The Descartes Systems Group Inc. (DSGX) Stock: Price, Forecast & Analyst Target
The Descartes Systems Group Inc. (DSGX) — MoonshotScore 88/100 (Exceptional band), calculated Oct 5, 2026. Price $80.08 (-1.37%), as of the Oct 2, 2026 trading session; market cap $6.86B. Expected results Dec 2, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Market value / cash and short-term investments: 17.10× (market value Oct 2, 2026; cash Jul 31, 2026) · expected results Dec 2, 2026
The Descartes Systems Group Inc. · DSGX · NASDAQ · Technology · Software - Application
Research dated 2026-09-13: Descartes Systems Group provides cloud-based software that runs global shipping, customs compliance, and supply chain logistics. Because the platform integrates directly into the daily operations of freight forwarders and distributors, the deciding issue is whether global trade volumes can sustain the steady, recurring revenue growth the current valuation expects.
Price as of Oct 2, 2026
Key Statistics
MoonshotScore v2 · The Descartes Systems Group (DSGX)
ExceptionalWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
High quality, a fortress balance sheet and durable growth, with no real weak spot — fairly priced, so not a bargain entry. Business Quality: Elite; Financial Safety: Fortress; Valuation: Full; Growth Durability: Growing; Momentum: Rising.
- quarterly revenue $195M (Q1 FY2027, quarter ended Apr 2026)
- EPS beat 4 of 8
- Altman Z 14.57 · Piotroski F 8
Helping: business quality, balance-sheet strength, durable growth, positive momentum
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 88 | Exceptional | |
| 89 | Exceptional | |
| 88 | Exceptional | |
| 88 | Exceptional | |
| 89 | Exceptional | |
| 89 | Exceptional |
The score was 88 in the stored Oct 4, 2026 snapshot and remains 88 in the current publication computed Oct 5, 2026 (0). This current publication is not yet represented in the immutable snapshot archive.
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $80.08 | |
| Change on the day | -1.37% | |
| 52-week range | $62.56 – $98.35 | |
| Market capitalisation | $6.86B | |
| Price / earnings (trailing) | 36.43 | |
| Shares traded on the day | 350.6K | |
| Beta (volatility vs the S&P 500) | 0.19 |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings call · management outlook
- · Earnings results · in line with the recorded estimate
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
Management outlook
And a couple of more points as it relates to the remainder of fiscal 2027, going forward, we expect to continue to see strong operating cash flow conversion north of 80% of our adjusted EBITDA of course, subject to unusual events and quarterly fluctuations, including adjustments related to future earn out payments that exceed our estimates made at the time of an acquisition.
Edward James Gardner · Statement from
After incurring approximately $2.6 million in capital additions in the first quarter, We expect to incur approximately $4 million to $6 million in additional capital expenditures this coming year mainly related to IT equipment purchases.
Edward James Gardner · Statement from
Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.
Read management statementsCouncil Score · weighted blend of 2 available disciplines
Council score for The Descartes Systems Group (DSGX): Strongly Bullish
78/100 · ACouncil is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
5-Factor Breakdown
Legends Council
4 lenses, 4 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Oct 4, 2026
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 10, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.
Readings on this page are from Oct 5, 2026, except a card that shows its own read date.
Watch the DSGX film — every key number, told as a short cinematic story
~2 min · open the film
What is The Descartes Systems Group (DSGX), and what does it report?
Short answer · as of
The business operates as a toll collector on cross-border trade, selling subscriptions to platforms that manage truck routing, warehouse inventory, and international customs documentation.
Research dated 2026-09-13.
The business operates as a toll collector on cross-border trade, selling subscriptions to platforms that manage truck routing, warehouse inventory, and international customs documentation. Assuming the firm operates like a general application software vendor ignores its reality as a deeply embedded logistics network, where customer retention comes from the steep operational risk of replacing active trade compliance systems.
When the company reports revenue, it primarily measures recurring service fees from these cloud applications, while legacy software licenses and consulting represent a negligible sliver of total sales.
