Descartes Systems Group Inc income statement

In fiscal 2026, Descartes Systems Group Inc reported revenue of $729m, up 12.0% on the year before, operating income of $210m (a 28.8% margin) and net income of $164m, or $1.87 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Descartes Systems Group Inc: income statement, annual
Fiscal year	2010Jan 2010	2011Jan 2011	2012Jan 2012	2013Jan 2013	2014Jan 2014	2015Jan 2015	2016Jan 2016	2017Jan 2017	2018Jan 2018	2019Jan 2019	2020Jan 2020	2021Jan 2021	2022Jan 2022	2024Jan 2024	2025Jan 2025	2026Jan 2026
Revenue	74	99	114	127	151	171	185	204	237	275	326	349	425	573	651	729
Cost of revenue	23	34	38	42	49	55	54	56	64	75	86	90	102	138	159	167
Gross profit	51	65	76	84	102	116	131	148	174	200	240	259	323	435	492	562
Research and development	14	17	19	21	26	28	31	36	42	48	54	54	63	84	95	105
Selling and marketing	11	11	13	14	17	20	22	25	33	37	40	39	47	68	74	83
General and administrative	11	14	14	16	21	20	22	23	25	30	35	36	44	57	65	72
Operating income	6	8	15	17	15	23	28	31	36	41	52	71	103	143	181	210
Interest expense	—	0	0	0	1	1	1	1	1	2	4	1	1	1	1	1
Income before tax	7	8	15	17	14	22	28	32	35	40	48	70	103	151	192	217
Income tax	−8	−4	3	1	4	7	7	8	8	8	11	18	16	35	48	53
Net income	14	12	12	16	10	15	21	24	27	31	37	52	86	116	143	164
Diluted EPS	$0.25	$0.18	$0.19	$0.25	$0.15	$0.21	$0.27	$0.31	$0.35	$0.40	$0.45	$0.61	$1.00	$1.34	$1.64	$1.87
Diluted shares (average)	56m	63m	63m	64m	64m	72m	76m	77m	77m	78m	83m	86m	86m	87m	87m	88m
EBITDA	8	10	18	20	18	26	31	34	40	46	58	77	109	148	187	216

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Descartes Systems Group Inc's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Descartes Systems Group Inc.