DevvStream (DEVS) Operating Expenses (2022 - 2026)

DevvStream's quarterly Operating Expenses came in at $2.6 million in Q1 2026, down 52.17% year-on-year from $5.5 million in Q1 2025, and up 47.41% quarter-over-quarter from $1.8 million in Q4 2025.

DevvStream has reported Operating Expenses for 5 years, with the latest figure at $2.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 52.17% year-over-year to $2.6 million; the trailing twelve-month figure through Jan 2026 stood at $7.0 million (down 32.87% YoY), and the FY2025 full-year result was $12.0 million, up 37.43% from the prior year.
  • Operating Expenses for Q1 2026 stood at $2.6 million, up from $1.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $5.5 million in Q1 2025, with the low at $306223.0 in Q3 2022.
  • Average Operating Expenses over 5 years is $1.5 million, with a median of $1.1 million recorded in 2023.
  • Year-over-year, Operating Expenses jumped 711.75% in 2023 and sank 52.17% in 2026.
  • Tracing DEVS's Operating Expenses over 5 years: stood at $721278.0 in 2022, then jumped by 65.31% to $1.2 million in 2023, then jumped by 86.79% to $2.2 million in 2024, then dropped by 19.78% to $1.8 million in 2025, then surged by 47.41% to $2.6 million in 2026.
  • The last three Operating Expenses figures came in at $2.6 million (Q1 2026), $1.8 million (Q4 2025), and $991247.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veralto 20.72 Bn 19.29 Bn 854.00 Mn 516.00 Mn
2 Zurn Elkay Water Solutions 7.83 Bn 7.56 Bn 205.80 Mn 109.10 Mn
3 Federal Signal 6.47 Bn 6.40 Bn 179.40 Mn 72.00 Mn
4 Ceco Environmental 2.82 Bn 2.78 Bn 63.92 Mn 56.37 Mn
5 PureCycle Technologies 2.21 Bn 2.11 Bn - 31.39 Mn
6 Euro Tech Holdings 1.36 Bn 1.34 Bn - -
7 Energy Recovery 421.81 Mn 335.66 Mn 2.70 Mn 17.56 Mn
8 CleanCore Solutions 173.22 Mn 156.17 Mn -419,259.00 18.56 Mn
9 Arq 116.43 Mn 111.76 Mn 9.94 Mn 10.92 Mn
10 DevvStream 7,452.36 -2.21 Mn 270.00 2.63 Mn

Historic Data

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DateValue
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