vs

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

TANGER INC. is the larger business by last-quarter revenue ($150.4M vs $124.5M, roughly 1.2× PagerDuty, Inc.). PagerDuty, Inc. runs the higher net margin — 129.7% vs 19.6%, a 110.2% gap on every dollar of revenue. On growth, TANGER INC. posted the faster year-over-year revenue change (11.1% vs 4.7%). Over the past eight quarters, TANGER INC.'s revenue compounded faster (8.0% CAGR vs 5.9%).

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

Tanger Inc. is a real estate investment trust headquartered in Greensboro, North Carolina, that invests in open air outlet and lifestyle shopping centers in the United States and Canada.

PD vs SKT — Head-to-Head

Bigger by revenue
SKT
SKT
1.2× larger
SKT
$150.4M
$124.5M
PD
Growing faster (revenue YoY)
SKT
SKT
+6.4% gap
SKT
11.1%
4.7%
PD
Higher net margin
PD
PD
110.2% more per $
PD
129.7%
19.6%
SKT
Faster 2-yr revenue CAGR
SKT
SKT
Annualised
SKT
8.0%
5.9%
PD

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
PD
PD
SKT
SKT
Revenue
$124.5M
$150.4M
Net Profit
$161.6M
$29.4M
Gross Margin
85.3%
Operating Margin
6.5%
Net Margin
129.7%
19.6%
Revenue YoY
4.7%
11.1%
Net Profit YoY
2827.7%
47.1%
EPS (diluted)
$1.69
$1.05

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
PD
PD
SKT
SKT
Q1 26
$150.4M
Q4 25
$124.5M
$151.0M
Q3 25
$123.4M
$145.2M
Q2 25
$119.8M
$140.7M
Q1 25
$121.4M
$135.4M
Q4 24
$118.9M
$132.2M
Q3 24
$115.9M
$133.0M
Q2 24
$111.2M
$129.0M
Net Profit
PD
PD
SKT
SKT
Q1 26
$29.4M
Q4 25
$161.6M
Q3 25
$9.6M
$32.0M
Q2 25
$-7.2M
$30.1M
Q1 25
$-8.8M
$19.2M
Q4 24
$-5.9M
Q3 24
$-10.9M
$24.9M
Q2 24
$-17.1M
$24.8M
Gross Margin
PD
PD
SKT
SKT
Q1 26
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%
Operating Margin
PD
PD
SKT
SKT
Q1 26
Q4 25
6.5%
Q3 25
2.9%
20.1%
Q2 25
-8.6%
20.1%
Q1 25
-9.6%
13.0%
Q4 24
-8.7%
Q3 24
-13.8%
17.8%
Q2 24
-19.5%
17.8%
Net Margin
PD
PD
SKT
SKT
Q1 26
19.6%
Q4 25
129.7%
Q3 25
7.8%
22.1%
Q2 25
-6.0%
21.4%
Q1 25
-7.2%
14.2%
Q4 24
-5.0%
Q3 24
-9.4%
18.7%
Q2 24
-15.4%
19.3%
EPS (diluted)
PD
PD
SKT
SKT
Q1 26
$1.05
Q4 25
$1.69
Q3 25
$0.10
$0.28
Q2 25
$-0.07
$0.26
Q1 25
$-0.12
$0.17
Q4 24
$-0.07
Q3 24
$-0.14
$0.22
Q2 24
$-0.26
$0.22

Balance Sheet & Financial Strength

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

Metric
PD
PD
SKT
SKT
Cash + ST InvestmentsLiquidity on hand
$547.8M
$227.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$320.5M
$697.8M
Total Assets
$1.0B
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PD
PD
SKT
SKT
Q1 26
$227.4M
Q4 25
$547.8M
$18.1M
Q3 25
$567.9M
$13.0M
Q2 25
$597.1M
$9.7M
Q1 25
$570.8M
$10.2M
Q4 24
$542.2M
$47.0M
Q3 24
$599.3M
$11.1M
Q2 24
$592.8M
$11.3M
Total Debt
PD
PD
SKT
SKT
Q1 26
Q4 25
Q3 25
$1.6B
Q2 25
$1.5B
Q1 25
$484.5M
$1.6B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.5B
Stockholders' Equity
PD
PD
SKT
SKT
Q1 26
$697.8M
Q4 25
$320.5M
Q3 25
$180.7M
$703.6M
Q2 25
$145.7M
$635.2M
Q1 25
$129.8M
$633.9M
Q4 24
$111.6M
$652.4M
Q3 24
$164.7M
$568.3M
Q2 24
$174.0M
$553.7M
Total Assets
PD
PD
SKT
SKT
Q1 26
$2.8B
Q4 25
$1.0B
Q3 25
$891.5M
$2.6B
Q2 25
$926.8M
$2.5B
Q1 25
$927.3M
$2.5B
Q4 24
$866.8M
$2.4B
Q3 24
$916.0M
$2.3B
Q2 24
$924.0M
$2.3B
Debt / Equity
PD
PD
SKT
SKT
Q1 26
Q4 25
Q3 25
2.29×
Q2 25
2.40×
Q1 25
3.73×
2.47×
Q4 24
2.18×
Q3 24
2.51×
Q2 24
2.64×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PD
PD
SKT
SKT
Operating Cash FlowLast quarter
$24.8M
Free Cash FlowOCF − Capex
$24.1M
FCF MarginFCF / Revenue
19.3%
Capex IntensityCapex / Revenue
0.6%
6.6%
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
PD
PD
SKT
SKT
Q1 26
Q4 25
$24.8M
Q3 25
$34.0M
$74.3M
Q2 25
$30.7M
$82.0M
Q1 25
$31.4M
$41.4M
Q4 24
$22.1M
Q3 24
$35.8M
$65.2M
Q2 24
$28.6M
$72.8M
Free Cash Flow
PD
PD
SKT
SKT
Q1 26
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
FCF Margin
PD
PD
SKT
SKT
Q1 26
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%
Capex Intensity
PD
PD
SKT
SKT
Q1 26
6.6%
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%
Cash Conversion
PD
PD
SKT
SKT
Q1 26
Q4 25
0.15×
Q3 25
3.55×
2.32×
Q2 25
2.73×
Q1 25
2.16×
Q4 24
Q3 24
2.62×
Q2 24
2.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PD
PD

US$88.8M71%
Non Us$35.7M29%

SKT
SKT

Rental revenue$143.5M95%
Other revenue$4.7M3%
Management, leasing and other services$2.2M1%

Related Comparisons