vs
Side-by-side financial comparison of Dynatrace, Inc. (DT) and Global Business Travel Group, Inc. (GBTG). Click either name above to swap in a different company.
Global Business Travel Group, Inc. is the larger business by last-quarter revenue ($792.0M vs $515.5M, roughly 1.5× Dynatrace, Inc.). Global Business Travel Group, Inc. runs the higher net margin — 10.5% vs 7.8%, a 2.7% gap on every dollar of revenue. On growth, Global Business Travel Group, Inc. posted the faster year-over-year revenue change (34.0% vs 18.2%). Dynatrace, Inc. produced more free cash flow last quarter ($27.2M vs $13.0M). Over the past eight quarters, Dynatrace, Inc.'s revenue compounded faster (16.3% CAGR vs 13.9%).
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.
A travel management company (TMC) is a travel agency which manages organizations' corporate or business travel programs. Such companies will often provide an end-user online booking tool, mobile application, program management, and consulting teams, executive travel services, meetings and events support, reporting functionality, duty of care, and more. Non-Profit travel management companies also provide services to manage complex visa requirements, pre-trip medical needs, remote area travel, ...
DT vs GBTG — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $515.5M | $792.0M |
| Net Profit | $40.1M | $83.0M |
| Gross Margin | 81.4% | — |
| Operating Margin | 14.1% | 3.7% |
| Net Margin | 7.8% | 10.5% |
| Revenue YoY | 18.2% | 34.0% |
| Net Profit YoY | -88.9% | 692.9% |
| EPS (diluted) | $0.13 | $0.16 |
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.
| Q4 25 | $515.5M | $792.0M | ||
| Q3 25 | $493.8M | $674.0M | ||
| Q2 25 | $477.3M | $631.0M | ||
| Q1 25 | $445.2M | $621.0M | ||
| Q4 24 | $436.2M | $591.0M | ||
| Q3 24 | $418.1M | $597.0M | ||
| Q2 24 | $399.2M | $625.0M | ||
| Q1 24 | $380.8M | $610.0M |
| Q4 25 | $40.1M | $83.0M | ||
| Q3 25 | $57.2M | $-62.0M | ||
| Q2 25 | $48.0M | $15.0M | ||
| Q1 25 | $39.3M | $75.0M | ||
| Q4 24 | $361.8M | $-14.0M | ||
| Q3 24 | $44.0M | $-128.0M | ||
| Q2 24 | $38.6M | $27.0M | ||
| Q1 24 | $37.9M | $-19.0M |
| Q4 25 | 81.4% | — | ||
| Q3 25 | 81.8% | — | ||
| Q2 25 | 82.1% | — | ||
| Q1 25 | 80.9% | — | ||
| Q4 24 | 81.1% | — | ||
| Q3 24 | 81.4% | — | ||
| Q2 24 | 81.3% | — | ||
| Q1 24 | 81.1% | — |
| Q4 25 | 14.1% | 3.7% | ||
| Q3 25 | 14.8% | 1.8% | ||
| Q2 25 | 13.1% | 5.4% | ||
| Q1 25 | 9.6% | 8.9% | ||
| Q4 24 | 10.9% | 5.1% | ||
| Q3 24 | 11.2% | 4.5% | ||
| Q2 24 | 10.5% | 6.7% | ||
| Q1 24 | 6.1% | 2.6% |
| Q4 25 | 7.8% | 10.5% | ||
| Q3 25 | 11.6% | -9.2% | ||
| Q2 25 | 10.0% | 2.4% | ||
| Q1 25 | 8.8% | 12.1% | ||
| Q4 24 | 82.9% | -2.4% | ||
| Q3 24 | 10.5% | -21.4% | ||
| Q2 24 | 9.7% | 4.3% | ||
| Q1 24 | 10.0% | -3.1% |
| Q4 25 | $0.13 | $0.16 | ||
| Q3 25 | $0.19 | $-0.13 | ||
| Q2 25 | $0.16 | $0.03 | ||
| Q1 25 | $0.12 | $0.16 | ||
| Q4 24 | $1.19 | $-0.04 | ||
| Q3 24 | $0.15 | $-0.28 | ||
