Net Loss per Share (Tables)

6 Months Ended

Jul. 31, 2024

Summary of Calculation of Basic and Diluted Net Loss Per Share

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


	Three months ended July 31,				Six months ended July 31,
	2024		2023		2024		2023
Numerator:
Net loss attributable to PagerDuty, Inc. common stockholders	$	(10,912)	$	(22,053)	$	(28,051)	$	(34,271)
Less: Adjustment attributable to redeemable non-controlling interest	2,330		1,729		9,247		1,729
Net loss attributable to PagerDuty, Inc. common stockholders	$	(13,242)	$	(23,782)	$	(37,298)	$	(36,000)
Denominator:
Weighted average shares used in calculating net income (loss) per share, basic and diluted	93,289		92,542		93,082		92,041
Net loss per share, basic and diluted, attributable to PagerDuty, Inc. common stockholders	$	(0.14)	$	(0.26)	$	(0.40)	$	(0.39)

Schedule 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):


	As of July 31,
	2024	2023
Shares subject to outstanding common stock awards	14,054	14,841
Restricted stock issued to acquire key personnel	—	44
Shares issuable pursuant to the ESPP	80	85
Total	14,134	14,970