NYSE$PD

PagerDuty Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

PagerDuty's Q1 2025 financial results showcased revenue growth and continued non-GAAP profitability.

PagerDuty announced a solid first quarter with revenue increasing 8% year over year to $111.2 million. The company's annual recurring revenue growth stabilized at 10%, and it achieved its seventh consecutive quarter of non-GAAP profitability. A share repurchase program for up to $100 million of common stock was also announced.

  • Revenue increased by 7.7% year over year, reaching $111.2 million.
  • GAAP operating loss was $21.7 million, while non-GAAP operating income was $15.3 million.
  • Customers with annual recurring revenue over $100,000 grew by 6% to 811.
  • The company reported a dollar-based net retention rate of 106%.

Headline financials

Total Revenue

$111M

Previous: $103M+7.7%
EPS (adj)

$0.17

Previous: $0.20-15.0%
Capital Expenditures

-$457K

Previous: -$235K-94.5%
Free Cash Flow

-$17.6M

Previous: -$12.5M-41.3%
Net Income

-$17.1M

Previous: -$12.2M-40.3%
Operating Income

-$21.7M

Previous: -$15.8M-37.6%
Gross Profit

$91.8M

Previous: $85.3M+7.6%
Cash & Equivalents

$383M

Previous: $301M+27.3%
Total Assets

$924M

Previous: $802M+15.2%
R&D Expense

$37.2M

No prior period
Stock-Based Comp

$32.9M

Previous: $27.5M+19.6%

Revenue & EPS history

PagerDuty · Revenue · Quarterly

$111M

Q1 2025+7.7%vs Q1 2024
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

For the second quarter of fiscal 2025, PagerDuty expects revenue of $115.5 million - $117.5 million, representing a growth rate of 7% - 9% year over year, and non-GAAP net income per diluted share of $0.16 - $0.17. For the full fiscal year 2025, PagerDuty expects revenue of $471.0 million - $477.0 million, representing a growth rate of 9% - 11% year over year, and non-GAAP net income per diluted share of $0.66 - $0.71.

Tailwinds

  • Total revenue is expected to grow 7% - 9% year over year in Q2 2025.
  • Non-GAAP net income per diluted share is projected to be $0.16 - $0.17 in Q2 2025.
  • Full fiscal year 2025 revenue is anticipated to grow 9% - 11% year over year.
  • Non-GAAP net income per diluted share for the full fiscal year 2025 is expected to be $0.66 - $0.71.
  • The company assumes approximately 97 million diluted shares and a non-GAAP tax rate of 23% for both Q2 and full fiscal year 2025.

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 2025

Historical avgQ1 2025

+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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