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Side-by-side financial comparison of Emerald Holding, Inc. (EEX) and PagerDuty, Inc. (PD). Click either name above to swap in a different company.
Emerald Holding, Inc. is the larger business by last-quarter revenue ($132.7M vs $124.5M, roughly 1.1× PagerDuty, Inc.). PagerDuty, Inc. runs the higher net margin — 129.7% vs -22.8%, a 152.5% gap on every dollar of revenue. On growth, Emerald Holding, Inc. posted the faster year-over-year revenue change (24.3% vs 4.7%). PagerDuty, Inc. produced more free cash flow last quarter ($24.1M vs $11.7M). Over the past eight quarters, PagerDuty, Inc.'s revenue compounded faster (5.9% CAGR vs -0.3%).
TVS Emerald Haven Realty Limited is an Indian real estate development company headquartered in Chennai, Tamil Nadu. A subsidiary of TVS Holdings, it specializes in sustainable residential communities and urban development projects.
PagerDuty, Inc. is an American cloud computing company specializing in a SaaS incident management platform for IT operations departments.
EEX vs PD — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $132.7M | $124.5M |
| Net Profit | $-30.2M | $161.6M |
| Gross Margin | — | 85.3% |
| Operating Margin | -11.8% | 6.5% |
| Net Margin | -22.8% | 129.7% |
| Revenue YoY | 24.3% | 4.7% |
| Net Profit YoY | -692.2% | 2827.7% |
| EPS (diluted) | $-0.15 | $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 | $132.7M | $124.5M | ||
| Q3 25 | $77.5M | $123.4M | ||
| Q2 25 | $105.5M | $119.8M | ||
| Q1 25 | $147.7M | $121.4M | ||
| Q4 24 | $106.8M | $118.9M | ||
| Q3 24 | $72.6M | $115.9M | ||
| Q2 24 | $86.0M | $111.2M | ||
| Q1 24 | $133.4M | $111.1M |
| Q4 25 | $-30.2M | $161.6M | ||
| Q3 25 | $-14.4M | $9.6M | ||
| Q2 25 | $-1.4M | $-7.2M | ||
| Q1 25 | $15.3M | $-8.8M | ||
| Q4 24 | $5.1M | $-5.9M | ||
| Q3 24 | $-11.1M | $-10.9M | ||
| Q2 24 | $-2.8M | $-17.1M | ||
| Q1 24 | $11.0M | $-28.2M |
| 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% |
| Q4 25 | -11.8% | 6.5% | ||
| Q3 25 | -10.1% | 2.9% | ||
| Q2 25 | 9.7% | -8.6% | ||
| Q1 25 | 24.2% | -9.6% | ||
| Q4 24 | 19.5% | -8.7% | ||
| Q3 24 | -6.5% | -13.8% | ||
| Q2 24 | 7.4% | -19.5% | ||
| Q1 24 | 18.2% | -30.1% |
| Q4 25 | -22.8% | 129.7% | ||
| Q3 25 | -18.6% | 7.8% | ||
| Q2 25 | -1.3% | -6.0% | ||
| Q1 25 | 10.4% | -7.2% | ||
| Q4 24 | 4.8% | -5.0% | ||
| Q3 24 | -15.3% | -9.4% | ||
| Q2 24 | -3.3% | -15.4% | ||
| Q1 24 | 8.2% | -25.3% |
| Q4 25 | $-0.15 | $1.69 | ||
| Q3 25 | $-0.07 | $0.10 | ||
| Q2 25 | $-0.01 | $-0.07 | ||
| Q1 25 | $0.08 | $-0.12 | ||
| Q4 24 | $0.01 | $-0.07 | ||
| Q3 24 | $-0.05 | $-0.14 | ||
| Q2 24 | $-0.03 | $-0.26 | ||
| Q1 24 | $0.00 | $-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 | $100.9M | $547.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $338.8M | $320.5M |
