What is PagerDuty's R&D?

PagerDuty (PD) reported R&D of $29.99M in Q1 2026.

How has PagerDuty's R&D changed year-over-year?

PagerDuty's R&D decreased by 11.9% year-over-year, from $34.05M to $29.99M.

What is the long-term trend for PagerDuty's R&D?

Over 4 years (2022 to 2026), PagerDuty's R&D has grown at a 7.3% compound annual growth rate (CAGR), from $95.69M to $126.94M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

PagerDuty PD R&D

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Other financials

Income statement

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Revenue$121.0M+1.0%

Gross profit$101.9M+1.3%

Operating income$9.2M+189%

Net income$5.3M+174%

EPS (diluted)$0.13+286%

Balance sheet

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Cash & equivalents$57.2M+16.8%

Total debt$16.4M-76.5%

Total equity$216.5M+48.7%

Total assets$936.6M+1.1%

Cash flow

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Operating cash flow$44.3M+44.4%

CapEx$965.0K+119%

Free cash flow$43.3M+43.3%

Valuation

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Market cap$660.17M-48.5%

Enterprise value$619.36M-52.5%

P/E3.6×—

P/S1.3×-1.4×

Profitability

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Gross margin85%+1.7pp

Operating margin5.1%+3.1pp

Net margin37.6%+32.6pp

FCF margin25.3%+0.7pp

Returns & leverage

See full

Return on equity102.6%+88.0pp

Debt / equity0.1×-0.4×

Current ratio1.9×-0.1×

Where this comes from

Reported directly by PagerDuty in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: PagerDuty’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PagerDuty's R&D?: PagerDuty (PD) reported R&D of $29.99M in Q1 2026.
How has PagerDuty's R&D changed year-over-year?: PagerDuty's R&D decreased by 11.9% year-over-year, from $34.05M to $29.99M.
What is the long-term trend for PagerDuty's R&D?: Over 4 years (2022 to 2026), PagerDuty's R&D has grown at a 7.3% compound annual growth rate (CAGR), from $95.69M to $126.94M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.