Financial Performance - PagerDuty's Q3 FY26 ARR reached $497 million[10] - The company's revenue for Q3 FY26 was $125 million, representing a 5% year-over-year growth[10, 60] - PagerDuty achieved a Non-GAAP Operating Margin of 29% in Q3 FY26[10, 60] - Free Cash Flow Margin for Q3 FY26 stood at 17%[10] Customer Metrics - PagerDuty has a total of 15,398 paid customers[10, 60] - The number of customers with ARR greater than $100K is 867[10] - Dollar-Based Net Retention (DBNR) was 100%[10, 61] Product and Market - PagerDuty estimates a $50 billion market opportunity[50] - The company highlights that 88% of executives expect a major IT incident within the next year[19] - Forrester's Total Economic Impact study indicates a 249% ROI over three years for PagerDuty's Operations Cloud[53, 56]

Core Points - The article discusses the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It highlights that users with ad-blockers may face restrictions when trying to access content [1] Summary by Categories User Experience - Users are advised to enable Javascript and cookies to ensure smooth access to the website [1] - The presence of ad-blockers can lead to blocked access, suggesting a need for users to disable them for better experience [1]

Revenue and Growth - Third quarter revenue increased 5% year over year to $125 million[1] - Annual Recurring Revenue (ARR) grew 3% year over year to $497 million[1] - Revenue for the three months ended October 31, 2025, was $124.545 million, representing a 4.5% increase from $118.946 million in the same period of 2024[20] - Total paid customers increased to 15,398, up from 15,050 year over year[8] - Customers with ARR over $100 thousand grew 5% to 867 as of October 31, 2025[8] - Remaining performance obligations were $415 million, with an expected revenue recognition of approximately $287 million over the next 12 months[8] - For the fourth quarter of fiscal 2026, total revenue is expected to be between $122 million and $124 million[13] Profitability - Operating income was $8 million, with a non-GAAP operating income of $36 million[1] - Net income per diluted share attributable to common stockholders was $1.69, with a non-GAAP net income per diluted share of $0.33[5] - Net income attributable to PagerDuty, Inc. common stockholders for the three months ended October 31, 2025, was $159.555 million, compared to a net loss of $6.558 million in the same period of 2024[20] - Non-GAAP net income attributable to common stockholders for the three months ended October 31, 2025, was $31.217 million, compared to $23.721 million in the same period of 2024, a growth of 31.5%[49] - Non-GAAP net income per share attributable to PagerDuty, Inc. common stockholders for the three months ended October 31, 2025, was $0.34, compared to $0.26 in the same period of 2024[49] Expenses and Liabilities - Operating expenses for the three months ended October 31, 2025, totaled $98.109 million, a decrease of 10.0% from $108.971 million in the prior year[20] - Research and development expenses for the three months ended October 31, 2025, were $29.418 million, down from $34.267 million in the prior year, a decrease of 14.0%[20] - Total liabilities decreased to $688.446 million as of October 31, 2025, from $779.221 million on January 31, 2025[22] Cash Flow and Assets - Cash and cash equivalents as of October 31, 2025, were $324.260 million, down from $346.460 million at the beginning of the year[22] - Net cash provided by operating activities for the three months ended October 31, 2025, was $24.803 million, compared to $22.073 million in the same period of 2024[24] - Free cash flow for the three months ended October 31, 2025, was $20.929 million, compared to $19.443 million in the same period of 2024, indicating an increase of 7.6%[52] - Free cash flow margin for the three months ended October 31, 2025, was 16.8%, compared to 16.3% in the same period of 2024[52] - Total assets increased to $1.027 billion as of October 31, 2025, compared to $927.266 million on January 31, 2025[22] Margins and Retention - Dollar-based net retention rate was 100% as of October 31, 2025, down from 107% a year earlier[8] - Non-GAAP gross margin for the three months ended October 31, 2025, was 86.7%, up from 86.0% in the same period of 2024[47] - Non-GAAP operating margin for the three months ended October 31, 2025, was 28.5%, up from 21.0% in the same period of 2024[49] - Operating cash flow margin for the three months ended October 31, 2025, was 19.9%, compared to 18.6% in the same period of 2024[52] Future Projections and Tax - Non-GAAP net income per diluted share for the full fiscal year 2026 is projected to be between $1.11 and $1.12[13] - PagerDuty's projected non-GAAP tax rate for fiscal 2026 is 22%, aimed at providing consistency across reporting periods[37] Non-GAAP Measures - PagerDuty emphasizes the importance of reviewing GAAP financial measures alongside non-GAAP measures for a comprehensive understanding of financial performance[44] - Non-GAAP operating income for the three months ended October 31, 2025, was $35.546 million, up from $24.991 million in the same period of 2024, reflecting a growth of 42.3%[49] - Non-GAAP gross profit for the three months ended October 31, 2025, was $107,993,000, compared to $102,339,000 for the same period in 2024, representing a 5.2% increase[47] - Non-GAAP operating expenses for the three months ended October 31, 2025, were $19,348,000 in research and development, down from $22,291,000 in 2024, a decrease of 8.7%[47] - Non-GAAP net income for the nine months ended October 31, 2025, was not explicitly stated but reflects adjustments for various non-operational items[41]

Core Points - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It highlights that users with ad-blockers may face restrictions when trying to access content [1] Summary by Categories Technical Requirements - Users are advised to enable Javascript and cookies in their browsers to ensure proper functionality [1] - The presence of ad-blockers can lead to blocked access, necessitating their temporary disablement [1]

