PagerDuty (PD) Gross Margin (2018 - 2026)
PagerDuty (PD) posted Gross Margin of 84.28% for Q2 2026, down 1.88% on a QoQ basis from 85.9% in Q1 2026, and up 29.0% year-over-year from 65.33% in Q2 2025.
PagerDuty (PD) Gross Margin (2018 - 2026) Analysis & Trends
PagerDuty's Gross Margin history runs 9 years deep, the most recent figure standing at 84.28% for Q2 2026.
- Quarterly Gross Margin rose 29.0% year-over-year to 84.28% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 85.02% (up 171.0% YoY) and the FY2026 annual result came in at 84.95%, up 199.0% from the prior year.
- Gross Margin was 84.28% for Q2 2026 at PagerDuty, down from 85.9% in the prior quarter.
- Across five years, Gross Margin topped out at 85.9% in Q1 2026 and bottomed at 79.65% in Q3 2022.
- A 5-year average of 82.77% and a median of 82.61% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin sank 262 bps — and 2026, when it jumped 234 bps.
- PagerDuty's Gross Margin stood at 80.88% in 2022, then climbed by 1 bps to 81.88% in 2023, then increased by 1 bps to 82.96% in 2024, then gained by 3 bps to 85.26% in 2025, then decreased by 1 bps to 84.28% in 2026.
- Business Quant data shows PD's Gross Margin at 84.28% in Q2 2026, 85.9% in Q1 2026, and 85.26% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | PagerDuty | 677.94 Mn | 245.94 Mn | 101.95 Mn | 84.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 84.28% |
| Jan 31, 2026 | 85.90% |
| Oct 31, 2025 | 85.26% |
| Jul 31, 2025 | 84.60% |
| Apr 30, 2025 | 83.99% |
| Jan 31, 2025 | 83.55% |
| Oct 31, 2024 | 82.96% |
| Jul 31, 2024 | 82.68% |
| Apr 30, 2024 | 82.60% |
| Jan 31, 2024 | 81.68% |
| Oct 31, 2023 | 81.88% |
| Jul 31, 2023 | 81.57% |
| Apr 30, 2023 | 82.63% |
| Jan 31, 2023 | 81.83% |
| Oct 31, 2022 | 80.88% |
| Jul 31, 2022 | 79.65% |
| Apr 30, 2022 | 81.59% |
| Jan 31, 2022 | 82.26% |
| Oct 31, 2021 | 83.22% |
| Jul 31, 2021 | 82.27% |