DESCARTES SYSTEMS GROUP INC financials
Source: EDGAR filings · Built 2026-06-19T02:16:47Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 260.52M | 212.53M | 202.12M | 186.32M | 171.31M | 127.47M |
| EBITDA | 297.11M | 256.11M | 208.82M | 195.84M | 167.66M | 133.06M |
| Working Capital | 258.84M | 135.54M | 214.55M | 189.06M | 158.63M | 98.80M |
| Net Debt | -348.16M | -228.24M | -313.97M | -269.06M | -202.03M | -120.60M |
| Gross Margin | 77.08% | 75.64% | 75.86% | 76.68% | 76.03% | 74.21% |
| Operating Margin | 28.80% | 27.82% | 24.93% | 26.84% | 24.36% | 20.48% |
| Net Margin | 22.46% | 22.01% | 20.23% | 21.04% | 20.32% | 14.94% |
| Return on Equity (ROE) | 10.12% | 10.34% | 9.36% | 9.30% | 8.63% | 5.72% |
| Return on Assets (ROA) | 8.64% | 8.70% | 7.86% | 7.77% | 7.28% | 4.90% |
| Current Ratio | 2.16× | 1.62× | 2.05× | 2.11× | 2.19× | 1.95× |
| Debt-to-Equity | 0.01× | 0.01× | 0.01× | 0.01× | 0.01× | 0.01× |
| Effective Tax Rate | 24.56% | 25.24% | 23.32% | 23.55% | 15.91% | 25.96% |
| Cash Conversion Ratio | 1.63× | 1.53× | 1.79× | 1.88× | 2.04× | 2.52× |
| Accruals Ratio | -0.05× | -0.05× | -0.06× | -0.07× | -0.08× | -0.07× |
| SBC % of Revenue | 2.87% | 3.07% | 2.88% | 2.81% | 2.59% | 1.81% |
| CapEx Coverage | 46.47× | 32.52× | 37.33× | 31.69× | 36.48× | 34.91× |
| Free Cash Flow Per Share | $2.97 | $2.43 | $2.33 | $2.16 | $1.99 | $1.49 |
Income Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Cost of Goods and Services Sold | 167.06M | 158.57M | 138.29M | 113.33M | 101.81M | 89.91M |
| Gross Profit | 561.93M | 492.43M | 434.64M | 372.69M | 322.88M | 258.75M |
| Research and Development Expense | 105.31M | 95.50M | 84.10M | 70.35M | 62.57M | 54.07M |
| Operating Expenses | 351.95M | 311.30M | 291.79M | 242.25M | 219.45M | 187.36M |
| Operating Income (Loss) | 209.98M | 181.12M | 142.85M | 130.43M | 103.43M | 71.40M |
| Income Tax Expense (Benefit) | 53.32M | 48.36M | 35.24M | 31.49M | 16.33M | 18.27M |
| Net Income (Loss) Attributable to Parent | 163.77M | 143.27M | 115.91M | 102.24M | 86.28M | 52.10M |
| Earnings Per Share, Basic | $1.91 | $1.68 | $1.36 | $1.21 | $1.02 | $0.62 |
| Weighted Average Number of Shares Outstanding, Basic | 85.87M | 85.44M | 85.07M | 84.79M | 84.59M | 84.36M |
| Earnings Per Share, Diluted | $1.87 | $1.64 | $1.34 | $1.18 | $1.00 | $0.61 |
| Weighted Average Number of Shares Outstanding, Diluted | 87.58M | 87.32M | 86.82M | 86.45M | 86.20M | 85.76M |
Balance Sheet
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 356.53M | 236.14M | 320.95M | 276.38M | 213.44M | 133.66M |
| Assets, Current | 482.07M | 352.57M | 418.18M | 358.65M | 292.06M | 203.06M |
| Assets | 1.90B | 1.65B | 1.47B | 1.32B | 1.19B | 1.06B |
| Liabilities, Current | 223.22M | 217.03M | 203.63M | 169.59M | 133.43M | 104.26M |
| Liabilities | 276.75M | 262.38M | 236.25M | 216.65M | 185.61M | 152.19M |
| Stockholders' Equity Attributable to Parent | 1.62B | 1.39B | 1.24B | 1.10B | 999.82M | 911.07M |
| Common Stock, Shares, Outstanding | 86.02M | 85.61M | 85.18M | 84.82M | 84.76M | 84.49M |
Cash Flow Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 266.25M | 219.27M | 207.68M | 192.40M | 176.14M | 131.23M |
| Payments to Acquire Property, Plant, and Equipment | 5.73M | 6.74M | 5.56M | 6.07M | 4.83M | 3.76M |
| Net Cash Provided by (Used in) Investing Activities | -157.35M | -296.95M | -148.26M | -121.63M | -95.11M | -52.16M |
