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Side-by-side financial comparison of PagerDuty, Inc. (PD) and Sezzle Inc. (SEZL). Click either name above to swap in a different company.
PagerDuty, Inc. is the larger business by last-quarter revenue ($124.5M vs $78.2M, roughly 1.6× Sezzle Inc.). PagerDuty, Inc. runs the higher net margin — 129.7% vs 54.6%, a 75.2% gap on every dollar of revenue. On growth, Sezzle Inc. posted the faster year-over-year revenue change (61.6% vs 4.7%). Sezzle Inc. produced more free cash flow last quarter ($70.6M vs $24.1M). Over the past eight quarters, Sezzle Inc.'s revenue compounded faster (76.0% CAGR vs 5.9%).
PagerDuty, Inc. is an American cloud computing company specializing in a SaaS incident management platform for IT operations departments.
Sezzle is a publicly traded financial technology company headquartered in Minneapolis, U.S, with operations in the United States and Canada. The company provides an alternative payment platform offering interest-free installment plans at selected online stores. As of June 2021, the Sezzle platform had over 10 million user sign-ups and over 48,000 participating merchants.
PD vs SEZL — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $124.5M | $78.2M |
| Net Profit | $161.6M | $42.7M |
| Gross Margin | 85.3% | — |
| Operating Margin | 6.5% | 70.6% |
| Net Margin | 129.7% | 54.6% |
| Revenue YoY | 4.7% | 61.6% |
| Net Profit YoY | 2827.7% | 68.3% |
| EPS (diluted) | $1.69 | $1.19 |
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 | $124.5M | $78.2M | ||
| Q3 25 | $123.4M | $57.5M | ||
| Q2 25 | $119.8M | $52.0M | ||
| Q1 25 | $121.4M | $48.2M | ||
| Q4 24 | $118.9M | $48.4M | ||
| Q3 24 | $115.9M | $35.6M | ||
| Q2 24 | $111.2M | $30.2M | ||
| Q1 24 | $111.1M | $25.2M |
| Q4 25 | $161.6M | $42.7M | ||
| Q3 25 | $9.6M | $26.7M | ||
| Q2 25 | $-7.2M | $27.6M | ||
| Q1 25 | $-8.8M | $36.2M | ||
| Q4 24 | $-5.9M | $25.4M | ||
| Q3 24 | $-10.9M | $15.4M | ||
| Q2 24 | $-17.1M | $29.7M | ||
| Q1 24 | $-28.2M | $8.0M |
| 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 | 6.5% | 70.6% | ||
| Q3 25 | 2.9% | 61.9% | ||
| Q2 25 | -8.6% | 69.4% | ||
| Q1 25 | -9.6% | — | ||
| Q4 24 | -8.7% | 63.8% | ||
| Q3 24 | -13.8% | 58.6% | ||
| Q2 24 | -19.5% | 55.3% | ||
| Q1 24 | -30.1% | 54.8% |
| Q4 25 | 129.7% | 54.6% | ||
| Q3 25 | 7.8% | 46.4% | ||
| Q2 25 | -6.0% | 53.1% | ||
| Q1 25 | -7.2% | 75.1% | ||
| Q4 24 | -5.0% | 52.4% | ||
| Q3 24 | -9.4% | 43.4% | ||
| Q2 24 | -15.4% | 98.4% | ||
| Q1 24 | -25.3% | 31.7% |
| Q4 25 | $1.69 | $1.19 | ||
| Q3 25 | $0.10 | $0.75 | ||
| Q2 25 | $-0.07 | $0.78 | ||
| Q1 25 | $-0.12 | $1.00 | ||
| Q4 24 | $-0.07 | $0.71 | ||
| Q3 24 | $-0.14 | $0.44 | ||
| Q2 24 | $-0.26 | $0.82 | ||
| Q1 24 | $-0.34 | $0.22 |
