DESCARTES SYSTEMS GROUP INC (DSGX)
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.
Sector: Services-Prepackaged Software
Industry: Software - Application
The Descartes Systems Group Inc.
NASDAQ:DSGXTechnology · Software - Application
-0.88%$93.99
CLOSED · Nov 6Prev close$94.82-0.88%Close$93.990.00%AH close$93.99
AH$93.99+0.00%vs close
Mkt Cap$8.04B
Float85.55M
O/S85.55M
VOL364K sh
$ Vol$34.04M
RVOL0.70×
Inst Own80.2%
SI1.7%
Dilution
Financials Summary
Revenue$728.99M
Net Income$163.77M
Total Assets$1.88B
Free Cash Flow$266.19M
Debt & Equity
Debt 1%
Equity 99%
Total Debt$8.31M
Total Equity$1.61B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in DSGX's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.88B
Liabilities$275.04M
Accounts Receivable$90.66M
Accounts Payable$20.72M
Inventory$100K
PP&E (Net)$21.55M
Goodwill$1.02B
Intangible Assets$330.01M
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 | 2017-01-31 | 2016-01-31 | 2015-01-31 | 2014-01-31 | 2013-01-31 | 2012-01-31 | 2011-01-31 | 2010-01-31 | 2009-01-31 | 2008-01-31 | 2007-01-31 | 2006-01-31 | 2005-01-31 | 2004-01-31 | 2003-01-31 | 2002-01-31 | 2001-01-31 | 2000-01-31 | 1999-01-31 | 1998-01-31 | 1997-01-31 |
| Revenue | $728.99M | $651M | $572.93M | $486.01M | $424.69M | $348.66M | $325.79M | $275.17M | $237.44M | $203.78M | $184.99M | $170.86M | $151.29M | $126.88M | $113.99M | $99.17M | $73.77M | $66.04M | $59.02M | $51.99M | $45.73M | $46.4M | $59.78M | $70.38M | $79.52M | $66.65M | $43.67M | $48.8M | $19.36M | $20.51M |
| YoY Growth | 12.0% | 13.6% | 17.9% | 14.4% | 21.8% | 7.0% | 18.4% | 15.9% | 16.5% | 10.2% | 8.3% | 12.9% | 19.2% | 11.3% | 14.9% | 34.4% | 11.7% | 11.9% | 13.5% | 13.7% | -1.4% | -22.4% | -15.1% | -11.5% | 19.3% | 52.6% | -10.5% | 152.0% | -5.6% | - |
| Cost of Revenue | $167.06M | $158.57M | $138.29M | $113.33M | $101.81M | $89.91M | $85.72M | $74.99M | $63.7M | $56.05M | $53.86M | $54.88M | $49.04M | $42.4M | $38.31M | $33.88M | $23.17M | $22.35M | $20.64M | $17.49M | $18.13M | $21.05M | $19.39M | $26.63M | $27.7M | $22.17M | $21.15M | $4.7M | $4.47M | $4.47M |
| Gross Profit | $561.93M | $492.43M | $434.64M | $372.69M | $322.88M | $258.75M | $240.07M | $200.18M | $173.74M | $147.73M | $131.13M | $115.98M | $102.25M | $84.48M | $75.68M | $65.3M | $50.6M | $43.69M | $38.38M | $34.5M | $27.6M | $25.34M | $40.4M | $43.75M | $51.82M | $44.48M | $22.51M | $44.1M | $16.03M | $16.03M |
| Gross Margin | 77.1% | 75.6% | 75.9% | 76.7% | 76.0% | 74.2% | 73.7% | 72.7% | 73.2% | 72.5% | 70.9% | 67.9% | 67.6% | 66.6% | 66.4% | 65.8% | 68.6% | 66.2% | 65.0% | 66.4% | 60.4% | 54.6% | 67.6% | 62.2% | 65.2% | 66.7% | 51.6% | 90.4% | 82.8% | 78.2% |
| Research and Development | $105.31M | $95.5M | $84.44M | $70.35M | $62.57M | $54.07M | $53.51M | $47.87M | $41.8M | $35.56M | $31.29M | $28.08M | $25.88M | $21.27M | $19.04M | $16.97M | $14.5M | $11.46M | $10.54M | $9.03M | $6.99M | $10.42M | $9.38M | $15.22M | $25.39M | $16.19M | $15.03M | $11.3M | $3.85M | $3.85M |
| Selling, General, and Administrative | $155.03M | $138.94M | $125.53M | $106.28M | $91.35M | $75.05M | $75.02M | $66.89M | $58.58M | $48.02M | $44.03M | $40.74M | $37.19M | $29.46M | $27.28M | $25.13M | $22.79M | $18.28M | $16.95M | $17.18M | $16.22M | $32.3M | $44.21M | $42.84M | $40.29M | $31.63M | $26.05M | $18.8M | $12.18M | $12.18M |
| Other | $81.18M | $76.86M | $81.81M | $65.62M | $65.53M | $58.24M | $59.28M | $43.98M | $37.47M | $33.46M | $27.71M | $24.59M | $24.51M | $14.2M | $14.13M | $15.47M | $6.93M | $6.22M | $5.64M | $4.69M | -$21.49M | $36.43M | $24.12M | $126.48M | $41.04M | $33.25M | $3.93M | $21.6M | $11.42M | $11.42M |
| Total Operating Expenses | $341.52M | $311.3M | $291.79M | $242.25M | $219.45M | $187.36M | $187.81M | $158.73M | $137.85M | $117.03M | $103.04M | $93.41M | $87.58M | $64.93M | $60.45M | $57.56M | $44.21M | $35.96M | $33.14M | $30.9M | $1.72M | $79.15M | $77.71M | $184.54M | $106.72M | $81.06M | $45.01M | $51.7M | $27.45M | $27.45M |
| Operating Income (EBIT) | $220.41M | $181.12M | $142.85M | $130.43M | $103.43M | $71.4M | $52.26M | $41.44M | $35.88M | $30.7M | $28.1M | $22.58M | $14.67M | $17.19M | $15.22M | $7.74M | $6.38M | $7.73M | $5.25M | $3.6M | $25.88M | -$53.8M | -$37.31M | -$140.79M | -$54.9M | -$36.59M | -$25.99M | -$7.6M | -$10.71M | -$11.42M |
| Operating Margin | 30.2% | 27.8% | 24.9% | 26.8% | 24.4% | 20.5% | 16.0% | 15.1% | 15.1% | 15.1% | 15.2% | 13.2% | 9.7% | 13.6% | 13.4% | 7.8% | 8.7% | 11.7% | 8.9% | 6.9% | 56.6% | -116.0% | -62.4% | -200.0% | -69.0% | -54.9% | -59.5% | -15.6% | -55.3% | -55.7% |
| Interest Expense | $988K | $1M | $1.36M | $1.17M | $1.12M | $1.19M | $4.42M | $2.13M | $1.3M | $611K | $522K | $1.09M | $993K | $45K | $9K | $14K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $57K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$3.32M | $10.51M | $8.3M | $3.29M | -$824K | -$1.03M | -$4.22M | -$1.93M | -$1.14M | $804K | -$327K | -$755K | -$936K | $28K | $165K | $195K | $342K | $1M | $1.52M | $592K | $0 | -$1.2M | -$5.15M | $1.87M | -$4.09M | $5.27M | $25.99M | -$18.2M | $10.71M | -$275K |
| Income Before Tax (EBT) | $217.09M | $191.63M | $151.15M | $133.73M | $102.61M | $70.37M | $48.03M | $39.51M | $34.75M | $31.5M | $27.77M | $21.82M | $13.73M | $17.22M | $15.39M | $7.93M | $6.72M | $8.73M | $6.77M | $4.19M | $3.08M | -$55.01M | -$42.47M | -$138.92M | -$58.99M | -$31.32M | $0 | -$25.8M | $0 | -$11.7M |
| Income Tax Expense | $53.32M | $48.36M | $35.24M | $31.49M | $16.33M | $18.27M | $11.04M | $8.23M | $7.87M | $7.66M | $7.21M | $6.76M | $4.12M | $1.23M | $3.36M | -$3.61M | -$7.63M | -$11.48M | -$15.68M | $204K | $96K | $325K | $287K | -$362K | $78K | $310K | $0 | $0 | $0 | $0 |
| Net Income | $163.77M | $143.27M | $115.91M | $102.24M | $86.28M | $52.1M | $37M | $31.28M | $26.88M | $23.84M | $20.56M | $15.06M | $9.61M | $16M | $12.03M | $11.54M | $14.35M | $20.21M | $22.44M | $3.99M | $2.99M | -$55.33M | -$42.75M | -$138.19M | -$58.72M | -$31.63M | -$24.47M | -$25.9M | -$10.99M | -$11.7M |
| Net Income Margin | 22.5% | 22.0% | 20.2% | 21.0% | 20.3% | 14.9% | 11.4% | 11.4% | 11.3% | 11.7% | 11.1% | 8.8% | 6.4% | 12.6% | 10.6% | 11.6% | 19.5% | 30.6% | 38.0% | 7.7% | 6.5% | -119.3% | -71.5% | -196.3% | -73.8% | -47.5% | -56.0% | -53.1% | -56.7% | -57.0% |
| Supplementary Data | ||||||||||||||||||||||||||||||
