PagerDuty Inc. reported its financial results for the first quarter of fiscal 2026, ending April 30, 2025, with a revenue increase of 7.8% year over year, reaching $119.8 million. The company experienced a loss from operations amounting to $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, translating to 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. PagerDuty's net cash provided by operating activities was $30.7 million, with a free cash flow of $29.0 million. As of April 30, 2025, the company held cash, cash equivalents, and investments totaling $597.1 million. For the fiscal year 2026, PagerDuty provided an updated outlook, projecting total revenue between $493.0 million and $499.0 million, compared to the previous guidance of $500.0 million to $507.0 million. This represents a growth rate of 5% to 7% year over year. The company also increased its non-GAAP net income per diluted share guidance to $0.95 to $1.00, up from the prior range of $0.90 to $0.95, assuming approximately 93 million diluted shares and a non-GAAP tax rate of 22%. The company emphasized its focus on driving value by scaling enterprise sales and services and advancing its Operations Cloud with powerful AI agents, aiming to expand its total addressable market and capture enterprise opportunities.