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PagerDuty, Inc. (PD) 10-Year Financial Performance & Capital Metrics

PD • • Industrial / General
TechnologyApplication SoftwareArtificial Intelligence & AnalyticsAI Analytics Platforms
AboutPagerDuty, Inc. operates a digital operations management platform in the United States, Japan, and internationally. Its digital operations management platform collects data digital signals from virtually any software-enabled system or device, and leverage powerful machine learning to correlate, process, and predict opportunities and issues. It serves various industries, including software and technology, telecommunications, retail, travel and hospitality, media and entertainment, and financial services. PagerDuty, Inc. was founded in 2009 and is headquartered in San Francisco, California.Show more
  • Revenue $467M +8.5%
  • EBITDA -$39M +48.5%
  • Net Income -$43M +47.7%
  • EPS (Diluted) -0.59 +33.7%
  • Gross Margin 82.96% +1.3%
  • EBITDA Margin -8.38% +52.6%
  • Operating Margin -12.79% +42.8%
  • Net Margin -9.14% +51.8%
  • ROE -26.14% +32.7%
  • ROIC -16.54% +37.4%
  • Debt/Equity 3.13 +21.5%
  • Interest Coverage -6.46 +56.4%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓FCF machine: 23.2% free cash flow margin
  • ✓Strong 5Y sales CAGR of 23.0%

✗Weaknesses

  • ✗High debt to equity ratio of 3.1x
  • ✗Weak momentum: RS Rating 14 (bottom 14%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y22.96%
3Y18.44%
TTM7.01%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM312.84%

EPS CAGR

10Y-
5Y-
3Y-
TTM300.89%

ROCE

10Y Avg-36.55%
5Y Avg-16.01%
3Y Avg-16.36%
Latest-9.95%

Peer Comparison

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Sector-Specific
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TYLTyler Technologies, Inc.19.2B446.1573.749.53%13.72%8.75%3.15%0.19
FICOFair Isaac Corporation37.49B1581.1959.5815.91%32.75%2.05%
DSGXThe Descartes Systems Group Inc.7.62B88.5754.0113.63%22.1%10%2.79%0.01
MANHManhattan Associates, Inc.10.58B175.5750.0212.23%20.25%69.86%2.71%0.16

Profit & Loss

Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025
Sales/Revenue+79.63M117.82M166.35M213.56M281.4M370.79M430.7M467.5M
Revenue Growth %-0.48%0.41%0.28%0.32%0.32%0.16%0.09%
Cost of Goods Sold+12.72M17.25M24.58M30.69M48.36M70.43M77.83M79.67M
COGS % of Revenue0.16%0.15%0.15%0.14%0.17%0.19%0.18%0.17%
Gross Profit+66.91M100.57M141.77M182.87M233.03M300.36M352.87M387.83M
Gross Margin %0.84%0.85%0.85%0.86%0.83%0.81%0.82%0.83%
Gross Profit Growth %-0.5%0.41%0.29%0.27%0.29%0.17%0.1%
Operating Expenses+105.23M142.89M197.33M249.15M334.75M429.74M449.11M447.61M
OpEx % of Revenue1.32%1.21%1.19%1.17%1.19%1.16%1.04%0.96%
Selling, General & Admin71.7M104.03M148.32M184.59M239.06M294.86M309.34M306.12M
SG&A % of Revenue0.9%0.88%0.89%0.86%0.85%0.8%0.72%0.65%
Research & Development33.53M38.86M49.01M64.57M95.69M134.88M139.77M141.49M
R&D % of Revenue0.42%0.33%0.29%0.3%0.34%0.36%0.32%0.3%
Other Operating Expenses682K1.03M203K-794K-2.76M-19K00
Operating Income+-38.32M-42.32M-55.56M-66.28M-101.71M-129.38M-96.25M-59.77M
Operating Margin %-0.48%-0.36%-0.33%-0.31%-0.36%-0.35%-0.22%-0.13%
Operating Income Growth %--0.1%-0.31%-0.19%-0.53%-0.27%0.26%0.38%
EBITDA+-36.97M-36.13M-53.36M-45.64M-88.89M-88.63M-76.09M-39.17M
EBITDA Margin %-0.46%-0.31%-0.32%-0.21%-0.32%-0.24%-0.18%-0.08%
EBITDA Growth %-0.02%-0.48%0.14%-0.95%0%0.14%0.49%
D&A (Non-Cash Add-back)1.35M6.19M2.2M20.64M12.82M40.75M20.15M20.6M
EBIT-37.26M-40.04M-49.66M-63.55M-103.33M-126.47M-72.96M-32.49M
Net Interest Income+-331K1.25M5.69M-5.73M-2.45M-668K15.6M18.23M
Interest Income371K1.25M5.69M4.23M2.95M4.76M22.1M27.49M
Interest Expense702K009.96M5.4M5.43M6.5M9.26M
Other Income/Expense351K2.28M5.89M-6.53M-5.21M-687K18.87M18.02M
Pretax Income+-37.97M-40.04M-49.66M-72.81M-106.92M-130.06M-77.38M-41.75M
Pretax Margin %-0.48%-0.34%-0.3%-0.34%-0.38%-0.35%-0.18%-0.09%
Income Tax+184K701K675K-3.91M535K-839K-12K1.78M
Effective Tax Rate %1%1.02%1.01%0.95%1.01%0.99%1.06%1.02%
Net Income+-38.15M-40.74M-50.34M-68.9M-107.45M-129.22M-81.76M-42.73M
Net Margin %-0.48%-0.35%-0.3%-0.32%-0.38%-0.35%-0.19%-0.09%
Net Income Growth %--0.07%-0.24%-0.37%-0.56%-0.2%0.37%0.48%
Net Income (Continuing)-38.15M-40.74M-50.34M-68.9M-107.45M-129.22M-77.37M-43.54M
Discontinued Operations00000000
Minority Interest000001.11M7.29M18.22M
EPS (Diluted)+-0.63-0.55-0.77-0.87-1.27-1.46-0.89-0.59
EPS Growth %-0.13%-0.4%-0.13%-0.46%-0.15%0.39%0.34%
EPS (Basic)-0.63-0.55-0.77-0.87-1.27-1.46-0.89-0.59
Diluted Shares Outstanding60.12M73.61M65.54M79.61M84.51M88.72M92.34M92M
Basic Shares Outstanding60.12M73.61M65.54M79.61M84.51M88.72M92.34M92M
Dividend Payout Ratio--------

