NYSE$PD

PagerDuty Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

PagerDuty's Q1 2022 financial results were announced, demonstrating growth and platform expansion.

PagerDuty announced its Q1 Fiscal 2022 financial results, with revenue increasing by 28% year-over-year to $63.6 million. The company's customer base has grown to over 16,800, with significant expansions in customer service and SecOps.

  • Revenue increased 27.7% year-over-year to $63.6 million.
  • GAAP gross margin was 83.6%, while non-GAAP gross margin was 85.2%.
  • Over 16,800 companies are now using PagerDuty.
  • Net cash provided by operations was $1.6 million, or 2.5% of revenue.

Headline financials

Total Revenue

$63.6M

Previous: $49.8M+27.7%
EPS (adj)

-$0.08

Previous: -$0.04-100.0%
Capital Expenditures

-$927K

Previous: -$2.71M+65.8%
Free Cash Flow

-$23.5M

Previous: -$14.2M-65.7%
Net Income

-$22.6M

Previous: -$11.5M-96.9%
Operating Income

-$21.2M

Previous: -$12.6M-68.6%
Gross Profit

$53.2M

Previous: $42.8M+24.2%
Cash & Equivalents

$326M

Previous: $139M+133.8%
Total Assets

$775M

Previous: $466M+66.3%
Stock-Based Comp

$13.6M

No prior period

Revenue & EPS history

PagerDuty · Revenue · Quarterly

$63.6M

Q1 2022+27.7%vs Q1 2021
Beat estimate in 5 of 12 quarters(42%)
ActualEstimate

Forward guidance

For the second quarter of fiscal 2022, PagerDuty expects total revenue of $64.5 million - $66.5 million, representing a growth rate of 27% - 31% year over year and Non-GAAP net loss per share of $0.16 - $0.15 assuming approximately 84 million shares.

Tailwinds

  • Total revenue of $64.5 million - $66.5 million, representing a growth rate of 27% - 31% year over year
  • Non-GAAP net loss per share of $0.16 - $0.15
  • Assuming approximately 84 million shares

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.1%

Avg return

Earnings day

+0.6%

Avg return

5 days after

-0.1%

Avg return

30 days after

45%

13 / 29 earnings

Positive

+34.1%

Q1 2027

Best reaction

-29.1%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027+34.1%+25.3%
Q4 2026-3.0%-4.1%-21.2%
Q3 2026-23.5%-22.1%-13.3%
Q2 2026+6.2%+6.7%+2.8%
Q1 2026-11.3%-5.6%-5.4%
Q4 2025+17.7%+20.7%-0.9%
Q3 2025+1.7%+2.9%-11.3%
Q2 2025-8.6%-10.1%-10.9%
Q1 2025-2.4%-0.4%+18.0%
Q4 2024-9.1%-5.3%-5.4%
Q3 2024-1.2%-1.3%+5.2%
Q2 2024-7.3%-6.6%-12.3%
Q1 2024-15.5%-15.8%-17.4%
Q4 2023+14.7%+12.3%+19.4%
Q3 2023+6.4%+0.3%+19.4%
Q2 2023-9.7%-11.4%-11.4%
Q1 2023+2.4%+9.8%+0.1%
Q4 2022+30.9%+41.4%+31.6%
Q3 2022+17.9%+9.1%+0.1%
Q2 2022+8.2%+7.5%-3.4%
Q1 2022-15.9%-7.4%+0.4%
Q4 2021-8.3%+3.0%+3.2%
Q3 2021+19.1%+19.7%+21.6%
Q2 2021-29.1%-31.4%-24.6%
Q1 2021-7.2%-5.6%+6.0%
Q4 2020+23.4%+19.1%+40.0%
Q3 2020-15.0%-12.1%-5.0%
Q2 2020-14.6%-27.8%-27.2%
Q1 2020+2.8%+5.6%+0.2%
Q4 2019
Q3 2018
Q2 2018
Q1 2018
Q4 2017

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