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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 201 | 194 | 193 | 188 | 180 | 169 | 167 | 169 | 163 | 151 | 148 | 145 |
| Cost of revenue | 44.4 | 43.4 | 43.3 | 42.5 | 41.6 | 39.7 | 39.5 | 43.2 | 40.5 | 35.4 | 36.1 | 34.3 |
| Gross profit | 157 | 150 | 149 | 145 | 138 | 129 | 128 | 126 | 123 | 116 | 112 | 110 |
| Selling, general and administrative | 43.6 | 41.9 | 41.6 | 40.6 | 37.7 | 35.2 | 35.0 | 36.0 | 35.6 | 32.4 | 31.2 | 31.9 |
| Research and development | 28.3 | 27.4 | 26.9 | 26.6 | 26.8 | 25.1 | 24.9 | 24.5 | 23.9 | 22.2 | 21.2 | 21.1 |
| Operating income | 66.7 | 63.6 | 60.1 | 57.3 | 53.3 | 49.6 | 48.7 | 47.6 | 46.0 | 46.3 | 44.6 | 42.1 |
| EBIT | 66.7 | 63.6 | 60.1 | 57.3 | 53.3 | 49.6 | 48.7 | 47.6 | 46.0 | 46.3 | 44.6 | 42.1 |
| EBITDA | 86.4 | 82.4 | 82.5 | 79.5 | 75.3 | 70.2 | 69.6 | 66.5 | 64.8 | 62.7 | 61.1 | 58.8 |
| Interest expense | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 |
| Pre-tax income | 68.6 | 65.3 | 61.3 | 58.3 | 49.5 | 47.9 | 48.7 | 48.4 | 48.3 | 46.2 | 40.1 | 34.8 |
| Income tax | 18.5 | 16.8 | 15.7 | 14.4 | 11.5 | 11.7 | 11.4 | 11.9 | 13.6 | 11.5 | 8.3 | 8.2 |
| Net income | 50.0 | 48.5 | 45.6 | 43.9 | 38.0 | 36.2 | 37.4 | 36.6 | 34.7 | 34.7 | 31.8 | 26.6 |
| Net income to common shareholders | 50.0 | 48.5 | 45.6 | 43.9 | 38.0 | 36.2 | 37.4 | 36.6 | 34.7 | 34.7 | 31.8 | 26.6 |
| Basic EPS | 0.58 | 0.56 | 0.53 | 0.51 | 0.44 | 0.42 | 0.44 | 0.43 | 0.41 | 0.41 | 0.37 | 0.31 |
| Diluted EPS | 0.57 | 0.55 | 0.52 | 0.50 | 0.43 | 0.41 | 0.43 | 0.42 | 0.40 | 0.40 | 0.37 | 0.31 |
| Average shares (basic) | 85.7 | 86.0 | 86.0 | 86.0 | 85.8 | 85.7 | 85.6 | 85.5 | 85.4 | 85.3 | 85.1 | 85.1 |
| Average shares (diluted) | 87.1 | 87.4 | 87.6 | 87.6 | 87.6 | 87.6 | 87.6 | 87.3 | 87.2 | 87.1 | 87.0 | 86.8 |