This page shows Pagerduty (PD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
For every $1 of reported earnings, Pagerduty generates $0.66 in operating cash flow ($114.9M OCF vs $173.4M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Pagerduty earns $0.7 in operating income for every $1 of interest expense ($5.8M vs $8.9M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Pagerduty generated $492.5M in revenue in fiscal year 2026. This represents an increase of 5.4% from the prior year.
Pagerduty's EBITDA was $19.0M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 148.4% from the prior year.
Pagerduty reported $173.4M in net income in fiscal year 2026. This represents an increase of 505.7% from the prior year.
Pagerduty earned $1.87 per diluted share (EPS) in fiscal year 2026. This represents an increase of 416.9% from the prior year.
Cash & Balance Sheet
Pagerduty generated $111.9M in free cash flow in fiscal year 2026, representing cash available after capex. This represents a decrease of 2.8% from the prior year.
Pagerduty had 85M shares outstanding in fiscal year 2026. This represents a decrease of 6.7% from the prior year.
Margins & Returns
Pagerduty's gross margin was 85.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 2.0 percentage points from the prior year.
Pagerduty's operating margin was 1.2% in fiscal year 2026, reflecting core business profitability. This is up 14.0 percentage points from the prior year.
Pagerduty's net profit margin was 35.2% in fiscal year 2026, showing the share of revenue converted to profit. This is up 44.3 percentage points from the prior year.
Capital Allocation
Pagerduty invested $126.9M in research and development in fiscal year 2026. This represents a decrease of 10.3% from the prior year.
Pagerduty spent $134.9M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 34.8% from the prior year.
Pagerduty invested $2.9M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 5.4% from the prior year.
PD Income Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $124.8M+0.2% | $124.5M+0.9% | $123.4M+3.0% | $119.8M-1.4% | $121.4M+2.1% | $118.9M+2.6% | $115.9M+4.3% | $111.2M |
| Cost of Revenue | $17.6M-4.1% | $18.4M-3.4% | $19.0M-1.0% | $19.2M-4.0% | $20.0M-1.5% | $20.3M+0.9% | $20.1M+3.8% | $19.3M |
| Gross Profit | $107.2M+0.9% | $106.2M+1.7% | $104.4M+3.8% | $100.6M-0.8% | $101.5M+2.8% | $98.7M+2.9% | $95.9M+4.4% | $91.8M |
| R&D Expenses | $32.6M+10.7% | $29.4M-4.8% | $30.9M-9.3% | $34.0M-1.6% | $34.6M+1.0% | $34.3M-2.3% | $35.1M-6.5% | $37.5M |
| SG&A Expenses | $24.9M+2.1% | $24.4M-4.4% | $25.5M-5.1% | $26.9M+5.3% | $25.5M+0.3% | $25.4M-1.5% | $25.8M-6.2% | $27.5M |
| Operating Income | $4.5M-44.0% | $8.1M+126.6% | $3.6M+134.5% | -$10.3M+11.9% | -$11.7M-13.9% | -$10.3M+35.8% | -$16.0M+26.3% | -$21.7M |
| Interest Expense | $2.1M+0.3% | $2.1M-8.1% | $2.3M-3.3% | $2.4M-0.3% | $2.4M-0.3% | $2.4M+0.6% | $2.4M+10.0% | $2.1M |
| Income Tax | -$1.8M+98.8% | -$149.7M-7925.4% | -$1.9M-329.4% | $813K+81.5% | $448K-37.3% | $715K+67.4% | $427K+121.2% | $193K |
| Net Income | $9.4M-94.2% | $161.6M+1587.6% | $9.6M+233.7% | -$7.2M+18.2% | -$8.8M-47.9% | -$5.9M+45.7% | -$10.9M+36.3% | -$17.1M |
| EPS (Diluted) | N/A | $1.69+1590.0% | $0.10+242.9% | $-0.07 | N/A | $-0.07+50.0% | $-0.14+46.2% | $-0.26 |
PD Balance Sheet
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $990.5M-3.6% | $1.0B+15.3% | $891.5M-3.8% | $926.8M-0.1% | $927.3M+7.0% | $866.8M-5.4% | $916.0M-0.9% | $924.0M |
| Current Assets | $612.2M-7.1% | $658.9M-1.9% | $671.7M-5.8% | $713.3M+0.2% | $711.7M+8.8% | $654.1M-6.6% | $700.5M-0.9% | $707.0M |
| Cash & Equivalents | $237.4M-26.8% | $324.3M-4.5% | $339.7M-8.6% | $371.8M+7.3% | $346.5M+6.1% | $326.4M-15.4% | $385.7M+0.8% | $382.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $108.4M+37.5% | $78.9M+12.0% | $70.4M-11.6% | $79.7M-25.8% | $107.3M+42.8% | $75.2M+12.5% | $66.8M-13.8% | $77.5M |
| Goodwill | $137.4M0.0% | $137.4M0.0% | $137.4M0.0% | $137.4M0.0% | $137.4M0.0% | $137.4M0.0% | $137.4M0.0% | $137.4M |
| Total Liabilities | $719.9M+4.6% | $688.4M-0.8% | $693.9M-9.2% | $763.8M-2.0% | $779.2M+5.5% | $738.7M+0.5% | $735.3M-0.1% | $736.0M |
