Filing Flows › PagerDuty (PD) › Q2 FY27
PagerDuty (PD) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Aug 27, 2026
PagerDuty (PD) reported revenue of $124M for the second quarter fiscal 2027 (Q2 FY27), +0.8% from a year earlier and +3% from the quarter before. Operating margin was 8.2%, net earnings $7.8M (6.3% of revenue).
PagerDuty, Q2 FY27: revenue $124M (+0.8% year over year), operating margin 8.2%, net earnings $7.8M, operating cash flow $36.9M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $124M | +3% | +0.8% |
| Gross profit | $104M | +2% | 0% |
| Operating profit | $10.2M | +11% | +187% |
| Net earnings | $7.8M | +47% | -19% |
| Operating cash flow | $36.9M | -17% | +9% |
| Free cash flow | $32.8M | — | — |
What changed
Revenue was $124.4M in Q2 FY27, up 1% year over year and up 3% from the previous quarter.
Gross margin was 83.9%, down 0.7 points from Q2 FY26. Operating profit was $10.2M, a 8.2% margin (up 5.3 points year over year). Of the extra revenue versus Q2 FY26, 651% reached operating profit, above the 3% margin then. Operating expenses fell 7% while revenue rose 1%. Net earnings were $7.8M, down 19% year over year. The effective tax rate was 36.1%.
Operating cash flow was $36.9M (up 9% year over year), 479% of net earnings. Non-cash charges added back $2.9M of depreciation and amortization and $16.5M of share-based compensation. Working capital and other items added $9.9M. After purchases of property and equipment ($2.2M) and capitalization of software costs ($1.9M), free cash flow as the company reports it was $32.8M.
Questions
What was PagerDuty's revenue in the second quarter fiscal 2027?
PagerDuty (PD) reported revenue of $124M for the second quarter fiscal 2027 (Q2 FY27), +0.8% from a year earlier and +3% from the quarter before.
Was PagerDuty profitable in the second quarter fiscal 2027?
Operating profit was $10.2M (8.2% of revenue) and net earnings $7.8M.
Source: PagerDuty 10-Q on SEC EDGAR.