The Descartes Systems Group Inc. (DSGX)

DSGX Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Revenue	651	572.93	486.01	424.69	348.66
Revenue Growth (YoY)	13.63%	17.88%	14.44%	21.80%	7.02%
Cost of Revenue	158.57	138.3	113.33	101.81	89.91
Gross Profit	492.43	434.64	372.69	322.88	258.75
Selling, General & Admin	138.94	125.53	106.28	91.35	75.05
Research & Development	95.5	84.1	70.35	62.57	54.07
Operating Expenses	303.84	270.14	236.81	213.02	185.02
Operating Income	188.59	164.5	135.88	109.86	73.73
Interest Expense	-1	-1.36	-1.17	-1.12	-1.19
Interest & Investment Income	11.51	9.67	4.46	0.3	0.16
EBT Excluding Unusual Items	199.1	172.8	139.17	109.04	72.7
Merger & Restructuring Charges	-6.76	-5.32	-2.64	-1.36	-3.99
Other Unusual Items	-0.71	-16.33	-2.8	-5.07	1.66
Pretax Income	191.63	151.15	133.73	102.61	70.37
Income Tax Expense	48.36	35.25	31.49	16.33	18.27
Net Income	143.27	115.91	102.24	86.28	52.1
Net Income to Common	143.27	115.91	102.24	86.28	52.1
Net Income Growth	23.61%	13.37%	18.49%	65.61%	40.82%
Shares Outstanding (Basic)	85	85	85	85	84
Shares Outstanding (Diluted)	87	87	86	86	86
Shares Change (YoY)	0.58%	0.43%	0.29%	0.52%	3.49%
EPS (Basic)	1.68	1.36	1.21	1.02	0.62
EPS (Diluted)	1.64	1.34	1.18	1.00	0.61
EPS Growth	22.39%	13.56%	18.00%	63.93%	35.56%
Free Cash Flow	212.53	202.12	186.32	171.31	127.47
Free Cash Flow Per Share	2.43	2.33	2.15	1.99	1.49
Gross Margin	75.64%	75.86%	76.68%	76.03%	74.21%
Operating Margin	28.97%	28.71%	27.96%	25.87%	21.15%
Profit Margin	22.01%	20.23%	21.04%	20.32%	14.94%
Free Cash Flow Margin	32.65%	35.28%	38.34%	40.34%	36.56%
EBITDA	263.58	230.47	201.28	174.09	135.39
EBITDA Margin	40.49%	40.23%	41.41%	40.99%	38.83%
D&A For EBITDA	74.99	65.98	65.4	64.23	61.66
EBIT	188.59	164.5	135.88	109.86	73.73
EBIT Margin	28.97%	28.71%	27.96%	25.87%	21.15%
Effective Tax Rate	25.24%	23.32%	23.55%	15.91%	25.96%

Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q