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Side-by-side financial comparison of Dynatrace, Inc. (DT) and PROASSURANCE CORP (PRA). Click either name above to swap in a different company.

Dynatrace, Inc. is the larger business by last-quarter revenue ($515.5M vs $269.6M, roughly 1.9× PROASSURANCE CORP). PROASSURANCE CORP runs the higher net margin — 12.4% vs 7.8%, a 4.6% gap on every dollar of revenue. On growth, Dynatrace, Inc. posted the faster year-over-year revenue change (18.2% vs -7.1%). Over the past eight quarters, Dynatrace, Inc.'s revenue compounded faster (16.3% CAGR vs -2.7%).

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.

ProAssurance Corporation, headquartered in Birmingham, Alabama, is a property and casualty company that sells professional liability insurance to doctors. The company was founded in 1976 as Mutual Assurance and was later renamed to Medical Assurance in 1997. The name "ProAssurance" was created in 2001 when Medical Assurance merged with Professionals Group. The company is currently the fourth largest medical professional liability insurance writer and has over $6 billion in assets.

DT vs PRA — Head-to-Head

Bigger by revenue
DT
DT
1.9× larger
DT
$515.5M
$269.6M
PRA
Growing faster (revenue YoY)
DT
DT
+25.2% gap
DT
18.2%
-7.1%
PRA
Higher net margin
PRA
PRA
4.6% more per $
PRA
12.4%
7.8%
DT
Faster 2-yr revenue CAGR
DT
DT
Annualised
DT
16.3%
-2.7%
PRA

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DT
DT
PRA
PRA
Revenue
$515.5M
$269.6M
Net Profit
$40.1M
$33.4M
Gross Margin
81.4%
Operating Margin
14.1%
17.3%
Net Margin
7.8%
12.4%
Revenue YoY
18.2%
-7.1%
Net Profit YoY
-88.9%
106.4%
EPS (diluted)
$0.13
$0.65

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.

