secwatch.observer — SEC 8-K summary
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Issuer:     PagerDuty, Inc. (PD)
CIK:        0001568100
Form:       8-K
Filed at:   2026-08-27T20:06:28+00:00
Accession:  0001568100-26-000044
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 2.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PagerDuty Q2 FY2027 revenue $124.4M (+0.8% YoY), ARR tops $500M; cuts headcount ~15%
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- Revenue $124.4M, up 0.8% YoY; ARR reached $501M, crossing $500M; revenue beat high end of guidance.
- GAAP net income $4.7M ($0.06 diluted EPS); non-GAAP EPS $0.32; fifth consecutive GAAP-profitable quarter.
- Non-GAAP operating income $29.5M (23.7% margin); operating cash flow $36.9M; free cash flow $32.8M.
- Announced ~15% headcount reduction; expects $5.5M-$7.5M in restructuring charges, mostly in Q3 FY2027.
- Cash, equivalents, and investments $470.0M as of July 31, 2026; CEO cites AI-first operations momentum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568100/000156810026000044/0001568100-26-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568100/000156810026000044/pd-20260826.htm
  HTML page:      https://secwatch.observer/filing/0001568100-26-000044

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer