PagerDuty (PD) Operating Expenses (2018 - 2026)

PagerDuty (PD) reported Operating Expenses of $92.8 million for Q2 2026, down 16.39% on a YoY basis from $110.9 million in Q2 2025, and down 9.64% quarter-over-quarter from $102.7 million in Q1 2026.

PagerDuty (PD) Operating Expenses (2018 - 2026) Analysis & Trends

PagerDuty has reported Operating Expenses for 9 years, with the latest figure at $92.8 million in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 16.39% year-over-year to $92.8 million; the trailing twelve-month figure through Apr 2026 stood at $394.4 million (down 11.37% YoY), and the FY2026 full-year result was $412.6 million, down 7.83% from the prior year.
  • Operating Expenses for Q2 2026 stood at $92.8 million, down from $102.7 million in the prior quarter.
  • The five-year high for Operating Expenses was $124.2 million in Q1 2024, with the low at $91.8 million in Q1 2022.
  • Historically, Operating Expenses has averaged $106.9 million across 5 years, with a median of $109.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Operating Expenses jumped 37.23% — and 2026, when it retreated 16.39%.
  • PagerDuty's Operating Expenses 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -269.42 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 11.28 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 1.16 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 6.22 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 1.04 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 2.33 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 4.23 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 3.67 Bn
10 PagerDuty 693.67 Mn 261.67 Mn 101.95 Mn 92.76 Mn

Historic Data

Download Data
DateValue
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