vs
Side-by-side financial comparison of NICOLET BANKSHARES INC (NIC) 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 $104.0M, roughly 1.2× NICOLET BANKSHARES INC). PagerDuty, Inc. runs the higher net margin — 129.7% vs 38.8%, a 91.0% gap on every dollar of revenue. On growth, NICOLET BANKSHARES INC posted the faster year-over-year revenue change (12.5% vs 4.7%). NICOLET BANKSHARES INC produced more free cash flow last quarter ($149.4M vs $24.1M). Over the past eight quarters, NICOLET BANKSHARES INC's revenue compounded faster (12.5% CAGR vs 5.9%).
Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.
PagerDuty, Inc. is an American cloud computing company specializing in a SaaS incident management platform for IT operations departments.
NIC vs PD — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $104.0M | $124.5M |
| Net Profit | $40.3M | $161.6M |
| Gross Margin | — | 85.3% |
| Operating Margin | 48.3% | 6.5% |
| Net Margin | 38.8% | 129.7% |
| Revenue YoY | 12.5% | 4.7% |
| Net Profit YoY | 16.9% | 2827.7% |
| EPS (diluted) | $2.63 | $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 | $104.0M | $124.5M | ||
| Q3 25 | $102.9M | $123.4M | ||
| Q2 25 | $95.7M | $119.8M | ||
| Q1 25 | $89.4M | $121.4M | ||
| Q4 24 | $92.4M | $118.9M | ||
| Q3 24 | $90.7M | $115.9M | ||
| Q2 24 | $85.0M | $111.2M | ||
| Q1 24 | $82.2M | $111.1M |
| Q4 25 | $40.3M | $161.6M | ||
| Q3 25 | $41.7M | $9.6M | ||
| Q2 25 | $36.0M | $-7.2M | ||
| Q1 25 | $32.6M | $-8.8M | ||
| Q4 24 | $34.5M | $-5.9M | ||
| Q3 24 | $32.5M | $-10.9M | ||
| Q2 24 | $29.3M | $-17.1M | ||
| Q1 24 | $27.8M | $-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 | 48.3% | 6.5% | ||
| Q3 25 | 50.4% | 2.9% | ||
| Q2 25 | 46.8% | -8.6% | ||
| Q1 25 | 44.9% | -9.6% | ||
| Q4 24 | 46.8% | -8.7% | ||
| Q3 24 | 45.0% | -13.8% | ||
| Q2 24 | 43.3% | -19.5% | ||
| Q1 24 | 41.8% | -30.1% |
| Q4 25 | 38.8% | 129.7% | ||
| Q3 25 | 40.6% | 7.8% | ||
| Q2 25 | 37.6% | -6.0% | ||
| Q1 25 | 36.4% | -7.2% | ||
| Q4 24 | 37.3% | -5.0% | ||
| Q3 24 | 35.8% | -9.4% | ||
| Q2 24 | 34.5% | -15.4% | ||
| Q1 24 | 33.8% | -25.3% |
| Q4 25 | $2.63 | $1.69 | ||
| Q3 25 | $2.73 | $0.10 | ||
| Q2 25 | $2.34 | $-0.07 | ||
| Q1 25 | $2.08 | $-0.12 | ||
| Q4 24 | $2.21 | $-0.07 | ||
| Q3 24 | $2.10 | $-0.14 | ||
| Q2 24 | $1.92 | $-0.26 | ||
| Q1 24 | $1.82 | $-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 | — | $547.8M |
| Total DebtLower is stronger | $134.9M | — |
| Stockholders' EquityBook value | $1.3B | $320.5M |
| Total Assets | $9.2B | $1.0B |
| Debt / EquityLower = less leverage | 0.11× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $547.8M | ||
| Q3 25 | — | $567.9M | ||
| Q2 25 | — | $597.1M | ||
