PagerDuty Inc (PD)
NYSE:PD
Earnings Data
Report Date
May 28, 2026After Close (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
0.25Last Year’s EPS
0.24Same Quarter Last Year
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mix of meaningful operational and financial improvements—first full-year GAAP profitability, material margin expansion, strong cash balance, accelerating AI product momentum, and notable large deal wins—against persistent growth and retention headwinds (modest revenue growth, DBNR <100, seat-based compression, and conservative FY'27 guidance). Management is focused on transitioning to consumption-based pricing, expanding AI-driven use cases, and sustaining margin expansion. Given the pronounced profitability and product/enterprise traction, balanced with clear execution and macro risks around growth and retention, the overall tone is cautiously optimistic.Company Guidance
Revenue and Quarterly Performance
Q4 revenue of $125 million, up 3% year-over-year; fiscal 2026 revenue nearly $493 million, up 5% year-over-year. Q4 outperformed guidance ranges.
Profitability and Margin Expansion
First full fiscal year of GAAP profitability; Q4 GAAP net income of $11 million. Non-GAAP operating margin of 24% in Q4 (vs. 18% a year ago), expanded nearly 700 basis points over the year; non-GAAP operating income of $30 million in Q4.
Strong Gross Margins and Cash Generation
Non-GAAP gross margin of 87% in Q4, exceeding the 84%-86% target range. Q4 cash from operations $25 million (20% of revenue) and free cash flow $23 million (18% of revenue). Ended quarter with $470 million in cash, cash equivalents and investments.
ARR and Customer Mix Progress
Total ARR ended fiscal year at $499 million (stabilized). Customers spending >$1M in ARR increased to 79 (up 10% YoY). Customers spending >$100K rose to 861 (up 1% YoY). ARR from the $100K+ cohort comprised ~72% of total ARR, indicating concentration in higher-value enterprise relationships.
Platform Adoption and Funnel Growth
Total paid and free platform customers grew to over 35,000, up ~14% YoY; total paid customers grew to 15,351, up 2% YoY. Over 40 deals >$100K signed in Q4 (nearly twice the quarterly average), and cohort of $1M+ spenders up in the teens.
AI Product Momentum and Ecosystem Expansion
Accelerating AI-first and Agentic capabilities: platform processed billions of events and nearly 1 billion incidents last year. Expanded AI ecosystem with 30+ new partners including Anthropic, Claude, Cursor and LangChain. SRE agent resolves incidents autonomously for hundreds of clients; notable AI-driven expansions with customers like a semiconductor supplier ($1M expansion) and NVIDIA using PagerDuty Advance.
Operational Discipline and Capital Returns
Repurchased ~10 million shares in FY'26 under a $200 million plan (8 million shares for $99 million in Q4). Management expects to maintain GAAP profitability in FY'27 and targets a 30% long-term non-GAAP operating margin.
Large Deal and Enterprise Wins
Multiple multi-year, multi-million-dollar renewals and expansions highlighted (e.g., $4.5M TCV renewal with a global toy maker and $2.7M expansion with a leading telco), and several large 6- and 7-figure deals in Q4 driving strongest new & expansion quarter of the year (new & expansion performance up 6% YoY and sequentially up 37%).
PD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 12, 2026 | $7.27 | $7.07 | -2.75% |
Nov 25, 2025 | $15.18 | $11.64 | -23.32% |
Sep 03, 2025 | $15.59 | $16.57 | +6.29% |
May 29, 2025 | $16.10 | $14.26 | -11.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does PagerDuty Inc (PD) report earnings?
PagerDuty Inc (PD) is schdueled to report earning on May 28, 2026, After Close (Confirmed).
What is PagerDuty Inc (PD) earnings time?
PagerDuty Inc (PD) earnings time is at May 28, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PD EPS forecast?
PD EPS forecast for the fiscal quarter 2027 (Q1) is 0.25.
