PagerDuty, Inc.(PD)Stock Analysis
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Rank #515 of 2,879 stocksTOP 25%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
PD Stock Analysis & AI Quality Score
AI stock analysis and institutional research for PagerDuty, Inc. (PD), a Technology sector company. 13F Pro's AI-powered ranking engine scores PD at 66.6/100 on a 32-signal composite quality model, placing it at rank #515 of 2,879 stocks — the top 25% of the AI-ranked universe. PD scores in the top quartile across balance sheet strength (94.8), profitability (93.2), free cash flow (83.7). Areas of concern include earnings quality (30.0) and revenue scale (36.6), which score below median versus the broader universe. Shareholder dilution risk is elevated at 9.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2027), PagerDuty, Inc. reports quarterly revenue of $121.0M, net income of $5.3M, an operating margin of 7.6%. Top institutional holders of PD by reported 13-F value include Lynrock Lake, BlackRock,, Context Capital Management,, based on the most recent SEC filings. PD trades on the NYSE exchange and files with the SEC under CIK 1568100. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PD daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for PagerDuty, Inc. directly from SEC EDGAR. PagerDuty, Inc.'s 13F Pro composite quality score has ranged between 8 and 73 since 2021, currently 66.6 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
Revenue
Q1 2027
$121.0M
Net Income
Q1 2027
$5.3M
Free Cash Flow
Q1 2027
$43.3M
Operating Margin
Q1 2027
7.6%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+16.2% YoYNet Income
+41.8% YoYOperating Income
+25.6% YoYEPS (Diluted)
+38.6% YoYTotal Assets
+13.1% YoYTotal Debt
+65.1% YoYOp. Cash Flow
+323.9% YoY| Metric | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | $430.7M +16.2% | $370.8M +73.6% | $213.6M +28.4% | $166.4M +41.2% | $117.8M +48.0% | $79.6M |
| Net Income | $-75.2M +41.8% | $-129.2M -87.5% | $-68.9M -36.9% | $-50.3M -23.6% | $-40.7M -6.8% | $-38.1M |
| Operating Income | $-96.2M +25.6% | $-129.4M -95.2% | $-66.3M -19.3% | $-55.6M -31.3% | $-42.3M -10.5% | $-38.3M |
| EPS (Diluted) | $-0.89 +38.6% | $-1.45 -66.7% | $-0.87 -13.0% | $-0.77 | — | — |
| Total Assets | $925.3M +13.1% | $817.9M +2.8% | $795.4M +82.7% | $435.4M +120.8% | $197.2M | — |
| Total Debt | $489.5M +65.1% | $296.5M -2.4% | $303.7M | — | — | — |
| Operating Cash Flow | $72.0M +323.9% | $17.0M +68.2% | $10.1M +5935.3% | $-173.0K +96.9% | $-5.6M +52.6% | $-11.8M |
AI Insight: PD Financial Trends
PagerDuty swung to sustained profitability in late 2025, but Q2 2026 revenue declined while debt resurged.
• Net income inflected from -$11M loss (Q3 2024) to +$10M profit (Q3 2025), then +$162M (Q4 2025), stabilizing at +$5M–$9M in 2026.
• Operating income improved from -$16M (Q3 2024) to +$4M–$9M range (Q3 2025–Q2 2026), marking sustained operational turn.
• Revenue stalled at ~$121M–$125M for past three quarters after modest growth; Q2 2026 dipped to $121M, reversing prior trajectory.
• Total debt reappeared at $485M (Q1 2025) and $421M (Q1 2026), eroding equity multiples despite $254M equity base in Q1 2026.
⚠ Revenue growth stalled; Q2 2026 revenue fell to $121M from $125M prior quarter—first decline in two quarters.
⚠ Operating cash flow volatility: ranged $22M–$44M with no clear trend; Q2 2026 spike to $44M needs confirmation.
⚠ Debt-to-equity ratio spiked to 1.66x in Q1 2026 despite profitability; leverage structure warrants clarification.
AI Insight: PD Ratio Trends
PagerDuty swung from deep losses to operating profitability, with OpMargin reaching 7.6% in Q2 2026 versus -13.8% in Q3 2024.
• Operating margin improved 21.4pp from Q3 2024 (-13.8%) to Q2 2026 (7.6%), signaling structural cost control progress.
• ROIC recovered from -38.9% in Q3 2024 to 17.0% in Q2 2026, demonstrating capital efficiency gain.
• Leverage halved from 3.73x D/E in Q1 2025 to 1.66x in Q1 2026, strengthening balance sheet.
⚠ Q4 2025 NPM spike to 129.7% appears anomalous; Q2 2026 NPM collapsed to 4.4%, suggesting one-off timing or tax event.
⚠ TTM ROIC (11.7%) lags Q2 2026 spot (17.0%), indicating recent quarters underperformed prior-year comps.
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Top Institutional Holders of PD
Lynrock Lake LP
$200.6M221,717,000 shBlackRock, Inc.
$63.6M10,238,012 shContext Capital Management, LLC
$58.9M65,121,000 shVANGUARD PORTFOLIO MANAGEMENT LLC
$45.2M7,286,143 shEmpyrean Capital Partners, LP
$29.5M32,450,000 shD. E. Shaw & Co., Inc.
$24.7M3,984,495 shVANGUARD CAPITAL MANAGEMENT LLC
$24.0M3,858,510 shCalamos Advisors LLC
$15.8M17,466,000 shSTATE STREET CORP
$15.3M2,459,456 shAQR CAPITAL MANAGEMENT LLC
$14.5M2,340,022 sh
| Fund | Value | Shares |
|---|---|---|
| Lynrock Lake LP | $200.6M | 221,717,000 |
| BlackRock, Inc. | $63.6M | 10,238,012 |
| Context Capital Management, LLC | $58.9M | 65,121,000 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $45.2M | 7,286,143 |
| Empyrean Capital Partners, LP | $29.5M | 32,450,000 |
| D. E. Shaw & Co., Inc. | $24.7M | 3,984,495 |
| VANGUARD CAPITAL MANAGEMENT LLC | $24.0M | 3,858,510 |
| Calamos Advisors LLC | $15.8M | 17,466,000 |
| STATE STREET CORP | $15.3M | 2,459,456 |
| AQR CAPITAL MANAGEMENT LLC | $14.5M | 2,340,022 |
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Is PD a good stock to buy?
13F Pro's AI-powered analysis of PagerDuty, Inc. (PD) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for PD are available on the PD stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own PD?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling PD. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of PagerDuty, Inc.'s investment landscape.