PagerDuty (PD) Net Margin (2018 - 2026)
PagerDuty (PD) posted Net Margin of 8.47% for Q2 2026, down 4.08% on a QoQ basis from 8.83% in Q1 2026, and up 1389.0% year-over-year from 0.57% in Q2 2025.
PagerDuty (PD) Net Margin (2018 - 2026) Analysis & Trends
PagerDuty's Net Margin history runs 9 years deep, the most recent figure standing at 8.47% for Q2 2026.
- Quarterly Net Margin rose 1389.0% year-over-year to 8.47% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 38.61% (up 4636.0% YoY) and the FY2026 annual result came in at 35.3%, up 4695.0% from the prior year.
- Net Margin was 8.47% for Q2 2026 at PagerDuty, down from 8.83% in the prior quarter.
- Across five years, Net Margin topped out at 128.11% in Q4 2025 and bottomed at 42.66% in Q3 2022.
- A 5-year average of 8.42% and a median of 12.87% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin sank 980 bps — and 2025, when it surged 13362 bps.
- PagerDuty's Net Margin stood at 34.54% in 2022, then jumped by 60 bps to 13.91% in 2023, then surged by 60 bps to 5.51% in 2024, then soared by 2424 bps to 128.11% in 2025, then tumbled by 93 bps to 8.47% in 2026.
- Business Quant data shows PD's Net Margin at 8.47% in Q2 2026, 8.83% in Q1 2026, and 128.11% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -18.33% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.29% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 18.93% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 7.47% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 22.90% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -21.25% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 22.77% |
| 10 | PagerDuty | 677.94 Mn | 245.94 Mn | 101.95 Mn | 8.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 8.47% |
| Jan 31, 2026 | 8.83% |
| Oct 31, 2025 | 128.11% |
| Jul 31, 2025 | 7.92% |
| Apr 30, 2025 | -5.42% |
| Jan 31, 2025 | -8.73% |
| Oct 31, 2024 | -5.51% |
| Jul 31, 2024 | -11.42% |
| Apr 30, 2024 | -21.64% |
| Jan 31, 2024 | -27.57% |
| Oct 31, 2023 | -13.91% |
| Jul 31, 2023 | -22.10% |
| Apr 30, 2023 | -11.83% |
| Jan 31, 2023 | -24.33% |
| Oct 31, 2022 | -34.54% |
| Jul 31, 2022 | -42.66% |
| Apr 30, 2022 | -38.44% |
| Jan 31, 2022 | -36.80% |
| Oct 31, 2021 | -36.71% |
| Jul 31, 2021 | -43.92% |