Growth Metrics

PagerDuty (PD) Research & Development (2018 - 2026)

PagerDuty posted quarterly Research & Development of $32.6 million for Q1 2026, down 5.89% year-on-year from $34.6 million in Q1 2025, and up 10.73% on a QoQ basis from $29.4 million in Q4 2025.

PagerDuty (PD) has 9 years of Research & Development data on file, last reported at $32.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development fell 5.89% year-over-year to $32.6 million; the trailing twelve-month figure through Jan 2026 stood at $126.9 million (down 10.28% YoY), and the FY2026 full-year result was $126.9 million, down 10.28% from the prior year.
  • Research & Development for Q1 2026 stood at $32.6 million, up from $29.4 million in the prior quarter.
  • Across five years, Research & Development topped out at $37.5 million in Q2 2024 and bottomed at $27.6 million in Q1 2022.
  • The 5-year median for Research & Development is $34.3 million (2024), against an average of $33.6 million.
  • The widest annual swing landed in 2022, when Research & Development jumped 54.68%; it then dropped 14.15% in 2025.
  • A 5-year view of Research & Development shows it stood at $35.0 million in 2022, then retreated by 2.09% to $34.3 million in 2023, then dropped by 0.01% to $34.3 million in 2024, then dropped by 14.15% to $29.4 million in 2025, then gained by 10.73% to $32.6 million in 2026.
  • The last three Research & Development figures came in at $32.6 million (Q1 2026), $29.4 million (Q4 2025), and $30.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -1.99 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 1.62 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 951.00 Mn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 437.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 823.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 508.44 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 1.11 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 253.90 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 840.00 Mn
10 PagerDuty 656.73 Mn 203.96 Mn 107.19 Mn 32.57 Mn

Historic Data

Download Data 🔒
DateValue
Jan 31, 2026 32.57 Mn
Oct 31, 2025 29.42 Mn
Jul 31, 2025 30.90 Mn
Apr 30, 2025 34.05 Mn
Jan 31, 2025 34.61 Mn
Oct 31, 2024 34.27 Mn
Jul 31, 2024 35.09 Mn
Apr 30, 2024 37.52 Mn
Jan 31, 2024 35.55 Mn
Oct 31, 2023 34.27 Mn
Jul 31, 2023 36.44 Mn
Apr 30, 2023 33.51 Mn
Jan 31, 2023 34.57 Mn
Oct 31, 2022 35.00 Mn
Jul 31, 2022 34.01 Mn
Apr 30, 2022 31.29 Mn
Jan 31, 2022 27.63 Mn
Oct 31, 2021 24.55 Mn
Jul 31, 2021 22.91 Mn
Apr 30, 2021 20.60 Mn
Jan 31, 2021 17.86 Mn
Oct 31, 2020 16.16 Mn
Jul 31, 2020 15.54 Mn
Apr 30, 2020 15.01 Mn
Jan 31, 2020 13.85 Mn
Oct 31, 2019 12.62 Mn
Jul 31, 2019 11.64 Mn
Apr 30, 2019 10.91 Mn
Jan 31, 2019 8.76 Mn
Oct 31, 2018 14.58 Mn
Jul 31, 2018 7.80 Mn
Apr 30, 2018 7.72 Mn