Does PAGERDUTY, INC. have an economic moat?

Based on its FY2026 SEC filings, the Moat Index scores PAGERDUTY, INC. (PD) 38.8 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 100, returns on capital 0, balance-sheet safety 0, capital discipline 44.

How has PD's Moat Score changed over time?

The record logs 2 readings since Jul 17, 2026; the latest reads 38.8 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

The Moat Index

PAGERDUTY, INC.

PD · Technology · $871.5M mkt cap · FY2026 filings · No moat ·

Doesn't clear the bar

No moat

The four filters

Pricing power100

Median gross margin 84.0% over 9y, very stable.

Returns on capital0

Median ROIC -23.9%, above the 9% hurdle in 0% of years.

Balance-sheet safety0

Net debt/EBITDA 9.7x, interest coverage 1x.

Capital discipline44

Owner earnings trend unclear, share count n/a.

Margin of safety

Above valueOn sale

No price data

Owner earnings (normalized): —
Est. intrinsic value / share: —
Recent price: $10.30
Discount to value: No price data

Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

Fundamentals

There's no normalized fundamentals series for PD yet — it appears once ingest has processed its filings.

Moat Score history

Moat Score over timeLast scored reading of each day, on the 0–100 scale38.8 / 100

Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

None yet — PD has read No moat for every logged capture since Jul 17, 2026.

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

Technology context

#330 of 532 scored Technology companies, ranked by Moat Score.

Nearest peers by Moat Score

#328MAX MediaAlpha, Inc.39.3 out of 100, No moatNo moat
#329ASFH ASIAFIN HOLDINGS CORP.38.9 out of 100, No moatNo moat
#331ESP ESPEY MFG. & ELECTRONICS CORP.38.7 out of 100, No moatNo moat
#332RBBN RIBBON COMMUNICATIONS INC.38.6 out of 100, No moatNo moat

Compare PD with its nearest peers →All Technology companies on the Index →

Common questions about PD

Does PAGERDUTY, INC. have an economic moat?: Based on its FY2026 SEC filings, the Moat Index scores PAGERDUTY, INC. (PD) 38.8 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 100, returns on capital 0, balance-sheet safety 0, capital discipline 44.
How has PD's Moat Score changed over time?: The record logs 2 readings since Jul 17, 2026; the latest reads 38.8 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

Embed this score on your site

One iframe, no script. The badge shows PD’s live Moat Score, updates itself as new filings are scored, and links back here. How it works.

<iframe
  src="https://buylikebuffett.com/embed/PD"
  width="340" height="150" style="border:0"
  title="PD Moat Score — The Moat Index"
  loading="lazy"></iframe>

Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell PD. See the disclaimer.