The Descartes Systems Group revenue and financials

DSG · TSX · CAD

$111.79−2.79%−$3.21

Close · October 6, 2026

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%.

Annual revenue · 2026: $728.99M

$424.69M2022
$486.01M2023
$572.93M2024
$651M2025
$728.99M2026

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.

Balance sheet · Annual
Item	FY to Jan 2026	FY to Jan 2025	FY to Jan 2024	FY to Jan 2023	FY to Jan 2022
Total assets	1,896	1,647	1,474	1,316	1,185
Current assets	482	353	418	359	292
Cash and equivalents	357	236	321	276	213
Receivables	91.2	70.9	63.8	56.4	55.5
Inventory	0.1	0.7	0.4	0.8	0.9
Net property, plant and equipment	21.7	20.1	17.8	18.2	21.4
Goodwill	1,026	925	760	676	609
Other intangible assets	332	321	251	230	230
Current liabilities	223	217	204	170	133
Accounts payable	20.9	20.7	17.5	10.6	10.6
Total debt	8.4	7.9	7.0	7.3	—
Total liabilities	277	262	236	217	186
Total equity (incl. minority)	1,619	1,385	1,238	1,099	1,000
Retained earnings	527	364	221	105	2.6