Descartes Systems (DSGX) Operating Expenses (2009 - 2026)
Descartes Systems (DSGX) recorded Operating Expenses of $91.24 million in the quarter ended Jul 31, 2026, up 1.3% from $90.04 million a year earlier and up 98.1% from the prior quarter.
Powered by 
Analysis
Descartes Systems (DSGX) Operating Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Descartes Systems' Operating Expenses came in at $229.78 million as of Jul 31, 2026, up 7.1% year-over-year; for the year ended Jan 31, 2026, it was $351.95 million, up 13.1% from the prior year.
- Annual Operating Expenses has increased for five straight years, with a five-year compound annual growth rate of 13.4% (years ended Jan 2021 to Jan 2026).
- Across earlier years, Operating Expenses came in at $311.3 million in the year ended Jan 31, 2025 (+6.7%), $291.79 million in the year ended Jan 31, 2024 (+20.4%), $242.25 million in the year ended Jan 31, 2023 (+10.4%) and $219.45 million in the year ended Jan 31, 2022 (+17.1%).
- The figure for the quarter ended Jul 31, 2026 is the highest quarterly Operating Expenses since the quarter ended Jan 31, 2024.
- On a year-over-year basis, Operating Expenses has increased for six consecutive quarters, with growth averaging 0.3% over the last seven quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 237.8% in the quarter ended Jan 31, 2022, against a decline of 61.5% in the quarter ended Jan 31, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $46.05 million (quarter ended Apr 30, 2026), $47.61 million (quarter ended Jan 31, 2026) and $44.88 million (quarter ended Oct 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | 178,646.00 |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 420.93 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 387.71 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 364.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 323.96 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 542.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 182.80 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 231.56 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 652.00 Mn |
| 10 | Descartes Systems | 6.78 Bn | 5.37 Bn | 156.71 Mn | 91.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 91.24 Mn |
| Apr 30, 2026 | 46.05 Mn |
| Jan 31, 2026 | 47.61 Mn |
| Oct 31, 2025 | 44.88 Mn |
| Jul 31, 2025 | 90.04 Mn |
| Apr 30, 2025 | 41.38 Mn |
| Jan 31, 2025 | 41.85 Mn |
| Oct 31, 2024 | 41.33 Mn |
| Jul 31, 2024 | 77.03 Mn |
| Apr 30, 2024 | 37.14 Mn |
| Jan 31, 2024 | 108.73 Mn |
| Sep 30, 2023 | 44.30 Mn |
| Jul 31, 2023 | 71.59 Mn |
| Apr 30, 2023 | 33.51 Mn |
| Jan 31, 2023 | 82.33 Mn |
| Sep 30, 2022 | 39.40 Mn |
| Jul 31, 2022 | 62.55 Mn |
| Apr 30, 2022 | 28.21 Mn |
| Jan 31, 2022 | 83.17 Mn |
| Sep 30, 2021 | 31.70 Mn |
API Access
Descartes Systems Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=DSGX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "DSGX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=DSGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();