NYSE$PD

PagerDuty Inc · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

PagerDuty reported Q2 2026, revenue of $123.4M, net income of $9.4M, diluted EPS of $0.10.

For Q2 2026, PagerDuty reported revenue of $123.4M, net income of $9.4M, diluted EPS was $0.10. Management discusses operating trends, capital, and sector risks in the quarterly filing.

  • Revenue $123.4M.
  • Net income $9.4M.
  • Diluted EPS $0.10.
  • PagerDuty MD&A highlights liquidity, capital, and core trends.
  • Segment and macro factors shape year-over-year comparisons.

Headline financials

Total Revenue

$123M

Previous: $116M+6.4%
EPS (adj)

$0.10

Previous: -$0.14+171.4%
Annual Recurring Revenue

$499M

No prior period
Customers w/ ARR > $100K

868

Previous: 820+5.9%
Net Retention Rate

102.0%

Previous: 106.0%-3.8%
Paid Customers

15.3K

Previous: 15.0K+1.8%
All Customers

33.0K

No prior period
Remaining Performance Oblig.

$425M

No prior period
Capital Expenditures

-$1.32M

Previous: -$1.09M-20.2%
Free Cash Flow

$8.26M

Previous: -$12M+168.8%
Net Income

$9.58M

Previous: -$10.9M+187.7%
Operating Income

$3.57M

Previous: -$16M+122.2%
Gross Profit

$104M

Previous: $95.9M+8.9%
Cash & Equivalents

$340M

Previous: $386M-11.9%
Total Assets

$892M

Previous: $916M-2.7%

Revenue & EPS history

PagerDuty · Revenue · Quarterly

$123M

Q2 2026+6.4%vs Q2 2025
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

Software and security vendors emphasize ARR growth, cloud consumption, and operating margin expansion.

Tailwinds

  • AI product attach and platform consolidation wins.
  • Billings and deferred revenue growth.
  • Non-GAAP margin improvement and free cash flow.

Headwinds

  • Enterprise budget scrutiny elongates deal cycles.
  • Competitive pricing in security and collaboration.
  • Stock-based compensation and integration costs.

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 Q2 2026

Historical avgQ2 2026

+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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