| EPS | 1.95 | 1.68 | 1.36 | 1.21 | 1.02 | 0.62 | 0.45 | 0.41 | 0.35 | 0.31 | 0.27 | 0.21 | 0.15 | 0.26 | 0.19 | 0.19 | 0.26 | 0.38 | 0.44 | 0.09 | 0.07 | -1.36 | -0.93 | -2.65 | -1.15 | -0.72 | -0.59 | -0.79 | -1.03 | -1.03 |
| Diluted EPS | 1.91 | 1.64 | 1.34 | 1.18 | 1.00 | 0.61 | 0.45 | 0.40 | 0.35 | 0.31 | 0.27 | 0.21 | 0.15 | 0.25 | 0.19 | 0.18 | 0.25 | 0.38 | 0.43 | 0.09 | 0.07 | -1.36 | -0.90 | -2.65 | -1.15 | -0.72 | -0.59 | -0.79 | -1.03 | -1.03 |
| Weighted Average OS | 85.87M | 85.44M | 85.07M | 84.79M | 84.59M | 84.36M | 81.66M | 76.83M | 76.32M | 75.80M | 75.59M | 70.56M | 62.84M | 62.56M | 62.22M | 61.52M | 55.39M | 52.96M | 51.23M | 45.23M | 40.71M | 40.71M | 45.95M | 52.23M | 50.86M | 44.22M | 36.71M | 32.93M | 11.38M | 11.38M |
| EBITDA | $305.19M | $263.58M | $219.37M | $197.96M | $166.47M | $133.22M | $114.07M | $86.36M | $73.62M | $65.74M | $57.89M | $47.92M | $36.12M | $34.34M | $29.86M | $21.84M | $15.18M | $15.93M | $13.32M | $10.45M | $30.7M | -$32.89M | -$8M | -$115.27M | -$8.93M | -$825K | -$18.32M | $14M | -$275K | $275K |
| EBITDA Margin | 41.9% | 40.5% | 38.3% | 40.7% | 39.2% | 38.2% | 35.0% | 31.4% | 31.0% | 32.3% | 31.3% | 28.0% | 23.9% | 27.1% | 26.2% | 22.0% | 20.6% | 24.1% | 22.6% | 20.1% | 67.1% | -70.9% | -13.4% | -163.8% | -11.2% | -1.2% | -42.0% | 28.7% | -1.4% | 1.3% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 | 2017-01-31 | 2016-01-31 | 2015-01-31 | 2014-01-31 | 2013-01-31 | 2012-01-31 | 2011-01-31 | 2010-01-31 | 2009-01-31 | 2008-01-31 | 2007-01-31 | 2006-01-31 | 2005-01-31 | 2004-01-31 | 2003-01-31 | 2002-01-31 | 2001-01-31 | 2000-01-31 | 1999-01-31 | 1998-01-31 | 1997-01-31 |
| Assets | ||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $354.32M | $236.14M | $320.95M | $276.38M | $213.44M | $133.66M | $44.4M | $27.3M | $35.15M | $38.13M | $37.21M | $118.05M | $62.7M | $37.64M | $65.55M | $69.64M | $89.55M | $47.42M | $44.09M | $19.37M | $27.63M | $17.22M | $13.19M | $21.2M | $36.1M | $62.94M | $31.15M | $17.6M | $35.57M | $35.57M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.64M | $0 | $0 | $0 | $0 | $0 | $5.07M | $10.21M | $0 | $2.55M | $5.37M | $31.53M | $34.64M | $8.52M | $82.48M | $168.99M | $25.84M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $354.32M | $236.14M | $320.95M | $276.38M | $213.44M | $133.66M | $44.4M | $27.3M | $35.15M | $38.13M | $41.85M | $118.05M | $62.7M | $37.64M | $65.55M | $69.64M | $94.63M | $57.63M | $44.09M | $21.92M | $33M | $48.75M | $47.82M | $29.72M | $118.59M | $231.93M | $56.98M | $17.6M | $35.57M | $35.57M |
| Accounts Receivable | $90.66M | $70.88M | $51.57M | $45.17M | $41.7M | $52.04M | $42.41M | $35.82M | $31.96M | $29.11M | $28.75M | $25.87M | $29M | $26.15M | $22.48M | $18.38M | $12.07M | $9.69M | $11.73M | $7.52M | $5.65M | $8.11M | $16.49M | $16.86M | $25.97M | $25.89M | $19.82M | $19.7M | $5.42M | $9.56M |
| Inventory | $100K | $712K | $353K | $759K | $868K | $429K | $411K | $95K | $123K | $167K | $155K | $474K | $1.35M | $812K | $413K | $0 | $0 | $0 | $4.52M | $919K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $9.7M | $26.44M | $28.4M | $11.66M | $14.07M | $16.94M | $0 | $0 | $0 | $0 | $468K | $8.57M | $13.51M | $12.98M | $12.42M | $11.65M | $4.61M | $5.95M | -$691K | $1.08M | $0 | $0 | $0 | $0 | $0 | $1.8M | $3.71M | $13.9M | $7.24M | $3.1M |
