Dynatrace Surpasses $2 Billion in ARR and Sets FY27 Growth Targets

Overview

• Dynatrace, which reported results Wednesday, said annual recurring revenue rose past $2 billion after four straight quarters of 16% growth.
• The company guided for fiscal 2027 ARR growth of 15.5% to 16.5% with net new ARR up 16% to 20%.
• The company rolled out Dynatrace Intelligence, a set of domain-specific AI agents that automate fixes, and folded in Dev Cycle and Bindplane to expand feature flags and telemetry pipelines.
• Logs usage more than doubled year over year to well over $100 million in annualized consumption, showing faster adoption of the platform.
• Large-customer traction stayed strong with 22 deals above $1 million in annual contract value and a 26% free cash flow margin that funds ongoing product investment.