What is Descartes Sys Group Inc's earnings per share (EPS)?

Descartes Sys Group Inc (DSGX) reported diluted earnings per share of $1.87 for fiscal year 2026. This represents a 14.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Descartes Sys Group Inc Financials

DSGX

Source SEC Filings (10-K/10-Q) Updated Jan 31, 2026 Currency USD FYE January

This page shows Descartes Sys Group Inc (DSGX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Earnings Quality Cash-Backed

1.63x

For every $1 of reported earnings, Descartes Sys Group Inc generates $1.63 in operating cash flow ($266.2M OCF vs $163.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

217.1x

Descartes Sys Group Inc earns $217.1 in operating income for every $1 of interest expense ($210.0M vs $967K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$729.0M

YoY+12.0%

5Y CAGR+15.9%

10Y CAGR+14.7%

Descartes Sys Group Inc generated $729.0M in revenue in fiscal year 2026. This represents an increase of 12.0% from the prior year.

EBITDA

$297.1M

YoY+16.0%

5Y CAGR+17.4%

10Y CAGR+17.8%

Descartes Sys Group Inc's EBITDA was $297.1M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 16.0% from the prior year.

Net Income

$163.8M

YoY+14.3%

5Y CAGR+25.7%

10Y CAGR+23.1%

Descartes Sys Group Inc reported $163.8M in net income in fiscal year 2026. This represents an increase of 14.3% from the prior year.

EPS (Diluted)

$1.87

YoY+14.0%

5Y CAGR+25.1%

10Y CAGR+21.4%

Descartes Sys Group Inc earned $1.87 per diluted share (EPS) in fiscal year 2026. This represents an increase of 14.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$260.5M

YoY+22.6%

5Y CAGR+15.4%

10Y CAGR+18.0%

Descartes Sys Group Inc generated $260.5M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 22.6% from the prior year.

Cash & Debt

N/A

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

77.1%

YoY+1.4pp

5Y CAGR+2.9pp

10Y CAGR+6.2pp

Descartes Sys Group Inc's gross margin was 77.1% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 1.4 percentage points from the prior year.

Operating Margin

28.8%

YoY+1.0pp

5Y CAGR+8.3pp

10Y CAGR+13.6pp

Descartes Sys Group Inc's operating margin was 28.8% in fiscal year 2026, reflecting core business profitability. This is up 1.0 percentage points from the prior year.

Net Margin

22.5%

YoY+0.5pp

5Y CAGR+7.5pp

10Y CAGR+11.3pp

Descartes Sys Group Inc's net profit margin was 22.5% in fiscal year 2026, showing the share of revenue converted to profit. This is up 0.5 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

$105.3M

YoY+10.3%

5Y CAGR+14.3%

10Y CAGR+12.9%

Descartes Sys Group Inc invested $105.3M in research and development in fiscal year 2026. This represents an increase of 10.3% from the prior year.

Share Buybacks

$892K

Descartes Sys Group Inc spent $892K on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

$5.7M

YoY-15.0%

5Y CAGR+8.8%

10Y CAGR+2.9%

Descartes Sys Group Inc invested $5.7M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 15.0% from the prior year.