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 | $64.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $320.5M | $169.8M |
| Total Assets | $1.0B | $400.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $547.8M | $64.1M | ||
| Q3 25 | $567.9M | $104.1M | ||
| Q2 25 | $597.1M | $88.9M | ||
| Q1 25 | $570.8M | $88.9M | ||
| Q4 24 | $542.2M | $73.2M | ||
| Q3 24 | $599.3M | $80.1M | ||
| Q2 24 | $592.8M | $58.0M | ||
| Q1 24 | $571.2M | $77.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $484.5M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $489.5M | — |
| Q4 25 | $320.5M | $169.8M | ||
| Q3 25 | $180.7M | $155.3M | ||
| Q2 25 | $145.7M | $130.4M | ||
| Q1 25 | $129.8M | $125.8M | ||
| Q4 24 | $111.6M | $87.8M | ||
| Q3 24 | $164.7M | $61.1M | ||
| Q2 24 | $174.0M | $50.3M | ||
| Q1 24 | $171.6M | $29.6M |
| Q4 25 | $1.0B | $400.2M | ||
| Q3 25 | $891.5M | $367.0M | ||
| Q2 25 | $926.8M | $350.6M | ||
| Q1 25 | $927.3M | $298.1M | ||
| Q4 24 | $866.8M | $298.4M | ||
| Q3 24 | $916.0M | $252.9M | ||
| Q2 24 | $924.0M | $212.1M | ||
| Q1 24 | $925.3M | $195.7M |
| 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 | $24.8M | $70.6M |
| Free Cash FlowOCF − Capex | $24.1M | $70.6M |
| FCF MarginFCF / Revenue | 19.3% | 90.2% |
| Capex IntensityCapex / Revenue | 0.6% | 0.1% |
| Cash ConversionOCF / Net Profit | 0.15× | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | $117.6M | $209.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.8M | $70.6M | ||
| Q3 25 | $34.0M | $63.7M | ||
| Q2 25 | $30.7M | $23.1M | ||
| Q1 25 | $31.4M | $52.5M | ||
| Q4 24 | $22.1M | $57.4M | ||
| Q3 24 | $35.8M | $35.1M | ||
| Q2 24 | $28.6M | $22.2M | ||
| Q1 24 | $22.2M | $16.0M |
| Q4 25 | $24.1M | $70.6M | ||
| Q3 25 | $33.1M | $63.6M | ||
| Q2 25 | $30.2M | $22.7M | ||
| Q1 25 | $30.3M | $52.5M | ||
| Q4 24 | $21.5M | $57.4M | ||
| Q3 24 | $35.1M | $35.1M | ||
| Q2 24 | $28.2M | $22.2M | ||
| Q1 24 | $21.2M | $16.0M |
| Q4 25 | 19.3% | 90.2% | ||
| Q3 25 | 26.8% | 110.6% | ||
| Q2 25 | 25.2% | 43.6% | ||
| Q1 25 | 24.9% | 108.9% | ||
| Q4 24 | 18.1% | 118.5% | ||
| Q3 24 | 30.3% | 98.6% | ||
| Q2 24 | 25.4% | 73.4% | ||
| Q1 24 | 19.1% | 63.3% |
| Q4 25 | 0.6% | 0.1% | ||
| Q3 25 | 0.7% | 0.3% | ||
| Q2 25 | 0.4% | 0.8% | ||
| Q1 25 | 0.9% | 0.1% | ||
| Q4 24 | 0.5% | 0.1% | ||
| Q3 24 | 0.5% | 0.0% | ||
| Q2 24 | 0.4% | 0.1% | ||
| Q1 24 | 0.9% | 0.0% |
| Q4 25 | 0.15× | 1.65× | ||
| Q3 25 | 3.55× | 2.39× | ||
| Q2 25 | — | 0.84× | ||
| Q1 25 | — | 1.45× | ||
| Q4 24 | — | 2.26× | ||
| Q3 24 | — | 2.27× | ||
| Q2 24 | — | 0.75× | ||
| Q1 24 | — | 2.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PD
| US | $88.8M | 71% |
| Non Us | $35.7M | 29% |
SEZL
| Merchant And Partner Income | $28.9M | 37% |
| Transaction Income | $25.9M | 33% |
| Income From Other Services Late Payment Fees | $20.5M | 26% |
| Other | $2.9M | 4% |