| Payments for Repurchase of Common Stock | 892.00K | — | — | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | 5.02M | -3.63M | -14.74M | -4.60M | 1.52M | 5.56M |
Derived Metrics
| Concept | Q4 2026 | Q2 2026 | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | 62.10M | — | 33.08M | — | 49.83M |
| EBITDA | — | 70.19M | — | 64.65M | — | 53.68M |
| Working Capital | 258.84M | 148.80M | 135.54M | 161.42M | 214.55M | 120.38M |
| Net Debt | -348.16M | -232.66M | -228.24M | -245.41M | -313.97M | -221.25M |
| Gross Margin | — | 76.87% | — | 75.19% | — | 75.61% |
| Operating Margin | — | 26.80% | — | 28.05% | — | 25.68% |
| Net Margin | — | 21.14% | — | 21.22% | — | 19.61% |
| Return on Equity (ROE) | — | 2.53% | — | 2.64% | — | 2.40% |
| Return on Assets (ROA) | — | 2.17% | — | 2.22% | — | 1.99% |
| Current Ratio | 2.16× | 1.70× | 1.62× | 1.79× | 2.05× | 1.59× |
| Debt-to-Equity | 0.01× | 0.01× | 0.01× | 0.01× | 0.01× | 0.01× |
| Effective Tax Rate | — | 23.18% | — | 28.22% | — | 26.97% |
| Cash Conversion Ratio | — | 1.67× | — | 1.00× | — | 1.85× |
| Accruals Ratio | — | -0.01× | — | 0.00× | — | -0.02× |
| SBC % of Revenue | — | 2.48% | — | 3.37% | — | 3.10% |
| CapEx Coverage | — | 51.08× | — | 21.99× | — | 23.86× |
| Free Cash Flow Per Share | — | $0.71 | — | $0.38 | — | $0.57 |
Income Statement
| Concept | Q4 2026 | Q2 2026 | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Cost of Goods and Services Sold | — | 41.59M | — | 40.55M | — | 34.97M |
| Gross Profit | — | 138.23M | — | 122.88M | — | 108.42M |
| Research and Development Expense | — | 26.75M | — | 23.91M | — | 21.74M |
| Operating Expenses | — | 90.04M | — | 77.03M | — | 71.59M |
| Operating Income (Loss) | — | 48.18M | — | 45.85M | — | 36.83M |
| Income Tax Expense (Benefit) | — | 11.47M | — | 13.64M | — | 10.38M |
| Net Income (Loss) Attributable to Parent | — | 38.02M | — | 34.68M | — | 28.12M |
| Earnings Per Share, Basic | — | $0.44 | — | $0.41 | — | $0.33 |
| Weighted Average Number of Shares Outstanding, Basic | 85.87M | 85.83M | 85.44M | 85.43M | 85.07M | 85.08M |
| Earnings Per Share, Diluted | — | $0.43 | — | $0.40 | — | $0.32 |
| Weighted Average Number of Shares Outstanding, Diluted | 87.58M | 87.59M | 87.32M | 87.24M | 86.82M | 86.78M |
Balance Sheet
| Concept | Q4 2026 | Q2 2026 | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 356.53M | 240.63M | 236.14M | 252.65M | 320.95M | 227.41M |
| Assets, Current | 482.07M | 360.69M | 352.57M | 365.16M | 418.18M | 324.17M |
| Assets | 1.90B | 1.76B | 1.65B | 1.57B | 1.47B | 1.42B |
| Liabilities, Current | 223.22M | 211.89M | 217.03M | 203.73M | 203.63M | 203.80M |
| Liabilities | 276.75M | 256.14M | 262.38M | 253.66M | 236.25M | 242.32M |
| Stockholders' Equity Attributable to Parent | 1.62B | 1.50B | 1.39B | 1.31B | 1.24B | 1.17B |
| Common Stock, Shares, Outstanding | 86.02M | 85.93M | 85.61M | 85.48M | 85.18M | 85.10M |
Cash Flow Statement
| Concept | Q4 2026 | Q2 2026 | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | — | 63.34M | — | 34.66M | — | 52.01M |
| Payments to Acquire Property, Plant, and Equipment | — | 1.24M | — | 1.58M | — | 2.18M |
| Net Cash Provided by (Used in) Investing Activities | — | -3.52M | — | -15.32M | — | -2.18M |
| Net Cash Provided by (Used in) Financing Activities | — | 3.64M | — | -5.94M | — | -5.75M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (DSGX CIK 0001050140),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.