Growth Metrics

PagerDuty (PD) Cost Of Revenue (2018 - 2026)

PagerDuty posted quarterly Cost of Revenue of -$64.7 million for Q1 2026, down 145.51% year-on-year from $142.1 million in Q1 2025, and down 245.93% on a QoQ basis from $44.3 million in Q4 2025.

PagerDuty (PD) has 9 years of Cost of Revenue data on file, last reported at -$64.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue fell 145.51% year-over-year to -$64.7 million; the trailing twelve-month figure through Jan 2026 stood at $17.8 million (down 93.19% YoY), and the FY2026 full-year result was $74.1 million, down 63.26% from the prior year.
  • Cost of Revenue for Q1 2026 stood at -$64.7 million, down from $44.3 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $143.5 million in Q1 2023 and bottomed at -$64.7 million in Q1 2026.
  • The 5-year median for Cost of Revenue is $47.1 million (2022), against an average of $49.2 million.
  • The widest annual swing landed in 2023, when Cost of Revenue surged 230.72%; it then plunged 145.51% in 2026.
  • A 5-year view of Cost of Revenue shows it stood at $47.1 million in 2022, then increased by 5.33% to $49.6 million in 2023, then retreated by 0.72% to $49.3 million in 2024, then declined by 10.05% to $44.3 million in 2025, then plunged by 245.93% to -$64.7 million in 2026.
  • The last three Cost of Revenue figures came in at -$64.7 million (Q1 2026), $44.3 million (Q4 2025), and $19.0 million (Q3 2025), per Business Quant data.