Descartes Systems (DSGX) Operating Expenses (2009 - 2026)
Descartes Systems (DSGX) posted Operating Expenses of $48.7 million for Q1 2026, up 6.88% sequentially from $45.6 million in Q4 2025, and down 54.75% YoY from $107.7 million in Q1 2025.
Descartes Systems (DSGX) Operating Expenses (2009 - 2026) Analysis & Trends
Descartes Systems has reported Operating Expenses for 18 years, with the latest figure at $48.7 million in Q1 2026.
- Quarterly Operating Expenses fell 54.75% year-over-year to $48.7 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $229.2 million (down 17.78% YoY) and the FY2026 annual result came in at $351.9 million, up 13.06% from the prior year.
- Operating Expenses advanced to $48.7 million in Q1 2026 per DSGX's latest filing, from $45.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $108.7 million in Q1 2024 and troughed at $29.7 million in Q2 2022.
- A 5-year average of $62.7 million and a median of $53.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses jumped 246.41% in 2022, then slumped 54.75% in 2026.
- Over 5 years, Operating Expenses stood at $39.4 million in 2022, then grew by 12.44% to $44.3 million in 2023, then increased by 19.64% to $53.0 million in 2024, then dropped by 13.95% to $45.6 million in 2025, then climbed by 6.88% to $48.7 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $48.7 million, $45.6 million, and $90.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Descartes Systems | 6.64 Bn | 6.28 Bn | 149.50 Mn | 48.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 48.74 Mn |
| Oct 31, 2025 | 45.61 Mn |
| Jul 31, 2025 | 90.04 Mn |
| Apr 30, 2025 | 44.83 Mn |
| Jan 31, 2025 | 107.72 Mn |
| Sep 30, 2024 | 53.00 Mn |
| Jul 31, 2024 | 77.03 Mn |
| Apr 30, 2024 | 41.06 Mn |
| Jan 31, 2024 | 108.73 Mn |
| Sep 30, 2023 | 44.30 Mn |
| Jul 31, 2023 | 71.59 Mn |
| Apr 30, 2023 | 35.44 Mn |
| Jan 31, 2023 | 82.33 Mn |
| Sep 30, 2022 | 39.40 Mn |
| Jul 31, 2022 | 62.55 Mn |
| Apr 30, 2022 | 29.69 Mn |
| Jan 31, 2022 | 83.17 Mn |
| Sep 30, 2021 | 31.70 Mn |
| Jul 31, 2021 | 52.98 Mn |
| Apr 30, 2021 | 26.75 Mn |