PagerDuty (PD) Gross Margin (2018 - 2026)
PagerDuty's (PD) quarterly Gross Margin came in at 83.9% in Q3 2026, down 71.0% on a YoY basis from 289.3% in Q3 2025, and little changed quarter-over-quarter from 84.28% in Q2 2026.
Analysis
PagerDuty (PD) Gross Margin (2018 - 2026) Analysis & Trends
PagerDuty (PD) has reported Gross Margin for 9 consecutive years, with 83.9% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Gross Margin fell 71.0% year-over-year to 83.9%; the trailing twelve-month figure through Jul 2026 stood at 84.84% (up 105.0% YoY), and the FY2026 full-year result was 84.95%, up 199.0% from the prior year.
- Gross Margin steadied at 83.9% in Q3 2026 per PD's latest filing, from 84.28% 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.
- Historically, Gross Margin has averaged 82.83% across 5 years, with a median of 82.63% in 2023.
- The sharpest annual moves came in 2022 and 2026: Gross Margin tumbled 262 bps in 2022, then surged 234 bps in 2026.
- Over 5 years, 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 declined by 2 bps to 83.9% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 83.9%, 84.28%, and 85.9% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Datadog | 76.43 Bn | 71.45 Bn | 881.34 Mn | 78.59% |
| 2 | Dynatrace | 15.07 Bn | 13.96 Bn | 451.10 Mn | 81.34% |
| 3 | AvePoint | 2.84 Bn | 2.42 Bn | 91.01 Mn | 73.10% |
| 4 | Netscout Systems | 2.66 Bn | 1.99 Bn | - | - |
| 5 | PagerDuty | 1.07 Bn | 615.32 Mn | 104.40 Mn | 83.90% |
| 6 | N-able | 768.85 Mn | 653.03 Mn | 106.20 Mn | 76.83% |
| 7 | Radcom | 166.43 Mn | 56.72 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 83.90% |
| 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% |