Filing Flows › PagerDuty (PD) › Q4 FY26
PagerDuty (PD) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Mar 12, 2026
PagerDuty (PD) reported revenue of $125M for the fourth quarter fiscal 2026 (Q4 FY26), +3% from a year earlier and +0.2% from the quarter before. Operating margin was 3.6%, net earnings $9.4M (7.5% of revenue).
PagerDuty, Q4 FY26: revenue $125M (+3% year over year), operating margin 3.6%, net earnings $9.4M, operating cash flow $25.4M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $125M | +0.2% | +3% |
| Gross profit | $107M | +0.9% | +6% |
| Operating profit | $4.5M | -44% | — |
| Net earnings | $9.4M | -94% | — |
| Operating cash flow | $25.4M | +2% | -19% |
| Free cash flow | $22.6M | — | -21% |
What changed
Revenue was $124.8M in Q4 FY26, up 3% year over year and roughly flat from the previous quarter.
Gross margin was 85.9%, up 2.3 points from Q4 FY25. Operating profit was $4.5M, a 3.6% margin (up 13.3 points year over year). Operating expenses fell 9% while revenue rose 3%. Net earnings were $9.4M. The effective tax rate was -24.4%. Non-operating items added $2.9M, 39% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $25.4M (down 19% year over year), 274% of net earnings. Non-cash charges added back $3.0M of depreciation and amortization and $23.5M of share-based compensation. Working capital and other items used $10.4M. After capitalization of software costs ($2.0M) and purchases of property and equipment ($883K), free cash flow as the company reports it was $22.6M.
Questions
What was PagerDuty's revenue in the fourth quarter fiscal 2026?
PagerDuty (PD) reported revenue of $125M for the fourth quarter fiscal 2026 (Q4 FY26), +3% from a year earlier and +0.2% from the quarter before.
Was PagerDuty profitable in the fourth quarter fiscal 2026?
Operating profit was $4.5M (3.6% of revenue) and net earnings $9.4M.
Source: PagerDuty 10-K on SEC EDGAR.