PagerDuty (PD) Operating Expenses (2018 - 2026)
PagerDuty's (PD) quarterly Operating Expenses came in at $92.8 million in Q2 2026, down 16.39% YoY from $110.9 million in Q2 2025, and down 9.64% on a QoQ basis from $102.7 million in Q1 2026.
PagerDuty (PD) Operating Expenses (2018 - 2026) Analysis & Trends
PagerDuty (PD) has 9 years of Operating Expenses data on file, last reported at $92.8 million in Q2 2026.
- Quarterly Operating Expenses fell 16.39% year-over-year to $92.8 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $394.4 million (down 11.37% YoY) and the FY2026 annual result came in at $412.6 million, down 7.83% from the prior year.
- Operating Expenses slipped to $92.8 million in Q2 2026, from $102.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $124.2 million in Q1 2024 to a low of $91.8 million in Q1 2022.
- A 5-year average of $106.9 million and a median of $109.0 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 37.23% — and 2026, when it retreated 16.39%.
- Tracing PD's Operating Expenses over 5 years: stood at $108.7 million in 2022, then increased by 1.03% to $109.9 million in 2023, then slipped by 0.81% to $109.0 million in 2024, then dropped by 9.97% to $98.1 million in 2025, then fell by 5.45% to $92.8 million in 2026.
- The last three Operating Expenses figures came in at $92.8 million (Q2 2026), $102.7 million (Q1 2026), and $98.1 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | PagerDuty | 917.76 Mn | 485.76 Mn | 101.95 Mn | 92.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 31, 2021 | 84.02 Mn |