| Total Current Assets | $479.08M | $352.57M | $418.18M | $358.65M | $292.06M | $203.06M | $100.21M | $72.24M | $74.85M | $72.56M | $75.42M | $157.3M | $110.23M | $80.99M | $103.67M | $101.65M | $112.45M | $74.12M | $61.18M | $32.36M | $39.3M | $58.18M | $67.36M | $49.59M | $148.78M | $259.61M | $80.52M | $51.2M | $48.24M | $48.24M |
| Long-Term Assets | ||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $21.55M | $20.1M | $17.81M | $18.21M | $21.39M | $24.25M | $26.61M | $12.61M | $12.8M | $10.45M | $8.6M | $7.83M | $8.79M | $10.24M | $9.29M | $7.31M | $5.48M | $4.89M | $6.72M | $6.77M | $6.04M | $6.97M | $13.45M | $12.15M | $10.26M | $7.14M | $4.92M | $4.7M | $2.34M | $2.34M |
| Goodwill | $1.02B | $924.75M | $760.41M | $675.65M | $608.76M | $565.18M | $523.69M | $378.18M | $350.15M | $263.11M | $217.49M | $147.44M | $111.18M | $88.3M | $68M | $56.74M | $34.46M | $26.38M | $25M | $20.43M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $330.01M | $321.27M | $251.05M | $229.81M | $229.61M | $239.99M | $256.96M | $176.19M | $178M | $145.44M | $133.56M | $115.13M | $94.65M | $71.3M | $46.68M | $40.7M | $21.06M | $15.47M | $18.91M | $10.95M | $1.43M | $4.12M | $26.3M | $31.21M | $141.42M | $119.3M | $4.92M | $6.2M | $35.51M | $35.51M |
| Long-Term Investments | $0 | $0 | $249.51M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $6.68M | $3.79M | $2.1M | $11.48M | $14.96M | $15.22M | $21.6M | $3.6M | $5.11M | $7.45M | $17.71M | $16.51M | $19.63M | $23.95M | $31.28M | $34.87M | $34.74M | $24.66M | $14.57M | $0 | $0 | -$3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $27.18M | $24.9M | -$222.68M | $22.25M | $18.65M | $15.55M | $13.52M | $10.51M | $3.97M | $1.52M | $0 | $0 | $0 | $149K | $0 | $0 | $0 | $592K | $0 | $833K | $0 | $3.3M | $21.65M | $149.32M | $88.06M | $14.91M | $0 | $100K | $69K | $69K |
| Total Long-Term Assets | $1.4B | $1.29B | $1.06B | $957.39M | $893.37M | $860.19M | $842.38M | $581.09M | $550.03M | $427.98M | $377.36M | $286.9M | $234.25M | $193.92M | $155.25M | $139.62M | $95.74M | $72M | $65.21M | $38.98M | $7.47M | $14.39M | $61.4M | $192.68M | $239.74M | $141.35M | $9.84M | $11M | $37.91M | $37.91M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.88B | $1.65B | $1.47B | $1.32B | $1.19B | $1.06B | $942.59M | $653.33M | $624.88M | $500.54M | $452.79M | $444.2M | $344.48M | $274.91M | $258.92M | $241.27M | $208.19M | $146.12M | $126.39M | $71.33M | $46.77M | $72.57M | $128.76M | $242.28M | $388.52M | $400.96M | $90.36M | $62.2M | $86.15M | $86.15M |
| Liabilities | ||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||
| Accounts Payable | $20.72M | $20.65M | $17.48M | $10.57M | $10.57M | $7.96M | $7.67M | $5.15M | $7.9M | $4.68M | $4.47M | $4.62M | $7.03M | $6.11M | $5.25M | $4.99M | $2.6M | $1.94M | $3.05M | $3.39M | $1.83M | $1.8M | $4.74M | $3.96M | $3.38M | $1.83M | $3.87M | $4.1M | $2.47M | $8.12M |
| Short-Term Debt | $0 | $370K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8.62M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27M | $0 | $0 | $0 | $0 | $0 | $0 | $275K | $275K |
