Descartes Systems Group Financial Statements
NASDAQ: DSGXTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Descartes Systems Group revenue and earnings
In fiscal 2026, Descartes Systems Group generated $729.0 million in revenue, up 12.0% from fiscal 2025, its 15th consecutive year of revenue growth. Net income was $163.8 million (+14.3% year over year), for a net margin of 22.5% versus a median of 20.2% in the prior 5 years. Gross margin was 77.1% (up from 75.6%) and operating margin 28.8%.
Diluted earnings per share came in at $1.87, up from $1.64. Over the last 5 fiscal years, DSGX's revenue has grown at a 17.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Descartes Systems Group income statement (annual)
| Fiscal year (USD) | FY 20262026-01-31 | FY 20252025-01-31 | FY 20242024-01-31 | FY 20222022-01-31 | FY 20212021-01-31 | FY 20202020-01-31 | FY 20192019-01-31 | FY 20182018-01-31 | FY 20172017-01-31 | FY 20162016-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 728.99M | 651.00M | 572.93M | 424.69M | 348.66M | 325.79M | 275.17M | 237.44M | 203.78M | 184.99M |
| Revenue growth (YoY) | +11.98% | +13.63% | +34.91% | +21.80% | +7.02% | +18.40% | +15.89% | +16.52% | +10.15% | +8.27% |
| Cost of Revenue | 167.06M | 158.57M | 138.29M | 101.81M | 89.91M | 85.72M | 74.99M | 63.70M | 56.05M | 53.86M |
| Gross Profit | 561.93M | 492.43M | 434.64M | 322.88M | 258.75M | 240.07M | 200.18M | 173.74M | 147.73M | 131.13M |
| Operating Expenses | 351.95M | 311.30M | 291.79M | 219.45M | 187.36M | 187.81M | 158.73M | 137.85M | 117.03M | 103.04M |
| Research & Development | 105.31M | 95.50M | 84.10M | 62.57M | 54.07M | 53.51M | 47.87M | 41.80M | 35.56M | 31.29M |
| Selling, General & Admin | 155.03M | 138.94M | 125.53M | 91.35M | 75.05M | 75.02M | 66.89M | 58.58M | 48.02M | 44.03M |
| Operating Income | 209.98M | 181.12M | 142.85M | 103.43M | 71.40M | 52.26M | 41.44M | 35.88M | 30.70M | 28.10M |
| Interest Expense | 967.00K | 1.00M | 1.36M | 1.12M | 1.19M | 4.42M | 2.13M | 1.30M | 611.00K | 522.00K |
| Pretax Income | 217.09M | 191.63M | 151.15M | 102.61M | 70.37M | 48.03M | 39.51M | 34.75M | 31.50M | 27.77M |
| Income Tax | 53.32M | 48.36M | 35.24M | 16.33M | 18.27M | 11.04M | 8.23M | 7.87M | 7.66M | 7.21M |
| Net Income | 163.77M | 143.27M | 115.91M | 86.28M | 52.10M | 37.00M | 31.28M | 26.88M | 23.84M | 20.56M |
| Net Income growth (YoY) | +14.30% | +23.61% | +34.34% | +65.61% | +40.82% | +18.29% | +16.36% | +12.76% | +15.93% | +36.54% |
| EPS (Basic) | 1.91 | 1.68 | 1.36 | 1.02 | 0.62 | 0.45 | 0.41 | 0.35 | 0.31 | 0.27 |
| EPS (Diluted) | 1.87 | 1.64 | 1.34 | 1.00 | 0.61 | 0.45 | 0.40 | 0.35 | 0.31 | 0.27 |
| Shares Outstanding (Basic) | 85.87M | 85.44M | 85.07M | 84.59M | 84.36M | 81.66M | 76.83M | 76.32M | 75.80M | 75.59M |
| Shares Outstanding (Diluted) | 87.58M | 87.32M | 86.82M | 86.20M | 85.76M | 82.87M | 77.79M | 77.11M | 76.52M | 76.41M |
| EBITDA | 215.93M | 186.71M | 148.32M | 108.56M | 77.15M | 58.30M | 45.99M | 39.98M | 34.32M | 31.47M |
| Gross Margin | 77.08% | 75.64% | 75.86% | 76.03% | 74.21% | 73.69% | 72.75% | 73.17% | 72.49% | 70.89% |
| Operating Margin | 28.80% | 27.82% | 24.93% | 24.36% | 20.48% | 16.04% | 15.06% | 15.11% | 15.06% | 15.19% |
| Net Margin | 22.46% | 22.01% | 20.23% | 20.32% | 14.94% | 11.36% | 11.37% | 11.32% | 11.70% | 11.12% |
This table shows 10 annual periods of Descartes Systems Group's income statement, from FY 2026 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow DSGX's reporting calendar. What is a income statement?