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Side-by-side financial comparison of Clarus Corp (CLAR) and PagerDuty, Inc. (PD). Click either name above to swap in a different company.
PagerDuty, Inc. is the larger business by last-quarter revenue ($124.5M vs $65.4M, roughly 1.9× Clarus Corp). PagerDuty, Inc. runs the higher net margin — 129.7% vs -47.8%, a 177.5% gap on every dollar of revenue. On growth, PagerDuty, Inc. posted the faster year-over-year revenue change (4.7% vs -8.4%). PagerDuty, Inc. produced more free cash flow last quarter ($24.1M vs $11.6M). Over the past eight quarters, PagerDuty, Inc.'s revenue compounded faster (5.9% CAGR vs -2.9%).
Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.
PagerDuty, Inc. is an American cloud computing company specializing in a SaaS incident management platform for IT operations departments.
CLAR vs PD — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $65.4M | $124.5M |
| Net Profit | $-31.3M | $161.6M |
| Gross Margin | 27.7% | 85.3% |
| Operating Margin | -59.6% | 6.5% |
| Net Margin | -47.8% | 129.7% |
| Revenue YoY | -8.4% | 4.7% |
| Net Profit YoY | 52.3% | 2827.7% |
| EPS (diluted) | $-0.81 | $1.69 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $65.4M | $124.5M | ||
| Q3 25 | $69.3M | $123.4M | ||
| Q2 25 | $55.2M | $119.8M | ||
| Q1 25 | $60.4M | $121.4M | ||
| Q4 24 | $71.4M | $118.9M | ||
| Q3 24 | $67.1M | $115.9M | ||
| Q2 24 | $56.5M | $111.2M | ||
| Q1 24 | $69.3M | $111.1M |
| Q4 25 | $-31.3M | $161.6M | ||
| Q3 25 | $-1.6M | $9.6M | ||
| Q2 25 | $-8.4M | $-7.2M | ||
| Q1 25 | $-5.2M | $-8.8M | ||
| Q4 24 | $-65.5M | $-5.9M | ||
| Q3 24 | $-3.2M | $-10.9M | ||
| Q2 24 | $-5.5M | $-17.1M | ||
| Q1 24 | $21.9M | $-28.2M |
| Q4 25 | 27.7% | 85.3% | ||
| Q3 25 | 35.1% | 84.6% | ||
| Q2 25 | 35.6% | 84.0% | ||
| Q1 25 | 34.4% | 83.6% | ||
| Q4 24 | 33.4% | 83.0% | ||
| Q3 24 | 35.0% | 82.7% | ||
| Q2 24 | 36.1% | 82.6% | ||
| Q1 24 | 35.9% | 81.7% |
| Q4 25 | -59.6% | 6.5% | ||
| Q3 25 | -4.4% | 2.9% | ||
| Q2 25 | -19.7% | -8.6% | ||
| Q1 25 | -11.2% | -9.6% | ||
| Q4 24 | -70.2% | -8.7% | ||
| Q3 24 | -8.0% | -13.8% | ||
| Q2 24 | -14.4% | -19.5% | ||
| Q1 24 | -9.8% | -30.1% |
| Q4 25 | -47.8% | 129.7% | ||
| Q3 25 | -2.3% | 7.8% | ||
| Q2 25 | -15.3% | -6.0% | ||
| Q1 25 | -8.7% | -7.2% | ||
| Q4 24 | -91.8% | -5.0% | ||
| Q3 24 | -4.7% | -9.4% | ||
| Q2 24 | -9.7% | -15.4% | ||
| Q1 24 | 31.6% | -25.3% |
| Q4 25 | $-0.81 | $1.69 | ||
| Q3 25 | $-0.04 | $0.10 | ||
| Q2 25 | $-0.22 | $-0.07 | ||
| Q1 25 | $-0.14 | $-0.12 | ||
| Q4 24 | $-1.72 | $-0.07 | ||
| Q3 24 | $-0.08 | $-0.14 | ||
| Q2 24 | $-0.14 | $-0.26 | ||
| Q1 24 | $0.57 | $-0.34 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $36.7M | $547.8M |
| Total DebtLower is stronger | $0 | — |
| Stockholders' EquityBook value | $196.4M | $320.5M |
