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DSGXThe Descartes Systems Group Inc.
$72.10$6.2B
Overview & Verdict
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DSGX logoThe Descartes Systems Group Inc.(DSGX)Earnings, Financials & Key Ratios

DSGX•NASDAQ
$72.10
37.7× P/E·Price updated Jul 7, 2026
SectorTechnologyIndustryApplication SoftwareSub-IndustryVertical industry SaaS applications
AboutThe Descartes Systems Group Inc. provides cloud-based logistics and supply chain management business process solutions that focuses on enhancing the productivity, performance, and security of logistics-intensive businesses worldwide. Its Logistics Technology platform offers a range of modular, cloud-based, and interoperable web and wireless logistics management applications, which unites a community of logistics-focused parties, allowing them to transact business. The company provides a suite of solutions that include routing, mobile and telematics; transportation management and e-commerce enablement; customs and regulatory compliance; trade data; global logistics network services; and broker and forwarder enterprise systems. It offers its customers to use its modular, software-as-a-service, and data solutions to route, schedule, track, and measure delivery resources; plan, allocate, and execute shipments; rate, audit, and pay transportation invoices; access and analyze global trade data; research and perform trade tariff and duty calculations; file customs and security documents for imports and exports; and various other logistics processes. The company also provides cloud-based ecommerce warehouse management solutions; consulting, implementation, and training services; and maintenance and support services. It primarily focuses on serving transportation providers, logistics service providers, and distribution-intensive companies, as well as manufacturers, retailers, distributors, and mobile business service providers. The company was incorporated in 1981 and is headquartered in Waterloo, Canada.Show more
  • Revenue$745M+14.4%
  • EBITDA$330M+28.7%
  • Net Income$167M+16.8%
  • EPS (Diluted)1.91+16.5%
  • Gross Margin65.95%-12.8%
  • EBITDA Margin44.24%+12.5%
  • Operating Margin32.29%+16.1%
  • Net Margin22.46%+2.1%
  • ROE11.18%+2.3%

DSGX Price & Volume

The Descartes Systems Group Inc. (DSGX) stock price & volume — 10-year historical chart

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Logistics Network Scale Drives Sustained Margin Expansion

Investment Thesis • Updated 2027Q1

VerdictPositive
Growth:Expanding
Profitability:Strong
Financial:Fortress
Cash Flow:Robust
Primary Risk:Serial acquisition integration fatigue

Key Thesis Takeaways

  • Descartes Systems Group demonstrates a robust growth trajectory underpinned by a disciplined 'string of pearls' acquisition strategy that has successfully scaled operating margins to 33.3% as of 2027Q1.
  • The company maintains a fortress balance sheet with a 0.00 debt-to-equity ratio, providing significant flexibility for future inorganic expansion.
  • However, investors should monitor the potential for integration fatigue as goodwill now accounts for over 50% of total assets, which may necessitate careful oversight of long-term organic growth sustainability.

Verdict Logic

the company's ability to generate high-quality earnings is evidenced by an OCF/NI ratio of 1.55 and a consistent 37.5% FCF margin, suggesting strong underlying operational health despite the risks inherent in a serial acquisition strategy.

DSGX Growth Metrics

The Descartes Systems Group Inc. (DSGX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years14.95%
5 Years16.4%
3 Years15.3%
TTM13.28%

Profit CAGR

10 Years23.33%
5 Years26.29%
3 Years17.86%
TTM22.05%

EPS CAGR

10 Years21.61%
5 Years25.64%
3 Years17.41%
TTM21.69%

Return on Capital

10 Years9.97%
5 Years12.59%
3 Years13.6%
Last Year15.56%

DSGX Recent Earnings

The Descartes Systems Group Inc. (DSGX) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 4/12 qtrs (40%)●Beat Revenue 6/12 qtrs (60%)
Q3 2026Latest
Jun 3, 2026
Metric
Actual
Est
EPS
$0.56+7.3%
$0.52
Rev
$198M+2.3%
$194M
Q2 2026
May 5, 2026
Metric
Actual
Est
EPS
$0.54-12.9%
$0.62
Rev
$196M-6.1%
$209M
Q2 2026
Mar 11, 2026
Metric
Actual
Est
EPS
$0.52+4.8%
$0.50
Rev
$193M+0.6%
$192M
Q4 2025
Dec 3, 2025
Metric
Actual
Est
EPS
$0.50+8.7%
$0.46
Rev
$187M+1.8%
$183M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026LatestJun 3, 2026
$0.56vs $0.52+7.3%
$198Mvs $194M+2.3%
Q2 2026May 5, 2026
$0.54vs $0.62-12.9%
$196Mvs $209M-6.1%
Q2 2026Mar 11, 2026
$0.52vs $0.50+4.8%
$193Mvs $192M+0.6%
Q4 2025Dec 3, 2025
$0.50vs $0.46+8.7%
$187Mvs $183M+1.8%
Based on last 12 quarters of dataView full earnings history →

