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Side-by-side financial comparison of PagerDuty, Inc. (PD) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
PagerDuty, Inc. is the larger business by last-quarter revenue ($124.5M vs $100.0M, roughly 1.2× Latham Group, Inc.). PagerDuty, Inc. runs the higher net margin — 129.7% vs -7.0%, a 136.8% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs 4.7%). PagerDuty, Inc. produced more free cash flow last quarter ($24.1M vs $14.1M). Over the past eight quarters, PagerDuty, Inc.'s revenue compounded faster (5.9% CAGR vs -4.9%).
PagerDuty, Inc. is an American cloud computing company specializing in a SaaS incident management platform for IT operations departments.
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
PD vs SWIM — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $124.5M | $100.0M |
| Net Profit | $161.6M | $-7.0M |
| Gross Margin | 85.3% | 28.0% |
| Operating Margin | 6.5% | -10.7% |
| Net Margin | 129.7% | -7.0% |
| Revenue YoY | 4.7% | 14.5% |
| Net Profit YoY | 2827.7% | 76.0% |
| EPS (diluted) | $1.69 | $-0.06 |
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 | $100.0M | ||
| Q3 25 | $123.4M | $161.9M | ||
| Q2 25 | $119.8M | $172.6M | ||
| Q1 25 | $121.4M | $111.4M | ||
| Q4 24 | $118.9M | $87.3M | ||
| Q3 24 | $115.9M | $150.5M | ||
| Q2 24 | $111.2M | $160.1M | ||
| Q1 24 | $111.1M | $110.6M |
| Q4 25 | $161.6M | $-7.0M | ||
| Q3 25 | $9.6M | $8.1M | ||
| Q2 25 | $-7.2M | $16.0M | ||
| Q1 25 | $-8.8M | $-6.0M | ||
| Q4 24 | $-5.9M | $-29.2M | ||
| Q3 24 | $-10.9M | $5.9M | ||
| Q2 24 | $-17.1M | $13.3M | ||
| Q1 24 | $-28.2M | $-7.9M |
| Q4 25 | 85.3% | 28.0% | ||
| Q3 25 | 84.6% | 35.4% | ||
| Q2 25 | 84.0% | 37.1% | ||
| Q1 25 | 83.6% | 29.5% | ||
| Q4 24 | 83.0% | 24.6% | ||
| Q3 24 | 82.7% | 32.4% | ||
| Q2 24 | 82.6% | 33.1% | ||
| Q1 24 | 81.7% | 27.7% |
| Q4 25 | 6.5% | -10.7% | ||
| Q3 25 | 2.9% | 13.3% | ||
| Q2 25 | -8.6% | 14.3% | ||
| Q1 25 | -9.6% | -4.4% | ||
| Q4 24 | -8.7% | -14.9% | ||
| Q3 24 | -13.8% | 8.9% | ||
| Q2 24 | -19.5% | 12.5% | ||
| Q1 24 | -30.1% | -1.9% |
| Q4 25 | 129.7% | -7.0% | ||
| Q3 25 | 7.8% | 5.0% | ||
| Q2 25 | -6.0% | 9.3% | ||
| Q1 25 | -7.2% | -5.4% | ||
| Q4 24 | -5.0% | -33.4% | ||
| Q3 24 | -9.4% | 3.9% | ||
| Q2 24 | -15.4% | 8.3% | ||
| Q1 24 | -25.3% | -7.1% |
| Q4 25 | $1.69 | $-0.06 | ||
| Q3 25 | $0.10 | $0.07 | ||
| Q2 25 | $-0.07 | $0.13 | ||
| Q1 25 | $-0.12 | $-0.05 | ||
| Q4 24 | $-0.07 | $-0.24 | ||
| Q3 24 | $-0.14 | $0.05 | ||
| Q2 24 | $-0.26 | $0.11 | ||
| Q1 24 | $-0.34 | $-0.07 |
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 | — | $279.8M |
| Stockholders' EquityBook value | $320.5M | $405.9M |
| Total Assets | $1.0B | $823.2M |
| Debt / EquityLower = less leverage | — | 0.69× |
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 | — | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | $484.5M | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M | ||
| Q1 24 | $489.5M | $282.8M |
| Q4 25 | $320.5M | $405.9M | ||
| Q3 25 | $180.7M | $408.4M | ||
| Q2 25 | $145.7M | $398.4M | ||
| Q1 25 | $129.8M | $381.1M | ||
| Q4 24 | $111.6M | $387.2M | ||
| Q3 24 | $164.7M | $416.6M | ||
| Q2 24 | $174.0M | $408.1M | ||
| Q1 24 | $171.6M | $391.8M |
| Q4 25 | $1.0B | $823.2M | ||
| Q3 25 | $891.5M | $844.4M | ||
| Q2 25 | $926.8M | $822.1M | ||
| Q1 25 | $927.3M | $824.6M | ||
| Q4 24 | $866.8M | $794.2M | ||
| Q3 24 | $916.0M | $853.4M | ||
| Q2 24 | $924.0M | $830.0M | ||
| Q1 24 | $925.3M | $808.6M |
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | 3.73× | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | 2.85× | 0.72× |
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 | $23.3M |
| Free Cash FlowOCF − Capex | $24.1M | $14.1M |
| FCF MarginFCF / Revenue | 19.3% | 14.1% |
| Capex IntensityCapex / Revenue | 0.6% | 9.2% |
| Cash ConversionOCF / Net Profit | 0.15× | — |
| TTM Free Cash FlowTrailing 4 quarters | $117.6M | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.8M | $23.3M | ||
| Q3 25 | $34.0M | $51.0M | ||
| Q2 25 | $30.7M | $36.0M | ||
| Q1 25 | $31.4M | $-46.9M | ||
| Q4 24 | $22.1M | $6.2M | ||
| Q3 24 | $35.8M | $37.2M | ||
| Q2 24 | $28.6M | $52.4M | ||
| Q1 24 | $22.2M | $-34.5M |
| Q4 25 | $24.1M | $14.1M | ||
| Q3 25 | $33.1M | $45.2M | ||
| Q2 25 | $30.2M | $29.1M | ||
| Q1 25 | $30.3M | $-50.3M | ||
| Q4 24 | $21.5M | $-98.0K | ||
| Q3 24 | $35.1M | $33.2M | ||
| Q2 24 | $28.2M | $47.9M | ||
| Q1 24 | $21.2M | $-39.9M |
| Q4 25 | 19.3% | 14.1% | ||
| Q3 25 | 26.8% | 27.9% | ||
| Q2 25 | 25.2% | 16.8% | ||
| Q1 25 | 24.9% | -45.2% | ||
| Q4 24 | 18.1% | -0.1% | ||
| Q3 24 | 30.3% | 22.1% | ||
| Q2 24 | 25.4% | 29.9% | ||
| Q1 24 | 19.1% | -36.0% |
| Q4 25 | 0.6% | 9.2% | ||
| Q3 25 | 0.7% | 3.6% | ||
| Q2 25 | 0.4% | 4.0% | ||
| Q1 25 | 0.9% | 3.1% | ||
| Q4 24 | 0.5% | 7.2% | ||
| Q3 24 | 0.5% | 2.7% | ||
| Q2 24 | 0.4% | 2.8% | ||
| Q1 24 | 0.9% | 4.8% |
| Q4 25 | 0.15× | — | ||
| Q3 25 | 3.55× | 6.29× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| Q1 24 | — | — |
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% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