What do the latest results show for The Descartes Systems Group (DSGX)?
Short answer · as of
The most recent reported quarter, Q1 FY2027, carried revenue of $195M.
Research dated 2026-09-13.
Recent earnings periods reveal a steady, unbroken climb in total revenue and net income, consistently outpacing analyst consensus models. This upward trajectory relies on adding new subscribers to the logistics network while expanding the services sold to existing users, pushing gross profits higher.
Even as research and development costs rise to support platform features, the core software model allows those expenses to scale slower than revenue, dropping increasing amounts of cash to the bottom line each successive reporting cycle.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
- Latest quarter · revenue
- $201.11M Jul 31, 2026
- Latest quarter · R&D
- $28.29M Jul 31, 2026
- Latest quarter · SG&A
- $43.62M Jul 31, 2026
- Latest quarter · FMP standardized operating result
- $66.73M Jul 31, 2026
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Jul 31, 2026 | $201.11M | $28.29M | $43.62M | $66.73M |
| Apr 30, 2026 | $193.62M | $27.40M | $41.91M | $63.61M |
| Jan 31, 2026 | $194.63M | $27.16M | $41.59M | $64.44M |
| Oct 31, 2025 | $185.81M | $26.33M | $40.61M | $61.59M |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $198.88M Sep 10, 2026
- Latest report · revenue estimate
- $197.54M Sep 10, 2026
- Latest report · revenue vs estimate
- Above estimate Sep 10, 2026
- Latest report · EPS vs estimate
- In line Sep 10, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Sep 10, 2026 | $198.88M | $197.54M | $0.5700 | $0.5700 |
| Jun 3, 2026 | $197.93M | $193.57M | $0.5500 | $0.5300 |
| Mar 11, 2026 | $192.71M | $191.51M | $0.5200 | $0.5000 |
| Dec 3, 2025 | $186.59M | $183.26M | $0.5000 | $0.4600 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q1 FY2027 | $195M | $49M | $0.56 (diluted) |
| Q4 FY2026 | $193M | $46M | $0.57 (diluted) |
| Q3 FY2026 | $186M | $43M | $0.50 (diluted) |
| Jul 2025 | $180M | $38M | $0.43 (diluted) |
What are the financial strengths and risks for The Descartes Systems Group (DSGX)?
Short answer
Cash and short-term investments were $401.09M at the Jul 31, 2026 balance-sheet date. Operating cash flow was $80.89M for the quarter ended Jul 31, 2026, meaning operations generated cash. These figures do not establish a cash runway.
Research dated 2026-09-13.
The balance sheet carries essentially no debt, leaving the business entirely funded by operating cash and existing equity. Operating cash flow reliably covers all capital requirements, allowing the cash stockpile to grow continuously.
The specific vulnerability here is a structural drop in global shipping volumes; because the valuation implies uninterrupted expansion, a sustained slowdown in cross-border trade would compress the market premium even if the core software remains strictly embedded in client operations.
How much cash does the business generate or use?
Quarterly operating cash flow shows cash generated or used by operations.
- Latest quarter · operating cash flow
- $80.89M Jul 31, 2026
- Previous quarter · operating cash flow
- $75.78M Apr 30, 2026
| Period end | Operating cash flow | Capital expenditure (reported) |
|---|---|---|
| Jul 31, 2026 | $80.89M | −$1.99M |
| Apr 30, 2026 | $75.78M | −$2.60M |
| Jan 31, 2026 | $77.40M | −$1.46M |
| Oct 31, 2025 | $72.68M | −$1.18M |
Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.
USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.
What should you watch next at The Descartes Systems Group (DSGX)?
Short answer · as of
The next earnings report is expected on Dec 2, 2026.
Research dated 2026-09-13.
Management explicitly ties future success to converting high portions of underlying earnings into operating cash, making any deviation in cash generation an essential metric to monitor. Upcoming financial reports will test whether the company can maintain its streak of beating revenue estimates without accelerating its spending on technical infrastructure.
