PagerDuty Inc. reported its financial results for the first quarter of fiscal 2026, with revenue reaching $119.8 million, marking a 7.8% increase year over year. The company recorded a loss from operations of $10.3 million, resulting in an operating margin of negative 8.6%. On a non-GAAP basis, PagerDuty achieved an operating income of $24.4 million and a non-GAAP operating margin of 20.3%. The net loss per share attributable to common stockholders was $0.07, while the non-GAAP net income per diluted share was $0.24. The company also highlighted that its annual recurring revenue $(ARR)$ as of April 30, 2025, grew by 7% year over year to $496 million. For the full fiscal year, PagerDuty expects total revenue between $493.0 million and $499.0 million, representing a growth rate of 5% to 7% year over year. The non-GAAP net income per diluted share is anticipated to be between $0.95 and $1.00, assuming approximately 93 million diluted shares and a non-GAAP tax rate of 22%. PagerDuty emphasized its strategic focus on scaling enterprise sales and services and advancing its Operations Cloud with AI agents. The company remains confident in its ability to expand its total addressable market and capitalize on the significant enterprise opportunities ahead.