Balance Sheet

Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025
Total Current Assets+69.81M172.84M404.99M638.31M645.08M600.34M703.2M691.93M
Cash & Short-Term Investments44M127.88M351.4M560.28M543.36M476.97M571.19M570.83M
Cash Only44M127.88M124.02M339.17M349.79M274.02M363.01M346.46M
Short-Term Investments00227.38M221.11M193.57M202.95M208.18M224.37M
Accounts Receivable18.89M33.54M37.13M55.12M75.28M91.34M100.41M107.35M
Days Sales Outstanding86.58103.981.4694.2197.6489.9285.183.81
Inventory00000000
Days Inventory Outstanding--------
Other Current Assets3.02M6M9.3M12.33M16.67M32.02M19.5M13.76M
Total Non-Current Assets+11.56M24.4M30.41M157.13M161.36M217.54M222.11M235.33M
Property, Plant & Equipment3.27M5.77M12.37M37.33M38.46M32.37M21.42M28.14M
Fixed Asset Turnover24.34x20.41x13.45x5.72x7.32x11.45x20.11x16.61x
Goodwill00072.13M72.13M118.86M137.4M137.4M
Intangible Assets00026.63M23.13M37.22M32.62M20.86M
Long-Term Investments2.45M2.45M00193.57M000
Other Non-Current Assets5.83M16.18M18.04M21.04M-165.92M29.08M30.67M48.93M
Total Assets+81.37M197.23M435.4M795.44M806.45M817.87M925.31M927.27M
Asset Turnover0.98x0.60x0.38x0.27x0.35x0.45x0.47x0.50x
Asset Growth %-1.42%1.21%0.83%0.01%0.01%0.13%0%
Total Current Liabilities+50.83M88.81M115.03M172.69M226.99M271.08M281.65M369.16M
Accounts Payable4.19M5.6M6.43M5.75M9.51M7.4M6.24M7.33M
Days Payables Outstanding120.35118.5295.5568.3671.7438.3429.2733.58
Short-Term Debt0005.26M5.64M5.9M6.18M60.73M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities4.45M8.94M6.24M8.28M12.58M10.09M14.46M17.07M
Current Ratio1.37x1.95x3.52x3.70x2.84x2.21x2.50x1.87x
Quick Ratio1.37x1.95x3.52x3.70x2.84x2.21x2.50x1.87x
Cash Conversion Cycle--------
Total Non-Current Liabilities+86.9M4.33M12.43M256.02M312.48M304.71M464.76M410.06M
Long-Term Debt000217.53M281.07M282.91M448.03M393.28M
Capital Lease Obligations00026.54M20.91M12.7M6.81M9.64M
Deferred Tax Liabilities00000000
Other Non-Current Liabilities85.69M4.18M7.35M5.67M3.16M4.18M5.28M4.66M
Total Liabilities137.73M93.14M127.46M428.72M539.47M575.79M746.41M779.22M
Total Debt+000249.33M307.62M301.52M461.02M463.65M
Net Debt-44M-127.88M-124.02M-89.83M-42.17M27.5M98.01M117.19M
Debt / Equity---0.68x1.15x1.25x2.58x3.13x
Debt / EBITDA--------
Net Debt / EBITDA--------
Interest Coverage-54.58x---6.65x-18.84x-23.81x-14.81x-6.46x
Total Equity+-56.37M104.09M307.94M366.73M266.98M242.09M178.89M148.04M
Equity Growth %-2.85%1.96%0.19%-0.27%-0.09%-0.26%-0.17%
Book Value per Share-0.941.414.704.613.162.731.941.61
Total Shareholders' Equity-56.37M104.09M307.94M366.73M266.98M240.98M171.6M129.83M
Common Stock00000000
Retained Earnings-88.13M-128.87M-179.21M-248.11M-348.82M-477.25M-552.43M-595.17M
Treasury Stock000000-50M0
Accumulated OCI-3.73M0137K343K-669K-1.59M-733K-485K
Minority Interest000001.11M7.29M18.22M