Investors should monitor whether the forecasted increases in information technology expenditures signal a need for heavier ongoing investment to maintain the current platform architecture.
What management is planning
Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.
And a couple of more points as it relates to the remainder of fiscal 2027, going forward, we expect to continue to see strong operating cash flow conversion north of 80% of our adjusted EBITDA of course, subject to unusual events and quarterly fluctuations, including adjustments related to future earn out payments that exceed our estimates made at the time of an acquisition.
Edward James Gardner ·
After incurring approximately $2.6 million in capital additions in the first quarter, We expect to incur approximately $4 million to $6 million in additional capital expenditures this coming year mainly related to IT equipment purchases.
Edward James Gardner ·
What the records here don't tell us
- No insider Form 4 transaction falls inside the window this page reads.
Checked against the records this page reads, on the dates shown above.
How does The Descartes Systems Group compare with its peers?
Short answer
The Descartes Systems Group's score ranks 8th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
Research dated 2026-09-13.
Unlike broad software vendors that sell productivity tools across all industries, this platform is purpose-built for the regulatory and physical realities of moving freight. The business functions more like a specialized utility for customs brokers and freight forwarders than a traditional technology provider.
By focusing strictly on trade compliance and fleet routing, the firm avoids competing with major enterprise software giants, defending a niche where deep regulatory knowledge is as important as the underlying code.
| Company | Price | Market value | Score |
|---|---|---|---|
| $346.57 Oct 2, 2026 | $4.66B | 98 5-pillar Oct 5, 2026 | |
| $78.28 Oct 2, 2026 | $6.75B | 94 5-pillar Oct 5, 2026 | |
| $22.22 Oct 2, 2026 | $5.39B | 93 5-pillar Oct 5, 2026 | |
| $202.97 Oct 2, 2026 | $7.25B | 92 5-pillar Oct 5, 2026 | |
| $33.93 Oct 2, 2026 | $5.58B | 91 5-pillar Oct 5, 2026 | |
| $8.17 Oct 2, 2026 | $8.54B | 90 5-pillar Oct 5, 2026 | |
| $220.99 Oct 2, 2026 | $9.96B | 90 5-pillar Oct 5, 2026 | |
| The Descartes Systems Group (DSGX) — this page | $80.08 | $6.86B | 88 |
| $11.95 Oct 2, 2026 | $5.62B | 86 5-pillar Oct 5, 2026 | |
| $113.90 Oct 2, 2026 | $6.67B | 85 5-pillar Oct 5, 2026 | |
| $40.32 Oct 2, 2026 | $9.41B | 85 5-pillar Oct 5, 2026 | |
| $144.27 Oct 2, 2026 | $6.72B | 85 5-pillar Oct 5, 2026 | |
| $335.13 Oct 2, 2026 | $8.65B | 80 5-pillar Oct 5, 2026 |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Analyst targets & estimates
What analysts have on file
- Price target, low to high
- $90.00 – $118.00
- Consensus target
- $102.00
- Median target
- $98.00
Consensus record · Captured .
Measured against a quoted price of $80.08 (as of Oct 2, 2026).
Who holds the shares?
Institutional ownership reported through 13F filings.
- Institutional ownership
- 82.2% Period end Jun 30, 2026
- Previous quarter · ownership
- 79.9% Prior to period end Jun 30, 2026
- Reporting holders
- 355 Period end Jun 30, 2026
- Previous quarter · holders
- 360 Prior to period end Jun 30, 2026
| Holders in provider snapshot | Shares |
|---|---|
| Price T Rowe Associates INC /Md/ | 5,669,388 |
| 1832 Asset Management L.P. | 3,826,186 |
| Jupiter Topco LLC | 2,624,926 |
| Vanguard Capital Management LLC | 2,399,478 |
| Manufacturers Life Insurance Company, The | 2,045,632 |
Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.
What has been published about The Descartes Systems Group (DSGX)?
DSGX Technology Stock FAQ
Research dated 2026-09-13; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.
How does the reliance on cloud subscriptions shape the revenue profile?
