PDNYSEServices-Prepackaged SoftwareFiscal year ends January 31
PagerDuty, Inc.
Financials through Q2 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Aug 27, 2026
$16.69+0.53 (+3.28%)
Close on Oct 19, 2026
- Market cap
- $1.32B
- P/E (TTM)
- 8.3
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2017 to 2026
Gross margin
84.9%−0.7 pts over 5 years
Operating margin
1.2%+32.2 pts over 5 years
Net margin
35.2%+67.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +5.4% | +9.9% | +18.2% | – | |
| Gross profit | +7.9% | +11.7% | +18.0% | – | |
| Free cash flow | -2.8% | +108.5% | +79.2% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | -20.4% | 90.4% | |
| Return on assets | – | -11.2% | 18.1% | |
| Current ratio | – | 3.70 | 2.01 | |
| Interest coverage | – | -6.7× | 0.7× | |
| Capex to revenue | – | 1.9% | 0.6% | |
| Diluted shares | – | 80M | 93M |
Where the cash went
Fiscal 2022 to 2026, five years combined
PagerDuty generated $327.72M from operations and spent $301.01M on capital expenditure, dividends and share buybacks. 5% of that went back into the business.
Generated
$327.72M
Used
$301.01M
Capital expenditure$15.99M5%Dividends$00%Share buybacks$285.02M95%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin35.2%
×Asset turnover0.51×
×Equity multiplier5.00×
=Return on equity, FY202690.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 35.2% | 0.51× | 5.00× | 90.4% |
| FY2025 | -9.1% | 0.50× | 6.15× | -28.4% |
| FY2024 | -17.5% | 0.49× | 4.23× | -36.4% |
| FY2023 | -34.6% | 0.46× | 3.20× | -50.6% |
| FY2022 | -38.2% | 0.35× | 2.53× | -33.9% |
| FY2021 | -32.3% | 0.35× | 1.82× | -20.4% |
| FY2020 | -30.3% | 0.53× | 2.65× | -42.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
6of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$173.37M
- Cash generatingOperating cash flow above zero$114.86M
- Return on assets improvedROA up on the prior year-4.6% → 18.7%
- Earnings backed by cashOperating cash flow above net income$114.86M vs $173.37M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.93 → 2.01
- No dilutionShare count did not rise92M → 93M
- Gross margin improvedGross margin up on the prior year82.96% → 84.95%
- More efficientAsset turnover rose0.51 → 0.53