)

PagerDuty (PD) investor relations material
PagerDuty Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved first-ever GAAP profitability in Q2 with net income of $9.8M and operating income of $3.6M, alongside a non-GAAP operating margin of 25.4% and revenue of $123.4M, up 6.4% year-over-year.
Annual recurring revenue (ARR) reached $499M, up 5% year-over-year, with a dollar-based net retention rate of 102%.
Total paid customers increased to 15,322, with 868 customers generating over $100K in ARR, and free and paid companies exceeding 33,000, up 13% year-over-year.
Platform usage increased over 25% year-over-year, driven by adoption of AI-powered and automation features.
Appointed Todd McNabb as Chief Revenue Officer to accelerate enterprise transformation and global go-to-market strategy.
Financial highlights
Q2 revenue: $123.4M (+6.4% YoY); international revenue up 12% YoY, now 29% of total.
Gross margin: 84.6% (GAAP), 86.1% (non-GAAP), at the high end of the 84–86% target range.
Non-GAAP operating income: $31.4M (25.4% margin); GAAP operating margin: 2.9%.
Cash from operations: $34M (28% of revenue); free cash flow: $30.2M (24.5%).
Ended Q2 with $567.9M in cash, cash equivalents, and investments.
Outlook and guidance
Q3 revenue guidance: $124M–$126M (4–6% growth); net income per diluted share: $0.24–$0.25; operating margin: 21%.
FY26 revenue guidance: $493M–$497M (5–6% growth); non-GAAP net income per diluted share: $1.00–$1.04; operating margin: 21–22%.
Expects to maintain GAAP profitability for the full year FY27.
Management expects existing cash and cash equivalents, investments, and net cash from operations to be sufficient for at least the next 12 months.
Targeting long-term non-GAAP operating margin of 30%.
Next PagerDuty earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage