Dynatrace reported Q2 revenue of $580 million, up 17% year over year and above estimates, and adjusted EPS of $0.54, also above estimates. It authorized an additional $1 billion share repurchase program and raised its fiscal 2027 ARR guidance to $2.393 billion-$2.413 billion.
Dynatrace reported Q2 revenue of $580 million, compared with the $567.80 million consensus estimate, and adjusted EPS of $0.54, versus an estimate of $0.49. Revenue grew 17% year over year.
The company authorized an additional $1 billion share repurchase program. It raised its fiscal 2027 ARR guidance to $2.393 billion-$2.413 billion and expects revenue of $2.33 billion-$2.34 billion and non-GAAP EPS of $1.88-$1.90.
Platform usage rose more than 20% year over year, while AI customer cohorts consumed at more than double the rate of other customers. Log management grew well over 100%, infrastructure management consumption rose about 30%, and Dynatrace closed 14 deals with more than $1 million in annual contract value, including a U.S. bank contract exceeding nine figures.
