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Descartes Systems Group Inc (DSGX) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

TECHNOLOGY · SOFTWARE - APPLICATION · DATA UPDATED 2026-09-19

Descartes Systems Group Inc (DSGX) operates in the SOFTWARE - APPLICATION industry and is headquartered in Waterloo, Canada with about 2,364 employees. Its market capitalization is roughly $7 billion. In the fiscal year ended 2026-01-31, DSGX reported $745M in revenue and $167M in net income.

The Descartes Systems Group Inc. provides global logistics technology solutions in the United States, Europe, the Middle East, Africa, Canada, and the Asia Pacific. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions.

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DSGX Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-07-312026-01-312025-01-312024-01-312023-01-312022-01-312021-01-312020-01-312019-01-312018-01-312017-01-312016-01-312015-01-312014-01-312013-01-312012-01-312011-01-312010-01-312009-01-312008-01-312007-01-31
Total Revenue$775M$745M$651M$573M$486M$425M$349M$326M$275M$237M$204M$185M$171M$151M$127M$114M$99M$74M$66M$59M$52M
Gross Profit$563M$491M$492M$435M$373M$323M$259M$240M$200M$174M$148M$131M$116M$102M$84M$76M$65M$51M$44M$38M$35M
Gross Margin %72.7%66.0%75.6%75.9%76.7%76.0%74.2%73.7%72.8%73.2%72.5%70.9%67.9%67.6%66.6%66.4%65.8%68.6%66.1%65.0%66.4%
Operating Income (EBIT)$254M$241M$181M$143M$130M$103M$71M$52M$41M$36M$31M$28M$23M$15M$17M$15M$8M$6M$8M$5M$4M
Operating Margin %32.8%32.3%27.8%24.9%26.8%24.4%20.5%16.0%15.1%15.1%15.1%15.2%13.2%9.7%13.6%13.4%7.8%8.6%11.7%8.9%6.9%
Net Income$188M$167M$143M$116M$102M$86M$52M$37M$31M$27M$24M$21M$15M$10M$16M$12M$12M$14M$20M$22M$4M
Net Margin %24.3%22.5%22.0%20.2%21.0%20.3%14.9%11.4%11.4%11.3%11.7%11.1%8.8%6.3%12.6%10.5%11.6%19.4%30.6%38.0%7.7%
EBITDA$330M$264M$219M$197M$166M$136M$114M$86M$74M$66M$58M$48M$36M$34M$30M$22M$15M$16M$13M$10M
Earnings Per Share (EPS)$2.15$1.91$1.64$1.34$1.18$1.00$0.61$0.45$0.40$0.35$0.31$0.27$0.21$0.15$0.25$0.19$0.18$0.25$0.38$0.43$0.09
Shares Outstanding (M)88M87M87M86M86M86M83M78M77M77M76M72M64M64M63M63M56M54M52M46M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

DSGX Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-07-312026-04-302026-01-312025-10-312025-07-312025-04-302025-01-312024-10-312024-07-31
Total Revenue$201M$195M$193M$186M$180M$169M$167M$169M$163M
Gross Profit$157M$134M$149M$123M$138M$129M$128M$126M$123M
Gross Margin %78.1%68.6%77.6%66.3%76.9%76.4%76.4%74.4%75.2%
Operating Income (EBIT)$67M$65M$60M$62M$48M$46M$47M$46M$46M
Operating Margin %33.3%33.3%31.2%33.1%26.8%27.4%28.1%27.1%28.1%
Net Income$50M$49M$46M$43M$38M$36M$37M$37M$35M
Net Margin %24.9%25.0%23.7%23.4%21.1%21.5%22.3%21.7%21.2%
EBITDA$84M$84M$80M$72M$69M$67M$67M$67M
Earnings Per Share (EPS)$0.57$0.56$0.52$0.50$0.43$0.41$0.43$0.42$0.40
Shares Outstanding (M)87M88M88M88M88M88M87M87M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

DSGX Free Cash Flow History

Cash flowTTM → 2026-07-312026-01-312025-01-312024-01-312023-01-312022-01-312021-01-312020-01-312019-01-312018-01-312017-01-312016-01-312015-01-312014-01-312013-01-312012-01-312011-01-312010-01-312009-01-312008-01-312007-01-31
Cash from Operations (CFO)$307M$272M$219M$208M$192M$176M$131M$104M$78M$72M$73M$54M$49M$43M$30M$24M$20M$17M$19M$12M$7M
Capital Expenditures (CapEx)$7M$6M$7M$6M$6M$5M$4M$5M$5M$5M$5M$4M$3M$2M$3M$5M$2M$2M$1M$1M$1M
Free Cash Flow (FCF)$300M$266M$213M$203M$186M$171M$127M$99M$73M$67M$68M$50M$47M$40M$27M$19M$18M$15M$17M$11M$6M
FCF Margin %38.7%35.7%32.6%35.4%38.3%40.3%36.6%30.5%26.5%28.2%33.2%27.0%27.4%26.6%21.2%16.8%18.4%20.2%26.3%18.4%10.7%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

DSGX Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-07-312026-04-302026-01-312025-10-312025-07-312025-04-302025-01-312024-10-312024-07-31
Cash from Operations (CFO)$81M$76M$77M$73M$63M$54M$61M$60M$35M
Capital Expenditures (CapEx)$2M$3M$1M$1M$1M$2M$2M$1M$2M
Free Cash Flow (FCF)$79M$73M$76M$72M$62M$52M$59M$59M$33M
FCF Margin %39.3%37.5%39.4%38.5%34.5%30.6%35.0%34.9%20.2%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

DSGX Balance Sheet History

Balance sheet2026-07-312026-01-312025-01-312024-01-312023-01-312022-01-312021-01-312020-01-312019-01-312018-01-312017-01-312016-01-312015-01-312014-01-312013-01-312012-01-312011-01-312010-01-312009-01-312008-01-312007-01-31
Total Assets$2.0B$1.9B$1.6B$1.5B$1.3B$1.2B$1.1B$943M$653M$625M$501M$453M$444M$344M$275M$259M$241M$208M$146M$126M$71M
Cash & Cash Equivalents$401M$354M$236M$321M$276M$213M$134M$44M$27M$35M$38M$37M$118M$63M$38M$66M$70M$90M$47M$44M$19M
Total Liabilities$312M$275M$262M$236M$217M$186M$152M$121M$120M$126M$70M$51M$54M$94M$38M$40M$36M$20M$14M$14M$9M
Total Debt (Short + Long-Term)$3M$4M$3M$3M$4M$4M$4M$60M$40M$2M$2M$4M$40M$2M$14M$12M$1M$1M$5M$0M
Total Shareholders' Equity$1.6B$1.6B$1.4B$1.2B$1.1B$1.0B$911M$822M$534M$499M$431M$402M$390M$250M$237M$219M$206M$188M$132M$113M$63M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive DSGX viewer.

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