Latest DSGX News

Recent stock market news and headlines for The Descartes Systems Group Inc. (DSGX)

GlobeNewsWire·2 days ago
Descartes Acquires Drivin

Expands AI-powered last mile logistics capabilities and Global Logistics Network with Latin American delivery management platform  WATERLOO, Ontario, ATLANTA and SANTIAGO, Chile, July 06, 2026 (GLOBE NEWSWIRE) -- The Descartes Systems Group (Nasdaq: DSGX) (TSX: DSG), the global leader in uniting logistics-intensive businesses in commerce, today announced the acquisition of Drivin, a leading provider of last mile delivery management solutions across Latin America. Drivin enables distributors, retailers, consumer goods companies, and logistics service providers to improve delivery performance with advanced route optimization, dispatch management, and real-time execution visibility, enhanced by machine learning and agentic AI capabilities.

GlobeNewsWire·Jun 23, 2026
New AuditLog Capability from Descartes Helps Organizations Create Auditable, Transparent Carrier Selection Processes Amidst Rising Regulatory Scrutiny

ATLANTA, June 23, 2026 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced a new review management and audit logging capability within Descartes MyCarrierPortal™ to help freight brokers, third party logistics service providers (3PLs) and shippers create auditable, transparent carrier selection processes. With standardized review workflows, management oversight and auditable decision records, AuditLog helps companies reduce their reliance on manual recordkeeping and disconnected documentation systems.

GuruFocus·Jun 18, 2026
The Descartes Systems Group Inc (DSGX) Stock Down 4.3% -- Now Undervalued? GF Score: 87/100

On June 18, 2026, The Descartes Systems Group Inc (DSGX) shares fell 4.3% today, closing at $67.42. The stock has experienced significant volatility, trading wi

Peers Comparison

Key metrics vs top competitors for The Descartes Systems Group Inc. (DSGX)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
DSGX logoDSGXThe Descartes Systems Group Inc.Current
$72.10$6.2B37.7514.44%22.46%11.18%—
SAIA logoSAIASaia, Inc.
$416.00$11.09B43.700.79%7.84%10.04%—
GTLS logoGTLSChart Industries, Inc.
$209.29$10.02B634.212.49%-0.63%-0.78%—
PCTY logoPCTYPaylocity Holding Corporation
$118.84$6.36B29.5613.74%14.94%22.36%—
PRGS logoPRGSProgress Software Corporation
$39.21$1.61B23.6229.79%8.87%18.16%—
EVTC logoEVTCEVERTEC, Inc.
$28.60$1.76B13.0010.21%13.95%18.65%—

Compare DSGX vs Peers

The Descartes Systems Group Inc. (DSGX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SAIA

Most directly comparable listed peer for DSGX.

Scale Benchmark

vs UPS

Larger-name benchmark to compare DSGX against a more recognizable public peer.

Peer Set

Compare Top 5

vs SAIA, GTLS, PCTY, PRGS

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DSGX Frequently Asked Questions

The Descartes Systems Group Inc. (DSGX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is The Descartes Systems Group Inc.'s revenue?

The Descartes Systems Group Inc. (DSGX) reported $757.1M in revenue for fiscal year 2026. This represents a 3592% increase from $20.5M in 1997.

How fast is The Descartes Systems Group Inc. growing?

The Descartes Systems Group Inc. (DSGX) grew revenue by 14.4% over the past year. This is steady growth.

Is DSGX profitable?

Yes, The Descartes Systems Group Inc. (DSGX) is profitable, generating $176.8M in net income for fiscal year 2026 (22.5% net margin).

Dividend & Returns
What is DSGX's return on equity?

The Descartes Systems Group Inc. (DSGX) has a return on equity (ROE) of 11.2%. This is reasonable for most industries.

What is The Descartes Systems Group Inc.'s free cash flow?

The Descartes Systems Group Inc. (DSGX) generated $282.7M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in DSGX back in 1997?

Total return calculator · dividends reinvested · 29+ years of data

See returns →