PagerDuty (PD) Gross Margin (2018 - 2026)
PagerDuty (PD) reported Gross Margin of 84.28% for Q2 2026, up 29.0% on a YoY basis from 65.33% in Q2 2025, and down 1.88% quarter-over-quarter from 85.9% in Q1 2026.
PagerDuty (PD) Gross Margin (2018 - 2026) Analysis & Trends
PagerDuty has reported Gross Margin for 9 years, with the latest figure at 84.28% in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 29.0% year-over-year to 84.28%; the trailing twelve-month figure through Apr 2026 stood at 85.02% (up 171.0% YoY), and the FY2026 full-year result was 84.95%, up 199.0% from the prior year.
- Gross Margin for Q2 2026 stood at 84.28%, down from 85.9% in the prior quarter.
- The five-year high for Gross Margin was 85.9% in Q1 2026, with the low at 79.65% in Q3 2022.
- Historically, Gross Margin has averaged 82.77% across 5 years, with a median of 82.61% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 262 bps — and 2026, when it jumped 234 bps.
- PagerDuty's Gross Margin stood at 80.88% in 2022, then gained by 1 bps to 81.88% in 2023, then climbed by 1 bps to 82.96% in 2024, then increased by 3 bps to 85.26% in 2025, then fell by 1 bps to 84.28% in 2026.
- The last three Gross Margin figures came in at 84.28% (Q2 2026), 85.9% (Q1 2026), and 85.26% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 48.77% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 76.92% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 85.65% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 75.07% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 48.28% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 89.20% |
| 10 | PagerDuty | 693.67 Mn | 261.67 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% |