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Side-by-side financial comparison of Claritev Corp (CTEV) and PagerDuty, Inc. (PD). Click either name above to swap in a different company.

Claritev Corp is the larger business by last-quarter revenue ($246.6M vs $124.5M, roughly 2.0× PagerDuty, Inc.). PagerDuty, Inc. runs the higher net margin — 129.7% vs -32.7%, a 162.4% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs 4.7%). Claritev Corp produced more free cash flow last quarter ($36.4M vs $24.1M). Over the past eight quarters, PagerDuty, Inc.'s revenue compounded faster (5.9% CAGR vs 2.5%).

PagerDuty, Inc. is an American cloud computing company specializing in a SaaS incident management platform for IT operations departments.

CTEV vs PD — Head-to-Head

Bigger by revenue
CTEV
CTEV
2.0× larger
CTEV
$246.6M
$124.5M
PD
Growing faster (revenue YoY)
CTEV
CTEV
+1.5% gap
CTEV
6.2%
4.7%
PD
Higher net margin
PD
PD
162.4% more per $
PD
129.7%
-32.7%
CTEV
More free cash flow
CTEV
CTEV
$12.3M more FCF
CTEV
$36.4M
$24.1M
PD
Faster 2-yr revenue CAGR
PD
PD
Annualised
PD
5.9%
2.5%
CTEV

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CTEV
CTEV
PD
PD
Revenue
$246.6M
$124.5M
Net Profit
$-80.6M
$161.6M
Gross Margin
85.3%
Operating Margin
-3.1%
6.5%
Net Margin
-32.7%
129.7%
Revenue YoY
6.2%
4.7%
Net Profit YoY
41.6%
2827.7%
EPS (diluted)
$-4.88
$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.