By transitioning almost entirely to recurring service fees, the company avoids the severe revenue fluctuations typical of traditional software licensing. This model ensures that daily operations from existing logistics clients fund ongoing development, making top-line results highly predictable regardless of broader enterprise software spending trends.
Why do capital expenditures remain minimal relative to total operating cash?
Delivering software through the cloud means the primary costs lie in initial engineering rather than physical deployment or heavy manufacturing. Because the global trade intelligence network is already built, adding new freight customers requires negligible physical investment, allowing the vast majority of incoming cash to accumulate on the balance sheet.
Does the trade compliance software require escalating research and development costs?
While the absolute amount spent on research grows as the product suite expands, it consumes a relatively stable portion of the expanding revenue base. The firm manages to build out new compliance and routing features without letting technical spending outpace sales, preserving its strong profit margins.
Does the heavy focus on customs brokers limit the total market opportunity?
While customs documentation forms a core pillar, the platform also sells route optimization to retailers and warehouse management tools to distribution corporations. This broadens the customer base beyond simple border crossings, capturing revenue from domestic mobile workforces and localized fulfillment centers.
What is the DSGX stock price today?
The last price recorded on this page for The Descartes Systems Group Inc. (DSGX) is $80.08, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
What is the DSGX price target?
The analyst consensus price target for The Descartes Systems Group Inc. (DSGX) is $102.00 (range $90.00 to $118.00, median $98.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (82 figures)
The 82 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 2 facts from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
prod.outlook | Management outlook — call excerpts | Edward James Gardner (Sep 10, 2026): And a couple of more points as it relates to the remainder of fiscal 2027, going forward, we expect to continue to see strong operating cash flow conversion north of 80% of our adjusted EBITDA of course, subject to unusual events and quarterly fluctuations, including adjustments related to future earn out payments that exceed our estimates made at the time of an acquisition. Edward James Gardner (Sep 10, 2026): After incurring approximately $2.6 million in capital additions in the first quarter, We expect to incur approximately $4 million to $6 million in additional capital expenditures this coming year mainly related to IT equipment purchases. | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | |
id.hq | SEC filing business address | 120 Randall ST, Waterloo, A6, N2V 1C6 | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "120 Randall Drive, Waterloo, ON, N2V 1C6, CA". |
FMP — 72 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.next | Next earnings date | Dec 2, 2026 | FMP | Financial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it. | |
px.last | Latest provided price | $80.08 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T18:14:49.887Z. | |
px.change | Change on the day | -1.37% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalisation | $6.86B | FMP | Financial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:01.000Z. Captured from FMP at 2026-10-04T18:14:49.627Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | −$1.11 | FMP | Financial Modeling Prep (FMP) · quote | |
fin.q_revenue | Revenue, Q1 FY2027 | $195M | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
px.pe | Price / earnings (trailing) | 36.43 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 350.6K | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 0.19 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Edward J. Ryan | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 2,403 | FMP | Financial Modeling Prep (FMP) employee count, from the company's filing | |
fin.annual | Revenue and net result by fiscal year | 5 fiscal years, FY2022 through FY2026: FY2022 revenue $424.69M, net result $86.28M; FY2023 revenue $486.01M, net result $102.24M; FY2024 revenue $572.93M, net result $115.91M; FY2025 revenue $651.00M, net result $143.27M; FY2026 revenue $728.99M, net result $163.77M | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.rev_mix | Reported revenue segments | License $2.52M · Service $677.18M · Professional services and other $49.29M | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K | |
