Earnings ·
PagerDuty announced a restructuring plan on August 26, 2026, reducing its global headcount by approximately 15% to…
PDPagerDuty, Inc.
PagerDuty announced a restructuring plan on August 26, 2026, reducing its global headcount by approximately 15% to improve operational efficiency and align resources with strategic priorities. The company estimates non-recurring charges of $5.5 million to $7.5 million for severance and related costs, expected to be incurred primarily in the third quarter of fiscal 2027. Concurrently, PagerDuty reported financial results for the quarter ended July 31, 2026, with revenue increasing 0.8% year over year to $124.4 million and Annual Recurring Revenue (ARR) growing to $501 million. The company achieved GAAP net income of $4.7 million, marking its fifth consecutive quarter of profitability, alongside non-GAAP operating income of $29.5 million. PagerDuty operates in the technology sector, providing AI-first digital operations management and incident response platforms.