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
DateValue
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%