The Descartes Systems Group Inc.

The Descartes Systems Group Inc.

DSGX
The Descartes Systems Group Inc.US flagNASDAQ Global Select
76.04
USD
+4.72
- -
6.52BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
2.41
2.42
2.45
2.69
3.11
3.58
3.99
4.13
5.02
5.73
6.73
7.62
8.49
9.02
Basic EPS, GAAP
0.15
0.21
0.27
0.31
0.35
0.41
0.45
0.62
1.02
1.21
1.36
1.68
1.91
2.19
Free Cash Flow per Basic Share
0.64
0.66
0.66
0.89
0.88
0.95
1.22
1.51
2.03
2.2
2.38
2.49
3.03
3.48
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.93
5.17
5.31
5.68
6.5
6.94
9.76
10.78
11.8
12.96
14.53
16.18
18.82
19.25
Tangible Book Value per Share
0.7
1.69
0.67
0.29
-0.38
-0.27
0.49
1.25
1.9
2.29
2.66
1.62
3.03
3.12
Basic Weighted Avg Shares
63
71
76
76
76
77
82
84
85
85
85
85
86
86
Sales/Revenue/Turnover
151
171
185
204
237
275
326
349
425
486
573
651
729
775
Operating Margin (%)
14
14.9
15.99
16.76
16.8
16.44
17.21
21.15
25.87
27.96
28.71
28.97
30.23
31.97
Depreciation Expense
21
25
30
34
38
45
62
62
64
65
66
75
87
83
Net Income, GAAP
10
15
21
24
27
31
37
52
86
102
116
143
164
188
Effective Tax Rate (%)
30.01
30.99
25.96
24.32
22.65
20.84
22.98
25.96
15.91
23.55
23.32
25.24
24.56
25.84
Profit Margin (%)
6.35
8.81
11.12
11.7
11.32
11.37
11.36
14.94
20.32
21.04
20.23
22.01
22.46
24.25
Working Capital
66
117
35
19
7
2
11
99
159
189
215
136
259
264
LT Debt
32
- -
- -
- -
37
25
9
9
7
4
4
5
5
4
Total Equity
250
390
402
431
499
534
822
911
1,000
1,099
1,238
1,385
1,619
1,647
Return on Invested Capital (%)
5.59
5.12
5.5
6.2
6.36
6.53
6.2
6.2
9.52
9.76
10.67
10.63
10.96
11.58
Return on Capital (%)
3.91
4.64
5.29
5.84
5.77
6.02
5.8
6.02
9.01
9.74
9.95
10.92
10.89
11.94
Return on Common Equity (%)
3.95
4.7
5.19
5.73
5.78
6.06
5.46
6.01
9.03
9.74
9.92
10.92
10.9
11.95

Capital Structure

FRC

in mil. unless spec.
Jan'26
Apr'27
Jul'27
ST Debt
3
3
3
LT Borrowings
- -
- -
- -
LT Finance Leases
5
5
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
86
86
86
Market Capitalization
6,431
6,193
6,430

Working Capital

FRC

in mil. unless spec.
Jan'26
Apr'27
Jul'27
Total Current Assets
482
502
524
Cash, Cash Equivalents & STI
357
377
401
Accounts Receivable, Net
65
69
63
Inventories
- -
- -
- -
Total Current Liabilities
223
245
260
Payables & Accruals
59
77
91
ST Debt
3
3
3
Deferred Revenue
118
126
124

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.59%
12.21%
16.89%
Free Cash Flow
18.73%
15.87%
22.58%
Net Income, GAAP
23.95%
27.08%
14.3%
Sales/Revenue/Turnover
14.77%
15.95%
11.98%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
151
163
169
167
651
2026
169
180
188
193
729
2027
194
201
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.41
0.41
0.43
- -
1.68
2026
0.42
0.44
0.51
- -
1.91
2027
0.56
0.58
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Edward J. Ryan
Full Time Employees
2,403
Sector
Technology
Industry
Software - Application
Address
120 Randall Drive Waterloo ON Canada N2V 1C6
IPO Date
Jan 27, 1999
Business
The Descartes Systems Group Inc. (Nasdaq: DSGX; TSX: DSG) provides cloud-based, software-as-a-service logistics and supply chain management solutions worldwide. Founded in 1981 and headquartered in Waterloo, Ontario, Canada, the company operates globally across the Americas, Europe, the Middle East, Africa, and Asia Pacific through offices and partners. It targets transportation providers (air, ocean, truck), logistics service providers (third-party logistics, freight forwarders, customs brokers), and distribution-intensive firms (retailers, manufacturers, distributors). Its Logistics Technology platform delivers modular, interoperable web and wireless solutions, including routing, mobile, and telematics; transportation management systems (TMS); ecommerce, shipping, and fulfillment; customs and regulatory compliance; global trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services via the Descartes Global Logistics Network. Additional offerings encompass route planning, optimization, and dispatch; fleet performance management; delivery appointment scheduling; safety and compliance tools; real-time visibility; capacity matching; parcel shipping; dock scheduling; yard management; denied party screening; foreign trade zone management; global price management; security filings; customs declarations; product classification and duty determination; export compliance; warehousing and purchase order management; customer relationship management; and shipment portals. The company also provides consulting, implementation, training, maintenance, and support services on subscription, transactional, or perpetual license bases. Recent developments include the March 2025 acquisition of 3GTMS (operating as 3G) for approximately $115 million USD, which enhances transportation management capabilities with cloud-based planning, rating, consolidation, routing, and an expanded North American carrier network for shippers, logistics providers, and freight brokers.

Company News

  • Descartes' Outlook: A Niche-Leader Trading at a Once-in-a-Decade Valuation

  • The Descartes Systems Group Inc. (DSG:CA) Q2 2027 Earnings Call Transcript

  • Descartes Systems (DSGX) Meets Q2 Earnings Estimates

  • The Descartes Systems Group Q2 Earnings Call Highlights

  • Descartes Announces Fiscal 2027 Second Quarter Financial Results

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  • The Descartes Systems Group (TSE:DSG) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

  • Nykredit A S Takes Position in The Descartes Systems Group Inc. $DSGX

  • 89,440 Shares in The Descartes Systems Group Inc. $DSGX Acquired by Bank of New York Mellon Corp

  • Descartes Acquires Extensiv

  • K&R International Services Uses Descartes to Help Automate High-Volume EU Ecommerce Import Filings

  • Descartes Acquires Tai

  • Descartes Introduces AI-Powered Image Document Management to Help Accelerate Customs Entry and Shipment Processing

  • Amundi Grows Position in The Descartes Systems Group Inc. $DSGX

  • Descartes Sets Date to Announce Second Quarter Fiscal 2027 Financial Results

  • Descartes Introduces New AI-Powered Free Trade Intelligence (FTI) Solution to Help Reduce Trade Costs

  • Forefront Global Logistics Building AI-enabled Digital Brokerage on Unified Descartes Platform

  • Descartes vs. nCino: Which Technology Stock Is a Better Buy in 2026?

  • Descartes Acquires Drivin

  • New AuditLog Capability from Descartes Helps Organizations Create Auditable, Transparent Carrier Selection Processes Amidst Rising Regulatory Scrutiny