| Current Liabilities | $303.9M+9.3% | $278.1M-1.1% | $281.1M-20.5% | $353.7M-4.2% | $369.2M+11.1% | $332.3M+1.0% | $328.9M+20.4% | $273.1M |
| Long-Term Debt | $420.6M | N/A | N/A | N/A | $484.5M | N/A | N/A | N/A |
| Total Equity | $253.6M-20.9% | $320.5M+77.4% | $180.7M+24.1% | $145.7M+12.2% | $129.8M+16.3% | $111.6M-32.2% | $164.7M-5.4% | $174.0M |
| Retained Earnings | -$421.8M+2.2% | -$431.2M+27.3% | -$592.8M+1.6% | -$602.3M-1.2% | -$595.2M-1.5% | -$586.4M-1.0% | -$580.5M-1.9% | -$569.6M |
PD Cash Flow Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $25.4M+2.4% | $24.8M-27.0% | $34.0M+10.8% | $30.7M-2.3% | $31.4M+42.3% | $22.1M-38.3% | $35.8M+24.9% | $28.6M |
| Capital Expenditures | $883K+18.8% | $743K-15.0% | $874K+98.2% | $441K-61.5% | $1.1M+107.4% | $552K-13.3% | $637K+39.4% | $457K |
| Free Cash Flow | $24.5M+1.9% | $24.1M-27.3% | $33.1M+9.5% | $30.2M-0.1% | $30.3M+40.6% | $21.5M-38.7% | $35.1M+24.6% | $28.2M |
| Investing Cash Flow | -$11.2M-719.4% | $1.8M+125.3% | -$7.2M-326.8% | -$1.7M+83.6% | -$10.2M-230.4% | -$3.1M+18.4% | -$3.8M-34.7% | -$2.8M |
| Financing Cash Flow | -$101.0M-138.6% | -$42.3M+28.3% | -$59.1M-1393.9% | -$4.0M-40.5% | -$2.8M+96.4% | -$78.1M-169.9% | -$28.9M-362.3% | -$6.3M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $98.8M+173.3% | $36.1M | N/A | N/A | $2.6M-96.3% | $70.3M | N/A | N/A |
PD Financial Ratios
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 85.9%+0.6pp | 85.3%+0.7pp | 84.6%+0.6pp | 84.0%+0.4pp | 83.5%+0.6pp | 83.0%+0.3pp | 82.7%+0.1pp | 82.6% |
| Operating Margin | 3.6%-2.9pp | 6.5%+3.6pp | 2.9%+11.5pp | -8.6%+1.0pp | -9.7%-1.0pp | -8.6%+5.2pp | -13.8%+5.7pp | -19.6% |
| Net Margin | 7.5%-122.2pp | 129.7%+122.0pp | 7.8%+13.7pp | -6.0%+1.2pp | -7.2%-2.2pp | -5.0%+4.4pp | -9.4%+6.0pp | -15.4% |
| Return on Equity | 3.7%-46.7pp | 50.4%+45.1pp | 5.3%+10.2pp | -4.9%+1.8pp | -6.8%-1.4pp | -5.3%+1.3pp | -6.6%+3.2pp | -9.8% |
| Return on Assets | 0.9%-14.8pp | 15.7%+14.7pp | 1.1%+1.8pp | -0.8%+0.2pp | -0.9%-0.3pp | -0.7%+0.5pp | -1.2%+0.7pp | -1.8% |
| Current Ratio | 2.01-0.4 | 2.37-0.0 | 2.39+0.4 | 2.02+0.1 | 1.93-0.0 | 1.97-0.2 | 2.13-0.5 | 2.59 |
| Debt-to-Equity | 1.66-0.5 | 2.15-1.7 | 3.84-1.4 | 5.24+1.5 | 3.73-2.9 | 6.62+2.2 | 4.46+0.2 | 4.23 |
| FCF Margin | 19.7%+0.3pp | 19.3%-7.5pp | 26.8%+1.6pp | 25.2%+0.3pp | 24.9%+6.8pp | 18.1%-12.2pp | 30.3%+4.9pp | 25.4% |
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Frequently Asked Questions
What is Pagerduty's annual revenue?
Pagerduty (PD) reported $492.5M in total revenue for fiscal year 2026. This represents a 5.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Pagerduty's revenue growing?
Pagerduty (PD) revenue grew by 5.4% year-over-year, from $467.5M to $492.5M in fiscal year 2026.
Is Pagerduty profitable?
Yes, Pagerduty (PD) reported a net income of $173.4M in fiscal year 2026, with a net profit margin of 35.2%.
What is Pagerduty's EBITDA?
Pagerduty (PD) had EBITDA of $19.0M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Pagerduty's gross margin?
Pagerduty (PD) had a gross margin of 85.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Pagerduty's operating margin?
Pagerduty (PD) had an operating margin of 1.2% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Pagerduty's net profit margin?
Pagerduty (PD) had a net profit margin of 35.2% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Pagerduty's free cash flow?
Pagerduty (PD) generated $111.9M in free cash flow during fiscal year 2026. This represents a -2.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Pagerduty's operating cash flow?
Pagerduty (PD) generated $114.9M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Pagerduty's capital expenditures?
Pagerduty (PD) invested $2.9M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Pagerduty spend on research and development?
Pagerduty (PD) invested $126.9M in research and development during fiscal year 2026.
Are Pagerduty's earnings high quality?
Pagerduty (PD) has an earnings quality ratio of 0.66x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Pagerduty cover its interest payments?
Pagerduty (PD) has an interest coverage ratio of 0.7x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.