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.

Elena Gomez resigned from the Board of Directors and the Audit Committee effective July 11, 2026, citing no disagreements with the company. Alex Shootman was appointed to the Board and both the Audit and Compensation Committees effective July 14, 2026, to fill the vacancy. PagerDuty, Inc. provides incident response and digital operations management software for businesses.

PagerDuty, Inc. announced the appointment of Eric Prengel as Chief Financial Officer, effective June 22, 2026. Eric Prengel, formerly of Elastic N.V., will receive an annual base salary of $460,000 with a 75% target annual bonus opportunity. His compensation package includes 600,000 time-based restricted stock units and 0,000,000 shares of performance-based restricted stock units at target. PagerDuty, Inc. provides digital operations management platform services for enterprise customers.