PagerDuty, Inc.
PD· NYSE· Services-Prepackaged Software
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 22.7%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +18.2%
We record prices for the companies we cover; PD is not one of them yet.
Company statistics
Profile · FY2026
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 93.0M
- Revenue
- $492.5M
- Free cash flow
- $111.9M
- Owner earnings
- $14.1M
Valuation · FY2026
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2026
- Gross
- 84.9%
- Operating
- 1.2%
- Net
- 35.2%
- Free cash flow
- 22.7%
- Owner earnings
- 2.9%
- Stock pay
- 19.9%
Returns
- ROIC, FY2026
- –
- ROIC, 5 yr avg
- –
- ROE, FY2026
- 68.4%
- ROE, 5 yr avg
- -20.4%
Growth (CAGR)
- Revenue, 3 yr
- 9.9%
- Revenue, 5 yr
- 18.2%
- Revenue, 8 yr
- 25.6%
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- –
- Diluted EPS, 8 yr
- –
- Free cash flow, 3 yr
- 108.5%
- Free cash flow, 5 yr
- 79.2%
- Free cash flow, 8 yr
- –
Financial health · FY2026
- Cash and investments
- $469.8M
- Total debt
- $420.6M
- Net cash
- $49.2M
- Debt/Equity
- 1.7x
- Debt/FCF
- 3.8x
Shareholder returns · FY2026
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- 3.2%
Financials: ten years from the 10-Ks
Revenue
$492.5M
+25.6% a year over 8 years
FY2018FY2026
Margins
Gross84.9%Operating1.2%Net35.2%
FY2026
FY2018FY2026
Free cash flow and owner earnings
Free cash flow$111.9MOwner earnings$14.1M
FY2026
FY2018FY2026
Diluted shares
93.0M
+41.9% over 8 years, net dilution
FY2018FY2026
Net cash
$49.2M
$49.2M more cash than debt
FY2018FY2026
Every figure, year by year
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|
| The business | |||||||||
| Revenue | $79.6M | $117.8M | $166.4M | $213.6M | $281.4M | $370.8M | $430.7M | $467.5M | $492.5M |
| Revenue growth | – | 48.0% | 41.2% | 28.4% | 31.8% | 31.8% | 16.2% | 8.5% | 5.4% |
| Gross margin | 84.0% | 85.4% | 85.2% | 85.6% | 82.8% | 81.0% | 81.9% | 83.0% | 84.9% |
| Operating margin | -48.1% | -35.9% | -33.4% | -31.0% | -36.1% | -34.9% | -22.3% | -12.8% | 1.2% |
| Net income | -$38.1M | -$40.7M | -$50.3M | -$68.9M | -$107.5M | -$128.4M | -$75.2M | -$42.7M | $173.4M |
| Net margin | -47.9% | -34.6% | -30.3% | -32.3% | -38.2% | -34.6% | -17.5% | -9.1% | 35.2% |
| Diluted EPS | – | – | $-0.77 | $-0.87 | $-1.27 | $-1.45 | $-0.89 | $-0.59 | $1.87 |
| Return on invested capital? | – | – | – | – | – | – | – | – | – |
| Cash | |||||||||
| Operating cash flow | -$11.8M | -$5.6M | -$173.0K | $10.1M | -$6.0M | $17.0M | $72.0M | $117.9M | $114.9M |
| Capital expenditure | $822.0K | $3.7M | $5.2M | $4.0M | $3.5M | $4.6M | $2.2M | $2.8M | $2.9M |
| Free cash flow | -$12.7M | -$9.3M | -$5.3M | $6.1M | -$9.5M | $12.3M | $69.8M | $115.1M | $111.9M |
| Stock-based compensation | $18.2M | $19.1M | $27.2M | $43.2M | $70.0M | $109.9M | $127.2M | $126.2M | $97.8M |
| Owner earnings? | -$30.8M | -$28.4M | -$32.6M | -$37.2M | -$79.5M | -$97.6M | -$57.3M | -$11.1M | $14.1M |
| Free cash flow per share | – | – | $-0.08 | $0.08 | $-0.11 | $0.14 | $0.76 | $1.25 | $1.20 |
| Capital allocation | |||||||||
| Dividends paid | – | – | – | – | – | – | – | – | – |
| Share repurchases | – | – | – | – | $0 | $0 | $50.0M | $100.1M | $134.9M |
| Diluted shares | – | – | 65.5M | 79.6M | 84.5M | 88.7M | 92.3M | 92.0M | 93.0M |
| Share count change? | – | – | – | 21.5% | 6.2% | 5.0% | 4.1% | -0.4% | 1.1% |
| Balance sheet | |||||||||
| Cash and equivalents | $44.0M | $127.9M | $124.0M | $339.2M | $349.8M | $274.0M | $363.0M | $346.5M | $237.4M |
| Short-term investments | – | $0 | $227.4M | $221.1M | $193.6M | $202.9M | $208.2M | $224.4M | $232.4M |
| Total debt | – | – | $0 | $303.7M | $300.1M | $296.5M | $489.5M | $484.5M | $420.6M |
| Net debt | – | – | -$351.4M | -$256.6M | -$243.3M | -$180.5M | -$81.7M | -$86.3M | -$49.2M |
| Shareholders' equity | -$56.4M | -$68.9M | $307.9M | $366.7M | $267.0M | $241.0M | $171.6M | $129.8M | $253.6M |
Latest filings
| 2026-08-27 | 10-Q | Quarterly report |
| 2026-08-27 | 8-K | Earnings release |
| 2026-05-28 | 10-Q | Quarterly report |
| 2026-05-28 | 8-K | Earnings release |
| 2026-05-04 | DEF 14A | Proxy statement |
| 2026-03-12 | 10-K | Annual report |
| 2026-03-12 | 8-K | Earnings release |
| 2025-11-26 | 10-Q | Quarterly report |
| 2025-11-25 | 8-K | Earnings release |
| 2025-09-04 | 10-Q | Quarterly report |
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