Descartes Systems (DSGX) Research & Development (2009 - 2026)
Descartes Systems (DSGX) posted Research & Development of $26.9 million for Q1 2026, up 1.12% sequentially from $26.6 million in Q4 2025, and up 7.9% YoY from $24.9 million in Q1 2025.
Descartes Systems (DSGX) Research & Development (2009 - 2026) Analysis & Trends
Descartes Systems has reported Research & Development for 18 years, with the latest figure at $26.9 million in Q1 2026.
- Quarterly Research & Development rose 7.9% year-over-year to $26.9 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $105.3 million (up 14.21% YoY) and the FY2026 annual result came in at $105.3 million, up 10.28% from the prior year.
- Research & Development climbed to $26.9 million in Q1 2026 per DSGX's latest filing, from $26.6 million in the prior quarter.
- Over five years, Research & Development peaked at $26.9 million in Q1 2026 and troughed at $15.9 million in Q1 2022.
- A 5-year average of $22.0 million and a median of $22.0 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2023 and 2026: Research & Development increased 21.11% in 2023, then increased 7.9% in 2026.
- Over 5 years, Research & Development stood at $18.2 million in 2022, then increased by 19.74% to $21.7 million in 2023, then increased by 9.99% to $23.9 million in 2024, then gained by 11.23% to $26.6 million in 2025, then climbed by 1.12% to $26.9 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $26.9 million, $26.6 million, and $26.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Descartes Systems | 6.64 Bn | 6.28 Bn | 149.50 Mn | 26.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 26.89 Mn |
| Oct 31, 2025 | 26.60 Mn |
| Jul 31, 2025 | 26.75 Mn |
| Apr 30, 2025 | 25.07 Mn |
| Jan 31, 2025 | 24.93 Mn |
| Jul 31, 2024 | 23.91 Mn |
| Apr 30, 2024 | 22.19 Mn |
| Jan 31, 2024 | 21.18 Mn |
| Jul 31, 2023 | 21.74 Mn |
| Apr 30, 2023 | 20.07 Mn |
| Jan 31, 2023 | 18.23 Mn |
| Jul 31, 2022 | 18.16 Mn |
| Apr 30, 2022 | 16.57 Mn |
| Jan 31, 2022 | 15.89 Mn |
| Jul 31, 2021 | 15.47 Mn |
| Apr 30, 2021 | 15.22 Mn |
| Jan 31, 2021 | 14.34 Mn |
| Jul 31, 2020 | 13.08 Mn |
| Apr 30, 2020 | 13.58 Mn |
| Jan 31, 2020 | 14.04 Mn |