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NYSE: PD PagerDuty, Inc. 8-K

PagerDuty reports Q1 FY2027 earnings, authorizes new $100M share buyback program

Filed May 28, 2026 · Period ending May 27, 2026 · ~1 min read

4 key changes 2 high relevance 3 sections

Key Changes

  • high

    Board approved new $100 million share repurchase program running through May 2028, replacing two prior programs totaling $300M that were completed in November 2024 and March 2026.

  • high

    Company reported financial results for fiscal Q1 2027 (quarter ended April 30, 2026). Specific metrics are in the attached press release.

  • medium

    Buyback program will be funded from existing cash and allows flexible repurchase methods including open market purchases, private transactions, and Rule 10b5-1 plans.

  • medium

    Company has no obligation to repurchase any specific amount and can suspend, modify, or terminate the program at any time without notice.

Summary

PagerDuty announced fiscal first quarter 2027 earnings for the period ended April 30, 2026, while simultaneously unveiling a new $100 million share repurchase program. The buyback authorization is notable because it follows the completion of two prior programs totaling $300 million—a $100 million program finished in November 2024 and a $200 million program completed in March 2026. The pace of these completions suggests the company has been actively returning capital to shareholders.

The new two-year program runs through May 2028 and will be funded from existing cash balances, indicating management's confidence in the balance sheet. The company retains full flexibility to execute repurchases through various methods or suspend the program entirely. For retail investors, the key follow-on is to review the actual Q1 earnings metrics in the press release to assess whether the business performance justifies continued capital returns, or whether the buyback signals limited growth investment opportunities.

Section-by-Section Diff

Event · Item 2.02 — Results of Operations and Financial Condition

~100 words

Item 2.02 — Results of Operations and Financial Condition filed; see Key Changes for terms.

1 Added
Added Q1 FY2027 earnings high

Added in current filing · verify on EDGAR →

On May 28, 2026, PagerDuty, Inc. (the "Company") reported financial results for the quarter ended April 30, 2026.

PagerDuty disclosed financial results for its fiscal first quarter ending April 30, 2026. The actual financial metrics are contained in the press release (Exhibit 99.1), which is not included in this 8-K body. This is a routine quarterly earnings announcement.

Event · Item 8.01 — Other Events

~200 words

Item 8.01 — Other Events filed; see Key Changes for terms.

3 Added
Added Share repurchase program authorization high

Added in current filing · verify on EDGAR →

On May 27, 2026, the Company’s Board of Directors authorized a share repurchase program for up to $100 million of common stock (the “2026 Share Repurchase Program”), subject to certain limitations and conditions.

The Board authorized a new $100 million share repurchase program. This replaces two prior programs: a $100 million program completed in November 2024, and a $200 million program (originally $150 million, increased by $50 million in August 2025) completed in March 2026. The new program runs through May 26, 2028 and will be funded from existing cash.

Added Repurchase program terms medium

Added in current filing · verify on EDGAR →

Share repurchases under the 2026 Share Repurchase Program may be made from time to time through open market purchases, privately negotiated transactions or other legally permissible means, including pursuant to Rule 10b5-1 trading plans. The 2026 Share Repurchase Program does not obligate the Company to acquire a specified number of shares, and may be suspended, modified, or terminated at any time, without prior notice.

The program allows flexible repurchase methods including open market purchases, private transactions, and Rule 10b5-1 plans. The company is not obligated to buy any specific amount and can suspend or terminate the program at any time without notice.

Added Program duration and funding medium

Added in current filing · verify on EDGAR →

Repurchases under the 2026 Share Repurchase Program are expected to be funded from existing cash balances. The 2026 Share Repurchase Program is expected to continue through May 26, 2028, unless extended or shortened by the Board of Directors.

The program will be funded from existing cash and is scheduled to run for two years through May 26, 2028, though the Board can extend or shorten this timeframe.

Event · Item 9.01 — Financial Statements and Exhibits

~100 words

PagerDuty filed an 8-K attaching a press release dated May 28, 2026; no material event details disclosed in the filing body.

1 Added
Added Press release attachment medium

Added in current filing · view on EDGAR →

99.1 Press Release Issued by PagerDuty, Inc. dated May 28, 2026

PagerDuty attached a press release dated May 28, 2026 as Exhibit 99.1. The 8-K body does not disclose the content or subject matter of the press release, so the nature and materiality of any announcement cannot be determined from this filing alone.

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Figures/quotes linked to EDGAR · Narrative written by AI · May 29, 2026 · How we verify