fin.gross_margin | Gross margin (trailing twelve months) | 77.6% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table.depth.2026-07-31.revenue_k | Revenue — period end 2026-07-31 | $201.11M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-07-31.rd_k | R&D — period end 2026-07-31 | $28.29M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-07-31.sga_k | SG&A — period end 2026-07-31 | $43.62M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-07-31.operating_result_k | FMP standardized operating result — period end 2026-07-31 | $66.73M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-04-30.revenue_k | Revenue — period end 2026-04-30 | $193.62M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-04-30.rd_k | R&D — period end 2026-04-30 | $27.40M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-04-30.sga_k | SG&A — period end 2026-04-30 | $41.91M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-04-30.operating_result_k | FMP standardized operating result — period end 2026-04-30 | $63.61M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-01-31.revenue_k | Revenue — period end 2026-01-31 | $194.63M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-01-31.rd_k | R&D — period end 2026-01-31 | $27.16M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-01-31.sga_k | SG&A — period end 2026-01-31 | $41.59M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-01-31.operating_result_k | FMP standardized operating result — period end 2026-01-31 | $64.44M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-10-31.revenue_k | Revenue — period end 2025-10-31 | $185.81M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-10-31.rd_k | R&D — period end 2025-10-31 | $26.33M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-10-31.sga_k | SG&A — period end 2025-10-31 | $40.61M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-10-31.operating_result_k | FMP standardized operating result — period end 2025-10-31 | $61.59M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
earn.history.depth.2026-09-10.revenue_actual | Revenue · reported — report date 2026-09-10 | $198.88M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-09-10.revenue_estimated | Revenue · estimate — report date 2026-09-10 | $197.54M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-09-10.eps_actual | EPS · reported — report date 2026-09-10 | $0.5700 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-09-10.eps_estimated | EPS · estimate — report date 2026-09-10 | $0.5700 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-06-03.revenue_actual | Revenue · reported — report date 2026-06-03 | $197.93M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-06-03.revenue_estimated | Revenue · estimate — report date 2026-06-03 | $193.57M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-06-03.eps_actual | EPS · reported — report date 2026-06-03 | $0.5500 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-06-03.eps_estimated | EPS · estimate — report date 2026-06-03 | $0.5300 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-11.revenue_actual | Revenue · reported — report date 2026-03-11 | $192.71M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-11.revenue_estimated | Revenue · estimate — report date 2026-03-11 | $191.51M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-11.eps_actual | EPS · reported — report date 2026-03-11 | $0.5200 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-11.eps_estimated | EPS · estimate — report date 2026-03-11 | $0.5000 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-03.revenue_actual | Revenue · reported — report date 2025-12-03 | $186.59M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-03.revenue_estimated | Revenue · estimate — report date 2025-12-03 | $183.26M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-03.eps_actual | EPS · reported — report date 2025-12-03 | $0.5000 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-03.eps_estimated | EPS · estimate — report date 2025-12-03 | $0.4600 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q1 FY2027 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
fin.cash_investments | Cash and short-term investments | $401.09M | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. | |
fin.opcf_latest | Latest-quarter operating cash flow | $80.89M | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-07-31. Negative operating cash flow means cash used. This figure is not a cash-runway estimate. | |
fin.long_term_investments | Long-term investments (classification unverified) | $0.00 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.total_debt | Total debt | $7.54M | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 4.17× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.opcf.depth.2026-07-31.operating_cash_flow_m | Operating cash flow — period end 2026-07-31 | $80.89M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-04-30.operating_cash_flow_m | Operating cash flow — period end 2026-04-30 | $75.78M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-07-31.capex_m | Capital expenditure (reported) — period end 2026-07-31 | −$1.99M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-04-30.capex_m | Capital expenditure (reported) — period end 2026-04-30 | −$2.60M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-01-31.operating_cash_flow_m | Operating cash flow — period end 2026-01-31 | $77.40M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-01-31.capex_m | Capital expenditure (reported) — period end 2026-01-31 | −$1.46M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-10-31.operating_cash_flow_m | Operating cash flow — period end 2025-10-31 | $72.68M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-10-31.capex_m | Capital expenditure (reported) — period end 2025-10-31 | −$1.18M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
