Dilution profile // every instrument, one screen, from SEC filings

Dynatrace, Inc. (DT)

CIK 1773383 · all EDGAR filings →

Overall dilution risk
HIGHworst of 3 computed sub-ratings (offering ability)
= the worst band among the computed sub-ratings, no hidden weighting
not every sub-rating was computable; treat as a floor
Offering ability
HIGHS-3ASR on file 2023-11-15
= is there a registration (S-1/S-3 family) on file without a later withdrawal
no structured fee data on the live registrations, so this is a yes/no, not a size
Overhead supply
NOT COMPUTEDno warrant count tagged in XBRL
= warrant shares outstanding divided by current shares outstanding
absence of a tag is not proof of absence of warrants
Historical dilution
LOW-3% O/S in 3y
= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative
Cash need
LOWoperating cash flow positive
= cash vs trailing operating burn (bands: 6mo / 24mo; positive operating CF = low)

Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.

Shares outstanding over time

2021-02-012026-10-30

Latest: 286.9M shares as of Oct 30, 2026 (10-Q).

⊙
EVIDENCE — filed/published fact
SourceSEC XBRL, cover-page share count
Fielddei:EntityCommonStockSharesOutstanding
As of2026-10-30
HowThe newest cover-page count as filed. It is used as the current count only while it is no more than about 15 months older than the company’s newest periodic filing; the float checker applies a 200-day rule and sets it beside the balance-sheet count.
Open the source document →

Cash runway

Self-funding

profitable · generates cash

Full breakdown: cash runway tool · source filing →

Warrants

TrancheWarrantsExercise priceTermNotes
A2031 Warrants22.4M$107.12——

Tranches exactly as the company dimensioned them in its 10-Q filed Nov 3, 2026 →. Groupings can overlap (a “Series E and F” row is not additive with a “Series E” row), so do not sum this column. A tranche the filer did not tag is absent here, not absent from the cap table. DOWN-ROUND = the filer tagged price-protection accounting scoped to that tranche.

No warrant figures tagged in this filer’s XBRL facts. That means the company has not reported them in structured form; it does not prove no warrants exist. The exhibits are the ground truth.

Convertible notes

NotePrincipalCarryingConv. priceRateIf converted
2031 Notes$1.44B$1.44B$64.27—~22.4M sh

If every note above converted at its tagged price: ~22.4M new shares on 286.9M currently outstanding. An estimate from principal ÷ conversion price, with inputs carrying different as-of dates; make-whole adjustments, capped calls and partial repurchases are not modeled.

Notes exactly as the company dimensioned them in its 10-Q filed Nov 3, 2026 →. Principal is face amount as tagged, not what remains after repurchases unless the filer updated the tag. A note the filer did not dimension is absent here, not absent from the balance sheet; the exhibits stay the ground truth.

Fully diluted build-up

Shares outstanding plus every potential-share instrument the filer tagged in XBRL, each at its own as-of date. An estimate assembled from filed figures, not a filing figure itself.

Shares outstanding286.9MOct 30, 2026
+ A2031 Warrants (if exercised)22.4MAug 31, 2026
+ 2031 Notes (if fully converted)22.4MAug 31, 2026
Fully diluted estimate331.7M+15.6% vs O/S

Still excluded, because the filer does not tag them in countable form: employee options and RSUs, any instrument living only in exhibit prose, and instruments above missing a share count. Inputs carry different as-of dates, shown per row. Each figure traces to the tranche and note tables above and their cited filings.

Registrations and offerings

S-3ASRNov 15, 2023no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →

Last 12 months: 1 executed · 0 registered.

EXECUTEDAug 20, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →
UPDATENov 17, 2023Resale prospectus — existing holders registering to sell424B7 →
REGISTEREDNov 15, 2023Automatic shelf registration — effective immediately (large filers)S-3ASR →
UPDATENov 15, 2023Resale prospectus — existing holders registering to sell424B7 →
UPDATEFeb 9, 2023Resale prospectus — existing holders registering to sell424B7 →
UPDATEFeb 7, 2023Resale prospectus — existing holders registering to sell424B7 →
UPDATEAug 5, 2020Resale prospectus — existing holders registering to sell424B7 →
REGISTEREDAug 3, 2020Automatic shelf registration — effective immediately (large filers)S-3ASR →
UPDATEAug 3, 2020Resale prospectus — existing holders registering to sell424B7 →
EXECUTEDJun 3, 2020Final prospectus — offering priced (typical for IPOs and marketed share deals)424B4 →
REGISTEREDJun 2, 2020S-1MEF registration — capacity to sell shares, not a sale yetS-1MEF →
EFFECTIVEJun 2, 2020SEC declared a registration effective — selling can beginEFFECT →

Full history and shelf status: offering checker · S-3 shelf checker

Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.

Keep going: float checker · offering calendar · short-squeeze screener · full DT workspace

Free to use. No account, no card.