The Descartes Systems Group Inc. (DSGX)

DSGX Cash Flow 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	Oct 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Net Income	155.53	143.27	115.91	102.24	86.28	52.1
Depreciation & Amortization	85.63	74.99	65.98	65.4	64.23	61.66
Stock-Based Compensation	20.15	19.96	16.48	13.67	11.02	6.31
Other Adjustments	9.03	-5.02	-5.86	3.3	1.82	14.73
Changes in Other Operating Activities	-19.31	-13.93	15.18	7.79	12.79	-3.58
Operating Cash Flow	251.02	219.27	207.68	192.4	176.14	131.23
Operating Cash Flow Growth	19.93%	5.58%	7.95%	9.23%	34.22%	25.88%
Capital Expenditures	-6.39	-6.74	-5.56	-6.07	-4.83	-3.76
Payments for Business Acquisitions	-155.36	-290.2	-142.7	-115.56	-90.28	-48.4
Investing Cash Flow	-161.74	-296.95	-148.26	-121.63	-95.11	-52.16
Long-Term Debt Issued	-	-	-	-	-	10.2
Long-Term Debt Repaid	-	-	-	-	-1.07	-10.79
Net Long-Term Debt Issued (Repaid)	-	-	-	-	-1.07	-0.6
Issuance of Common Stock	13.83	12.39	9.27	1.73	2.66	6.19
Repurchase of Common Stock	-6.49	-6.75	-4.89	-	-	-
Net Common Stock Issued (Repurchased)	7.34	5.65	4.39	1.73	2.66	6.19
Other Financing Activities	-1.22	-9.28	-19.13	-6.33	-0.07	-0.04
Financing Cash Flow	6.13	-3.63	-14.74	-4.6	1.52	5.56
Effect of Exchange Rate Changes on Cash and Cash Equivalents	2.1	-3.51	-0.11	-3.21	-2.77	4.63
Net Cash Flow	97.51	-84.81	44.57	62.95	79.78	89.26
Free Cash Flow	244.64	212.53	202.12	186.32	171.31	127.47
Free Cash Flow Growth	15.11%	5.15%	8.48%	8.77%	34.39%	28.30%
FCF Margin	34.76%	32.65%	35.28%	38.34%	40.34%	36.56%
Free Cash Flow Per Share	2.79	2.43	2.33	2.16	1.99	1.49
Levered Free Cash Flow	215.46	197.59	191.5	169.36	157.4	105.83
Unlevered Free Cash Flow	210.59	189.73	185.13	166.84	159.16	107.19

Updated Oct 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q