Investor Presentaiton
Reconciliation
PagerDuty, Inc.
Reconciliation of GAAP to Non-GAAP Data
(in thousands, except percentages and per share data) (unaudited)
Year Ended January 31
Three Months Ended July 31
2022
2021
2022
2021
2020
Reconciliation of gross profit and gross margin
GAAP gross profit
$71,886
$55,560
Plus: Share-based compensation
1,787
1,023
$233,035
3,751
$182,870 $141,772
1,702
1,018
Plus: Employer taxes related to employee stock
transactions
34
30
131
54
35
Plus: Amortization of acquired intangible assets
Non-GAAP gross profit
2,156
280
1,120
373
$75,863
$56,893
$238,037
GAAP gross margin
80%
82%
83%
$184,999
86%
$142,825
85%
Non-GAAP adjustments
4%
2%
2%
1%
1%
Non-GAAP gross margin
84%
84%
85%
87%
86%
Reconciliation of operating expenses
GAAP research and development
$34,014
$22,909
Less: Share-based compensation
(10,567)
(5,607)
$95,690 $64,566 $49,011
(23,764) (11,095) (5,566)
Less: Employer taxes related to employee
stock transactions
(176)
(208)
(929)
(411)
(43)
Less: Acquisition-related expenses
(891)
(457)
(1,789)
(614)
Less: Amortization of acquired intangible assets
(116)
Non-GAAP research and development
$22,264
$16,637
$69,208
$52,446 $43,402
Note: Certain figures may not sum due to rounding.View entire presentation