PagerDuty (PD) Operating Expenses (2018 - 2026)
PagerDuty posted quarterly Operating Expenses of $102.7 million for Q1 2026, down 9.3% year-on-year from $113.2 million in Q1 2025, and up 4.64% on a QoQ basis from $98.1 million in Q4 2025.
PagerDuty (PD) has 9 years of Operating Expenses data on file, last reported at $102.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 9.3% year-over-year to $102.7 million; the trailing twelve-month figure through Jan 2026 stood at $412.6 million (down 7.83% YoY), and the FY2026 full-year result was $412.6 million, down 7.83% from the prior year.
- Operating Expenses for Q1 2026 stood at $102.7 million, up from $98.1 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.
- The 5-year median for Operating Expenses is $109.1 million (2023), against an average of $107.7 million.
- The widest annual swing landed in 2022, when Operating Expenses jumped 37.23%; it then declined 9.97% in 2025.
- A 5-year view of Operating Expenses shows it stood at $108.7 million in 2022, then rose by 1.03% to $109.9 million in 2023, then dropped by 0.81% to $109.0 million in 2024, then declined by 9.97% to $98.1 million in 2025, then advanced by 4.64% to $102.7 million in 2026.
- The last three Operating Expenses figures came in at $102.7 million (Q1 2026), $98.1 million (Q4 2025), and $100.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | PagerDuty | 656.73 Mn | 203.96 Mn | 107.19 Mn | 102.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 74.41 Mn |
| Jan 31, 2021 | 68.28 Mn |
| Oct 31, 2020 | 67.93 Mn |
| Jul 31, 2020 | 57.53 Mn |
| Apr 30, 2020 | 55.42 Mn |
| Jan 31, 2020 | 51.33 Mn |
| Oct 31, 2019 | 52.81 Mn |
| Jul 31, 2019 | 48.64 Mn |
| Apr 30, 2019 | 44.56 Mn |
| Jan 31, 2019 | 35.39 Mn |
| Oct 31, 2018 | 42.58 Mn |
| Jul 31, 2018 | 36.80 Mn |
| Apr 30, 2018 | 28.13 Mn |