Descartes Systems Group (DSGX) financials
Descartes Systems Group revenue and earnings by year
Descartes Systems Group's revenue was $729 million in the fiscal year to January 31, 2026, up 12.0% from the year before. Net income was $164 million, 22.5% of revenue. Since the fiscal year to January 31, 2017, revenue has grown 15.2% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 729 | 651 | 573 | 486 | 425 | 349 | 326 | 275 | 237 | 204 |
| Revenue growth | 12.0% | 13.6% | 17.9% | 14.4% | 21.8% | 7.0% | 18.4% | 15.9% | 16.5% | — |
| Gross profit | 562 | 492 | 435 | 373 | 323 | 259 | 240 | 200 | 174 | 148 |
| Gross margin | 77.1% | 75.6% | 75.9% | 76.7% | 76.0% | 74.2% | 73.7% | 72.7% | 73.2% | 72.5% |
| Operating income | 210 | 181 | 143 | 130 | 103 | 71 | 52 | 41 | 36 | 31 |
| Operating margin | 28.8% | 27.8% | 24.9% | 26.8% | 24.4% | 20.5% | 16.0% | 15.1% | 15.1% | 15.1% |
| Net income | 164 | 143 | 116 | 102 | 86 | 52 | 37 | 31 | 27 | 24 |
| Net margin | 22.5% | 22.0% | 20.2% | 21.0% | 20.3% | 14.9% | 11.4% | 11.4% | 11.3% | 11.7% |
| Diluted EPS | $1.86 | $1.65 | $1.34 | $1.19 | $1.00 | $0.60 | $0.44 | $0.40 | $0.35 | $0.32 |
| Free cash flow | 261 | 213 | 202 | 186 | 171 | 127 | 99 | 73 | 67 | 68 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open DSGX in Markets.
See also: DSGX valuation and P/E history · DSGX returns
No forecast, no recommendation. This page describes Descartes Systems Group from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.