PagerDuty, Inc. has recently released its 10-Q report, providing a detailed insight into the company's financial performance and operations. PagerDuty, Inc. operates a digital operations management platform that collects data and digital signals from various software-enabled systems and devices. Leveraging machine learning, the platform correlates, processes, and predicts opportunities and incidents. The company serves a wide range of industries and has a business model primarily focused on cloud-hosted software subscription fees.
In its 10-Q report, PagerDuty, Inc. highlighted key business metrics to evaluate its performance. The company reported an Annual Recurring Revenue (ARR) of $496.0 million as of April 30, 2025, reflecting a growth from $463.4 million in the same period in 2024. Additionally, the number of customers using PagerDuty's platform stood at 15,247 as of April 30, 2025, with 848 customers having subscription agreements for more than $100.0 thousand in ARR.
The report also provided a detailed breakdown of the company's financial results. For the three months ended April 30, 2025, PagerDuty, Inc. reported revenue of $119.8 million, representing a 7.8% increase from the same period in 2024. The company's gross margin stood at 84.0%, reflecting a slight improvement from 82.6% in the previous year. Moreover, the operating expenses decreased by 2.3% compared to the same period in 2024.
PagerDuty, Inc.'s 10-Q report offers a comprehensive overview of the company's financial condition and operational performance, providing investors and stakeholders with valuable insights into its growth and strategic initiatives. The market has reacted to these announcements by moving the company's shares -11.43% to a price of $14.26. For the full picture, make sure to review PagerDuty's 10-Q report.