| Total Assets | $249.0M | $1.0B |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.7M | $547.8M | ||
| Q3 25 | $29.5M | $567.9M | ||
| Q2 25 | $28.5M | $597.1M | ||
| Q1 25 | $41.3M | $570.8M | ||
| Q4 24 | $45.4M | $542.2M | ||
| Q3 24 | $36.4M | $599.3M | ||
| Q2 24 | $46.2M | $592.8M | ||
| Q1 24 | $47.5M | $571.2M |
| Q4 25 | $0 | — | ||
| Q3 25 | $2.0M | — | ||
| Q2 25 | $1.9M | — | ||
| Q1 25 | $1.9M | $484.5M | ||
| Q4 24 | $1.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $37.0K | $489.5M |
| Q4 25 | $196.4M | $320.5M | ||
| Q3 25 | $225.8M | $180.7M | ||
| Q2 25 | $225.1M | $145.7M | ||
| Q1 25 | $229.3M | $129.8M | ||
| Q4 24 | $233.1M | $111.6M | ||
| Q3 24 | $308.5M | $164.7M | ||
| Q2 24 | $307.3M | $174.0M | ||
| Q1 24 | $310.4M | $171.6M |
| Q4 25 | $249.0M | $1.0B | ||
| Q3 25 | $283.1M | $891.5M | ||
| Q2 25 | $286.5M | $926.8M | ||
| Q1 25 | $292.8M | $927.3M | ||
| Q4 24 | $294.1M | $866.8M | ||
| Q3 24 | $375.3M | $916.0M | ||
| Q2 24 | $369.4M | $924.0M | ||
| Q1 24 | $377.0M | $925.3M |
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.01× | — | ||
| Q2 25 | 0.01× | — | ||
| Q1 25 | 0.01× | 3.73× | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.00× | 2.85× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $12.5M | $24.8M |
| Free Cash FlowOCF − Capex | $11.6M | $24.1M |
| FCF MarginFCF / Revenue | 17.7% | 19.3% |
| Capex IntensityCapex / Revenue | 1.4% | 0.6% |
| Cash ConversionOCF / Net Profit | — | 0.15× |
| TTM Free Cash FlowTrailing 4 quarters | $-9.9M | $117.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.5M | $24.8M | ||
| Q3 25 | $-5.7M | $34.0M | ||
| Q2 25 | $-9.4M | $30.7M | ||
| Q1 25 | $-2.1M | $31.4M | ||
| Q4 24 | $16.6M | $22.1M | ||
| Q3 24 | $-8.3M | $35.8M | ||
| Q2 24 | $834.0K | $28.6M | ||
| Q1 24 | $-16.4M | $22.2M |
| Q4 25 | $11.6M | $24.1M | ||
| Q3 25 | $-7.0M | $33.1M | ||
| Q2 25 | $-11.3M | $30.2M | ||
| Q1 25 | $-3.3M | $30.3M | ||
| Q4 24 | $14.4M | $21.5M | ||
| Q3 24 | $-9.4M | $35.1M | ||
| Q2 24 | $-744.0K | $28.2M | ||
| Q1 24 | $-18.3M | $21.2M |
| Q4 25 | 17.7% | 19.3% | ||
| Q3 25 | -10.0% | 26.8% | ||
| Q2 25 | -20.4% | 25.2% | ||
| Q1 25 | -5.4% | 24.9% | ||
| Q4 24 | 20.1% | 18.1% | ||
| Q3 24 | -14.0% | 30.3% | ||
| Q2 24 | -1.3% | 25.4% | ||
| Q1 24 | -26.3% | 19.1% |
| Q4 25 | 1.4% | 0.6% | ||
| Q3 25 | 1.8% | 0.7% | ||
| Q2 25 | 3.4% | 0.4% | ||
| Q1 25 | 2.0% | 0.9% | ||
| Q4 24 | 3.1% | 0.5% | ||
| Q3 24 | 1.6% | 0.5% | ||
| Q2 24 | 2.8% | 0.4% | ||
| Q1 24 | 2.7% | 0.9% |
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 3.55× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.75× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLAR
| Other | $37.1M | 57% |
| Outdoor Segment | $25.3M | 39% |
| Adventure Segment | $3.0M | 5% |
PD
| US | $88.8M | 71% |
| Non Us | $35.7M | 29% |
