15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2026 | $729M | $164M | 77.1% | 28.8% | $261M | — | $357M |
| 2025 | $651M | $143M | 75.6% | 27.8% | $213M | — | $236M |
| 2024 | $573M | $116M | 75.9% | 24.9% | $202M | — | $321M |
| 2023 | $486M | $102M | 76.7% | 26.8% | $186M | — | $276M |
| 2022 | $425M | $86M | 76.0% | 24.4% | $171M | — | $213M |
| 2021 | $349M | $52M | 74.2% | 20.5% | $127M | — | $134M |
| 2020 | $326M | $37M | 73.7% | 16.0% | $99M | — | $44M |
| 2019 | $275M | $31M | 72.7% | 15.1% | $73M | $25M | $27M |
| 2018 | $237M | $27M | 73.2% | 15.1% | $67M | $37M | $35M |
| 2017 | $204M | $24M | 72.5% | 15.1% | $68M | — | $38M |
| 2016 | — | $21M | — | — | $50M | — | $37M |
| 2015 | — | $15M | — | — | $47M | — | $118M |
| 2014 | — | $10M | — | — | $40M | $40M | $63M |
| 2013 | — | $16M | — | — | $27M | — | $38M |
| 2012 | — | $12M | — | — | $19M | — | $66M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Jul '25 | $180M | $38M | 76.9% | 26.8% | $62M | — | $241M |
| Jul '24 | $163M | $35M | 75.2% | 28.1% | $33M | — | $253M |
| Jul '23 | $143M | $28M | 75.6% | 25.7% | $50M | — | $227M |
| Jul '22 | $123M | $23M | 76.5% | 25.6% | $45M | — | $189M |
| Jul '21 | $105M | $23M | 75.6% | 25.0% | $45M | — | — |
How the market has priced DSGX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Descartes Systems Group Inc's revenue has grown 15.9% per year, and net income grown 25.7% per year. These are computed facts, not advice.
As of FY2026, Descartes Systems Group Inc reported — of total debt against $357M of cash; operating income covered interest expense 217×.
In FY2026, gross margin was 77.1%, operating margin 28.8%, and net margin 22.5%.
As of Jun '26, Descartes Systems Group Inc traded at a price-to-earnings ratio of about 35.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.