PagerDuty (PD) Operating Margin (2018 - 2026)

PagerDuty's (PD) quarterly Operating Margin came in at 7.59% in Q2 2026, up 1621.0% YoY from 0.44% in Q2 2025, and up 109.48% on a QoQ basis from 3.62% in Q1 2026.

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

PagerDuty (PD) has 9 years of Operating Margin data on file, last reported at 7.59% in Q2 2026.

  • Quarterly Operating Margin rose 1621.0% year-over-year to 7.59% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 5.13% (up 1529.0% YoY) and the FY2026 annual result came in at 1.19%, up 1397.0% from the prior year.
  • Operating Margin rose to 7.59% in Q2 2026, from 3.62% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 7.59% in Q2 2026 to a low of 41.98% in Q3 2022.
  • A 5-year average of 16.89% and a median of 17.24% in 2023 frame the typical range for Operating Margin.
  • Annual changes were most pronounced in 2022 — Operating Margin tumbled 462 bps — and 2023, when it soared 2272 bps.
  • Tracing PD's Operating Margin over 5 years: stood at 34.54% in 2022, then jumped by 45 bps to 19.17% in 2023, then surged by 55 bps to 8.65% in 2024, then soared by 175 bps to 6.49% in 2025, then climbed by 17 bps to 7.59% in 2026.
  • The last three Operating Margin figures came in at 7.59% (Q2 2026), 3.62% (Q1 2026), and 6.49% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 27.70%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 13.62%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 21.08%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 13.32%
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 4.06%
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -23.45%
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn -33.33%
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 33.82%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 46.97%
10 PagerDuty 917.76 Mn 485.76 Mn 101.95 Mn 7.59%

Historic Data

Download Data
DateValue
Apr 30, 2026 7.59%
Jan 31, 2026 3.62%
Oct 31, 2025 6.49%
Jul 31, 2025 2.89%
Apr 30, 2025 -8.62%
Jan 31, 2025 -9.65%
Oct 31, 2024 -8.65%
Jul 31, 2024 -13.82%
Apr 30, 2024 -19.55%
Jan 31, 2024 -30.09%
Oct 31, 2023 -19.17%
Jul 31, 2023 -24.32%
Apr 30, 2023 -15.30%
Jan 31, 2023 -26.24%
Oct 31, 2022 -34.54%
Jul 31, 2022 -41.98%
Apr 30, 2022 -38.02%
Jan 31, 2022 -34.64%
Oct 31, 2021 -34.58%
Jul 31, 2021 -42.14%