Financials in USD. Standardized financial statements.
A compact view of how The Descartes Systems Group Inc. turns revenue into operating income and net income.
| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $744.99M | $651.00M | $572.93M | $486.01M | $424.69M | $348.66M | $325.79M | $275.17M | $237.44M | $203.78M |
| Revenue Growth? | +14.4% | +13.6% | +17.9% | +14.4% | +21.8% | +7.0% | +18.4% | +15.9% | +16.5% | 0.0% |
| Cost of Revenue? | $253.70M | $158.57M | $138.29M | $113.33M | $101.81M | $89.91M | $85.72M | $74.99M | $63.70M | $56.05M |
| Gross Profit? | $491.29M | $492.43M | $434.64M | $372.69M | $322.88M | $258.75M | $240.07M | $200.18M | $173.74M | $147.73M |
| Gross Margin? | +65.9% | +75.6% | +75.9% | +76.7% | +76.0% | +74.2% | +73.7% | +72.7% | +73.2% | +72.5% |
| Operating Expenses? | $250.72M | $311.30M | $291.79M | $242.25M | $219.45M | $187.36M | $187.81M | $158.73M | $137.85M | $117.03M |
| Operating Income? | $240.57M | $181.12M | $142.85M | $130.43M | $103.43M | $71.40M | $52.26M | $41.44M | $35.88M | $30.70M |
| EBITDA? | $329.62M | $263.58M | $219.37M | $196.83M | $165.54M | $136.18M | $114.19M | $86.36M | $73.62M | $65.74M |
| Income Before Tax | $221.85M | $191.63M | $151.15M | $133.73M | $102.61M | $70.37M | $48.03M | $39.51M | $34.75M | $31.50M |
| Income Tax Expense | $54.49M | $48.36M | $35.24M | $31.49M | $16.33M | $18.27M | $11.04M | $8.23M | $7.87M | $7.66M |
| Net Income? | $167.36M | $143.27M | $115.91M | $102.24M | $86.28M | $52.10M | $37.00M | $31.28M | $26.88M | $23.84M |
| EPS? | $1.95 | $1.68 | $1.36 | $1.21 | $1.02 | $0.62 | $0.45 | $0.41 | $0.35 | $0.31 |
| Diluted EPS? | $1.91 | $1.64 | $1.34 | $1.18 | $1.00 | $0.61 | $0.45 | $0.40 | $0.35 | $0.31 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality