PagerDuty (PD) Research & Development (2018 - 2026)
PagerDuty's (PD) quarterly Research & Development came in at $38.3 million in Q3 2026, down 13.79% on a YoY basis from $44.5 million in Q3 2025, and down 3.24% quarter-over-quarter from $39.6 million in Q2 2026.
Analysis
PagerDuty (PD) Research & Development (2018 - 2026) Analysis & Trends
PagerDuty (PD) has reported Research & Development for 9 consecutive years, with $38.3 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Research & Development fell 13.79% year-over-year to $38.3 million; the trailing twelve-month figure through Jul 2026 stood at $167.5 million (down 14.93% YoY), and the FY2026 full-year result was $184.0 million, down 8.81% from the prior year.
- Research & Development fell to $38.3 million in Q3 2026 per PD's latest filing, from $39.6 million in the prior quarter.
- Across five years, Research & Development topped out at $53.6 million in Q1 2024 and bottomed at $38.3 million in Q3 2026.
- Historically, Research & Development has averaged $47.3 million across 5 years, with a median of $48.5 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Research & Development grew 28.08% in 2022, then fell 20.85% in 2026.
- Over 5 years, Research & Development stood at $47.1 million in 2022, then rose by 5.33% to $49.6 million in 2023, then decreased by 0.72% to $49.3 million in 2024, then fell by 10.05% to $44.3 million in 2025, then fell by 13.53% to $38.3 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $38.3 million, $39.6 million, and $45.2 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Datadog | 76.43 Bn | 71.45 Bn | 881.34 Mn | 477.97 Mn |
| 2 | Dynatrace | 15.07 Bn | 13.96 Bn | 451.10 Mn | 181.63 Mn |
| 3 | AvePoint | 2.84 Bn | 2.42 Bn | 91.01 Mn | 45.54 Mn |
| 4 | Netscout Systems | 2.66 Bn | 1.99 Bn | - | - |
| 5 | PagerDuty | 1.07 Bn | 615.32 Mn | 104.40 Mn | 38.33 Mn |
| 6 | N-able | 768.85 Mn | 653.03 Mn | 106.20 Mn | 42.69 Mn |
| 7 | Radcom | 166.43 Mn | 56.72 Mn | - | 5.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 38.33 Mn |
| Apr 30, 2026 | 39.61 Mn |
| Jan 31, 2026 | 45.22 Mn |
| Oct 31, 2025 | 44.32 Mn |
| Jul 31, 2025 | 44.46 Mn |
| Apr 30, 2025 | 50.05 Mn |
| Jan 31, 2025 | 53.08 Mn |
| Oct 31, 2024 | 49.27 Mn |
| Jul 31, 2024 | 50.97 Mn |
| Apr 30, 2024 | 48.50 Mn |
| Jan 31, 2024 | 53.61 Mn |
| Oct 31, 2023 | 49.63 Mn |
| Jul 31, 2023 | 49.72 Mn |
| Apr 30, 2023 | 43.80 Mn |
| Jan 31, 2023 | 52.62 Mn |
| Oct 31, 2022 | 47.12 Mn |
| Jul 31, 2022 | 50.33 Mn |
| Apr 30, 2022 | 45.55 Mn |
| Jan 31, 2022 | 43.40 Mn |
| Oct 31, 2021 | 40.18 Mn |