DevvStream (DEVS) Operating Expenses (2022 - 2026)

DevvStream (DEVS) reported Operating Expenses of $2.1 million for Q2 2026, up 34.7% year-over-year from $1.6 million in Q2 2025, and down 18.84% on a QoQ basis from $2.6 million in Q1 2026.

DevvStream (DEVS) Operating Expenses (2022 - 2026) Analysis & Trends

DevvStream's Operating Expenses history runs 5 years deep, the most recent figure standing at $2.1 million for Q2 2026.

  • Operating Expenses for Q2 2026 came in at $2.1 million, up 34.7% year-over-year; the trailing twelve-month figure through Apr 2026 was $7.5 million (down 26.89% YoY), and the FY2025 annual result was $12.0 million, up 37.43% from the prior year.
  • Operating Expenses came in at $2.1 million for Q2 2026 at DevvStream, down from $2.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $5.5 million in Q1 2025 to a low of $306223.0 in Q3 2022.
  • A 5-year average of $1.6 million and a median of $1.2 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 711.75% in 2023 and slumped 52.17% in 2026, its largest moves.
  • Over 5 years, Operating Expenses stood at $721278.0 in 2022, then soared by 65.31% to $1.2 million in 2023, then soared by 86.79% to $2.2 million in 2024, then fell by 19.78% to $1.8 million in 2025, then increased by 19.65% to $2.1 million in 2026.
  • The last three Operating Expenses figures came in at $2.1 million (Q2 2026), $2.6 million (Q1 2026), and $1.8 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Aduro Clean Technologies 856.39 Bn 856.36 Bn - 3.04 Mn
2 Veralto 20.76 Bn 19.33 Bn 854.00 Mn 516.00 Mn
3 Zurn Elkay Water Solutions 8.35 Bn 8.08 Bn 205.80 Mn 109.10 Mn
4 Federal Signal 7.20 Bn 7.13 Bn 179.40 Mn 72.00 Mn
5 Ceco Environmental 3.52 Bn 3.48 Bn 63.92 Mn 56.37 Mn
6 PureCycle Technologies 1.57 Bn 1.47 Bn - 31.39 Mn
7 Energy Recovery 497.64 Mn 411.49 Mn 2.70 Mn 17.56 Mn
8 CleanCore Solutions 210.18 Mn 193.13 Mn -419,259.00 18.56 Mn
9 Arq 118.94 Mn 114.26 Mn 9.94 Mn 10.92 Mn
10 DevvStream 5.20 Mn 4.75 Mn -800.00 2.14 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 2.14 Mn
Jan 31, 2026 2.63 Mn
Oct 31, 2025 1.79 Mn
Jul 31, 2025 991,247.00
Apr 30, 2025 1.59 Mn
Jan 31, 2025 5.51 Mn
Oct 31, 2024 2.23 Mn
Jun 30, 2024 1.01 Mn
Mar 31, 2024 1.69 Mn
Dec 31, 2023 1.19 Mn
Sep 30, 2023 2.49 Mn
Jun 30, 2023 1.05 Mn
Mar 31, 2023 494,328.00
Dec 31, 2022 721,278.00
Sep 30, 2022 306,223.00
Jun 30, 2022 354,046.00
Mar 31, 2022 403,285.00