Descartes Systems Group Inc
TSX:DSG

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Descartes Systems Group Inc Logo
Descartes Systems Group Inc
TSX:DSG
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Price: 150.32 CAD 0.74%
Market Cap: 12.8B CAD
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Income Statement

Earnings Waterfall
Descartes Systems Group Inc

Revenue
607.7m USD
Cost of Revenue
-146.4m USD
Gross Profit
461.3m USD
Operating Expenses
-307.6m USD
Operating Income
153.7m USD
Other Expenses
-25.9m USD
Net Income
127.8m USD

Income Statement
Descartes Systems Group Inc

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Income Statement
Currency: USD
Jul-2014 Oct-2014 Jan-2015 Apr-2015 Jul-2015 Oct-2015 Jan-2016 Apr-2016 Jul-2016 Oct-2016 Jan-2017 Apr-2017 Jul-2017 Oct-2017 Jan-2018 Apr-2018 Jul-2018 Oct-2018 Jan-2019 Apr-2019 Jul-2019 Oct-2019 Jan-2020 Apr-2020 Jul-2020 Oct-2020 Jan-2021 Apr-2021 Jul-2021 Oct-2021 Jan-2022 Apr-2022 Jul-2022 Oct-2022 Jan-2023 Apr-2023 Jul-2023 Oct-2023 Jan-2024 Apr-2024 Jul-2024
Revenue
Revenue
163
N/A
167
+3%
171
+2%
174
+2%
177
+1%
181
+2%
185
+2%
189
+2%
195
+3%
199
+2%
204
+2%
209
+3%
216
+3%
227
+5%
237
+5%
250
+5%
260
+4%
268
+3%
275
+3%
286
+4%
300
+5%
313
+4%
326
+4%
331
+2%
335
+1%
339
+1%
349
+3%
364
+4%
384
+6%
406
+6%
425
+5%
442
+4%
461
+4%
473
+3%
486
+3%
506
+4%
527
+4%
550
+4%
573
+4%
588
+3%
608
+3%
Gross Profit
Cost of Revenue
(53)
(54)
(55)
(55)
(55)
(54)
(54)
(54)
(54)
(55)
(56)
(57)
(58)
(61)
(64)
(68)
(71)
(73)
(75)
(76)
(79)
(82)
(86)
(88)
(89)
(89)
(90)
(92)
(95)
(98)
(102)
(106)
(109)
(111)
(113)
(118)
(124)
(131)
(138)
(141)
(146)
Gross Profit
110
N/A
113
+3%
116
+3%
119
+3%
122
+2%
127
+4%
131
+3%
135
+3%
140
+4%
144
+3%
148
+3%
153
+3%
158
+3%
165
+5%
174
+5%
182
+5%
189
+4%
195
+3%
200
+3%
210
+5%
220
+5%
230
+5%
240
+4%
244
+2%
246
+1%
250
+2%
259
+3%
272
+5%
289
+6%
308
+6%
323
+5%
336
+4%
351
+4%
362
+3%
373
+3%
388
+4%
402
+4%
419
+4%
435
+4%
447
+3%
461
+3%
Operating Income
Operating Expenses
(86)
(88)
(91)
(93)
(95)
(99)
(102)
(105)
(109)
(111)
(114)
(117)
(120)
(126)
(134)
(141)
(148)
(152)
(155)
(164)
(170)
(178)
(188)
(187)
(189)
(187)
(187)
(192)
(200)
(210)
(220)
(231)
(236)
(239)
(241)
(245)
(257)
(277)
(291)
(301)
(308)
Selling, General & Administrative
(39)
(40)
(41)
(41)
(42)
(43)
(44)
(45)
(46)
(47)
(48)
(50)
(52)
(55)
(59)
(61)
(64)
(66)
(67)
(72)
(71)
(73)
(77)
(73)
(77)
(75)
(75)
(79)
(82)
(88)
(90)
(97)
(97)
(99)
(102)
(103)
(110)
(117)
(124)
(130)
(135)
Research & Development
(27)
(28)
(28)
(29)
(29)
(30)
(31)
(33)
(34)
(35)
(36)
(36)
(37)
(39)
(42)
(44)
(46)
(47)
(48)
(49)
