Endava (DAVA) Operating Expenses (2017 - 2026)
Endava (DAVA) posted Operating Expenses of -$43.1 million for Q1 2026, up 0.79% on a QoQ basis from -$43.5 million in Q4 2025, and up 71.21% year-over-year from -$25.2 million in Q1 2025.
Analysis
Endava (DAVA) Operating Expenses (2017 - 2026) Analysis & Trends
Endava has reported Operating Expenses for 10 years, with the latest figure at -$43.1 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 71.21% year-over-year to -$43.1 million in Q1 2026; TTM through Mar 2026 was -$186.9 million, a 47.99% increase from a year earlier, with the FY2025 full-year figure at -$207.7 million, down 11.58% from the prior year.
- Operating Expenses was -$43.1 million for Q1 2026 at Endava, up from -$43.5 million in the prior quarter.
- The five-year high for Operating Expenses was -$40.5 million in Q2 2022, with the low at -$149.8 million in Q1 2025.
- Average Operating Expenses over 5 years is -$77.1 million, with a median of -$51.3 million recorded in 2025.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses plunged 44.17% in 2022, then jumped 71.21% in 2026.
- Over 5 years, Operating Expenses stood at -$92.4 million in 2022, then dropped by 5.61% to -$97.6 million in 2023, then decreased by 7.62% to -$105.0 million in 2024, then jumped by 58.6% to -$43.5 million in 2025, then rose by 0.79% to -$43.1 million in 2026.
- The last three Operating Expenses figures came in at -$43.1 million (Q1 2026), -$43.5 million (Q4 2025), and -$51.3 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 45.96 Bn | 45.96 Bn | 1.60 Bn | 528.00 Mn |
| 2 | Cognizant Technology Solutions | 27.91 Bn | 26.86 Bn | 1.83 Bn | 812.00 Mn |
| 3 | Cgi | 15.77 Bn | 15.19 Bn | - | 12.44 Mn |
| 4 | EPAM Systems | 6.02 Bn | 5.24 Bn | 429.57 Mn | 245.25 Mn |
| 5 | ExlService Holdings | 5.43 Bn | 5.15 Bn | 225.96 Mn | 138.67 Mn |
| 6 | Science Applications International | 5.39 Bn | 5.26 Bn | 239.00 Mn | 87.00 Mn |
| 7 | Kyndryl Holdings | 2.83 Bn | 715.99 Mn | 776.00 Mn | 630.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 86.63 Mn |
| 9 | Innodata | 1.88 Bn | 1.63 Bn | 42.46 Mn | 74.59 Mn |
| 10 | Endava | 170.71 Mn | 105.22 Mn | 44.77 Mn | -43.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -43.14 Mn |
| Dec 31, 2025 | -43.48 Mn |
| Sep 30, 2025 | -51.33 Mn |
| Jun 30, 2025 | -48.96 Mn |
| Mar 31, 2025 | -149.82 Mn |
| Dec 31, 2024 | -105.02 Mn |
| Sep 30, 2024 | -57.13 Mn |
| Jun 30, 2024 | -47.38 Mn |
| Mar 31, 2024 | -140.02 Mn |
| Dec 31, 2023 | -97.58 Mn |
| Sep 30, 2023 | -48.59 Mn |
| Jun 30, 2023 | -42.43 Mn |
| Mar 31, 2023 | -134.61 Mn |
| Dec 31, 2022 | -92.40 Mn |
| Sep 30, 2022 | -47.36 Mn |
| Jun 30, 2022 | -40.54 Mn |
| Mar 31, 2022 | -120.25 Mn |
| Dec 31, 2021 | -80.37 Mn |
| Sep 30, 2021 | -38.11 Mn |
| Jun 30, 2021 | -38.03 Mn |