DSGX Income Statement

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Revenue	$729.0M+12.0%	$651.0M+13.6%	$572.9M+17.9%	$486.0M+14.4%	$424.7M+21.8%	$348.7M
Cost of Revenue	$167.1M+5.4%	$158.6M+14.7%	$138.3M+22.0%	$113.3M+11.3%	$101.8M+13.2%	$89.9M
Gross Profit	$561.9M+14.1%	$492.4M+13.3%	$434.6M+16.6%	$372.7M+15.4%	$322.9M+24.8%	$258.8M
R&D Expenses	$105.3M+10.3%	$95.5M+13.5%	$84.1M+19.5%	$70.4M+12.4%	$62.6M+15.7%	$54.1M
SG&A Expenses	$72.5M+11.0%	$65.2M+13.7%	$57.4M+15.4%	$49.7M+11.8%	$44.5M+22.6%	$36.3M
Operating Income	$210.0M+15.9%	$181.1M+26.8%	$142.8M+9.5%	$130.4M+26.1%	$103.4M+44.9%	$71.4M
Interest Expense	$967K-3.7%	$1.0M-26.3%	$1.4M+16.8%	$1.2M+3.9%	$1.1M-5.3%	$1.2M
Income Tax	$53.3M+10.3%	$48.4M+37.2%	$35.2M+11.9%	$31.5M+92.9%	$16.3M-10.6%	$18.3M
Net Income	$163.8M+14.3%	$143.3M+23.6%	$115.9M+13.4%	$102.2M+18.5%	$86.3M+65.6%	$52.1M
EPS (Diluted)	$1.87+14.0%	$1.64+22.4%	$1.34+13.6%	$1.18+18.0%	$1.00+63.9%	$0.61

Metric	Q4'26	Q2'26	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23
Revenue	N/A	$179.8M	N/A	$163.4M	N/A	$143.4M	N/A	$123.0M
Cost of Revenue	N/A	$41.6M	N/A	$40.5M	N/A	$35.0M	N/A	$28.9M
Gross Profit	N/A	$138.2M	N/A	$122.9M	N/A	$108.4M	N/A	$94.1M
R&D Expenses	N/A	$26.8M	N/A	$23.9M	N/A	$21.7M	N/A	$18.2M
SG&A Expenses	N/A	$17.1M	N/A	$16.5M	N/A	$14.6M	N/A	$12.7M
Operating Income	N/A	$48.2M	N/A	$45.8M	N/A	$36.8M	N/A	$31.5M
Interest Expense	N/A	$243K	N/A	$243K	N/A	$340K	N/A	$284K
Income Tax	N/A	$11.5M	N/A	$13.6M	N/A	$10.4M	N/A	$8.8M
Net Income	N/A	$38.0M	N/A	$34.7M	N/A	$28.1M	N/A	$22.9M
EPS (Diluted)	N/A	$0.43	N/A	$0.40	N/A	$0.32	N/A	$0.27

DSGX Balance Sheet

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Total Assets	N/A	$1.9B+15.1%	$1.6B+11.7%	$1.5B+12.0%	$1.3B+11.0%	$1.2B
Current Assets	N/A	$482.1M+36.7%	$352.6M-15.7%	$418.2M+16.6%	$358.7M+22.8%	$292.1M
Cash & Equivalents	N/A	$356.5M+51.0%	$236.1M-26.4%	$321.0M+16.1%	$276.4M+29.5%	$213.4M
Inventory	N/A	$101K-85.9%	$715K+102.5%	$353K-53.5%	$759K-12.6%	$868K
Accounts Receivable	N/A	$64.8M+20.1%	$54.0M+4.6%	$51.6M+14.2%	$45.2M+8.3%	$41.7M
Goodwill	N/A	$1.0B+10.9%	$924.8M+21.6%	$760.4M0.0%	$760.4M+24.9%	$608.8M
Total Liabilities	N/A	$276.8M+5.5%	$262.4M+11.1%	$236.3M+9.0%	$216.7M+16.7%	$185.6M
Current Liabilities	N/A	$223.2M+2.9%	$217.0M+6.6%	$203.6M+20.1%	$169.6M+27.1%	$133.4M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	N/A	$1.6B+16.9%	$1.4B+11.9%	$1.2B+12.6%	$1.1B+10.0%	$999.8M
Retained Earnings	N/A	$527.0M+44.8%	$364.0M+64.9%	$220.8M+110.5%	$104.8M+3914.1%	$2.6M

