
The Descartes Systems Group Inc Income Statement 2026-2009 | DSGX
Brief overview of revenue and earnings at The Descartes Systems Group Inc
The overview follows changes across a five-year period. Revenue reported by The Descartes Systems Group Inc was 349 million dollars at the beginning of the period and 729 million dollars at the end. The total change was +109.1%, with a CAGR of approximately 15.9%. The trajectory reflects meaningful expansion of the business.
At the gross-profit level, the result moved from $259 million to $562 million, a change of +117.2%. Direct costs grew more slowly than revenue and improved the economics of sales. The gross margin was 74.2% at the start and 77.1% at the end. The expansion indicates stronger pricing power or better control of direct costs.
Over the period, EBITDA shifted from $77.2 million to $216 million, a change of +179.9%. EBITDA expanded faster than the top line. EBITDA margin moved from 22.1% to 29.6%. The business generated more EBITDA from each unit of revenue.
The net result moved from 52.1 million dollars to 164 million dollars, or +214.3%. The period finished with its strongest net-income result.
The market value of the business moved from $7 billion to $6.2 billion, or −10.8%. Investors responded cautiously to the improvement in the business.
Summary assessment
Most key measures improved without a pronounced weak signal. The financial profile benefits from a stronger gross margin, a larger revenue base and higher operating efficiency. The key question is whether sales can be converted into sustainable profit.
Annual Income Statement The Descartes Systems Group Inc
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
6.22 B | 6.19 B | 6.16 B | 6.15 B | 6.06 B | 6.97 B | 4.78 B | 3.28 B | 2.02 B | 2.15 B | 1.31 B | 1.08 B | 897 M | 569 M | 515 M | 430 M | 315 M | - |
Shares |
85.9 M | 85.4 M | 85.1 M | 84.8 M | 84.6 M | 84.4 M | 81.7 M | 76.8 M | 76.3 M | 75.8 M | 75.6 M | 70.6 M | 62.8 M | 62.6 M | 62.2 M | 61.5 M | 55.4 M | - |
Historical Prices |
72.5 | 72.5 | 72.5 | 72.5 | 71.7 | 82.7 | 58.5 | 42.7 | 26.5 | 28.4 | 21.4 | 20.1 | 14.8 | 13.4 | 9.3 | 7.16 | 5.69 | 3.88 |
Net Income |
164 M | 143 M | 116 M | - | 86.3 M | 52.1 M | 37 M | 31.3 M | 26.9 M | 23.8 M | 20.6 M | 15.1 M | 9.61 M | 16 M | 12 M | 11.5 M | 14.4 M | - |
Revenue |
729 M | 651 M | 573 M | - | 425 M | 349 M | 326 M | 275 M | 237 M | 204 M | 185 M | 171 M | 151 M | 127 M | 114 M | 99.2 M | 73.8 M | - |
Cost of Revenue |
167 M | 159 M | 138 M | - | 102 M | 89.9 M | 85.7 M | 75 M | 63.7 M | 56.1 M | 53.9 M | 54.9 M | 49 M | 42.4 M | 38.3 M | 33.9 M | 23 M | - |
Gross Profit |
562 M | 492 M | 435 M | - | 323 M | 259 M | 240 M | 200 M | 174 M | 148 M | 131 M | 116 M | 102 M | 84.5 M | 75.7 M | 65.3 M | 50.8 M | - |
Operating Income |
210 M | 181 M | 143 M | - | 103 M | 71.4 M | 52.3 M | 41.4 M | 35.9 M | 30.7 M | 28.1 M | 22.6 M | 14.7 M | 17.2 M | 15.2 M | 7.74 M | 6.38 M | - |
Interest Expense |
- | - | - | - | 1.12 M | 1.19 M | 4.42 M | 2.13 M | 1.3 M | 611 K | 522 K | 1.09 M | 993 K | 45 K | 9 K | 14 K | - | - |
EBITDA |
216 M | 187 M | 148 M | - | 109 M | 77.2 M | 58.3 M | 46 M | 40 M | 34.3 M | 55.8 M | 47.2 M | 39.2 M | 33.8 M | 29.4 M | 23.2 M | 8.25 M | - |
Operating Expenses |
352 M | 311 M | 292 M | - | 219 M | 187 M | 184 M | 155 M | 134 M | 114 M | 102 M | 90.5 M | 81.1 M | 64.9 M | 58.3 M | 53.6 M | 44.4 M | - |
General and Administrative Expenses |
72.5 M | 65.2 M | 57.4 M | - | 44.5 M | 36.3 M | 34.6 M | 30 M | 25.4 M | 23.1 M | 21.6 M | 20.3 M | 20.5 M | 15.7 M | 14.3 M | 13.6 M | 10.7 M | - |
All numbers in USD currency
Quarterly Income Statement The Descartes Systems Group Inc
| 2026-Q2 | 2026-Q1 | 2025-Q2 | 2025-Q1 | 2024-Q2 | 2024-Q1 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q1 | 2009-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
85.8 M | 85.9 M | 85.4 M | 85.4 M | 85.1 M | 85.1 M | 84.8 M | 84.8 M | 84.8 M | - | - | - | 84.5 M | - | - | - | 84.2 M | - | - | - | 76.9 M | - | - | - | 76.8 M | - | - | - | 75.9 M | - | - | - | 75.8 M | - | - | - | 75.5 M | - | - | - | 63.7 M | - | - | - | 62.7 M | - | - | - | 62.4 M | - | - | - | 61.7 M | - | - | - | 55.4 M | - |
Net Income |
38 M | 164 M | 34.7 M | 143 M | 28.1 M | 116 M | 22.9 M | 102 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14.4 M | - |
Revenue |
180 M | 729 M | 163 M | 651 M | 143 M | 573 M | 123 M | 486 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 73.8 M | - |
Cost of Revenue |
41.6 M | 167 M | 40.5 M | 159 M | 35 M | 138 M | 28.9 M | 113 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 23 M | - |
Gross Profit |
138 M | 562 M | 123 M | 492 M | 108 M | 435 M | 94.1 M | 373 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50.8 M | - |
Operating Income |
48.2 M | 210 M | 45.8 M | 181 M | 36.8 M | 143 M | 31.5 M | 130 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.38 M | - |
Interest Expense |
- | - | 243 K | 1 M | 340 K | 1.36 M | 284 K | 1.17 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
49.7 M | 216 M | 47.2 M | 187 M | 38.2 M | 148 M | 32.8 M | 136 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.25 M | - |
Operating Expenses |
90 M | 352 M | 77 M | 311 M | 71.6 M | 292 M | 62.5 M | 242 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 44.4 M | - |
General and Administrative Expenses |
17.1 M | 72.5 M | 16.5 M | 65.2 M | 14.6 M | 57.4 M | 12.7 M | 49.7 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10.7 M | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company The Descartes Systems Group Inc (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.