PagerDuty Q2 FY27: Net income falls 18.7% to $7.8M on tax swing despite 187% operating income gain

Filed August 27, 2026 · Period ending July 31, 2026 · Compared to 10-Q Sep 4, 2025 · ~1 min read

Key Changes

• high

  Net income to common stockholders fell 51.7% to $4.7M despite operating income rising 187% to $10.2M, driven by a $6.2M tax provision swing and $2.2M in non-operating costs. Revenue grew just 0.8% to $124.4M.

  MD&A: Operating Results & Income Taxes verify on EDGAR →
• high

  Announced 15% workforce reduction in August 2026 as part of global scaling initiative; expects $5.5M-$7.5M in restructuring charges (severance, benefits) primarily in Q3 FY27.

  Subsequent Events verify on EDGAR →
• high

  Introduced usage-based pricing models during FY27, shifting from seat-based licensing to multiyear platform usage agreements that align customer spend to business outcomes rather than headcount.

  MD&A: Business Overview verify on EDGAR →