Metric	Q4'26	Q2'26	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23
Total Assets	$1.9B+8.0%	$1.8B+6.6%	$1.6B+5.2%	$1.6B+6.2%	$1.5B+4.1%	$1.4B+7.6%	$1.3B+5.6%	$1.2B
Current Assets	$482.1M+33.7%	$360.7M+2.3%	$352.6M-3.4%	$365.2M-12.7%	$418.2M+29.0%	$324.2M-9.6%	$358.7M+32.4%	$270.8M
Cash & Equivalents	$356.5M+48.2%	$240.6M+1.9%	$236.1M-6.5%	$252.7M-21.3%	$321.0M+41.1%	$227.4M-17.7%	$276.4M+46.2%	$189.0M
Inventory	$101K-81.1%	$534K-25.3%	$715K	N/A	$353K-63.6%	$970K+27.8%	$759K-6.8%	$814K
Accounts Receivable	$64.8M+5.6%	$61.3M+13.7%	$54.0M-6.2%	$57.5M+11.5%	$51.6M-8.3%	$56.2M+24.5%	$45.2M-7.6%	$48.9M
Goodwill	$1.0B+3.4%	$992.5M+7.3%	$924.8M+8.8%	$850.0M+11.8%	$760.4M-0.6%	$765.1M+0.6%	$760.4M+13.2%	$671.8M
Total Liabilities	$276.8M+8.0%	$256.1M-2.4%	$262.4M+3.4%	$253.7M+7.4%	$236.3M-2.5%	$242.3M+11.8%	$216.7M+4.0%	$208.3M
Current Liabilities	$223.2M+5.3%	$211.9M-2.4%	$217.0M+6.5%	$203.7M+0.1%	$203.6M-0.1%	$203.8M+20.2%	$169.6M+8.8%	$155.9M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.6B+7.9%	$1.5B+8.3%	$1.4B+5.6%	$1.3B+6.0%	$1.2B+5.5%	$1.2B+6.8%	$1.1B+5.9%	$1.0B
Retained Earnings	$527.0M+20.2%	$438.3M+20.4%	$364.0M+25.5%	$290.1M+31.4%	$220.8M+36.0%	$162.3M+54.8%	$104.8M+115.6%	$48.6M

DSGX Cash Flow Statement

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	$266.2M+21.4%	$219.3M+5.6%	$207.7M+7.9%	$192.4M+9.2%	$176.1M+34.2%	$131.2M
Capital Expenditures	$5.7M-15.0%	$6.7M+21.2%	$5.6M-8.4%	$6.1M+25.7%	$4.8M+28.5%	$3.8M
Free Cash Flow	$260.5M+22.6%	$212.5M+5.2%	$202.1M+8.5%	$186.3M+8.8%	$171.3M+34.4%	$127.5M
Investing Cash Flow	-$157.3M+47.0%	-$296.9M-100.3%	-$148.3M-21.9%	-$121.6M-27.9%	-$95.1M-82.3%	-$52.2M
Financing Cash Flow	$5.0M+238.2%	-$3.6M+75.4%	-$14.7M-220.2%	-$4.6M-403.6%	$1.5M-72.7%	$5.6M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$892K	N/A	N/A	N/A	N/A	N/A

Metric	Q4'26	Q2'26	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23
Operating Cash Flow	N/A	$63.3M	N/A	$34.7M	N/A	$52.0M	N/A	$46.4M
Capital Expenditures	N/A	$1.2M	N/A	$1.6M	N/A	$2.2M	N/A	$1.8M
Free Cash Flow	N/A	$62.1M	N/A	$33.1M	N/A	$49.8M	N/A	$44.6M
Investing Cash Flow	N/A	-$3.5M	N/A	-$15.3M	N/A	-$2.2M	N/A	-$62.9M
Financing Cash Flow	N/A	$3.6M	N/A	-$5.9M	N/A	-$5.8M	N/A	-$5.1M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

