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Side-by-side financial comparison of BELDEN INC. (BDC) and Dynatrace, Inc. (DT). Click either name above to swap in a different company.
BELDEN INC. is the larger business by last-quarter revenue ($696.4M vs $515.5M, roughly 1.4× Dynatrace, Inc.). Dynatrace, Inc. runs the higher net margin — 7.8% vs 7.3%, a 0.4% gap on every dollar of revenue. On growth, Dynatrace, Inc. posted the faster year-over-year revenue change (18.2% vs 11.4%). Dynatrace, Inc. produced more free cash flow last quarter ($27.2M vs $-63.1M). Over the past eight quarters, Dynatrace, Inc.'s revenue compounded faster (16.3% CAGR vs 7.3%).
Belden Inc. is an American, multinational, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products. The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.
Dynatrace, Inc. is an American multinational technology company that provides an AI-powered observability platform. Their software is used to monitor, analyze, and optimize application performance, software development, cyber security practices, IT infrastructure, and user experience.
BDC vs DT — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $696.4M | $515.5M |
| Net Profit | $51.0M | $40.1M |
| Gross Margin | 37.1% | 81.4% |
| Operating Margin | 11.2% | 14.1% |
| Net Margin | 7.3% | 7.8% |
| Revenue YoY | 11.4% | 18.2% |
| Net Profit YoY | -1.8% | -88.9% |
| EPS (diluted) | $1.30 | $0.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $696.4M | — | ||
| Q4 25 | $720.1M | $515.5M | ||
| Q3 25 | $698.2M | $493.8M | ||
| Q2 25 | $672.0M | $477.3M | ||
| Q1 25 | $624.9M | $445.2M | ||
| Q4 24 | $666.0M | $436.2M | ||
| Q3 24 | $654.9M | $418.1M | ||
| Q2 24 | $604.3M | $399.2M |
| Q1 26 | $51.0M | — | ||
| Q4 25 | $67.9M | $40.1M | ||
| Q3 25 | $56.7M | $57.2M | ||
| Q2 25 | $61.0M | $48.0M | ||
| Q1 25 | $51.9M | $39.3M | ||
| Q4 24 | $58.4M | $361.8M | ||
| Q3 24 | $53.7M | $44.0M | ||
| Q2 24 | $49.0M | $38.6M |
| Q1 26 | 37.1% | — | ||
| Q4 25 | 36.6% | 81.4% | ||
| Q3 25 | 37.7% | 81.8% | ||
| Q2 25 | 38.5% | 82.1% | ||
| Q1 25 | 39.3% | 80.9% | ||
| Q4 24 | 37.5% | 81.1% | ||
| Q3 24 | 37.3% | 81.4% | ||
| Q2 24 | 37.5% | 81.3% |
| Q1 26 | 11.2% | — | ||
| Q4 25 | 12.2% | 14.1% | ||
| Q3 25 | 10.9% | 14.8% | ||
| Q2 25 | 11.8% | 13.1% | ||
| Q1 25 | 11.6% | 9.6% | ||
| Q4 24 | 10.4% | 10.9% | ||
| Q3 24 | 11.5% | 11.2% | ||
| Q2 24 | 11.4% | 10.5% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 9.4% | 7.8% | ||
| Q3 25 | 8.1% | 11.6% | ||
| Q2 25 | 9.1% | 10.0% | ||
| Q1 25 | 8.3% | 8.8% | ||
| Q4 24 | 8.8% | 82.9% | ||
| Q3 24 | 8.2% | 10.5% | ||
| Q2 24 | 8.1% | 9.7% |
| Q1 26 | $1.30 | — | ||
| Q4 25 | $1.70 | $0.13 | ||
| Q3 25 | $1.41 | $0.19 | ||
