Net Income (Loss) per Share (Tables)

3 Months Ended

Apr. 30, 2026

Summary of Calculation of Basic and Diluted Net Loss Per Share

The following table presents the calculation of basic and diluted net income (loss) attributable to PagerDuty, Inc. common stockholders for the periods indicated (in thousands, except number of shares and per share data):


	Three months ended April 30,
	2026		2025
Numerator:
Net income (loss) attributable to PagerDuty, Inc.	$	5,283	$	(7,162)
Less: Adjustment attributable to redeemable non-controlling interest	(4,963)		(665)
Net income (loss) attributable to PagerDuty, Inc. common stockholders	$	10,246	$	(6,497)
Denominator:
Weighted-average shares used in calculating net income (loss) per share:
Basic	78,647		91,374
Weighted average effect of potentially dilutive securities:
Stock options, RSUs, PSUs, and ESPP obligations	817		—
Diluted	79,464		91,374
Net income (loss) per share attributable to PagerDuty, Inc. common stockholders
Basic	$	0.13	$	(0.07)
Diluted	$	0.13	$	(0.07)

Summary of Anti-dilutive Securities That Were Not Included in Diluted Per Share Calculations

Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows (in thousands):


	Three months ended April 30,
	2026	2025
Shares subject to outstanding common stock awards	8,111	13,835

Shares issuable pursuant to the ESPP	1,943	263
Total	10,054	14,098