DSGX Financial Ratios

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Gross Margin	77.1%+1.4pp	75.6%-0.2pp	75.9%-0.8pp	76.7%+0.7pp	76.0%+1.8pp	74.2%
Operating Margin	28.8%+1.0pp	27.8%+2.9pp	24.9%-1.9pp	26.8%+2.5pp	24.4%+3.9pp	20.5%
Net Margin	22.5%+0.5pp	22.0%+1.8pp	20.2%-0.8pp	21.0%+0.7pp	20.3%+5.4pp	14.9%
Return on Equity	N/A	8.8%+0.5pp	8.4%+0.1pp	8.3%+0.4pp	7.8%+2.6pp	5.2%
Return on Assets	N/A	7.6%+0.5pp	7.0%+0.1pp	6.9%+0.4pp	6.6%+2.2pp	4.4%
Current Ratio	N/A	2.16+0.5	1.62-0.4	2.05-0.1	2.11-0.1	2.19
Debt-to-Equity	N/A	0.17-0.0	0.190.0	0.190.0	0.20+0.0	0.19
FCF Margin	35.7%+3.1pp	32.6%-2.6pp	35.3%-3.1pp	38.3%-2.0pp	40.3%+3.8pp	36.6%

Metric	Q4'26	Q2'26	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23
Gross Margin	N/A	76.9%	N/A	75.2%	N/A	75.6%	N/A	76.5%
Operating Margin	N/A	26.8%	N/A	28.1%	N/A	25.7%	N/A	25.7%
Net Margin	N/A	21.1%	N/A	21.2%	N/A	19.6%	N/A	18.6%
Return on Equity	N/A	2.5%	N/A	2.6%	N/A	2.4%	N/A	2.2%
Return on Assets	N/A	2.2%	N/A	2.2%	N/A	2.0%	N/A	1.8%
Current Ratio	2.16+0.5	1.70+0.1	1.62-0.2	1.79-0.3	2.05+0.5	1.59-0.5	2.11+0.4	1.74
Debt-to-Equity	0.170.0	0.17-0.0	0.190.0	0.190.0	0.19-0.0	0.210.0	0.200.0	0.20
FCF Margin	N/A	34.5%	N/A	20.2%	N/A	34.8%	N/A	36.3%

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Frequently Asked Questions

What is Descartes Sys Group Inc's annual revenue?

Descartes Sys Group Inc (DSGX) reported $729.0M in total revenue for fiscal year 2026. This represents a 12.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Descartes Sys Group Inc's revenue growing?

Descartes Sys Group Inc (DSGX) revenue grew by 12% year-over-year, from $651.0M to $729.0M in fiscal year 2026.

Is Descartes Sys Group Inc profitable?

Yes, Descartes Sys Group Inc (DSGX) reported a net income of $163.8M in fiscal year 2026, with a net profit margin of 22.5%.

What is Descartes Sys Group Inc's EBITDA?

Descartes Sys Group Inc (DSGX) had EBITDA of $297.1M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

What is Descartes Sys Group Inc's gross margin?

Descartes Sys Group Inc (DSGX) had a gross margin of 77.1% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Descartes Sys Group Inc's operating margin?

Descartes Sys Group Inc (DSGX) had an operating margin of 28.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Descartes Sys Group Inc's net profit margin?

Descartes Sys Group Inc (DSGX) had a net profit margin of 22.5% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

What is Descartes Sys Group Inc's free cash flow?

Descartes Sys Group Inc (DSGX) generated $260.5M in free cash flow during fiscal year 2026. This represents a 22.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Descartes Sys Group Inc's operating cash flow?

Descartes Sys Group Inc (DSGX) generated $266.2M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Descartes Sys Group Inc's capital expenditures?

Descartes Sys Group Inc (DSGX) invested $5.7M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How much does Descartes Sys Group Inc spend on research and development?

Descartes Sys Group Inc (DSGX) invested $105.3M in research and development during fiscal year 2026.

Does Descartes Sys Group Inc buy back shares?

Yes, Descartes Sys Group Inc (DSGX) spent $892K on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

Are Descartes Sys Group Inc's earnings high quality?

Descartes Sys Group Inc (DSGX) has an earnings quality ratio of 1.63x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Descartes Sys Group Inc cover its interest payments?

Descartes Sys Group Inc (DSGX) has an interest coverage ratio of 217.1x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.