PagerDuty, Inc. earnings

PagerDuty's fiscal 2027 second quarter revenue was $124.4 million, up 0.8% from $123.4 million in the prior-year quarter. Year to date revenue is $245.4 million, up 0.9%. Growth is close to flat, and the customer metrics show why.

PagerDuty opened fiscal 2027 with $121.0 million of revenue, up 1.0% from $119.8 million a year earlier. Gross profit rose 1.3% to $101.9 million and gross margin was 84.3%, up 0.3 percentage points. The profit lines moved much further than the top line.

PagerDuty closed fiscal 2026 with fourth quarter revenue of $124.8 million, up 2.7% year over year. Full year revenue reached $492.5 million, up 5.4%. Gross profit was $107.2 million for the quarter, up 5.6%, and $418.4 million for the year, up 7.9%.

PagerDuty posted its second consecutive quarter of GAAP profitability in the fiscal 2026 third quarter ended October 31, 2025. Revenue was $124.5 million, up 4.7% year over year. Gross profit was $106.2 million, up 7.6%, and gross margin rose 2.3 percentage points to 85.3%.

PagerDuty's fiscal 2026 second quarter produced a GAAP profit. Revenue was $123.4 million, up 6.4% year over year. Gross profit was $104.4 million, up 8.9%, and gross margin was 84.6%, up 1.9 percentage points.

PagerDuty's fiscal 2026 first quarter revenue rose 7.8% year over year to $119.8 million, up from $111.2 million in the prior-year quarter. Gross profit was $100.6 million, up 9.6%, and gross margin reached 84.0%, up 1.4 percentage points from 82.6%.

PagerDuty posted fourth quarter revenue of $121.4 million, up 9.3% year over year. Full year revenue climbed 8.5% to $467.5 million. Gross margin improved to 83.6% in the quarter from 81.7% a year earlier, an increase of 1.9 percentage points.

PagerDuty closed the third quarter of fiscal 2025 with revenue of $118.9 million, up 9.4% from the prior-year quarter. Gross profit rose 10.9% to $98.7 million, and gross margin was 83.0%, up 1.1 percentage points.

PagerDuty's fiscal 2025 second quarter revenue rose 7.7% year over year to $115.9 million. First-half revenue was $227.1 million, also up 7.7%. Quarterly gross profit increased 9.2% to $95.9 million, and first-half gross profit rose 8.4% to $187.7 million. Gross margin widened to 82.7%.

PagerDuty's first quarter of fiscal 2025 showed steady top-line growth but a wider GAAP loss. Revenue rose 7.7% year over year to $111.2 million. Gross profit increased 7.6% to $91.8 million. Gross margin was 82.6%, flat compared with the prior-year quarter. The GAAP picture beneath that was less comfortable.

PagerDuty closed fiscal 2024 with fourth-quarter revenue of $111.1 million, up 10.1% from the prior-year quarter. Full-year revenue reached $430.7 million, up 16.2% year over year. Gross profit was $90.76 million in the quarter, up 9.8%, and $352.87 million for the full year, up 17.5%.

PagerDuty closed its fiscal 2024 third quarter with revenue of $108.7 million, up 15.4% from the prior-year quarter. Gross profit rose 16.8% to $89.0 million, and gross margin was 81.9%, up 1.0 percentage point.

PagerDuty reported second quarter fiscal 2024 revenue of $107.62 million, up 19.2% year over year. The increase was attributable to a combination of growth from both new and existing customers. Gross profit was $87.78 million, up 22.1%, and gross margin expanded to 81.6%, up 1.9 percentage points.

PagerDuty reported first quarter fiscal 2024 revenue of $103.25 million, up 20.9% year over year. Gross profit reached $85.31 million, up 22.5%, and gross margin rose to 82.6%, up 1.0 percentage point. The bottom line improved sharply. Operating loss was $15.80 million, narrowed 51.3%.

PagerDuty closed fiscal 2023 with fourth quarter revenue of $100.97 million, up 28.6% year over year. That was the company's first $100 million quarter. Full year revenue reached $370.79 million, up 31.8% from the prior year.

PagerDuty closed the fiscal 2023 third quarter with revenue of $94.2 million, up 31.3% from the prior-year quarter. Year-to-date revenue reached $269.8 million, up 33.0%.

PagerDuty reported second-quarter fiscal 2023 results for the period ended July 31, 2022, with strong top-line growth but a wider GAAP loss. GAAP revenue was $90.3 million, up 33.6% year over year. GAAP gross profit was $71.9 million, up 29.4%, while gross margin slipped to 79.6%, down 2.6 percentage points.

PagerDuty posted another quarter of rapid top-line growth in FY2023 Q1, but the income statement showed the cost of that growth. Revenue rose 34.3% year over year to $85.4 million. Gross profit increased 31.0% to $69.7 million. Gross margin slipped 2.0 percentage points to 81.6%.

PagerDuty ended fiscal 2022 with fourth quarter revenue of $78.5 million, up 32.4% from the prior-year quarter. Full-year revenue was $281.4 million, up 31.8%. Gross profit was $64.6 million in the quarter, but the margin on that revenue is thinner than it used to be.

PagerDuty reported $71.8 million in revenue for its fiscal 2022 third quarter, up 33.5% from the prior-year quarter. Year-to-date revenue reached $202.9 million, up 31.5% from the first nine months of fiscal 2021.

PagerDuty reported FY2022 Q2 revenue of $67.5 million, up 33.2% from the prior-year quarter. Year-to-date revenue reached $131.1 million, up 30.5% from the first six months of FY2021. Growth came from new and existing customers, including customers from the Rundeck acquisition.

PagerDuty opened fiscal 2022 with total revenue of $63.6 million for the quarter ended April 30, 2021, up 27.7% from $49.8 million in the prior-year quarter. Management framed the growth rate as 28% in the earnings release.

PagerDuty ended fiscal 2021 with a stronger top line but wider losses. Fourth-quarter revenue rose 29.1% year over year to $59.3 million, while full-year revenue climbed 28.4% to $213.6 million. Gross profit for the quarter was $49.9 million, up 26.1%, and full-year gross profit was $182.9 million, up 29.0%.

PagerDuty posted third quarter fiscal 2021 revenue of $53.8 million, up 25.8% from the prior-year quarter. GAAP gross profit was $46.1 million, up 27.6%, and GAAP gross margin was 85.7%, up 1.2 percentage points.

PagerDuty's fiscal 2021 second quarter, ended July 31, 2020, showed top-line momentum and better operating leverage even as the bottom line slipped. Revenue was $50.7 million, up 25.7% year over year. For the six months ended July 31, 2020, revenue was $100.5 million, up 29.4%.

PagerDuty opened fiscal 2021 with first quarter revenue of $49.8 million, up 33.4% from the prior-year quarter. Gross profit was $42.8 million, up 34.5%. Gross margin was 86.0%, up 0.7 percentage points.