| Q2 24 | $0.13 | $0.06 | ||
| Q1 24 | $0.13 | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.2B | $434.0M |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | $2.7B | $1.6B |
| Total Assets | $4.1B | $4.9B |
| Debt / EquityLower = less leverage | — | 0.88× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.2B | $434.0M | ||
| Q3 25 | $1.3B | $427.0M | ||
| Q2 25 | $1.3B | $601.0M | ||
| Q1 25 | $1.1B | $552.0M | ||
| Q4 24 | $1.0B | $536.0M | ||
| Q3 24 | $1.0B | $524.0M | ||
| Q2 24 | $1.0B | $515.0M | ||
| Q1 24 | $836.9M | $475.0M |
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.7B | $1.6B | ||
| Q3 25 | $2.8B | $1.5B | ||
| Q2 25 | $2.7B | $1.2B | ||
| Q1 25 | $2.6B | $1.1B | ||
| Q4 24 | $2.6B | $1.1B | ||
| Q3 24 | $2.1B | $1.1B | ||
| Q2 24 | $2.1B | $1.2B | ||
| Q1 24 | $2.0B | $1.2B |
| Q4 25 | $4.1B | $4.9B | ||
| Q3 25 | $4.1B | $4.8B | ||
| Q2 25 | $4.1B | $3.9B | ||
| Q1 25 | $4.1B | $3.8B | ||
| Q4 24 | $3.7B | $3.6B | ||
| Q3 24 | $3.3B | $3.8B | ||
| Q2 24 | $3.3B | $3.8B | ||
| Q1 24 | $3.4B | $3.8B |
| Q4 25 | — | 0.88× | ||
| Q3 25 | — | 0.91× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | — | 1.23× | ||
| Q4 24 | — | 1.32× | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | — | — | ||
| Q1 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 | $52.0M |
| Free Cash FlowOCF − Capex | $27.2M | $13.0M |
| FCF MarginFCF / Revenue | 5.3% | 1.6% |
| Capex IntensityCapex / Revenue | 1.3% | 4.9% |
| Cash ConversionOCF / Net Profit | 0.84× | 0.63× |
| TTM Free Cash FlowTrailing 4 quarters | $465.5M | $104.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $33.8M | $52.0M | ||
| Q3 25 | $32.0M | $71.0M | ||
| Q2 25 | $269.7M | $57.0M | ||
| Q1 25 | $162.8M | $53.0M | ||
| Q4 24 | $42.2M | $65.0M | ||
| Q3 24 | $23.6M | $85.0M | ||
| Q2 24 | $230.7M | $73.0M | ||
| Q1 24 | $131.7M | $49.0M |
| Q4 25 | $27.2M | $13.0M | ||
| Q3 25 | $27.8M | $38.0M | ||
| Q2 25 | $262.2M | $27.0M | ||
| Q1 25 | $148.2M | $26.0M | ||
| Q4 24 | $37.6M | $33.0M | ||
| Q3 24 | $20.1M | $59.0M | ||
| Q2 24 | $227.4M | $49.0M | ||
| Q1 24 | $121.9M | $24.0M |
| Q4 25 | 5.3% | 1.6% | ||
| Q3 25 | 5.6% | 5.6% | ||
| Q2 25 | 54.9% | 4.3% | ||
| Q1 25 | 33.3% | 4.2% | ||
| Q4 24 | 8.6% | 5.6% | ||
| Q3 24 | 4.8% | 9.9% | ||
| Q2 24 | 57.0% | 7.8% | ||
| Q1 24 | 32.0% | 3.9% |
| Q4 25 | 1.3% | 4.9% | ||
| Q3 25 | 0.8% | 4.9% | ||
| Q2 25 | 1.6% | 4.8% | ||
| Q1 25 | 3.3% | 4.3% | ||
| Q4 24 | 1.1% | 5.4% | ||
| Q3 24 | 0.8% | 4.4% | ||
| Q2 24 | 0.8% | 3.8% | ||
| Q1 24 | 2.6% | 4.1% |
| Q4 25 | 0.84× | 0.63× | ||
| Q3 25 | 0.56× | — | ||
| Q2 25 | 5.62× | 3.80× | ||
| Q1 25 | 4.14× | 0.71× | ||
| Q4 24 | 0.12× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 5.97× | 2.70× | ||
| Q1 24 | 3.47× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DT
| Subscription And Circulation | $493.4M | 96% |
| Services | $22.1M | 4% |
GBTG
| Travel | $620.0M | 78% |
| Other | $172.0M | 22% |
