PagerDuty Inc. (NYSE:PD) posted its first-quarter results after Thursday’s closing bell, beating estimates across the board. Here’s a look at the details inside the report.
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PagerDuty Q1 Details
PagerDuty reported quarterly earnings of 32 cents per share, which blew past the analyst consensus estimate of 25 cents by 28%, according to Benzinga Pro data.
Quarterly revenue of $120.97 million beat the Street estimate of $119.6 million.
PagerDuty reported the following recent highlights:
- ARR as of April 30, 2026, remained flat year over year at $496 million.
- Customers with ARR over $100,000 grew 1% to 860 as of April 30, 2026, compared to 848 as of April 30, 2025.
- Dollar-based net retention rate was 97% as of April 30, 2026, compared to 104% as of April 30, 2025.
- Total paid customers were 15,380 as of April 30, 2026, compared to 15,247 as of April 30, 2025.
- Paid and free customers totaled more than 36,000 as of April 30, 2026, representing approximately 14% growth since April 30, 2025.
- Remaining performance obligations were $441 million as of April 30, 2026. Of this amount, the Company expects to recognize revenue of approximately $316 million, or 72%, over the next 12 months, $100 million, or 23%, over months 13 to 24, and the remainder thereafter.
“Our Q1 results exceeded guidance for both revenue and non-GAAP operating margin, reflecting continued execution against our strategic and operational priorities,” said Jennifer Tejada, executive chair, PagerDuty.
“Our expanding AI offers and the introduction of the new Operations Cloud usage-based package, further strengthens our platform and positions PagerDuty to accelerate long-term growth,” Tejada added.
PD Stock Price Activity: According to data from Benzinga Pro, Pager Duty stock climbed 12.90% to $8.40 in Thursday’s extended trading.
Photo: Shutterstock
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