Workflow automation firm PagerDuty's Q2 adj EPS rises

PagerDuty

27/08/2026 21:21

Overview
US AI operations platform's Q2 revenue rose 1% yr/yr to $124 mln
Adjusted EPS for Q2 rose to $0.32
Company posted fifth straight quarter of GAAP profitability and $33 mln free cash flow

Outlook
PagerDuty sees Q3 revenue of $123 mln to $125 mln
Company expects Q3 non-GAAP net income per diluted share of $0.34 to $0.36
PagerDuty sees full-year revenue at $491.5 mln to $496.5 mln

Result Drivers
ARR MILESTONE - Co said crossing $500 mln in annual recurring revenue signaled progress in its strategy
PRODUCT UPGRADES - Co cited major upgrades to autonomous SRE agent and incident management lifecycle integration as recent highlights
OPERATING MARGIN IMPROVEMENT - Co said non-GAAP operating income and margin came in ahead of expectations

Company press release: ID:nBw5xGDGKa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$124 mln
 
Q2 Adjusted EPS
 
$0.32
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 4 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for PagerDuty, Inc. is $9.00, about 26.2% below its August 26 closing price of $12.19
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 5 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)