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

PagerDuty has reported Cost of Revenue for 9 years, with the latest figure at $19.0 million in Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue fell 61.99% year-over-year to $19.0 million; the trailing twelve-month figure through Apr 2026 stood at $17.7 million (down 84.0% YoY), and the FY2026 full-year result was $74.1 million, down 6.93% from the prior year.
• Cost of Revenue for Q2 2026 stood at $19.0 million, up from -$64.7 million in the prior quarter.
• The five-year high for Cost of Revenue was $143.5 million in Q1 2023, with the low at -$64.7 million in Q1 2026.
• Historically, Cost of Revenue has averaged $35.2 million across 5 years, with a median of $20.2 million in 2024.
• Annual changes were most pronounced in 2022 — Cost of Revenue jumped 320.88% — and 2026, when it plunged 423.83%.
• PagerDuty's Cost of Revenue stood at $47.1 million in 2022, then slumped by 58.18% to $19.7 million in 2023, then grew by 2.86% to $20.3 million in 2024, then jumped by 118.68% to $44.3 million in 2025, then tumbled by 57.09% to $19.0 million in 2026.
• The last three Cost of Revenue figures came in at $19.0 million (Q2 2026), -$64.7 million (Q1 2026), and $44.3 million (Q4 2025), per Business Quant data.