Filing Flows › PagerDuty (PD) › Q1 FY27
PagerDuty (PD) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed May 28, 2026
PagerDuty (PD) reported revenue of $121M for the first quarter fiscal 2027 (Q1 FY27), +1% from a year earlier and -3% from the quarter before. Operating margin was 7.6%, net earnings $5.3M (4.4% of revenue).
PagerDuty, Q1 FY27: revenue $121M (+1% year over year), operating margin 7.6%, net earnings $5.3M, operating cash flow $44.3M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $121M | -3% | +1% |
| Gross profit | $102M | -5% | +1% |
| Operating profit | $9.2M | +103% | — |
| Net earnings | $5.3M | -44% | — |
| Operating cash flow | $44.3M | +74% | +44% |
| Free cash flow | $41.2M | — | +42% |
What changed
Revenue was $121.0M in Q1 FY27, up 1% year over year and down 3% from the previous quarter.
Gross margin was 84.3%, up 0.3 points from Q1 FY26. Operating profit was $9.2M, a 7.6% margin (up 16.2 points year over year). Operating expenses fell 16% while revenue rose 1%. Net earnings were $5.3M ($5.1M including minority interests, which bore $153K of losses). The effective tax rate was 53.1%.
Operating cash flow was $44.3M (up 44% year over year), 863% of net income including minority interests. Non-cash charges added back $3.1M of depreciation and amortization and $18.0M of share-based compensation. Working capital and other items added $18.1M. After capitalization of software costs ($2.1M) and purchases of property and equipment ($1.0M), free cash flow as the company reports it was $41.2M.
Questions
What was PagerDuty's revenue in the first quarter fiscal 2027?
PagerDuty (PD) reported revenue of $121M for the first quarter fiscal 2027 (Q1 FY27), +1% from a year earlier and -3% from the quarter before.
Was PagerDuty profitable in the first quarter fiscal 2027?
Operating profit was $9.2M (7.6% of revenue) and net earnings $5.3M.
Source: PagerDuty 10-Q on SEC EDGAR.