earn.pt_range | Analyst price target, low to high | $90.00 – $118.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
earn.pt_consensus | Consensus analyst price target | $102.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
earn.pt_median | Median analyst price target | $98.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
own.institutions.depth.ownership_pct | Institutional ownership | 82.2% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.ownership_pct_previous_quarter | Previous quarter · ownership | 79.9% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.institutions.depth.holders | Reporting holders | 355 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.holders_previous_quarter | Previous quarter · holders | 360 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.top_holders.depth.holder_0.shares | Price T Rowe Associates INC /Md/ — shares in provider snapshot | 5,669,388 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_1.shares | 1832 Asset Management L.P. — shares in provider snapshot | 3,826,186 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_2.shares | Jupiter Topco LLC — shares in provider snapshot | 2,624,926 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_3.shares | Vanguard Capital Management LLC — shares in provider snapshot | 2,399,478 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_4.shares | Manufacturers Life Insurance Company, The — shares in provider snapshot | 2,045,632 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. |
UNRECORDED — 3 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.history | Reported versus estimated, recent quarters | EPS beat 4 of 8 | UNRECORDED | Stored earnings-history observation — Captured 2026-10-04 | |
fin.scores | Distress and quality screens | Altman Z 14.57 · Piotroski F 8 | UNRECORDED | Stored financial-scores observation — Captured 2026-10-04 · Expired observation | |
px.range52 | 52-week range | $62.56 – $98.35 | UNRECORDED | Stored company-profile observation — Captured 2026-10-04 |
COMPUTED — 3 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
fin.mcap_to_cash | Market value per dollar of cash and short-term investments | 17.10× | — | COMPUTED | Computed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $401.09M at Jul 31, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-07-31. The inputs do not establish a single common source date for this ratio. |
earn.history.depth.2026-09-10.revenue_actual.comparison | Latest report · revenue vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($198.88M) with the recorded estimate ($197.54M) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-09-10.eps_actual.comparison | Latest report · EPS vs estimate | In line | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.5700) with the recorded estimate ($0.5700) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 2 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 88 of 100 · Exceptional · pillars 80 / 97 / 47 / 77 / 68 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.moonshot_change | MoonshotScore movement | 88 (stored snapshot Oct 4, 2026) → 88 (current publication computed Oct 5, 2026) (0) | OURS | Stock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive. |
Fact-family notes
- Quarterly statement note. Source series as of 2026-07-31. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs:
fin.q_table.depth.2026-07-31.revenue_k,fin.q_table.depth.2026-07-31.rd_k,fin.q_table.depth.2026-07-31.sga_k,fin.q_table.depth.2026-07-31.operating_result_k,fin.q_table.depth.2026-04-30.revenue_k,fin.q_table.depth.2026-04-30.rd_k,fin.q_table.depth.2026-04-30.sga_k,fin.q_table.depth.2026-04-30.operating_result_k,fin.q_table.depth.2026-01-31.revenue_k,fin.q_table.depth.2026-01-31.rd_k,fin.q_table.depth.2026-01-31.sga_k,fin.q_table.depth.2026-01-31.operating_result_k,fin.q_table.depth.2025-10-31.revenue_k,fin.q_table.depth.2025-10-31.rd_k,fin.q_table.depth.2025-10-31.sga_k,fin.q_table.depth.2025-10-31.operating_result_k. - Earnings-history note. Source series as of 2026-09-10. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-09-10.revenue_actual,earn.history.depth.2026-09-10.revenue_estimated,earn.history.depth.2026-09-10.revenue_actual.comparison,earn.history.depth.2026-09-10.eps_actual.comparison,earn.history.depth.2026-09-10.eps_actual,earn.history.depth.2026-09-10.eps_estimated,earn.history.depth.2026-06-03.revenue_actual,earn.history.depth.2026-06-03.revenue_estimated,earn.history.depth.2026-06-03.eps_actual,earn.history.depth.2026-06-03.eps_estimated,earn.history.depth.2026-03-11.revenue_actual,earn.history.depth.2026-03-11.revenue_estimated,earn.history.depth.2026-03-11.eps_actual,earn.history.depth.2026-03-11.eps_estimated,earn.history.depth.2025-12-03.revenue_actual,earn.history.depth.2025-12-03.revenue_estimated,earn.history.depth.2025-12-03.eps_actual,earn.history.depth.2025-12-03.eps_estimated. - Cash-flow note. Source series as of 2026-07-31. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs:
fin.opcf.depth.2026-07-31.operating_cash_flow_m,fin.opcf.depth.2026-04-30.operating_cash_flow_m,fin.opcf.depth.2026-07-31.capex_m,fin.opcf.depth.2026-04-30.capex_m,fin.opcf.depth.2026-01-31.operating_cash_flow_m,fin.opcf.depth.2026-01-31.capex_m,fin.opcf.depth.2025-10-31.operating_cash_flow_m,fin.opcf.depth.2025-10-31.capex_m.
