Dynatrace reported Q1 billings of $849.1 million, with year-on-year growth averaging 24% over the last four quarters, signaling robust customer demand. The company maintained an 81.7% gross margin over the past year, though margins have declined 0.8 percentage points over two years. GAAP operating margin rose 1.6 percentage points over two years to 12.2% for the trailing 12 months. Shares trade at $45.15, or 5.8 times forward price-to-sales.
Dynatrace Holdings LLCQ1 billings surged 24% to $849.1M, signaling robust customer demand.