PagerDuty profit margin PD
Gross, operating and net profit as a share of revenue over the last twelve months, from 2019.
- Net margin, 12 months
- 37.2%
- Operating margin, 12 months
- 6.5%
- Net margin on a year earlier
- +39.7 pts
- Peer median
- 5.1%
Over the twelve months to Jul 31, 2026, PagerDuty kept 37.2% of its revenue as net profit, with an operating margin of 6.5% and a gross margin of 84.8%.
Five years earlier its net margin was −38.9%.
The median for 10 infrastructure software stocks of a similar size is 5.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 35.2% | 1.2% | 84.9% |
| FY2025 | −9.1% | −12.8% | 83.0% |
| FY2024 | −17.5% | −22.3% | 81.9% |
| FY2023 | −34.6% | −34.9% | 81.0% |
| FY2022 | −38.2% | −36.1% | 82.8% |
| FY2021 | −32.3% | −31.0% | 85.6% |
| FY2020 | −30.3% | −33.4% | 85.2% |
| FY2019 | −34.6% | −35.9% | 85.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY27 | 37.2% | +39.7 pts | 6.5% | |
| Q1 FY27 | 37.6% | +44.5 pts | 5.1% | |
| Q4 FY26 | 35.2% | +44.3 pts | 1.2% | |
| Q3 FY26 | 31.7% | +45.3 pts | −2.1% | |
| Q2 FY26 | −2.5% | +12.9 pts | −5.9% | |
| Q1 FY26 | −6.9% | +11.4 pts | −10.2% | |
| Q4 FY25 | −9.1% | +8.3 pts | −12.8% | |
| Q3 FY25 | −13.6% | +3.4 pts | −17.8% | |
| Q2 FY25 | −15.4% | +7.1 pts | −20.6% | |
| Q1 FY25 | −18.3% | +9.5 pts | −23.3% | |
| Q4 FY24 | −17.5% | +17.2 pts | −22.3% | |
| Q3 FY24 | −17.0% | +21.1 pts | −21.2% |
Against its peers
Companies in Software - Infrastructure nearest PagerDuty's size, closest first, today.
| Company | Profit margin |
|---|---|
| PDPagerDuty | 37.2% |
| RDVTRed Violet | 16.5% |
| XZOExzeo | 39.1% |
| CXMSprinklr | 2.7% |
| EVCMEverCommerce | 5.7% |
| PDFSPDF Solutions | 4.3% |
| RPDRapid7 | 2.4% |
| MQMarqeta | 1.5% |
| BLBlackline | 4.7% |
| NCNOnCino | 5.4% |
| BLKBBlackbaud | 13.1% |
| Peer median | 5.1% |
Where PagerDuty ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on PagerDuty
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.