Revenue
DT
DT
PRA
PRA
Q4 25
$515.5M
$269.6M
Q3 25
$493.8M
$279.6M
Q2 25
$477.3M
$276.8M
Q1 25
$445.2M
$272.1M
Q4 24
$436.2M
$290.1M
Q3 24
$418.1M
$285.3M
Q2 24
$399.2M
$290.4M
Q1 24
$380.8M
$284.7M
Net Profit
DT
DT
PRA
PRA
Q4 25
$40.1M
$33.4M
Q3 25
$57.2M
$1.4M
Q2 25
$48.0M
$21.9M
Q1 25
$39.3M
$-5.8M
Q4 24
$361.8M
$16.2M
Q3 24
$44.0M
$16.4M
Q2 24
$38.6M
$15.5M
Q1 24
$37.9M
$4.6M
Gross Margin
DT
DT
PRA
PRA
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%
Operating Margin
DT
DT
PRA
PRA
Q4 25
14.1%
17.3%
Q3 25
14.8%
1.6%
Q2 25
13.1%
9.9%
Q1 25
9.6%
-2.3%
Q4 24
10.9%
6.5%
Q3 24
11.2%
7.4%
Q2 24
10.5%
6.2%
Q1 24
6.1%
1.9%
Net Margin
DT
DT
PRA
PRA
Q4 25
7.8%
12.4%
Q3 25
11.6%
0.5%
Q2 25
10.0%
7.9%
Q1 25
8.8%
-2.1%
Q4 24
82.9%
5.6%
Q3 24
10.5%
5.8%
Q2 24
9.7%
5.3%
Q1 24
10.0%
1.6%
EPS (diluted)
DT
DT
PRA
PRA
Q4 25
$0.13
$0.65
Q3 25
$0.19
$0.03
Q2 25
$0.16
$0.42
Q1 25
$0.12
$-0.11
Q4 24
$1.19
$0.32
Q3 24
$0.15
$0.32
Q2 24
$0.13
$0.30
Q1 24
$0.13
$0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DT
DT
PRA
PRA
Cash + ST InvestmentsLiquidity on hand
$1.2B
$36.5M
Total DebtLower is stronger
$420.4M
Stockholders' EquityBook value
$2.7B
$1.3B
Total Assets
$4.1B
$5.4B
Debt / EquityLower = less leverage
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DT
DT
PRA
PRA
Q4 25
$1.2B
$36.5M
Q3 25
$1.3B
$54.5M
Q2 25
$1.3B
$41.6M
Q1 25
$1.1B
$43.5M
Q4 24
$1.0B
$54.9M
Q3 24
$1.0B
$45.3M
Q2 24
$1.0B
$36.9M
Q1 24
$836.9M
$65.4M
Total Debt
DT
DT
PRA
PRA
Q4 25
$420.4M
Q3 25
$421.5M
Q2 25
$422.6M
Q1 25
$423.7M
Q4 24
$424.9M
Q3 24
$425.9M
Q2 24
$426.9M
Q1 24
$427.8M
Stockholders' Equity
DT
DT
PRA
PRA
Q4 25
$2.7B
$1.3B
Q3 25
$2.8B
$1.3B
Q2 25
$2.7B
$1.3B
Q1 25
$2.6B
$1.2B
Q4 24
$2.6B
$1.2B
Q3 24
$2.1B
$1.2B
Q2 24
$2.1B
$1.1B
Q1 24
$2.0B
$1.1B
Total Assets
DT
DT
PRA
PRA
Q4 25
$4.1B
$5.4B
Q3 25
$4.1B
$5.6B
Q2 25
$4.1B
$5.5B
Q1 25
$4.1B
$5.5B
Q4 24
$3.7B
$5.6B
Q3 24
$3.3B
$5.7B
Q2 24
$3.3B
$5.6B
Q1 24
$3.4B
$5.7B
Debt / Equity
DT
DT
PRA
PRA
Q4 25
0.31×
Q3 25
0.32×
Q2 25
0.33×
Q1 25
0.34×
Q4 24
0.35×
Q3 24
0.35×
Q2 24
0.38×
Q1 24
0.38×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DT
DT
PRA
PRA
Operating Cash FlowLast quarter
$33.8M
$-25.6M
Free Cash FlowOCF − Capex
$27.2M
FCF MarginFCF / Revenue
5.3%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
0.84×
-0.77×
TTM Free Cash FlowTrailing 4 quarters
$465.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DT
DT
PRA
PRA
Q4 25
$33.8M
$-25.6M
Q3 25
$32.0M
$27.2M
Q2 25
$269.7M
$-28.1M
Q1 25
$162.8M
$-11.6M
Q4 24
$42.2M
$-10.7M
Q3 24
$23.6M
$14.0M
Q2 24
$230.7M
$-12.8M
Q1 24
$131.7M
$-11.6M
Free Cash Flow
DT
DT
PRA
PRA
Q4 25
$27.2M
Q3 25
$27.8M
Q2 25
$262.2M
Q1 25
$148.2M
Q4 24
$37.6M
Q3 24
$20.1M
Q2 24
$227.4M
Q1 24
$121.9M
FCF Margin
DT
DT
PRA
PRA
Q4 25
5.3%
Q3 25
5.6%
Q2 25
54.9%
Q1 25
33.3%
Q4 24
8.6%
Q3 24
4.8%
Q2 24
57.0%
Q1 24
32.0%
Capex Intensity
DT
DT
PRA
PRA
Q4 25
1.3%
Q3 25
0.8%
Q2 25
1.6%
Q1 25
3.3%
Q4 24
1.1%
Q3 24
0.8%
Q2 24
0.8%
Q1 24
2.6%
Cash Conversion
DT
DT
PRA
PRA
Q4 25
0.84×
-0.77×
Q3 25
0.56×
18.81×
Q2 25
5.62×
-1.28×
Q1 25
4.14×
Q4 24
0.12×
-0.66×
Q3 24
0.54×
0.85×
Q2 24
5.97×
-0.83×
Q1 24
3.47×
-2.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DT
DT

Subscription And Circulation$493.4M96%
Services$22.1M4%

PRA
PRA

Workers Compensation Insurance Segment$164.4M61%
Other$59.6M22%
Segregated Portfolio Cell Reinsurance$45.7M17%

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