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Descartes Sys (DSG.TO)

Descartes Sys (DSG.TO)
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Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.

Fiscal Year End Date: 01/31

(Values in U.S. Thousands) Apr, 2026 Oct, 2025 Jul, 2025 Apr, 2025 Oct, 2024
Sales 193,621 192,757 187,681 179,815 168,739
Sales Growth +0.45% +2.70% +4.37% +6.56% +0.76%
Net Income 48,476 45,604 43,899 38,020 36,244
Net Income Growth +6.30% +3.88% +15.46% +4.90% -3.01%
(Values in U.S. Thousands) Apr, 2026 Oct, 2025 Jul, 2025 Apr, 2025 Oct, 2024
Total Assets 1,920,604 1,895,665 1,820,816 1,756,024 1,709,890
Total Assets Growth +1.32% +4.11% +3.69% +2.70% +3.79%
Total Liabilities 290,876 276,753 269,134 256,138 257,953
Total Liabilities Growth +5.10% +2.83% +5.07% -0.70% -1.69%
(Values in U.S. Thousands) Apr, 2026 Oct, 2025 Jul, 2025 Apr, 2025 Oct, 2024
Operating Cash Flow 75,144 75,947 73,360 63,336 53,603
Operating Cash Flow Growth -1.06% +3.53% +15.83% +18.16% -11.73%
Net Cash Flow 21,031 75,903 38,105 63,457 -63,553
Change in Net Cash Flow -72.29% +99.19% -39.95% +199.85% -210.71%
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