| Current Income Tax Payable | $0 | $0 | $6.69M | $7.54M | $5.62M | $3.38M | $1.33M | $1.59M | $3.27M | $2.17M | $2.09M | $4.11M | $2.67M | $2.35M | $1.32M | $471K | $975K | $589K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $117.89M | $103.86M | $84M | $67.78M | $56.78M | $49.88M | $41.14M | $34.24M | $30.98M | $23.73M | $16.64M | $15.31M | $9.22M | $7.32M | $6.64M | $6.31M | $5.45M | $3.32M | $3.75M | $2.37M | $2.78M | $2.6M | $2.86M | $2.92M | $5.62M | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $30.43M | $55.11M | $43.59M | $35.54M | $32.17M | $13.05M | $13.25M | $13.08M | $17.5M | $10.63M | $12.79M | $0 | $8.35M | $5.38M | $6.03M | $67K | $0 | $0 | $783K | $0 | $0 | -$1K | $0 | $0 | $0 | $12.65M | $10.83M | $10.9M | $12.32M | $6.67M |
| Total Current Liabilities | $221.84M | $217.03M | $203.63M | $169.59M | $133.43M | $104.26M | $88.94M | $70.37M | $67.69M | $53.82M | $40.04M | $40.74M | $44.29M | $28.16M | $25.52M | $23.18M | $16.54M | $11.37M | $12.1M | $8.59M | $8.35M | $36.83M | $11.21M | $15.56M | $19.42M | $25.47M | $14.7M | $15M | $15.07M | $15.07M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25.46M | $37M | $0 | $0 | $0 | $31.79M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25.35M | $72M | $73.5M | $75M | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $1.17M | $978K | $1.46M | $1.61M | $1.92M | $1.41M | $920K | $855K | $1.13M | $421K | $941K | $589K | $0 | $318K | $1.72M | $1.67M | $1.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $41.19M | $34.13M | $21.1M | $35.4M | $35.52M | $29.39M | $15.07M | $15.51M | $11.59M | $9.97M | $6.1M | $9.63M | $13.82M | $5.62M | $9.75M | $10.73M | $2.6M | $2.33M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $5.98M | $5.53M | $6.15M | $6.12M | $7.35M | $8.23M | $6.47M | $7.63M | $8.66M | $5.72M | $3.67M | $2.86M | $4.42M | $3.77M | $3.38M | $172K | $0 | $0 | $1.57M | $0 | $0 | $1K | $0 | $0 | $0 | $0 | $0 | -$100K | -$69K | $0 |
| Total Long-Term Liabilities | $53.2M | $45.35M | $32.62M | $47.06M | $52.18M | $47.92M | $31.93M | $49.46M | $58.38M | $16.12M | $10.71M | $13.08M | $50.03M | $9.71M | $14.85M | $12.57M | $3.78M | $2.33M | $1.57M | $0 | $0 | $1K | $25.35M | $72M | $73.5M | $75M | $0 | -$100K | -$69K | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $275.04M | $262.38M | $236.25M | $216.65M | $185.61M | $152.19M | $120.88M | $119.83M | $126.07M | $69.94M | $50.75M | $53.82M | $94.32M | $37.87M | $40.37M | $35.75M | $20.32M | $13.7M | $13.67M | $8.59M | $8.35M | $36.84M | $36.56M | $87.56M | $92.92M | $100.47M | $14.7M | $15M | $15.07M | $15.07M |
| Stockholders' Equity | ||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $587.08M | $568.34M | $551.16M | $538.45M | $536.3M | $531.83M | $524.15M | $276.75M | $274.54M | $253.24M | $252.47M | $247.84M | $97.78M | $92.47M | $90.92M | $0 | $0 | $0 | $0 | $19.32M | $21K | $364.91M | $364.15M | $468.62M | $468.44M | $415.68M | $159.83M | $0 | $0 | $0 |
| Retained Earnings | $523.71M | $364.03M | $220.75M | $104.85M | $2.61M | -$83.67M | -$135.77M | -$172.77M | -$211.62M | -$238.47M | -$262.3M | -$282.87M | -$297.92M | -$308.73M | -$324.73M | -$336.75M | -$348.29M | -$362.39M | -$382.85M | -$405.3M | -$407.74M | -$410.73M | -$361.66M | -$316.9M | -$176.69M | -$117.97M | -$86.34M | -$64.6M | -$12.43M | -$13.21M |
