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| Date | Value |
|---|---|
| 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 |