vs

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

HighPeak Energy, Inc. is the larger business by last-quarter revenue ($216.6M vs $124.5M, roughly 1.7× PagerDuty, Inc.). PagerDuty, Inc. runs the higher net margin — 129.7% vs -11.6%, a 141.4% gap on every dollar of revenue. On growth, PagerDuty, Inc. posted the faster year-over-year revenue change (4.7% vs -23.3%). Over the past eight quarters, PagerDuty, Inc.'s revenue compounded faster (5.9% CAGR vs -13.2%).

Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company serves over 7 million customers in the eastern United States. In 2024 it ranked as the 141st largest company in the United States – its highest-ever placement on the Fortune 500 list.

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

HPK vs PD — Head-to-Head

Bigger by revenue
HPK
HPK
1.7× larger
HPK
$216.6M
$124.5M
PD
Growing faster (revenue YoY)
PD
PD
+28.0% gap
PD
4.7%
-23.3%
HPK
Higher net margin
PD
PD
141.4% more per $
PD
129.7%
-11.6%
HPK
Faster 2-yr revenue CAGR
PD
PD
Annualised
PD
5.9%
-13.2%
HPK

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
HPK
HPK
PD
PD
Revenue
$216.6M
$124.5M
Net Profit
$-25.2M
$161.6M
Gross Margin
85.3%
Operating Margin
-7.6%
6.5%
Net Margin
-11.6%
129.7%
Revenue YoY
-23.3%
4.7%
Net Profit YoY
-380.7%
2827.7%
EPS (diluted)
$-0.16
$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
HPK
HPK
PD
PD
Q4 25
$216.6M
$124.5M
Q3 25
$188.9M
$123.4M
Q2 25
$200.4M
$119.8M
Q1 25
$257.4M
$121.4M
Q4 24
$282.6M
$118.9M
Q3 24
$271.6M
$115.9M
Q2 24
$275.3M
$111.2M
Q1 24
$287.8M
$111.1M
Net Profit
HPK
HPK
PD
PD
Q4 25
$-25.2M
$161.6M
Q3 25
$-18.3M
$9.6M
Q2 25
$26.2M
$-7.2M
Q1 25
$36.3M
$-8.8M
Q4 24
$9.0M
$-5.9M
Q3 24
$49.9M
$-10.9M
Q2 24
$29.7M
$-17.1M
Q1 24
$6.4M
$-28.2M
Gross Margin
HPK
HPK
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
HPK
HPK
PD
PD
Q4 25
-7.6%
6.5%
Q3 25
17.3%
2.9%
Q2 25
21.7%
-8.6%
Q1 25
35.1%
-9.6%
Q4 24
26.1%
-8.7%
Q3 24
27.0%
-13.8%
Q2 24
31.7%
-19.5%
Q1 24
35.8%
-30.1%
Net Margin
HPK
HPK
PD
PD
Q4 25
-11.6%
129.7%
Q3 25
-9.7%
7.8%
Q2 25
13.1%
-6.0%
Q1 25
14.1%
-7.2%
Q4 24
3.2%
-5.0%
Q3 24
18.4%
-9.4%
Q2 24
10.8%
-15.4%
Q1 24
2.2%
-25.3%
EPS (diluted)
HPK
HPK
PD
PD
Q4 25
$-0.16
$1.69
Q3 25
$-0.15
$0.10
Q2 25
$0.19
$-0.07
Q1 25
$0.26
$-0.12
Q4 24
$0.06
$-0.07
Q3 24
$0.35
$-0.14
Q2 24
$0.21
$-0.26
Q1 24
$0.05
$-0.34

Balance Sheet & Financial Strength

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

Metric
HPK
HPK
PD
PD
Cash + ST InvestmentsLiquidity on hand
$162.1M
$547.8M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$1.6B
$320.5M
Total Assets
$3.2B
$1.0B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HPK
HPK
PD
PD
Q4 25
$162.1M
$547.8M
Q3 25
$164.9M
$567.9M
Q2 25
$21.9M
$597.1M
Q1 25
$51.6M
$570.8M
Q4 24
$86.6M
$542.2M
Q3 24
$135.6M
$599.3M
Q2 24
$157.9M
$592.8M
Q1 24
$173.4M
$571.2M
Total Debt
HPK
HPK
PD
PD
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.0B
Q1 25
$1.0B
$484.5M
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$1.1B
$489.5M
Stockholders' Equity
HPK
HPK
PD
PD
Q4 25
$1.6B
$320.5M
Q3 25
$1.6B
$180.7M
Q2 25
$1.7B
$145.7M
Q1 25
$1.6B
$129.8M
Q4 24
$1.6B
$111.6M
Q3 24
$1.6B
$164.7M
Q2 24
$1.6B
$174.0M
Q1 24
$1.5B
$171.6M
Total Assets
HPK
HPK
PD
PD
Q4 25
$3.2B
$1.0B
Q3 25
$3.2B
$891.5M
Q2 25
$3.1B
$926.8M
Q1 25
$3.1B
$927.3M
Q4 24
$3.1B
$866.8M
Q3 24
$3.1B
$916.0M
Q2 24
$3.1B
$924.0M
Q1 24
$3.1B
$925.3M
Debt / Equity
HPK
HPK
PD
PD
Q4 25
0.75×
Q3 25
0.73×
Q2 25
0.62×
Q1 25
0.63×
3.73×
Q4 24
0.65×
Q3 24
0.67×
Q2 24
0.70×
Q1 24
0.73×
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
HPK
HPK
PD
PD
Operating Cash FlowLast quarter
$93.1M
$24.8M
Free Cash FlowOCF − Capex
$24.1M
FCF MarginFCF / Revenue
19.3%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
0.15×
TTM Free Cash FlowTrailing 4 quarters
$117.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HPK
HPK
PD
PD
Q4 25
$93.1M
$24.8M
Q3 25
$120.2M
$34.0M
Q2 25
$141.2M
$30.7M
Q1 25
$157.1M
$31.4M
Q4 24
$139.5M
$22.1M
Q3 24
$177.1M
$35.8M
Q2 24
$202.3M
$28.6M
Q1 24
$171.4M
$22.2M
Free Cash Flow
HPK
HPK
PD
PD
Q4 25
$24.1M
Q3 25
$33.1M
Q2 25
$30.2M
Q1 25
$30.3M
Q4 24
$21.5M
Q3 24
$35.1M
Q2 24
$28.2M
Q1 24
$21.2M
FCF Margin
HPK
HPK
PD
PD
Q4 25
19.3%
Q3 25
26.8%
Q2 25
25.2%
Q1 25
24.9%
Q4 24
18.1%
Q3 24
30.3%
Q2 24
25.4%
Q1 24
19.1%
Capex Intensity
HPK
HPK
PD
PD
Q4 25
0.6%
Q3 25
0.7%
Q2 25
0.4%
Q1 25
0.9%
Q4 24
0.5%
Q3 24
0.5%
Q2 24
0.4%
Q1 24
0.9%
Cash Conversion
HPK
HPK
PD
PD
Q4 25
0.15×
Q3 25
3.55×
Q2 25
5.39×
Q1 25
4.32×
Q4 24
15.53×
Q3 24
3.55×
Q2 24
6.81×
Q1 24
26.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HPK
HPK

Crude Oil Sales$152.1M70%
Natural Gas And NGL Sales$60.8M28%

PD
PD

US$88.8M71%
Non Us$35.7M29%

Related Comparisons