Dynatrace(US:DT)2025-11-05 13:00Financial Performance & Guidance - Dynatrace's Annual Recurring Revenue (ARR) reached $1.90 billion[39] - The Q2 2026 subscription revenue mix was at 96%[39] - The company's gross retention rate was in the mid-90s percentage range[39] - The TTM Q2-26 Non-GAAP operating margin was 29%[39] - ARR growth year-over-year was 16%[39] - The net retention rate was 141%[39] - The TTM Q2-26 pre-tax Free Cash Flow (FCF) margin was 32%[39] - The FY26 ARR guidance is $2010 - $2025 million, representing a 14%-15% growth in constant currency[57] - The FY26 total revenue guidance is $1985 - $1995 million, representing a 15%-15.5% growth in constant currency[57] - The FY26 subscription revenue guidance is $1898 - $1908 million, representing a 15%-15.5% growth in constant currency[57] Market Opportunity - The total addressable market (TAM) for observability and security is large and growing, with observability at $85 billion and security at $14 billion[29]