Cash Flow

Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025
Cash from Operations+-11.84M-5.61M-173K10.1M-6.02M16.98M71.97M117.89M
Operating CF Margin %-0.15%-0.05%-0%0.05%-0.02%0.05%0.17%0.25%
Operating CF Growth %-0.53%0.97%59.35%-1.6%3.82%3.24%0.64%
Net Income-38.15M-40.74M-50.34M-68.9M-107.45M-129.22M-81.76M-54.46M
Depreciation & Amortization1.35M1.69M2.34M5.27M8.36M17.43M40.72M20.6M
Stock-Based Compensation18.15M19.08M27.2M43.23M70.03M109.91M127.15M126.21M
Deferred Taxes728K7.66M000-1.33M00
Other Non-Cash Items3.91M4.5M7.45M25.7M24.96M27M12.35M34.15M
Working Capital Changes2.17M2.21M13.18M4.8M-1.92M-6.8M-26.5M-8.62M
Change in Receivables-10.14M-15.46M-3.6M-17.64M-21.59M-16.59M-10.66M-8.04M
Change in Inventory-2.6M-983K1.56M-6.91M0000
Change in Payables2.5M1.36M-1.11M316K2.9M-1.47M-1.45M1.14M
Cash from Investing+-822K-4.12M-232.07M-49.32M17.38M-86.17M-30.52M-19.97M
Capital Expenditures-822K-4.12M-5.17M-4.85M-6.81M-8.47M-2.16M-9.48M
CapEx % of Revenue0.01%0.03%0.03%0.02%0.02%0.02%0.01%0.02%
Acquisitions--------
Investments--------
Other Investing0-389K17.95M4.37M20.99M-1.84M-5.38M0
Cash from Financing+45.43M93.6M225.94M254.37M-736K-6.41M51.6M-116.14M
Debt Issued (Net)--------
Equity Issued (Net)--------
Dividends Paid00000000
Share Repurchases--------
Other Financing1.96M3.78M499K20.08M-736K-6.41M-65.56M-28.96M
Net Change in Cash--------
Free Cash Flow+-12.66M-9.73M-5.35M5.25M-12.83M8.51M64.43M108.41M
FCF Margin %-0.16%-0.08%-0.03%0.02%-0.05%0.02%0.15%0.23%
FCF Growth %-0.23%0.45%1.98%-3.45%1.66%6.57%0.68%
FCF per Share-0.21-0.13-0.080.07-0.150.100.701.18
FCF Conversion (FCF/Net Income)0.31x0.14x0.00x-0.15x0.06x-0.13x-0.88x-2.76x
Interest Paid0004K1.8M3.59M2.97M6.79M
Taxes Paid0001.86M324K168K908K813K

Key Ratios

Metric20182019202020212022202320242025
Return on Equity (ROE)--170.72%-24.43%-20.43%-33.91%-50.77%-38.84%-26.14%
Return on Invested Capital (ROIC)---52.04%-21.58%-30.41%-39.25%-26.42%-16.54%
Gross Margin84.03%85.36%85.22%85.63%82.81%81%81.93%82.96%
Net Margin-47.91%-34.58%-30.26%-32.26%-38.19%-34.85%-18.98%-9.14%
Debt / Equity---0.68x1.15x1.25x2.58x3.13x
Interest Coverage-54.58x---6.65x-18.84x-23.81x-14.81x-6.46x
FCF Conversion0.31x0.14x0.00x-0.15x0.06x-0.13x-0.88x-2.76x
Revenue Growth-47.96%41.19%28.38%31.77%31.77%16.16%8.54%

Revenue by Geography

202020212022202320242025
UNITED STATES129.73M163.31M212.83M283.27M312.17M337.58M
UNITED STATES Growth-25.89%30.32%33.10%10.20%8.14%
Non-US36.62M50.24M68.57M87.53M118.53M129.92M
Non-US Growth-37.19%36.47%27.65%35.43%9.60%

Frequently Asked Questions

Growth & Financials

PagerDuty, Inc. (PD) reported $489.2M in revenue for fiscal year 2025. This represents a 514% increase from $79.6M in 2018.

PagerDuty, Inc. (PD) grew revenue by 8.5% over the past year. This is steady growth.

Yes, PagerDuty, Inc. (PD) is profitable, generating $152.2M in net income for fiscal year 2025 (-9.1% net margin).

Dividend & Returns

PagerDuty, Inc. (PD) has a return on equity (ROE) of -26.1%. Negative ROE indicates the company is unprofitable.

PagerDuty, Inc. (PD) generated $114.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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