- Published
- Research standards
- Methodology · Editorial policy · Corrections
- Report a number
- sedat@stockexpertai.com
Sources used for research written 2026-09-13
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | The Descartes Systems Group Inc. (DSGX) offers comprehensive, cloud-native solutions designed to optimize business processes within the logistics and supply chain sectors. The primary objective is to significantly elevate the efficiency, operational excellence, and security posture for enterprises worldwide that heavily rely on robust logistics. At its core, the company offers a proprietary "Logistics Technology" platform. This platform provides a versatile array of modular, interconnected web and mobile applications, all accessible via the cloud, which collectively foster a collaborative ecosystem where various logistics stakeholders can seamlessly conduct transactions and manage operations. Descartes' extensive portfolio encompasses specialized solutions for route optimization, mobile workforce management, and telematics; comprehensive transportation management and e-commerce integration; customs and regulatory adherence; global trade data intelligence; logistics network facilitation; and specialized enterprise systems tailored for brokers and freight forwarders. Clients harness these adaptable Software-as-a-Service (SaaS) and data-driven offerings to meticulously plan and execute deliveries—including scheduling, tracking, and performance measurement. They can also streamline shipment planning, allocation, and execution; manage the financial aspects of transportation such as rating, auditing, and invoice payments; delve into global trade data for analysis; accurately calculate trade tariffs and duties; and efficiently complete customs and security documentation for international trade, among numerous other critical logistical functions. Additionally, Descartes provides cloud-based warehouse management solutions specifically tailored for e-commerce, complemented by expert consulting, seamless implementation, and thorough training, alongside ongoing maintenance and support. Its diverse client base includes transportation firms, third-party logistics providers, distribution-heavy corporations, manufacturers, retailers, distributors, and mobile service providers. Founded in 1981, The Descartes Systems Group Inc. maintains its head office in Waterloo, Canada. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) company profile |
| Revenue by segment | License: $2.52M; Service: $677.18M; Professional services and other: $49.29M | 2026-01-31 | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K |
| Trailing twelve-month ratio set | Quick ratio: 2.02; Current ratio: 2.02; Debt to equity: 0; Net margin: 24.3%; Gross margin: 70.3%; Operating margin: 32.6%; Return on assets: 9.6%; Return on equity: 11.7% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Sector / industry (provider taxonomy) | Technology / Software - Application The company's SEC filings classify it under SIC 7372 — Services-Prepackaged Software. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) company profile |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-07-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Reported versus estimated, last 8 quarters | Captured record · 8 entries
| 2026-09-10 | FMP | Financial Modeling Prep (FMP) earnings |
| Annual revenue and net result (USD millions) | Captured record · 5 entries
| 2026-01-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Cash, investments and debt | Total debt: $7.54M; Liquidity basis: cash and short-term investments; Total liabilities: $312.35M; Cash and short-term investments: $401.09M; Cash and investments: $401.10M; Long-term investments: $0; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-07-31 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-07-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2026-07-31 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Management outlook — dated call excerpts | Captured record · 2 entries
Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | 2026-09-10 | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) |
| Next earnings report | Date: 2026-12-02; EPS estimate: $0.61 per share; Revenue estimate: $214.75M The date is our provider's estimate until the company confirms it. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) earnings calendar |
Data provided for informational purposes only.