Form: 10-K

Annual report [Section 13 and 15(d), not S-K Item 405]

May 20, 2026


EXHIBIT 21.1

Subsidiaries of the Registrant
(As of May 20, 2026)

Name of Subsidiary
Jurisdiction of Incorporation or Organization
Dynatrace (Shanghai) Software Services Co. Ltd.
China
Dynatrace A/S
Denmark
Dynatrace AB
Sweden
Dynatrace AS
Norway
Dynatrace Asia Pacific Ltd.
China (Hong Kong)
Dynatrace Asia-Pacific Pte. Ltd.
Singapore
Dynatrace Asia-Pacific Pty Ltd
Australia
Dynatrace Austria GmbH
Austria
Dynatrace B.V.
Netherlands
Dynatrace BV
Belgium
Dynatrace Blocker I, LLC
United States (Delaware)
Dynatrace Blocker II, LLC
United States (Delaware)
Dynatrace Blocker III, LLC
United States (Delaware)
Dynatrace Blocker IV, LLC
United States (Delaware)
Dynatrace Blocker V, LLC
United States (Delaware)
Dynatrace Blocker VI, LLC
United States (Delaware)
Dynatrace Canada ULC
Canada (Nova Scotia)
Dynatrace Chile SpA
Chile
Dynatrace Colombia S.A.S.
Colombia
Dynatrace Czech Republic s.r.o.
Czech Republic
Dynatrace de Mexico S. de R.L. de C.V.
Mexico
Dynatrace Estonia OU
Estonia
Dynatrace Finland Oy
Finland
Dynatrace GK
Japan
Dynatrace Global Finance GmbH
Switzerland
Dynatrace Global Holdings GmbH
Switzerland
Dynatrace Global Software GmbH
Switzerland
Dynatrace Global Technology GmbH
Switzerland
Dynatrace GmbH
Germany
Dynatrace GmbH
Switzerland
Dynatrace Holding Corp.
United States (Delaware)
Dynatrace India Software Operations Private Limited
India
Dynatrace Intermediate LLC
United States (Delaware)
Dynatrace International LLC
United States (Delaware)
Dynatrace Ireland Limited
Ireland
Dynatrace Israel Ltd.
Israel
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Name of Subsidiary
Jurisdiction of Incorporation or Organization
Dynatrace Korea Ltd.
South Korea
Dynatrace Limited
United Kingdom
Dynatrace LLC
United States (Delaware)
Dynatrace Malaysia Sdn. Bhd.
Malaysia
Dynatrace Middle East FZ-LLC
United Arab Emirates (Dubai)
Dynatrace Overseas Holdings LLC
United States (Delaware)
Dynatrace Peru S.A.C.
Peru
Dynatrace S.r.l.
Italy
Dynatrace SARL
France
Dynatrace S.L.
Spain
Dynatrace Software do Brasil Ltda.
Brazil
Dynatrace Sp. Z.o.o
Poland
Dynatrace Ventures LLC
United States (Delaware)
Dynatrace Vietnam Limited Liability Company
Vietnam
observIQ, Inc.
United States (Delaware)
PT Dynatrace Solutions Indonesia
Indonesia
Runecast Solutions, Inc.
United States (Delaware)
Runecast Solutions Ltd.
United Kingdom




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