Revenue
CTEV
CTEV
PD
PD
Q4 25
$246.6M
$124.5M
Q3 25
$246.0M
$123.4M
Q2 25
$241.6M
$119.8M
Q1 25
$231.3M
$121.4M
Q4 24
$232.1M
$118.9M
Q3 24
$230.5M
$115.9M
Q2 24
$233.5M
$111.2M
Q1 24
$234.5M
$111.1M
Net Profit
CTEV
CTEV
PD
PD
Q4 25
$-80.6M
$161.6M
Q3 25
$-69.8M
$9.6M
Q2 25
$-62.6M
$-7.2M
Q1 25
$-71.3M
$-8.8M
Q4 24
$-138.0M
$-5.9M
Q3 24
$-391.4M
$-10.9M
Q2 24
$-576.7M
$-17.1M
Q1 24
$-539.7M
$-28.2M
Gross Margin
CTEV
CTEV
PD
PD
Q4 25
85.3%
Q3 25
84.6%
Q2 25
84.0%
Q1 25
83.6%
Q4 24
83.0%
Q3 24
82.7%
Q2 24
82.6%
Q1 24
81.7%
Operating Margin
CTEV
CTEV
PD
PD
Q4 25
-3.1%
6.5%
Q3 25
4.1%
2.9%
Q2 25
6.9%
-8.6%
Q1 25
4.2%
-9.6%
Q4 24
-17.8%
-8.7%
Q3 24
-146.7%
-13.8%
Q2 24
-224.4%
-19.5%
Q1 24
-207.4%
-30.1%
Net Margin
CTEV
CTEV
PD
PD
Q4 25
-32.7%
129.7%
Q3 25
-28.4%
7.8%
Q2 25
-25.9%
-6.0%
Q1 25
-30.8%
-7.2%
Q4 24
-59.4%
-5.0%
Q3 24
-169.8%
-9.4%
Q2 24
-247.0%
-15.4%
Q1 24
-230.1%
-25.3%
EPS (diluted)
CTEV
CTEV
PD
PD
Q4 25
$-4.88
$1.69
Q3 25
$-4.23
$0.10
Q2 25
$-3.81
$-0.07
Q1 25
$-4.38
$-0.12
Q4 24
$-8.49
$-0.07
Q3 24
$-24.25
$-0.14
Q2 24
$-35.78
$-0.26
Q1 24
$-33.40
$-0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTEV
CTEV
PD
PD
Cash + ST InvestmentsLiquidity on hand
$16.8M
$547.8M
Total DebtLower is stronger
$4.6B
Stockholders' EquityBook value
$-173.9M
$320.5M
Total Assets
$4.9B
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTEV
CTEV
PD
PD
Q4 25
$16.8M
$547.8M
Q3 25
$39.2M
$567.9M
Q2 25
$56.4M
$597.1M
Q1 25
$23.1M
$570.8M
Q4 24
$16.8M
$542.2M
Q3 24
$86.6M
$599.3M
Q2 24
$48.8M
$592.8M
Q1 24
$58.7M
$571.2M
Total Debt
CTEV
CTEV
PD
PD
Q4 25
$4.6B
Q3 25
$4.5B
Q2 25
$4.5B
Q1 25
$4.5B
$484.5M
Q4 24
$4.5B
Q3 24
$4.5B
Q2 24
$4.5B
Q1 24
$4.5B
$489.5M
Stockholders' Equity
CTEV
CTEV
PD
PD
Q4 25
$-173.9M
$320.5M
Q3 25
$-101.8M
$180.7M
Q2 25
$-39.9M
$145.7M
Q1 25
$14.8M
$129.8M
Q4 24
$84.0M
$111.6M
Q3 24
$207.6M
$164.7M
Q2 24
$603.4M
$174.0M
Q1 24
$1.2B
$171.6M
Total Assets
CTEV
CTEV
PD
PD
Q4 25
$4.9B
$1.0B
Q3 25
$5.0B
$891.5M
Q2 25
$5.1B
$926.8M
Q1 25
$5.1B
$927.3M
Q4 24
$5.2B
$866.8M
Q3 24
$5.3B
$916.0M
Q2 24
$5.7B
$924.0M
Q1 24
$6.4B
$925.3M
Debt / Equity
CTEV
CTEV
PD
PD
Q4 25
Q3 25
Q2 25
Q1 25
304.87×
3.73×
Q4 24
53.67×
Q3 24
21.73×
Q2 24
7.48×
Q1 24
3.85×
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
CTEV
CTEV
PD
PD
Operating Cash FlowLast quarter
$66.3M
$24.8M
Free Cash FlowOCF − Capex
$36.4M
$24.1M
FCF MarginFCF / Revenue
14.8%
19.3%
Capex IntensityCapex / Revenue
12.1%
0.6%
Cash ConversionOCF / Net Profit
0.15×
TTM Free Cash FlowTrailing 4 quarters
$-12.3M
$117.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTEV
CTEV
PD
PD
Q4 25
$66.3M
$24.8M
Q3 25
$19.9M
$34.0M
Q2 25
$61.2M
$30.7M
Q1 25
$-30.1M
$31.4M
Q4 24
$-33.4M
$22.1M
Q3 24
$72.8M
$35.8M
Q2 24
$18.5M
$28.6M
Q1 24
$49.7M
$22.2M
Free Cash Flow
CTEV
CTEV
PD
PD
Q4 25
$36.4M
$24.1M
Q3 25
$-16.3M
$33.1M
Q2 25
$36.6M
$30.2M
Q1 25
$-68.9M
$30.3M
Q4 24
$-63.8M
$21.5M
Q3 24
$41.1M
$35.1M
Q2 24
$-7.0M
$28.2M
Q1 24
$19.2M
$21.2M
FCF Margin
CTEV
CTEV
PD
PD
Q4 25
14.8%
19.3%
Q3 25
-6.6%
26.8%
Q2 25
15.2%
25.2%
Q1 25
-29.8%
24.9%
Q4 24
-27.5%
18.1%
Q3 24
17.8%
30.3%
Q2 24
-3.0%
25.4%
Q1 24
8.2%
19.1%
Capex Intensity
CTEV
CTEV
PD
PD
Q4 25
12.1%
0.6%
Q3 25
14.7%
0.7%
Q2 25
10.2%
0.4%
Q1 25
16.8%
0.9%
Q4 24
13.1%
0.5%
Q3 24
13.8%
0.5%
Q2 24
10.9%
0.4%
Q1 24
13.0%
0.9%
Cash Conversion
CTEV
CTEV
PD
PD
Q4 25
0.15×
Q3 25
3.55×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CTEV
CTEV

Segment breakdown not available.

PD
PD

US$88.8M71%
Non Us$35.7M29%

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