The Descartes Systems Group revenue and financials
$111.79Change from previous close: −2.79%Absolute change: −$3.21
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 | FY to Jan 2022 |
|---|---|---|---|---|---|
| Operating cash flow | 266 | 219 | 208 | 192 | 176 |
| Depreciation and amortization | 87.1 | 75.0 | 66.0 | 65.4 | 64.2 |
| Capital expenditure | -5.7 | -6.7 | -5.6 | -6.1 | -4.8 |
| Investing cash flow | -157 | -297 | -148 | -122 | -95.1 |
| Financing cash flow | 5.0 | -3.6 | -14.7 | -4.6 | 1.5 |
| Share repurchases | -7.4 | -6.7 | -4.9 | — | — |
| Debt issued | — | — | — | 0.0 | 0.0 |
| Debt repaid | — | — | 0.0 | 0.0 | -1.1 |
| Effect of exchange rates | 6.5 | -3.5 | -0.1 | -3.2 | -2.8 |
| Net change in cash | 120 | -84.8 | 44.6 | 62.9 | 79.8 |
| Free cash flow | 261 | 213 | 202 | 186 | 171 |
| Levered free cash flow | 236 | 200 | 198 | 190 | 158 |