PagerDuty, Inc. PD
PagerDuty, Inc. ("PagerDuty," "we," "us" or "our") transforms critical work for modern business by building operational resilience, reducing risk, improving customer experience, and driving operational efficiency across digital operations. As a global leader in digital operations management since 2009, PagerDuty helps enterprises manage the complex web of infrastructure, applications, and systems that power today's digital experiences. The PagerDuty Operations Cloud sits at the center of the enterprise technology stack as a system of intelligence and action, ingesting signals from over 700 integrations—including monitoring, observability, security, customer service, and development tools—to orchestrate the right response across people, machines, and software.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $492.5M | $467.5M | $430.7M | $370.8M | $281.4M | $213.6M | $166.4M | $117.8M | $79.6M | — |
| Cost of revenue | $74.1M | $79.7M | $77.8M | $70.4M | $48.4M | $30.7M | $24.6M | $17.3M | $12.7M | — |
| Gross profit | $418.4M | $387.8M | $352.9M | $300.4M | $233.0M | $182.9M | $141.8M | $100.6M | $66.9M | — |
| R&D | $126.9M | $141.5M | $139.8M | $134.9M | $95.7M | $64.6M | $49.0M | $38.9M | $33.5M | — |
| SG&A | $101.6M | $104.3M | $112.6M | $99.2M | $77.4M | $62.4M | $51.0M | $40.0M | $24.3M | — |
| Total operating expenses | $412.6M | $447.6M | $449.1M | $429.7M | $334.7M | $249.2M | $197.3M | $142.9M | $105.2M | — |
| Operating income | $5.8M | -$59.8M | -$96.2M | -$129.4M | -$101.7M | -$66.3M | -$55.6M | -$42.3M | -$38.3M | — |
| Interest expense | $8.9M | $9.3M | $6.5M | $5.4M | $5.4M | $10.0M | $0 | $0 | $702.0K | — |
| Pre-tax income | $20.2M | -$41.8M | -$77.4M | -$130.1M | -$106.9M | -$72.8M | -$49.7M | -$40.0M | -$38.0M | — |
| Income tax | $152.5M | $1.8M | $12.0K | $839.0K | $535.0K | $3.9M | $675.0K | $701.0K | $184.0K | — |
| Net income | $172.7M | -$43.5M | -$77.4M | -$129.2M | -$107.5M | -$68.9M | -$50.3M | -$40.7M | -$38.1M | — |
| EPS, basic | 1.91 | -0.59 | -0.89 | -1.45 | -1.27 | -0.87 | -0.77 | — | — | — |
| EPS, diluted | 1.87 | -0.59 | -0.89 | -1.45 | -1.27 | -0.87 | -0.77 | -1.90 | -1.91 | — |
| Shares, diluted (wtd. avg.) | $93.0M | $92.0M | $92.3M | $88.7M | $84.5M | $79.6M | $65.5M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $237.4M | $346.5M | $363.0M | $274.0M | $349.8M | $339.2M | $124.0M | $130.3M | $46.5M | $13.7M |
| Short-term investments | $232.4M | $224.4M | $208.2M | $202.9M | $193.6M | $221.1M | $199.3M | $0 | — | — |
| Receivables | $108.4M | $107.3M | $100.4M | $91.3M | $75.3M | $55.1M | $37.1M | $33.5M | — | — |
| Total current assets | $612.2M | $711.7M | $703.2M | $600.3M | $645.1M | $638.3M | $405.0M | $172.8M | — | — |
| Property, plant and equipment | $29.2M | $21.3M | $17.6M | $18.4M | $18.2M | $12.6M | $12.4M | $5.8M | — | — |
| Goodwill | $137.4M | $137.4M | $137.4M | $118.9M | $72.1M | $72.1M | $0 | — | — | — |
| Other intangibles | $15.6M | $20.9M | $32.6M | $37.2M | $23.1M | $26.6M | $0 | — | — | — |
| Total assets | $990.5M | $927.3M | $925.3M | $817.9M | $806.4M | $795.4M | $435.4M | $197.2M | — | — |
| Accounts payable | $6.7M | $7.3M | $6.2M | $7.4M | $9.5M | $5.7M | $6.4M | $7.7M | — | — |
| Total current liabilities | $303.9M | $369.2M | $281.7M | $271.1M | $227.0M | $172.7M | $115.0M | $88.8M | — | — |
| Long-term debt | $420.6M | $484.5M | $489.5M | $296.5M | $300.1M | $303.7M | — | — | — | — |
| Total liabilities | $719.9M | $779.2M | $746.4M | $575.8M | $539.5M | $428.7M | $127.5M | $93.1M | — | — |
| Retained earnings | -$421.8M | -$595.2M | -$552.4M | -$477.2M | -$348.8M | -$248.1M | -$179.2M | -$128.9M | — | — |
| Total equity | $253.6M | $129.8M | $171.6M | $241.0M | $267.0M | $366.7M | $307.9M | -$68.9M | -$56.4M | -$38.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $114.9M | $117.9M | $72.0M | $17.0M | -$6.0M | $10.1M | -$173.0K | -$5.6M | -$11.8M | — |
| Depreciation and amortisation | $13.1M | $20.6M | $20.2M | $17.4M | $8.4M | $5.3M | $2.3M | $1.7M | $1.3M | — |
| Stock-based compensation | $97.8M | $126.2M | $127.2M | $109.9M | $70.0M | $43.2M | $27.2M | $19.1M | $18.2M | — |
| Capital expenditure | $2.9M | $2.8M | $2.2M | $4.6M | $3.5M | $4.0M | $5.2M | $3.7M | $822.0K | — |
| Investing cash flow | -$18.3M | -$20.0M | -$30.5M | -$86.2M | $17.4M | -$49.3M | -$232.1M | -$4.1M | -$822.0K | — |
| Financing cash flow | -$206.4M | -$116.1M | $51.6M | -$6.4M | -$736.0K | $254.4M | $225.9M | $93.6M | $45.4M | — |
| Buybacks | $134.9M | $100.1M | $50.0M | $0 | $0 | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001568100-26-000020.
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