PagerDuty (PD) Net Margin (2018 - 2026)
PagerDuty's (PD) quarterly Net Margin came in at 3.8% in Q3 2026, down 412.0% on a YoY basis from 1.22% in Q3 2025, and down 55.16% quarter-over-quarter from 8.47% in Q2 2026.
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Analysis
PagerDuty (PD) Net Margin (2018 - 2026) Analysis & Trends
PagerDuty (PD) has reported Net Margin for 9 consecutive years, with 3.8% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Net Margin fell 412.0% year-over-year to 3.8%; the trailing twelve-month figure through Jul 2026 stood at 37.5% (up 4037.0% YoY), and the FY2026 full-year result was 35.3%, up 4695.0% from the prior year.
- Net Margin fell to 3.8% in Q3 2026 per PD's latest filing, from 8.47% 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.
- Historically, Net Margin has averaged 7.78% across 5 years, with a median of 11.83% in 2023.
- The sharpest annual moves came in 2024 and 2025: Net Margin tumbled 980 bps in 2024, then soared 13362 bps in 2025.
- Over 5 years, 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 plunged by 97 bps to 3.8% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 3.8%, 8.47%, and 8.83% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Datadog | 76.43 Bn | 71.45 Bn | 881.34 Mn | 3.97% |
| 2 | Dynatrace | 15.07 Bn | 13.96 Bn | 451.10 Mn | 6.61% |
| 3 | AvePoint | 2.84 Bn | 2.42 Bn | 91.01 Mn | 22.15% |
| 4 | Netscout Systems | 2.66 Bn | 1.99 Bn | - | - |
| 5 | PagerDuty | 1.07 Bn | 615.32 Mn | 104.40 Mn | 3.80% |
| 6 | N-able | 768.85 Mn | 653.03 Mn | 106.20 Mn | 1.24% |
| 7 | Radcom | 166.43 Mn | 56.72 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.80% |
| 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 | -36.78% |
| Oct 31, 2021 | -36.78% |