PagerDuty Inc
NYSE:PD

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PagerDuty Inc
NYSE:PD
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Price: 12.28 USD 2.25% Market Closed
Market Cap: 1.1B USD

PagerDuty Inc
Investor Relations

PagerDuty Inc. emerged from the bustling tech ecosystem of Silicon Valley, positioning itself as an indispensable tool for modern businesses. Founded in 2009, the company made its mark by addressing a critical pain point for digital enterprises: incident response. In an era where downtime equates to lost revenue and customer trust, PagerDuty's cloud-based platform offers a strategic solution. It acts as a digital watchdog, monitoring various systems and applications for irregularities and swiftly alerting the relevant personnel. This immediate notification mechanism empowers organizations to efficiently manage and resolve issues before they escalate, fortifying business continuity and enhancing operational resilience. Such capabilities are crucial for technology-dependent enterprises across sectors, making PagerDuty a vital component of their infrastructure.

PagerDuty generates revenue through a subscription-based model, where organizations pay for the full suite of its alerting and incident management services. The pricing structure typically revolves around the number of users and the extent of functionalities clients choose to incorporate. In addition to its core alerting services, PagerDuty has expanded its offerings to include advanced analytics, enabling companies to discern patterns in incidents and improve their response strategies. This evolution reflects the company's commitment to providing holistic solutions that drive efficiency and reliability. As digital transformation continues to accelerate globally, PagerDuty's ability to seamlessly integrate into various cloud ecosystems and its focus on proactive incident management positions it as a key player in the realm of digital operations management.

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Last Earnings Call
Fiscal Period
Q3 2026
Call Date
Nov 25, 2025
AI Summary
Q3 2026

Revenue Growth: PagerDuty delivered Q3 revenue of $125 million, up 5% year-over-year, but lowered full-year revenue guidance due to greater-than-expected seat license contraction.

Margin Expansion: Operating margin reached 29% in Q3, exceeding guidance and expanding 750 basis points YoY. Full-year margin guidance was raised.

Profitability: Achieved second consecutive quarter of GAAP profitability and expects full-year GAAP profitability next year.

Retention Headwinds: Dollar-based net retention fell to 100% from 102%, impacted by large enterprise seat reductions tied to reorganizations and budget caution.

Transition to Usage-Based Pricing: Encouraging traction in shifting customers from seat-based to usage-based and multi-year agreements, especially among large and AI-native customers.

Product Innovation: Accelerated product and AI operations investment, launching the agentic end-to-end incident management suite and deepening partnerships.

Leadership Changes: CFO Howard Wilson announced plans to retire during the next financial year.

Key Financials
Revenue
$125 million
Operating Margin
29%
Net Income
$160 million
Annual Recurring Revenue
$497 million
Dollar-based Net Retention
100%
Customers Spending Over $100,000 in ARR
867
Total Paid Customers
15,398
Total Paid and Free Customers
over 34,000
Gross Margin
87%
Operating Income
$36 million
Cash from Operations
$25 million
Free Cash Flow
$21 million
Cash, Cash Equivalents and Investments
$548 million
Trailing 12-Month Billings
$496 million
Remaining Performance Obligations
$450 million
International Revenue
29% of total revenue
Earnings Call Recording
Other Earnings Calls

Management

Ms. Jennifer G. Tejada
Chair of the Board & CEO
No Bio Available
Mr. Owen Howard Wilson
Chief Financial Officer
No Bio Available
Ms. Shelley Webb
Chief Legal & People Officer
No Bio Available
Mr. Baskar Puvanathasan
Co-Founder
No Bio Available
Ms. Mitra Rezvan
Chief Accounting Officer & Senior VP of Finance
No Bio Available
Mr. Tim Armandpour
Chief Technology Officer
No Bio Available
Mr. Eric Johnson
Chief Information Officer
No Bio Available
Mr. Tony Righetti
Vice President of Investor Relations
No Bio Available
Ms. Debbie O'Brien
Chief Communication Officer & VP of Global Social Impact
No Bio Available
Ms. Katherine Post Calvert
Chief Marketing Officer
No Bio Available

Contacts

Address
CALIFORNIA
San Francisco
600 Townsend St Ste 200E
Contacts
+18448003889.0
www.pagerduty.com