| Comprehensive Income & Other | -$7.94M | -$50.5M | -$28.59M | -$30.46M | -$12.39M | -$1.19M | -$25.94M | -$25.2M | -$15.25M | -$32.78M | -$34.88M | -$25.21M | -$1.09M | $1.87M | -$63K | $1.82M | -$2.03M | $363K | $2.01M | -$123K | -$432K | -$100K | $4.16M | -$2.2M | -$1.36M | -$1.29M | -$953K | $0 | $0 | $0 |
| Other Stockholders' Equity | $498.1M | $452.64M | $466.12M | $456.1M | $460.91M | $462.91M | $433.32M | $429.52M | $435.9M | $415.82M | $411.87M | $425.41M | $450.31M | $453.3M | $452.36M | $542.27M | $536.17M | $494.81M | $495.58M | $448.73M | $446.13M | $81.56M | $89.7M | $3M | $3.84M | $2.78M | $2.17M | $111.8M | $79.59M | $84.29M |
| Total Equity | $1.61B | $1.39B | $1.24B | $1.1B | $999.82M | $911.07M | $821.71M | $533.51M | $498.81M | $430.6M | $402.04M | $390.38M | $250.16M | $237.04M | $218.56M | $205.51M | $187.87M | $132.43M | $112.72M | $62.75M | $38.42M | $35.74M | $92.2M | $154.72M | $295.6M | $300.49M | $75.66M | $47.2M | $67.16M | $71.08M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.88B | $1.65B | $1.47B | $1.32B | $1.19B | $1.06B | $942.59M | $653.33M | $624.88M | $500.54M | $452.79M | $444.2M | $344.48M | $274.91M | $258.92M | $241.27M | $208.19M | $146.12M | $126.39M | $71.33M | $46.77M | $72.57M | $128.76M | $242.28M | $388.52M | $400.96M | $90.36M | $62.2M | $82.23M | $86.15M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Total Debt | $8.31M | $8.27M | $6.98M | $7.32M | $11.41M | $13.06M | $13.4M | $25.46M | $37M | $0 | $0 | $0 | $40.41M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27M | $25.35M | $72M | $73.5M | $75M | $0 | $0 | $275K | $275K |
| Net Debt | -$346.01M | -$227.87M | -$313.97M | -$269.06M | -$202.03M | -$120.6M | -$31M | -$1.83M | $1.85M | -$38.13M | -$37.21M | -$118.05M | -$22.3M | -$37.64M | -$65.55M | -$69.64M | -$89.55M | -$47.42M | -$44.09M | -$19.37M | -$27.63M | $9.78M | $12.16M | $50.8M | $37.4M | $12.06M | -$31.15M | -$17.6M | -$35.3M | -$35.3M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 | 2017-01-31 | 2016-01-31 | 2015-01-31 | 2014-01-31 | 2013-01-31 | 2012-01-31 | 2011-01-31 | 2010-01-31 | 2009-01-31 | 2008-01-31 | 2007-01-31 | 2006-01-31 | 2005-01-31 | 2004-01-31 | 2003-01-31 | 2002-01-31 | 2001-01-31 | 2000-01-31 | 1999-01-31 | 1998-01-31 | 1997-01-31 |
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | $167.36M | $143.27M | $115.91M | $102.24M | $86.28M | $52.1M | $37M | $31.28M | $26.88M | $23.84M | $20.56M | $15.06M | $9.61M | $16M | $12.03M | $11.54M | $14.35M | $20.47M | $22.44M | $3.99M | $2.99M | -$55.33M | -$42.75M | -$138.19M | -$58.72M | -$31.63M | -$21.77M | -$25.9M | -$11.7M | -$11.7M |
| Depreciation & Amortization | $87.13M | $74.99M | $65.97M | $65.4M | $64.23M | $61.66M | $61.52M | $44.72M | $37.58M | $33.63M | $29.6M | $25.01M | $21.39M | $17.08M | $14.46M | $13.89M | $8.8M | $7.36M | $6.07M | $4.99M | $5.03M | $6.86M | $10.54M | $13.81M | $37.49M | $16.73M | $7.67M | $21.6M | $10.44M | $11.42M |