| Total Assets | $1.2B | $1.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $100.9M | $547.8M | ||
| Q3 25 | $95.4M | $567.9M | ||
| Q2 25 | $156.4M | $597.1M | ||
| Q1 25 | $276.8M | $570.8M | ||
| Q4 24 | $194.8M | $542.2M | ||
| Q3 24 | $188.9M | $599.3M | ||
| Q2 24 | $193.2M | $592.8M | ||
| Q1 24 | $186.8M | $571.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $484.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $489.5M |
| Q4 25 | $338.8M | $320.5M | ||
| Q3 25 | $369.5M | $180.7M | ||
| Q2 25 | $389.4M | $145.7M | ||
| Q1 25 | $392.1M | $129.8M | ||
| Q4 24 | $385.9M | $111.6M | ||
| Q3 24 | $391.1M | $164.7M | ||
| Q2 24 | $407.6M | $174.0M | ||
| Q1 24 | $-90.7M | $171.6M |
| Q4 25 | $1.2B | $1.0B | ||
| Q3 25 | $1.2B | $891.5M | ||
| Q2 25 | $1.2B | $926.8M | ||
| Q1 25 | $1.2B | $927.3M | ||
| Q4 24 | $1.0B | $866.8M | ||
| Q3 24 | $1.1B | $916.0M | ||
| Q2 24 | $1.1B | $924.0M | ||
| Q1 24 | $1.1B | $925.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 3.73× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 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 | $12.3M | $24.8M |
| Free Cash FlowOCF − Capex | $11.7M | $24.1M |
| FCF MarginFCF / Revenue | 8.8% | 19.3% |
| Capex IntensityCapex / Revenue | 0.5% | 0.6% |
| Cash ConversionOCF / Net Profit | — | 0.15× |
| TTM Free Cash FlowTrailing 4 quarters | $41.4M | $117.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.3M | $24.8M | ||
| Q3 25 | $1.8M | $34.0M | ||
| Q2 25 | $15.9M | $30.7M | ||
| Q1 25 | $12.6M | $31.4M | ||
| Q4 24 | $20.6M | $22.1M | ||
| Q3 24 | $9.1M | $35.8M | ||
| Q2 24 | $9.8M | $28.6M | ||
| Q1 24 | $7.3M | $22.2M |
| Q4 25 | $11.7M | $24.1M | ||
| Q3 25 | $1.5M | $33.1M | ||
| Q2 25 | $15.8M | $30.2M | ||
| Q1 25 | $12.4M | $30.3M | ||
| Q4 24 | $19.9M | $21.5M | ||
| Q3 24 | $9.0M | $35.1M | ||
| Q2 24 | $9.6M | $28.2M | ||
| Q1 24 | $7.0M | $21.2M |
| Q4 25 | 8.8% | 19.3% | ||
| Q3 25 | 1.9% | 26.8% | ||
| Q2 25 | 15.0% | 25.2% | ||
| Q1 25 | 8.4% | 24.9% | ||
| Q4 24 | 18.6% | 18.1% | ||
| Q3 24 | 12.4% | 30.3% | ||
| Q2 24 | 11.2% | 25.4% | ||
| Q1 24 | 5.2% | 19.1% |
| Q4 25 | 0.5% | 0.6% | ||
| Q3 25 | 0.4% | 0.7% | ||
| Q2 25 | 0.1% | 0.4% | ||
| Q1 25 | 0.1% | 0.9% | ||
| Q4 24 | 0.7% | 0.5% | ||
| Q3 24 | 0.1% | 0.5% | ||
| Q2 24 | 0.2% | 0.4% | ||
| Q1 24 | 0.2% | 0.9% |
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 3.55× | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.82× | — | ||
| Q4 24 | 4.04× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.66× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EEX
| Connections Segment | $121.9M | 92% |
| Commerce Segment | $5.5M | 4% |
| Content | $5.3M | 4% |
PD
| US | $88.8M | 71% |
| Non Us | $35.7M | 29% |
