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
  1. $424.69M2022
  2. $486.01M2023
  3. $572.93M2024
  4. $651M2025
  5. $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.

ItemQ to Jul 2026Q to Apr 2026Q to Jan 2026Q to Oct 2025Q to Jul 2025Q to Apr 2025Q to Jan 2025Q to Oct 2024Q to Jul 2024Q to Apr 2024Q to Jan 2024Q to Oct 2023
Total assets1,9591,9211,8961,8211,7561,7101,6471,6191,5651,5431,4741,433
Current assets524502482401361296353294365342418374
Cash and equivalents401377357279241176236181253239321280
Receivables89.191.091.287.180.176.170.971.573.265.063.867.2
Inventory0.40.30.10.20.50.50.7———0.40.9
Net property, plant and equipment21.522.321.720.020.921.720.118.618.818.417.817.0
Goodwill1,0431,0341,0261,016993992925935850832760752
Other intangible assets337328332351350368321344304323251263
Current liabilities260245223219212219217219204229204209
Accounts payable16.418.520.915.916.123.220.720.621.319.117.514.2
Total debt7.58.18.47.68.0———————
Total liabilities312291277269256258262263254277236246
Total equity (incl. minority)1,6471,6301,6191,5521,5001,4521,3851,3561,3121,2671,2381,187
Retained earnings557537527482438400364327290255221189