| Q1 25 | — | $570.8M | ||
| Q4 24 | — | $542.2M | ||
| Q3 24 | — | $599.3M | ||
| Q2 24 | — | $592.8M | ||
| Q1 24 | — | $571.2M |
| Q4 25 | $134.9M | — | ||
| Q3 25 | $134.6M | — | ||
| Q2 25 | $134.3M | — | ||
| Q1 25 | $156.6M | $484.5M | ||
| Q4 24 | $161.4M | — | ||
| Q3 24 | $161.2M | — | ||
| Q2 24 | $162.4M | — | ||
| Q1 24 | $162.3M | $489.5M |
| Q4 25 | $1.3B | $320.5M | ||
| Q3 25 | $1.2B | $180.7M | ||
| Q2 25 | $1.2B | $145.7M | ||
| Q1 25 | $1.2B | $129.8M | ||
| Q4 24 | $1.2B | $111.6M | ||
| Q3 24 | $1.1B | $164.7M | ||
| Q2 24 | $1.1B | $174.0M | ||
| Q1 24 | $1.1B | $171.6M |
| Q4 25 | $9.2B | $1.0B | ||
| Q3 25 | $9.0B | $891.5M | ||
| Q2 25 | $8.9B | $926.8M | ||
| Q1 25 | $9.0B | $927.3M | ||
| Q4 24 | $8.8B | $866.8M | ||
| Q3 24 | $8.6B | $916.0M | ||
| Q2 24 | $8.6B | $924.0M | ||
| Q1 24 | $8.4B | $925.3M |
| Q4 25 | 0.11× | — | ||
| Q3 25 | 0.11× | — | ||
| Q2 25 | 0.11× | — | ||
| Q1 25 | 0.13× | 3.73× | ||
| Q4 24 | 0.14× | — | ||
| Q3 24 | 0.14× | — | ||
| Q2 24 | 0.15× | — | ||
| Q1 24 | 0.15× | 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 | $153.5M | $24.8M |
| Free Cash FlowOCF − Capex | $149.4M | $24.1M |
| FCF MarginFCF / Revenue | 143.7% | 19.3% |
| Capex IntensityCapex / Revenue | 3.9% | 0.6% |
| Cash ConversionOCF / Net Profit | 3.81× | 0.15× |
| TTM Free Cash FlowTrailing 4 quarters | $275.0M | $117.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $153.5M | $24.8M | ||
| Q3 25 | $45.9M | $34.0M | ||
| Q2 25 | $38.9M | $30.7M | ||
| Q1 25 | $41.8M | $31.4M | ||
| Q4 24 | $133.7M | $22.1M | ||
| Q3 24 | $39.6M | $35.8M | ||
| Q2 24 | $37.3M | $28.6M | ||
| Q1 24 | $23.4M | $22.2M |
| Q4 25 | $149.4M | $24.1M | ||
| Q3 25 | $45.9M | $33.1M | ||
| Q2 25 | $38.4M | $30.2M | ||
| Q1 25 | $41.3M | $30.3M | ||
| Q4 24 | $116.8M | $21.5M | ||
| Q3 24 | $34.7M | $35.1M | ||
| Q2 24 | $34.4M | $28.2M | ||
| Q1 24 | $20.1M | $21.2M |
| Q4 25 | 143.7% | 19.3% | ||
| Q3 25 | 44.6% | 26.8% | ||
| Q2 25 | 40.1% | 25.2% | ||
| Q1 25 | 46.2% | 24.9% | ||
| Q4 24 | 126.4% | 18.1% | ||
| Q3 24 | 38.3% | 30.3% | ||
| Q2 24 | 40.5% | 25.4% | ||
| Q1 24 | 24.4% | 19.1% |
| Q4 25 | 3.9% | 0.6% | ||
| Q3 25 | 0.0% | 0.7% | ||
| Q2 25 | 0.6% | 0.4% | ||
| Q1 25 | 0.5% | 0.9% | ||
| Q4 24 | 18.3% | 0.5% | ||
| Q3 24 | 5.4% | 0.5% | ||
| Q2 24 | 3.5% | 0.4% | ||
| Q1 24 | 4.0% | 0.9% |
| Q4 25 | 3.81× | 0.15× | ||
| Q3 25 | 1.10× | 3.55× | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 1.28× | — | ||
| Q4 24 | 3.88× | — | ||
| Q3 24 | 1.22× | — | ||
| Q2 24 | 1.28× | — | ||
| Q1 24 | 0.84× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NIC
Segment breakdown not available.
PD
| US | $88.8M | 71% |
| Non Us | $35.7M | 29% |