(50)
(52)
(54)
(54)
(54)
(54)
(54)
(56)
(58)
(61)
(63)
(64)
(67)
(68)
(70)
(74)
(77)
(81)
(84)
(86)
(88)
Depreciation & Amortization
(19)
(20)
(22)
(23)
(24)
(25)
(26)
(27)
(29)
(29)
(30)
(31)
(31)
(32)
(34)
(35)
(38)
(39)
(40)
(43)
(48)
(52)
(56)
(56)
(56)
(56)
(56)
(56)
(57)
(58)
(59)
(60)
(61)
(61)
(60)
(60)
(59)
(60)
(61)
(61)
(63)
Other Operating Expenses
0
0
0
(0)
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(1)
(2)
(3)
(3)
(2)
(2)
(1)
(2)
(3)
(3)
(9)
(10)
(11)
(11)
(9)
(9)
(11)
(19)
(23)
(24)
(21)
Operating Income
24
N/A
25
+4%
26
+2%
26
+2%
27
+4%
28
+4%
30
+5%
31
+4%
31
+2%
33
+4%
34
+5%
36
+5%
38
+6%
39
+2%
40
+2%
41
+2%
41
+1%
43
+4%
45
+5%
46
+1%
50
+9%
52
+5%
52
0%
57
+10%
57
-1%
63
+11%
72
+15%
80
+10%
89
+12%
98
+9%
103
+5%
105
+2%
115
+10%
123
+7%
132
+7%
143
+8%
145
+1%
142
-2%
144
+1%
146
+1%
154
+6%
Pre-Tax Income
Interest Income Expense
(1)
(1)
(1)
(0)
(0)
(0)
(0)
0
1
1
1
0
(1)
(1)
(1)
(1)
(2)
(2)
(2)
(1)
(3)
(2)
(0)
(1)
4
3
2
3
2
3
2
7
3
3
5
1
6
9
13
20
23
Non-Reccuring Items
(6)
(6)
(3)
(2)
(2)
(2)
(2)
(2)
(2)
(3)
(4)
(3)
(4)
(4)
(4)
(4)
(4)
(3)
(4)
(5)
(5)
(5)
(4)
(3)
(4)
(4)
(4)
(4)
(2)
(2)
(2)
(2)
(3)
(3)
(3)
(3)
(3)
(4)
(5)
(6)
(7)
Pre-Tax Income
17
N/A
18
+11%
22
+18%
23
+6%
25
+7%
26
+3%
28
+8%
29
+3%
30
+3%
30
+2%
32
+4%
33
+4%
34
+4%
34
+1%
35
+1%
35
+1%
35
+2%
38
+7%
40
+5%
40
+2%
42
+5%
45
+7%
48
+7%
54
+12%
57
+6%
62
+9%
70
+13%
78
+11%
89
+14%
98
+10%
103
+4%
110
+7%
116
+5%
124
+7%
134
+8%
141
+5%
148
+5%
147
0%
151
+3%
160
+6%
169
+6%
Net Income
Tax Provision
(4)
(4)
(7)
(7)
(7)
(7)
(7)
(7)
(7)
(7)
(8)
(8)
(8)
(8)
(9)
(9)
(8)
(8)
(8)
(9)
(10)
(12)
(11)
(13)
(14)
(16)
(18)
(19)
(17)
(14)
(16)
(19)
(25)
(32)
(31)
(33)
(34)
(33)
(35)
(38)
(42)
Income from Continuing Operations
12
14
15
16
18
19
21
22
22
23
24
25
26
26
26
26
28
29
31
32
32
33
37
41
43
46
52
59
72
84
86
91
91
92
102
108
114
114
116
121
128
Net Income (Common)
12
N/A
14
+16%
15
+5%
16
+8%
18
+9%
19
+6%
21
+10%
22
+5%
22
+3%
23
+3%
24
+3%
25
+4%
26
+6%
26
+1%
27
+2%
27
+0%
28
+5%
30
+6%
31
+4%
32
+1%
32
+0%
33
+6%
37
+11%
41
+10%
43
+5%
46
+9%
52
+12%
59
+14%
72
+21%
84
+17%
86
+2%
91
+5%
91
0%
92
+1%
102
+12%
108
+6%
114
+5%
114
+0%
116
+2%
121
+5%
128
+5%
EPS (Diluted)
0.18
N/A
0.2
+11%
0.21
+5%
0.21
N/A
0.23
+10%
0.25
+9%
0.27
+8%
0.29
+7%
0.3
+3%
0.31
+3%
0.31
N/A
0.33
+6%
0.34
+3%
0.34
N/A
0.34
N/A
0.34
N/A
0.36
+6%
0.38
+6%
0.4
+5%
0.4
N/A
0.39
-3%
0.4
+3%
0.45
+13%
0.48
+7%
0.5
+4%
0.54
+8%
0.61
+13%
0.68
+11%
0.83
+22%
0.97
+17%
1
+3%
1.05
+5%
1.05
N/A
1.06
+1%
1.18
+11%
1.25
+6%
1.31
+5%
1.31
N/A
1.34
+2%
1.39
+4%
1.47
+6%

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