The Descartes Systems Group Inc. (DSGX)

DSGX Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Revenue	684.78	651	572.93	486.01	424.69	348.66
Revenue Growth (YoY)	12.68%	13.63%	17.88%	14.44%	21.80%	7.02%
Cost of Revenue	163.95	158.57	138.3	113.33	101.81	89.91
Gross Profit	520.83	492.43	434.64	372.69	322.88	258.75
Selling, General & Admin	143.8	138.94	125.53	106.28	91.35	75.05
Research & Development	101.22	95.5	84.1	70.35	62.57	54.07
Operating Expenses	321.59	303.84	270.14	236.81	213.02	185.02
Operating Income	199.24	188.59	164.5	135.88	109.86	73.73
Interest Expense	-0.97	-1	-1.36	-1.17	-1.12	-1.19
Interest & Investment Income	8.25	11.51	9.67	4.46	0.3	0.16
EBT Excluding Unusual Items	206.53	199.1	172.8	139.17	109.04	72.7
Merger & Restructuring Charges	-11.86	-6.76	-5.32	-2.64	-1.36	-3.99
Other Unusual Items	-0.11	-0.71	-16.33	-2.8	-5.07	1.66
Pretax Income	194.56	191.63	151.15	133.73	102.61	70.37
Income Tax Expense	46.37	48.36	35.25	31.49	16.33	18.27
Net Income	148.19	143.27	115.91	102.24	86.28	52.1
Net Income to Common	148.19	143.27	115.91	102.24	86.28	52.1
Net Income Growth	15.97%	23.61%	13.37%	18.49%	65.61%	40.82%
Shares Outstanding (Basic)	86	85	85	85	85	84
Shares Outstanding (Diluted)	88	87	87	86	86	86
Shares Change (YoY)	0.58%	0.58%	0.43%	0.29%	0.52%	3.49%
EPS (Basic)	1.73	1.68	1.36	1.21	1.02	0.62
EPS (Diluted)	1.69	1.64	1.34	1.18	1.00	0.61
EPS Growth	14.17%	22.39%	13.56%	18.00%	63.93%	35.56%
Free Cash Flow	231.31	212.53	202.12	186.32	171.31	127.47
Free Cash Flow Per Share	2.64	2.43	2.33	2.15	1.99	1.49
Gross Margin	76.06%	75.64%	75.86%	76.68%	76.03%	74.21%
Operating Margin	29.10%	28.97%	28.71%	27.96%	25.87%	21.15%
Profit Margin	21.64%	22.01%	20.23%	21.04%	20.32%	14.94%
Free Cash Flow Margin	33.78%	32.65%	35.28%	38.34%	40.34%	36.56%
EBITDA	281.61	263.58	230.47	201.28	174.09	135.39
EBITDA Margin	41.12%	40.49%	40.23%	41.41%	40.99%	38.83%
D&A For EBITDA	82.37	74.99	65.98	65.4	64.23	61.66
EBIT	199.24	188.59	164.5	135.88	109.86	73.73
EBIT Margin	29.10%	28.97%	28.71%	27.96%	25.87%	21.15%
Effective Tax Rate	23.83%	25.24%	23.32%	23.55%	15.91%	25.96%

Updated Sep 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q