Descartes Systems (DSGX) Research & Development (2009 - 2026)
Descartes Systems (DSGX) recorded Research & Development of $28.29 million in the quarter ended Jul 31, 2026, up 5.7% from $26.75 million a year earlier and up 3.2% from the prior quarter.
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Analysis
Descartes Systems (DSGX) Research & Development (2009 - 2026) Analysis & Trends
On a TTM basis, Descartes Systems' Research & Development came in at $109.17 million as of Jul 31, 2026, up 7.9% year-over-year; for the year ended Jan 31, 2026, it was $105.31 million, up 10.3% from the prior year.
- Annual Research & Development has increased for seven straight years, with a five-year compound annual growth rate of 14.3% (years ended Jan 2021 to Jan 2026).
- Across earlier years, Research & Development came in at $95.5 million in the year ended Jan 31, 2025 (+13.5%), $84.1 million in the year ended Jan 31, 2024 (+19.5%), $70.35 million in the year ended Jan 31, 2023 (+12.4%) and $62.57 million in the year ended Jan 31, 2022 (+15.7%).
- The figure for the quarter ended Jul 31, 2026 is the highest quarterly Research & Development in data going back to the quarter ended Jan 31, 2009.
- On a year-over-year basis, Research & Development has increased for seven consecutive quarters, with growth averaging 10.6% over the last seven quarters.
- Across the past five years, year-over-year growth in Research & Development ran from 5.7% in the quarter ended Jul 31, 2026 to 21.1% in the quarter ended Apr 30, 2023.
- Per Business Quant, the preceding three quarters came in at $27.4 million (quarter ended Apr 30, 2026), $26.89 million (quarter ended Jan 31, 2026) and $26.6 million (quarter ended Oct 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 222.92 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 102.56 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 109.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 115.71 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 177.10 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 92.20 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 34.77 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 107.00 Mn |
| 10 | Descartes Systems | 6.78 Bn | 5.37 Bn | 156.71 Mn | 28.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 28.29 Mn |
| Apr 30, 2026 | 27.40 Mn |
| 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 |
| Oct 31, 2024 | 24.47 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 |
API Access
Descartes Systems Research & Development 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=research-and-development&ticker=DSGX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=DSGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();