PagerDuty (PD) Operating Expenses (2018 - 2026)
PagerDuty's (PD) quarterly Operating Expenses came in at $94.2 million in Q3 2026, down 6.63% on a YoY basis from $100.8 million in Q3 2025, and up 1.5% quarter-over-quarter from $92.8 million in Q2 2026.
Analysis
PagerDuty (PD) Operating Expenses (2018 - 2026) Analysis & Trends
PagerDuty (PD) has reported Operating Expenses for 9 consecutive years, with $94.2 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Operating Expenses fell 6.63% year-over-year to $94.2 million; the trailing twelve-month figure through Jul 2026 stood at $387.7 million (down 10.66% YoY), and the FY2026 full-year result was $412.6 million, down 7.83% from the prior year.
- Operating Expenses rose to $94.2 million in Q3 2026 per PD's latest filing, from $92.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $124.2 million in Q1 2024 and bottomed at $91.8 million in Q1 2022.
- Historically, Operating Expenses has averaged $106.2 million across 5 years, with a median of $109.0 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses surged 37.23% in 2022, then decreased 16.39% in 2026.
- Over 5 years, Operating Expenses stood at $108.7 million in 2022, then gained by 1.03% to $109.9 million in 2023, then declined by 0.81% to $109.0 million in 2024, then fell by 9.97% to $98.1 million in 2025, then retreated by 4.03% to $94.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $94.2 million, $92.8 million, and $102.7 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Datadog | 76.43 Bn | 71.45 Bn | 881.34 Mn | 875.89 Mn |
| 2 | Dynatrace | 15.07 Bn | 13.96 Bn | 451.10 Mn | 379.62 Mn |
| 3 | AvePoint | 2.84 Bn | 2.42 Bn | 91.01 Mn | 80.78 Mn |
| 4 | Netscout Systems | 2.66 Bn | 1.99 Bn | - | - |
| 5 | PagerDuty | 1.07 Bn | 615.32 Mn | 104.40 Mn | 94.16 Mn |
| 6 | N-able | 768.85 Mn | 653.03 Mn | 106.20 Mn | 89.73 Mn |
| 7 | Radcom | 166.43 Mn | 56.72 Mn | - | 5.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 94.16 Mn |
| Apr 30, 2026 | 92.76 Mn |
| Jan 31, 2026 | 102.66 Mn |
| Oct 31, 2025 | 98.11 Mn |
| Jul 31, 2025 | 100.84 Mn |
| Apr 30, 2025 | 110.95 Mn |
| Jan 31, 2025 | 113.19 Mn |
| Oct 31, 2024 | 108.97 Mn |
| Jul 31, 2024 | 111.88 Mn |
| Apr 30, 2024 | 113.56 Mn |
| Jan 31, 2024 | 124.19 Mn |
| Oct 31, 2023 | 109.86 Mn |
| Jul 31, 2023 | 113.96 Mn |
| Apr 30, 2023 | 101.11 Mn |
| Jan 31, 2023 | 109.11 Mn |
| Oct 31, 2022 | 108.74 Mn |
| Jul 31, 2022 | 109.77 Mn |
| Apr 30, 2022 | 102.11 Mn |
| Jan 31, 2022 | 91.78 Mn |
| Oct 31, 2021 | 84.54 Mn |