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| Date | Value |
|---|---|
| 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 |