| Deferred Income Tax | $11.31M | -$5.04M | -$6M | $3.24M | $1.51M | $14.52M | $5.74M | $2.14M | $1.27M | $4M | $5.79M | $3.98M | $2.35M | -$657K | $2.12M | -$3.69M | -$8.28M | -$11.95M | -$16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $19.96M | $16.48M | $13.67M | $11.02M | $6.31M | $4.91M | $3.71M | $2.81M | $2.02M | $1.58M | $1.54M | $2.52M | $1.28M | $1.21M | $1.08M | $3.37M | $527K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||
| Accounts Receivable | -$15.1M | $1.5M | -$7.28M | $151K | -$2.88M | $143K | $3.73M | -$135K | -$1.96M | $2.73M | $764K | $4M | $3.65M | -$1.7M | -$460K | $2.85M | $1.01M | $1.01M | -$1.72M | $602K | $2.46M | $8.38M | -$3.96M | $4.56M | $2.16M | -$9.96M | -$207K | -$12.5M | -$2.95M | $0 |
| Inventory | $0 | $0 | $0 | $103K | -$498K | $99K | -$345K | $74K | $52K | $2K | $314K | $859K | -$535K | -$343K | $75K | -$4.77M | -$1.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$1.16M | $1.87M | $6.2M | -$620K | $2.34M | -$686K | $1.77M | -$1.06M | $1.43M | -$317K | -$412K | -$3.12M | $146K | $873K | -$1.06M | -$275K | $478K | -$617K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$1.15M | -$17.3M | $16.32M | $8.16M | $13.84M | -$3.13M | -$10.41M | -$2.72M | $4.88M | $7.71M | -$3.56M | $2.15M | $3.47M | -$2.19M | -$4.45M | -$1.16M | -$2M | $1.88M | $677K | -$4.49M | -$1.39M | $1.04M | -$5.01M | -$6.17M | -$15.77M | -$1.23M | $1.66M | -$3.5M | $0 | $0 |
| Total Working Capital Change | -$17.42M | -$13.93M | $15.24M | $7.79M | $12.79M | -$3.58M | -$5.26M | -$3.85M | $4.4M | $10.12M | -$2.89M | $3.89M | $6.73M | -$3.36M | -$5.9M | -$3.35M | -$1.74M | $2.27M | -$1.04M | -$3.88M | $1.07M | $9.42M | -$8.97M | -$1.61M | -$13.61M | -$11.18M | $1.45M | -$16M | -$2.82M | -$2.82M |
| Other Non-Cash Items | $23.66M | $23K | $868K | $53K | $308K | $207K | $337K | $71K | -$784K | -$1.03M | -$392K | $0 | $0 | $0 | $11K | $424K | $38K | $7K | $466K | $1.7M | -$1.22M | $24.01M | $8.69M | $109.18M | $19.23M | $19.03M | -$2.92M | $5M | $985K | $0 |
| Net Cash from Operating | $272.05M | $219.27M | $208.47M | $192.4M | $176.14M | $131.23M | $104.25M | $78.07M | $72.14M | $72.58M | $54.24M | $49.48M | $42.61M | $30.34M | $23.93M | $19.89M | $16.54M | $18.68M | $11.94M | $6.79M | $7.87M | -$15.04M | -$32.5M | -$16.82M | -$15.6M | -$7.05M | -$15.57M | -$15.3M | -$3.1M | -$3.1M |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditures | -$5.86M | -$6.74M | -$5.56M | -$6.07M | -$4.83M | -$3.76M | -$4.9M | -$5.24M | -$5.09M | -$4.91M | -$4.31M | -$2.68M | -$2.38M | -$3.5M | -$4.73M | -$1.66M | -$1.63M | -$1.34M | -$1.07M | -$1.2M | -$1.17M | -$1.06M | -$335K | -$5.29M | -$5.36M | -$4.3M | -$2.47M | -$12.9M | -$12.39M | -$12.39M |
| Acquisitions | -$154.95M | -$290.2M | -$142.7M | -$115.56M | -$90.28M | -$48.4M | -$292.05M | -$67.93M | -$111.87M | -$71.35M | -$120.85M | -$82.15M | -$58.74M | -$54.74M | -$21.28M | -$44.99M | -$15.02M | -$2.23M | -$13.28M | -$30.45M | -$200K | -$200K | $0 | -$2.17M | -$9.54M | -$16.56M | -$130K | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$241K | -$4.67M | $0 | $0 | $0 | $0 | $0 | -$35.36M | -$10.21M | $0 | -$7.73M | -$10.45M | -$14.23M | -$26.21M | -$61.99M | -$84.28M | -$147.95M | -$14.55M | -$1.8M | -$30.9M | -$30.9M |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.14M | $0 | $0 | $0 | $0 | $0 | $5.56M | $40.5M | $0 | $2.82M | $10.55M | $41.33M | $34.56M | $127.23M | $73.96M | $86.5M | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$928K | $0 | $0 | $0 | $0 | -$5.74M | $0 | $0 | $8.93M | $0 | -$200K | -$31.24M | -$31.24M |
