The Descartes Systems Group revenue and financials
$115.00Change from previous close: +0.87%Absolute change: +$0.99
In the fiscal year ended January 2026, The Descartes Systems Group reported revenue of $728.99M (+11.98% year over year). Net income was $163.77M, a net margin of 22.5%.
Fiscal year ending in January. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +11.98%
- FY to Jan 2026 vs FY to Jan 2025
- Net income growth
- +14.30%
- FY to Jan 2026 vs FY to Jan 2025
- Net margin
- 22.5%
- FY to Jan 2025: 22.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | FY to Jan 2026 | FY to Jan 2025 | FY to Jan 2024 | FY to Jan 2023 |
|---|---|---|---|---|
| Total revenue | 729 | 651 | 573 | 486 |
| Cost of revenue | 167 | 159 | 138 | 113 |
| Gross profit | 562 | 492 | 435 | 373 |
| Selling, general and administrative | 155 | 139 | 126 | 106 |
| Research and development | 105 | 95.5 | 84.1 | 70.4 |
| Operating income | 220 | 189 | 164 | 136 |
| EBIT | 218 | 193 | 153 | 135 |
| EBITDA | 305 | 268 | 218 | 200 |
| Interest expense | 1.0 | 1.0 | 1.4 | 1.2 |
| Pre-tax income | 217 | 192 | 151 | 134 |
| Income tax | 53.3 | 48.4 | 35.2 | 31.5 |
| Net income | 164 | 143 | 116 | 102 |
| Net income to common shareholders | 164 | 143 | 116 | 102 |
| Basic EPS | 1.91 | 1.68 | 1.36 | 1.21 |
| Diluted EPS | 1.87 | 1.64 | 1.34 | 1.18 |
| Average shares (basic) | 85.9 | 85.4 | 85.1 | 84.8 |
| Average shares (diluted) | 87.6 | 87.3 | 86.8 | 86.5 |