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 | Q to Jul 2026 | Q to Apr 2026 | Q to Jan 2026 | Q to Oct 2025 | Q to Jul 2025 | Q to Apr 2025 | Q to Jan 2025 | Q to Oct 2024 | Q to Jul 2024 | Q to Apr 2024 | Q to Jan 2024 | Q to Oct 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 81.3 | 75.1 | 75.9 | 73.4 | 63.3 | 53.6 | 60.7 | 60.1 | 34.7 | 63.7 | 50.8 | 56.1 |
| Depreciation and amortization | 19.7 | 18.8 | 22.4 | 22.2 | 22.0 | 20.6 | 20.9 | 18.9 | 18.8 | 16.4 | 16.5 | 16.7 |
| Capital expenditure | -2.0 | -2.6 | -1.4 | -1.2 | -1.2 | -1.9 | -2.1 | -1.3 | -1.6 | -1.8 | -0.7 | -1.5 |
| Investing cash flow | -31.4 | -32.3 | -1.4 | -38.2 | -3.5 | -114 | -5.8 | -134 | -15.3 | -142 | -0.7 | -1.5 |
| Financing cash flow | -24.0 | -21.8 | 1.4 | 3.0 | 3.6 | -3.0 | 2.5 | 2.4 | -5.9 | -2.6 | -10.0 | 0.4 |
| Share repurchases | -24.3 | -25.3 | -0.9 | — | 0.0 | -6.5 | — | — | — | -6.7 | — | — |
| Effect of exchange rates | -1.7 | -0.6 | 1.8 | 0.1 | 0.8 | 3.8 | -2.5 | 0.2 | 0.3 | -1.5 | 1.3 | -2.8 |
| Net change in cash | 24.1 | 20.5 | 77.7 | 38.2 | 64.2 | -59.7 | 54.9 | -71.4 | 13.7 | -82.0 | 41.3 | 52.2 |
| Free cash flow | 79.3 | 72.6 | 74.5 | 72.2 | 62.1 | 51.7 | 58.6 | 58.8 | 33.1 | 62.0 | 50.0 | 54.6 |
| Levered free cash flow | 84.2 | 84.8 | 65.6 | 67.2 | 50.6 | 52.8 | 48.2 | 67.9 | 16.8 | 66.7 | 39.8 | 53.5 |