Core Insights - PagerDuty, Inc. will report its financial results for the third quarter of fiscal year 2026 on November 25, 2025, after market close [1] - The company is a leader in digital operations management, providing an AI-powered platform that enhances business resilience and operational efficiency [2][3] Financial Reporting - The financial results will be released after market close on November 25, 2025, for the quarter ending October 31, 2025 [1] - A live Zoom video call for analysts and investors will take place at 2:00 p.m. Pacific Time on the same day [1] Company Overview - PagerDuty is recognized for its Operations Cloud, which automates the incident management lifecycle, enabling real-time issue detection and resolution [3] - The platform is essential for delivering uninterrupted digital experiences, trusted by nearly half of the Fortune 500 and two-thirds of the Fortune 100 [2] Recent Developments - The company has appointed Callum Eade as Vice President of Asia Pacific Sales to drive growth in that region [5] - PagerDuty launched the industry's first end-to-end AI agent suite, which has reportedly reduced incident response times by up to 50% [6] - A recent survey indicated that 81% of executives trust AI agents to act on behalf of their companies during crises, highlighting the increasing reliance on AI in business operations [7]

Core Insights - Investors in PagerDuty, Inc. (PD) should monitor stock movements due to high implied volatility in the options market, particularly for the Jan 16, 2026 $05.00 Call option [1] Company Analysis - PagerDuty currently holds a Zacks Rank 3 (Hold) in the Internet - Software Industry, which is in the top 30% of the Zacks Industry Rank [3] - Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised their estimate downwards, resulting in a decrease in the Zacks Consensus Estimate from 25 cents per share to 24 cents per share [3] Options Market Insights - The high implied volatility suggests that options traders are anticipating a significant price movement for PagerDuty shares, which could indicate an upcoming event that may lead to a substantial rally or sell-off [2][4] - Seasoned options traders often seek out options with high implied volatility to sell premium, aiming to benefit from the decay of the option's value if the underlying stock does not move as much as expected [4]

Core Viewpoint - Precision Drilling Corporation reported its third quarter 2025 results, highlighting a resilient performance despite a challenging North American drilling market, with a focus on shareholder returns and fleet investments to meet customer demand [2][4][10]. Financial Highlights - Revenue for Q3 2025 was $462 million, a 3% decrease from $477 million in Q3 2024, outperforming industry declines of 15% in Canada and 7% in the U.S. [7][18]. - Adjusted EBITDA was $118 million, down 17.4% from $142 million in Q3 2024, impacted by higher operating costs and share-based compensation [7][18]. - Net earnings attributable to shareholders were a loss of $7 million, compared to a profit of $39 million in Q3 2024, primarily due to increased deferred income tax expenses [7][18]. - Cash provided by operations was $76 million, enabling the company to repay $10 million of debt and repurchase $9 million of common shares [7][18]. - Capital expenditures for Q3 2025 were $69 million, with a revised 2025 capital budget increased to $260 million from $240 million [7][18]. Operational Highlights - The company operated 68 drilling rigs in Canada, with strong demand for Super Triple and Super Single rig classes, expecting near full utilization during the winter season [6][10]. - U.S. activity increased by over 10% year-over-year, with 39 active rigs compared to 30 in Q1 2025, driven by strength in natural gas basins [8][26]. - International operations averaged seven active rigs, generating stable free cash flow [9][27]. Market Positioning - Precision's favorable positioning in U.S. natural gas and Canadian heavy oil markets, combined with technical expertise, has allowed the company to capture opportunities for capital deployment [4][10]. - The company plans to allocate 35% to 45% of free cash flow to share repurchases, having already repurchased $54 million in shares year-to-date [11][23]. Strategic Outlook - The company anticipates strong demand for its North American Super Series rigs, with expectations for winter drilling activity to meet or exceed last year's levels [25][29]. - In the U.S., the natural gas rig count has increased approximately 20% year-to-date, reflecting positive customer sentiment towards LNG off-take and AI demand [26][29]. - Internationally, the company maintains long-term contracts for its rigs, with expectations for stable operations through 2027 and 2028 [27][29].

Core Insights - PagerDuty, Inc. has appointed Callum Eade as vice president of Asia Pacific Sales to drive growth in the region [1] - The company aims to deliver its Operations Cloud and modern incident management solutions to address digital operations challenges faced by customers in Asia-Pacific [1] Company Developments - The appointment of Callum Eade is seen as a strategic move to enhance PagerDuty's presence and operational capabilities in the Asia-Pacific market [1] - The focus will be on leveraging PagerDuty's technology to solve significant challenges in digital operations for regional customers [1]

Core Insights - The current stock market is described as incredibly tricky, with the S&P 500 appearing shaky and vulnerable to negative news [1] - A limited number of large-cap tech stocks continue to dominate the market landscape [1] Industry Analysis - The article highlights the experience of Gary Alexander, who has a background in covering technology companies on Wall Street and working in Silicon Valley, indicating a deep understanding of industry trends [1] - Alexander has been a contributor to Seeking Alpha since 2017, suggesting a long-term engagement with market analysis and investment insights [1] - His articles are widely disseminated, being quoted in various web publications and syndicated to popular trading apps like Robinhood, which indicates a significant reach and influence in the investment community [1]

Market Overview - The current stock market is described as incredibly tricky for investment, with the S&P 500 appearing shaky and susceptible to negative news [1] - A limited number of large-cap tech stocks continue to dominate the market landscape [1] Analyst Background - Gary Alexander has extensive experience covering technology companies on Wall Street and working in Silicon Valley, providing insights into industry trends [1] - He has been a contributor to Seeking Alpha since 2017 and has been quoted in various web publications, with his articles reaching popular trading apps like Robinhood [1]