| Q2 25 | $1.53 | $0.16 | ||
| Q1 25 | $1.27 | $0.12 | ||
| Q4 24 | $1.41 | $1.19 | ||
| Q3 24 | $1.30 | $0.15 | ||
| Q2 24 | $1.19 | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $272.2M | $1.2B |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $1.3B | $2.7B |
| Total Assets | — | $4.1B |
| Debt / EquityLower = less leverage | 0.98× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $272.2M | — | ||
| Q4 25 | $389.9M | $1.2B | ||
| Q3 25 | $314.3M | $1.3B | ||
| Q2 25 | $301.5M | $1.3B | ||
| Q1 25 | $259.0M | $1.1B | ||
| Q4 24 | $370.3M | $1.0B | ||
| Q3 24 | $323.0M | $1.0B | ||
| Q2 24 | $564.8M | $1.0B |
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $2.7B | ||
| Q3 25 | $1.2B | $2.8B | ||
| Q2 25 | $1.2B | $2.7B | ||
| Q1 25 | $1.2B | $2.6B | ||
| Q4 24 | $1.3B | $2.6B | ||
| Q3 24 | $1.2B | $2.1B | ||
| Q2 24 | $1.2B | $2.1B |
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | $4.1B | ||
| Q3 25 | $3.4B | $4.1B | ||
| Q2 25 | $3.4B | $4.1B | ||
| Q1 25 | $3.3B | $4.1B | ||
| Q4 24 | $3.3B | $3.7B | ||
| Q3 24 | $3.3B | $3.3B | ||
| Q2 24 | $3.5B | $3.3B |
| Q1 26 | 0.98× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $33.8M |
| Free Cash FlowOCF − Capex | $-63.1M | $27.2M |
| FCF MarginFCF / Revenue | -9.1% | 5.3% |
| Capex IntensityCapex / Revenue | 6.4% | 1.3% |
| Cash ConversionOCF / Net Profit | — | 0.84× |
| TTM Free Cash FlowTrailing 4 quarters | $180.4M | $465.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $160.4M | $33.8M | ||
| Q3 25 | $105.0M | $32.0M | ||
| Q2 25 | $82.0M | $269.7M | ||
| Q1 25 | $7.4M | $162.8M | ||
| Q4 24 | $174.7M | $42.2M | ||
| Q3 24 | $91.7M | $23.6M | ||
| Q2 24 | $83.0M | $230.7M |
| Q1 26 | $-63.1M | — | ||
| Q4 25 | $121.3M | $27.2M | ||
| Q3 25 | $65.3M | $27.8M | ||
| Q2 25 | $56.9M | $262.2M | ||
| Q1 25 | $-24.8M | $148.2M | ||
| Q4 24 | $116.4M | $37.6M | ||
| Q3 24 | $67.2M | $20.1M | ||
| Q2 24 | $61.0M | $227.4M |
| Q1 26 | -9.1% | — | ||
| Q4 25 | 16.8% | 5.3% | ||
| Q3 25 | 9.4% | 5.6% | ||
| Q2 25 | 8.5% | 54.9% | ||
| Q1 25 | -4.0% | 33.3% | ||
| Q4 24 | 17.5% | 8.6% | ||
| Q3 24 | 10.3% | 4.8% | ||
| Q2 24 | 10.1% | 57.0% |
| Q1 26 | 6.4% | — | ||
| Q4 25 | 5.4% | 1.3% | ||
| Q3 25 | 5.7% | 0.8% | ||
| Q2 25 | 3.7% | 1.6% | ||
| Q1 25 | 5.2% | 3.3% | ||
| Q4 24 | 8.8% | 1.1% | ||
| Q3 24 | 3.7% | 0.8% | ||
| Q2 24 | 3.6% | 0.8% |
| Q1 26 | — | — | ||
| Q4 25 | 2.36× | 0.84× | ||
| Q3 25 | 1.85× | 0.56× | ||
| Q2 25 | 1.34× | 5.62× | ||
| Q1 25 | 0.14× | 4.14× | ||
| Q4 24 | 2.99× | 0.12× | ||
| Q3 24 | 1.71× | 0.54× | ||
| Q2 24 | 1.69× | 5.97× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BDC
Segment breakdown not available.
DT
| Subscription And Circulation | $493.4M | 96% |
| Services | $22.1M | 4% |
