The Descartes Systems Group Inc. (TSX:DSG)

TSX:DSG Balance Sheet

Financials in millions USD. Fiscal year is February - January.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Jan 31, 2026	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022
Cash & Equivalents	401.06	356.53	236.14	320.95	276.39	213.44
Cash & Short-Term Investments	401.06	356.53	236.14	320.95	276.39	213.44
Cash Growth	66.67%	50.98%	-26.43%	16.13%	29.49%	59.69%
Accounts Receivable	63.46	64.77	53.95	51.57	45.17	41.71
Other Receivables	25.7	26.38	16.93	12.19	11.27	13.77
Receivables	89.16	91.15	70.88	63.76	56.45	55.47
Inventory	-	0.1	0.72	0.35	-	0.87
Prepaid Expenses	33.64	24.45	18.46	16.91	13.83	11.11
Other Current Assets	-	9.84	26.37	16.21	11.99	11.17
Total Current Assets	523.86	482.07	352.57	418.18	358.65	292.06
Property, Plant & Equipment	21.49	21.68	20.1	17.81	18.21	21.39
Goodwill	1,043	1,026	924.76	760.41	675.65	608.76
Other Intangible Assets	336.96	332.07	321.27	251.05	229.81	229.61
Long-Term Deferred Tax Assets	6.13	6.72	3.8	2.1	11.48	14.96
Long-Term Deferred Charges	-	22.8	19	18.6	18.4	16.6
Other Long-Term Assets	27.84	4.55	5.89	6.14	3.85	2.05
Total Assets	1,959	1,896	1,647	1,474	1,316	1,185

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Jan 31, 2026	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022
Accounts Payable	16.43	20.85	20.65	17.48	10.57	10.57
Accrued Expenses	109.54	63.12	70.98	56.68	80.31	56.44
Current Portion of Leases	3.33	3.47	3.18	3.08	3.4	4.03
Current Income Taxes Payable	6.42	7.13	9.31	6.73	7.54	5.62
Current Unearned Revenue	123.87	117.89	104.23	84.51	67.78	56.78
Other Current Liabilities	-	10.76	8.67	35.15	-	-
Total Current Liabilities	259.59	223.22	217.03	203.63	169.6	133.43
Long-Term Leases	4.21	4.89	4.72	3.9	3.92	7.38
Long-Term Unearned Revenue	0.75	1.18	0.98	1.46	1.62	1.92
Long-Term Deferred Tax Liabilities	41.09	41.44	34.13	21.1	35.4	35.52
Other Long-Term Liabilities	6.69	6.02	5.53	6.15	6.12	7.35
Total Liabilities	312.32	276.75	262.38	236.25	216.65	185.61

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Jan 31, 2026	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022
Common Stock	592.93	590.73	568.34	551.16	538.45	536.3
Additional Paid-In Capital	516.56	509.19	503.13	494.7	486.55	473.3
Retained Earnings	557.17	526.98	364.03	220.76	104.85	2.61
Comprehensive Income & Other	-20.07	-7.99	-50.5	-28.59	-30.46	-12.39
Shareholders' Equity	1,647	1,619	1,385	1,238	1,099	999.82
Total Liabilities & Equity	1,959	1,896	1,647	1,474	1,316	1,185

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Jan 31, 2026	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022
Total Debt	7.54	8.36	7.9	6.98	7.32	11.41
Net Cash (Debt)	393.52	348.16	228.24	313.97	269.07	202.03
Net Cash Growth	69.14%	52.54%	-27.30%	16.69%	33.18%	67.52%
Net Cash Per Share	4.50	3.98	2.61	3.62	3.11	2.34
Filing Date Shares Outstanding	85.55	86.02	85.61	85.18	84.82	84.76
Total Common Shares Outstanding	85.55	86.02	85.61	85.18	84.82	84.76
Working Capital	264.27	258.84	135.54	214.55	189.06	158.63
Book Value Per Share	19.25	18.82	16.18	14.53	12.96	11.80
Tangible Book Value	267	261.06	138.98	226.57	193.94	161.45
Tangible Book Value Per Share	3.12	3.03	1.62	2.66	2.29	1.90
Machinery	-	41.37	42.88	52.69	47.77	44.13
Construction In Progress	-	-	0.04	0.5	0.36	0.52
Leasehold Improvements	-	0.72	0.72	0.99	1.08	0.82

Data Source: S&P Global Market Intelligence Last updated: Sep 10, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 11, 2026

Data Sources Report a data error