Pagerduty, Inc. ( (PD) ) has released its Q1 earnings. Here is a breakdown of the information Pagerduty, Inc. presented to its investors.
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PagerDuty, Inc. is a global leader in digital operations management, providing an AI-powered platform that enhances business resilience and operational efficiency for enterprises. The company recently reported its financial results for the first quarter of fiscal 2026, showcasing a revenue increase of 8% year over year to $120 million, with an annual recurring revenue growth of 7% to $496 million. Despite a GAAP operating loss of $10 million, the company achieved a non-GAAP operating income of $24 million, reflecting its strategic focus on scaling enterprise sales and advancing its Operations Cloud platform.
Key financial highlights from the quarter include a non-GAAP operating margin of 20.3% and a net loss per share of $0.07, while non-GAAP net income per diluted share stood at $0.24. The company also reported a robust free cash flow of $29 million, supported by strong cash and investment reserves totaling $597.1 million. PagerDuty’s customer base showed growth, with customers having an ARR over $100,000 increasing by 5% to 848, and total paid customers reaching 15,247.
Strategically, PagerDuty is advancing its Operations Cloud with new AI functionalities and has entered a strategic collaboration with Amazon Web Services to enhance automation and operational resilience. The company has also been recognized for its innovation and leadership in AI and cloud services, winning several industry awards. Additionally, PagerDuty expanded its global reach through customer engagements in major cities and added Donald Carty to its Board of Directors.
Looking ahead, PagerDuty anticipates continued revenue growth, projecting second-quarter revenue between $122.5 million and $124.5 million, and full fiscal year 2026 revenue between $493 million and $499 million. The company remains committed to leveraging AI advancements to capture significant enterprise opportunities, driving value through innovation and strategic partnerships.
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