Descartes Systems (DSGX) Research & Development (2009 - 2026)
Descartes Systems' (DSGX) quarterly Research & Development came in at $27.4 million in Q2 2026, up 9.29% year-over-year from $25.1 million in Q2 2025, and up 1.87% quarter-over-quarter from $26.9 million in Q1 2026.
Analysis
Descartes Systems (DSGX) Research & Development (2009 - 2026) Analysis & Trends
Descartes Systems has disclosed Research & Development across 18 years of filings, most recently posting $27.4 million for Q2 2026.
- In Q2 2026, Research & Development rose 9.29% year-over-year to $27.4 million; the TTM figure through Apr 2026 stood at $106.1 million (up 10.43% YoY), while the FY2026 annual figure was $105.3 million, up 10.28% from the prior year.
- Research & Development came in at $27.4 million for Q2 2026 at Descartes Systems, up from $26.9 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $27.4 million in Q2 2026 to a low of $15.9 million in Q1 2022.
- Average Research & Development over 5 years is $22.1 million, with a median of $22.0 million recorded in 2023.
- Year-over-year, Research & Development grew 21.11% in 2023 and grew 7.9% in 2026.
- Over 5 years, Research & Development stood at $18.2 million in 2022, then climbed by 19.74% to $21.7 million in 2023, then climbed by 9.99% to $23.9 million in 2024, then gained by 11.89% to $26.8 million in 2025, then gained by 2.41% to $27.4 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $27.4 million in Q2 2026, $26.9 million in Q1 2026, and $26.8 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 203.60 Mn |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 34.77 Mn |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | 27.40 Mn |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 43.94 Mn |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | 26.11 Mn |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | -3.62 Mn |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | 5.54 Mn |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | - |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | 4.36 Mn |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 1.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 27.40 Mn |
| Jan 31, 2026 | 26.89 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 |