Descartes Systems (DSGX) Research & Development (2009 - 2026)
Descartes Systems (DSGX) reported Research & Development of $20.9 million for Q1 2026, up 15.6% on a YoY basis from $18.1 million in Q1 2025, and down 6.51% sequentially from $22.3 million in Q4 2025.
Descartes Systems (DSGX) Research & Development (2009 - 2026) Analysis & Trends
Descartes Systems (DSGX) has 18 years of Research & Development data on file, last reported at $20.9 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 15.6% year-over-year to $20.9 million; the trailing twelve-month figure through Jan 2026 stood at $82.6 million (up 16.07% YoY), and the FY2026 full-year result was $82.6 million, up 12.05% from the prior year.
- Research & Development eased to $20.9 million in Q1 2026, from $22.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $22.3 million in Q4 2025 to a low of $12.3 million in Q1 2022.
- A 5-year average of $17.3 million and a median of $17.4 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development gained 28.84% in 2023 and climbed 2.45% in 2024, its largest moves.
- Tracing DSGX's Research & Development over 5 years: stood at $14.3 million in 2022, then gained by 21.0% to $17.3 million in 2023, then grew by 9.87% to $19.0 million in 2024, then grew by 17.31% to $22.3 million in 2025, then dropped by 6.51% to $20.9 million in 2026.
- Business Quant data shows DSGX's Research & Development at $20.9 million in Q1 2026, $22.3 million in Q4 2025, and $20.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Descartes Systems | 5.64 Bn | 5.28 Bn | 149.50 Mn | 20.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 20.87 Mn |
| Oct 31, 2025 | 22.33 Mn |
| Jul 31, 2025 | 20.52 Mn |
| Apr 30, 2025 | 18.85 Mn |
| Jan 31, 2025 | 18.06 Mn |
| Jul 31, 2024 | 19.03 Mn |
| Apr 30, 2024 | 17.47 Mn |
| Jan 31, 2024 | 16.58 Mn |
| Jul 31, 2023 | 17.32 Mn |
| Apr 30, 2023 | 17.05 Mn |
| Jan 31, 2023 | 14.39 Mn |
| Jul 31, 2022 | 14.32 Mn |
| Apr 30, 2022 | 13.24 Mn |
| Jan 31, 2022 | 12.31 Mn |
| Jul 31, 2021 | 11.33 Mn |
| Apr 30, 2021 | 11.01 Mn |
| Jan 31, 2021 | 10.34 Mn |
| Jul 31, 2020 | 9.42 Mn |
| Apr 30, 2020 | 9.32 Mn |
| Jan 31, 2020 | 23.20 Mn |