance. The escalating cybersecurity threat landscape is also increasing the need for more sophisticated protection. The confluence of these megatrends in dynamic hybrid, multicloud environments brings a scale and frequency of change that is exponentially greater than that of just a few years ago. These trends also bring an explosion of data, a massive increase in complexity exacerbated by tool sprawl and siloed data, and a need for better analytics to prevent issues, instead of reacting to them. We believe that traditional approaches for developing, operating, monitoring, and securing software cannot keep pace with modern cloud environments. Applications are no longer monolithic and have become fragmented into thousands, potentially millions, o

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View this 10-K filing on SEC EDGAR