DSGX financial statements
The full income statement, balance sheet, and cash-flow statement for Descartes Systems Group Inc. (The) (DSGX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2026 | FY2022 |
|---|---|---|---|
| Income Statement | as ofJan 31 ’26 | as ofJan 31 ’22 | |
| Revenue | 729M+71.7% | 425M+21.8% | |
| 562M+74.0% | 323M+24.8% | ||
| Cost of revenue | 167M+64.1% | 102M+13.2% | |
| 352M+60.4% | 219M+17.1% | ||
| Research & development | 105M+68.3% | 62.6M+15.7% | |
| Selling, general & administrative | 72.5M+63.0% | 44.5M+22.6% | |
| General & administrative | 72.5M+63.0% | 44.5M+22.6% | |
| Selling & marketing | 82.6M+76.1% | 46.9M+20.9% | |
| Restructuring | — | 66.0K-97.1% | |
| Amortization of intangibles | 81.2M+37.4% | 59.1M+5.7% | |
| Provision for credit losses | — | 1.01M-40.1% | |
| Operating income | 210M+103.0% | 103M+44.9% | |
| Interest expense | 967K-13.9% | 1.12M-5.3% | |
| Pre-tax income | 217M+111.6% | 103M+45.8% | |
| Income tax | 53.3M+226.6% | 16.3M-10.6% | |
| Net income | 164M+89.8% | 86.3M+65.6% | |
| — | $1.00+63.9% | ||
| EPS (basic) | — | $1.02+64.5% | |
| Weighted-avg shares (basic) | 85.9M+1.5% | 84.6M+0.3% | |
| Weighted-avg shares (diluted) | 87.6M+1.6% | 86.2M+0.5% | |
| Balance Sheet | as ofJan 31 ’26 | as ofJan 31 ’22 | |
| 482M+65.1% | 292M+43.8% | ||
| Cash & equivalents | 357M+67.0% | 213M+59.7% | |
| Accounts receivable | 64.8M+55.3% | 41.7M+12.1% | |
| Inventory | 101K-88.4% | 868K+102.3% | |
| Prepaid expenses | 34.3M+56.2% | 22.0M+29.7% | |
| Other current assets | 26.4M+91.6% | 13.8M-5.7% | |
| 1.90B+59.9% | 1.19B+11.5% | ||
| Property, plant & equipment | 13.5M+24.9% | 10.8M-10.5% | |
| Operating lease right-of-use | 8.17M-22.7% | 10.6M-13.1% | |
| Goodwill | 1.03B+68.5% | 609M+7.7% | |
| Intangible assets | 332M+44.6% | 230M-4.3% | |
| Deferred tax assets | 6.72M-55.1% | 15.0M-1.7% | |
| Other non-current assets | 27.3M+46.6% | 18.7M+19.9% | |
| 223M+67.3% | 133M+28.0% | ||
| Accounts payable | 20.9M+97.3% | 10.6M+32.8% | |
| Accrued liabilities | 73.9M+30.9% | 56.4M+45.2% | |
| Deferred revenue | 118M+107.6% | 56.8M+13.8% | |
| Current lease liability | 3.47M-13.8% | 4.03M-3.3% | |
| 277M+49.1% | 186M+22.0% | ||
| Deferred revenue (non-current) | 1.18M-38.8% | 1.92M+35.9% | |
| Non-current lease liability | 4.89M-33.7% | 7.38M-17.0% | |
| Operating lease liability (total) | 8.36M-26.7% | 11.4M-12.6% | |
| Deferred tax liabilities | 41.4M+16.7% | 35.5M+20.9% | |
| 1.62B+61.9% | 1000M+9.7% | ||
| Common stock | 591M+10.2% | 536M+0.8% | |
| Additional paid-in capital | 509M+7.6% | 473M+2.0% | |
| Retained earnings | 527M+20075.2% | 2.61M+103.1% | |
| Accumulated other comprehensive income | -7.99M+35.6% | -12.4M-942.3% | |
| Total liabilities & equity | 1.90B+59.9% | 1.19B+11.5% | |
| Common shares issued | 86.0M+1.5% | 84.8M+0.3% | |
| Common shares outstanding | 86.0M+1.5% | 84.8M+0.3% | |
| Shares outstanding (cover) | 86.0M+1.5% | 84.8M+0.3% | |
| Cash Flow | as ofJan 31 ’26 | as ofJan 31 ’22 | |
| 266M+51.2% | 176M+34.2% | ||
| Depreciation & amortization | 87.1M+35.7% | 64.2M+4.2% | |
| Intangible amortization | 81.2M+37.4% | 59.1M+5.7% | |
| Share-based compensation | 20.9M+89.8% | 11.0M+74.5% | |
| Deferred income taxes | 11.1M+631.2% | 1.51M-89.6% | |
| Change in receivables | — | 2.88M+2116.8% | |
| Change in inventory | — | 498K+603.0% | |
| Change in payables | — | 2.34M+440.5% | |
| -157M-65.4% | -95.1M-82.3% | ||
| Capital expenditure | 5.73M+18.7% | 4.83M+28.5% | |
| Free cash flow | 261M+52.1% | 171M+34.4% | |
| Acquisitions | 0.00-100.0% | 90.3M+86.5% | |
| 5.02M+230.9% | 1.52M-72.7% | ||
| Long-term debt issued | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | |
| Common stock issued | 14.1M+431.0% | 2.66M-57.1% | |
| Common stock repurchased | 892K | 0.00 | |
| Dividends paid | 0.00 | 0.00 | |
| Net change in cash | 120M+50.9% | 79.8M-10.6% | |
| Income taxes paid | 57.2M+355.3% | 12.6M+53.1% | |
| Valuation Ratios | as ofJan 31 ’26 | as ofJan 31 ’22 | |
| Market cap | 6.34B+2.7% | 6.17B+20.0% | |
| P/E | 73.4×+2.7% | 71.5×-48.5% | |
| P/S | 14.9×+2.7% | 14.5×-7.9% | |
| P/B | 6.3×+2.7% | 6.2×-1.4% | |
| P/FCF | 37.0×+2.7% | 36.0×-30.4% | |
| Earnings yield | 1.4%-2.7% | 1.4%+94.3% | |
| FCF yield | 2.7%-2.7% | 2.8%+43.7% | |
| Source filing | 40-F | 40-F |
About this data
Source: DSGX’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all DSGX filings on SEC EDGAR → Not investment advice.