PagerDuty (PD) Research & Development (2018 - 2026)
PagerDuty (PD) reported Research & Development of $30.9 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), unchanged from $30.9 million a year earlier and up 3.0% from the prior quarter.
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Analysis
PagerDuty (PD) Research & Development (2018 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, PagerDuty's Research & Development came in at $122.88 million, down 8.2% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $126.94 million, down 10.3% from FY2025.
- Research & Development has a five-year compound annual growth rate of 14.5% (FY2021 to FY2026).
- By fiscal year, Research & Development came in at $141.49 million in FY2025 (+1.2%), $139.77 million in FY2024 (+3.6%), $134.88 million in FY2023 (+41.0%) and $95.69 million in FY2022 (+48.2%).
- Five-year quarterly Research & Development spans a low of $24.55 million in fiscal Q3 2022 and a high of $37.52 million in fiscal Q1 2025.
- The high point for year-over-year Research & Development in five years was fiscal Q4 2022 (growth of 54.7%); the low point was fiscal Q3 2026 (a decline of 14.2%).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at $29.99 million (Q1 2027), $32.57 million (Q4 2026) and $29.42 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 779.00 Mn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 444.20 Mn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 225.00 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 567.48 Mn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 477.97 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 208.69 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 163.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 679.00 Mn |
| 10 | PagerDuty | 1.14 Bn | -779.40 Mn | 104.40 Mn | 30.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 30.90 Mn |
| Apr 30, 2026 | 29.99 Mn |
| 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 |
API Access
PagerDuty Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=PD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "PD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=PD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();