Growth Metrics

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 🔒
DateValue
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