| Net Cash from Investing | -$160.8M | -$296.95M | -$148.86M | -$121.63M | -$95.11M | -$52.16M | -$296.95M | -$73.18M | -$116.95M | -$70.36M | -$129.83M | -$84.83M | -$61.12M | -$58.24M | -$26.02M | -$41.09M | -$11.51M | -$14.71M | -$11.53M | -$28.84M | $29.52M | $19.07M | $94.94M | $4.51M | -$12.67M | -$159.88M | -$17.14M | -$14.9M | -$74.52M | -$74.52M |
| Financing Activities | ||||||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | $1.07M | $668K | $25.62M | $10.19M | -$37M | -$601K | - | $43.3M | -$42.54M | - | - | - | - | - | - | - | $28.48M | - | $43.27M | $1.54M | $1.1M | -$71.47M | $3.11M | -$2.9M | $481K | - |
| Common Stock Issuance | $14.41M | $11.75M | $9.31M | $1.73M | $2.66M | $6.19M | $237.97M | $345K | $1M | $145K | $158K | $140.72M | $3.63M | $704K | $1.77M | $1.13M | $40.29M | $177K | $23.28M | $13.79M | $21K | $0 | $163K | $223K | $2.53M | $127.25M | $49.28M | $18.4M | $47.59M | $80.51M |
| Common Stock Repurchases | -$912K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$27.23M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$8.34M | -$15.38M | -$24.07M | -$6.33M | -$72K | $628K | -$2.19M | -$1.53M | $0 | -$957K | -$2.59M | -$791K | -$2.05M | -$1.6M | -$4.34M | -$358K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $130K | -$100K | -$206K | $80.16M |
| Net Cash from Financing | $5.16M | -$3.63M | -$14.76M | -$4.6M | $1.52M | $5.56M | $210.17M | -$11.38M | $38M | -$211K | -$2.43M | $96.63M | $44.12M | -$898K | -$2.57M | $775K | $40.29M | $177K | $23.28M | $13.79M | -$26.97M | $0 | -$70.34M | -$1.32M | $1.43M | $198.72M | $46.3M | $21.2M | $46.9M | $80.16M |
| Forex Effect | $2.61M | -$3.51M | -$2.87M | -$3.21M | -$2.77M | $4.63M | -$363K | -$1.37M | $3.82M | -$1.09M | -$2.82M | -$5.93M | -$545K | $890K | $559K | $513K | -$3.19M | -$819K | $1.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $30.2M | $0 | $0 |
| Net Change in Cash | $119.02M | -$84.81M | $41.99M | $62.95M | $79.78M | $89.26M | $17.11M | -$7.85M | -$2.99M | $922K | -$80.84M | $55.35M | $25.07M | -$27.91M | -$4.1M | -$19.91M | $42.13M | $3.33M | $24.72M | -$8.26M | $10.41M | $4.03M | -$7.89M | -$13.63M | -$26.84M | $31.79M | $13.59M | $21.2M | $2.55M | $2.55M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Operating Cash Flow | $272.05M | $219.27M | $208.47M | $192.4M | $176.14M | $131.23M | $104.25M | $78.07M | $72.14M | $72.58M | $54.24M | $49.48M | $42.61M | $30.34M | $23.93M | $19.89M | $16.54M | $18.68M | $11.94M | $6.79M | $7.87M | -$15.04M | -$32.5M | -$16.82M | -$15.6M | -$7.05M | -$15.57M | -$15.3M | -$3.1M | -$3.1M |
| Capital Expenditure | -$5.86M | -$6.74M | -$5.59M | -$6.07M | -$4.83M | -$3.76M | -$4.9M | -$5.24M | -$5.09M | -$4.91M | -$4.31M | -$2.68M | -$2.38M | -$3.5M | -$4.73M | -$1.66M | -$1.63M | -$1.34M | -$1.07M | -$1.2M | -$1.17M | -$1.06M | -$335K | -$5.29M | -$5.36M | -$4.3M | -$2.47M | -$12.9M | -$12.39M | -$12.39M |
| Free Cash Flow | $266.19M | $212.53M | $202.89M | $186.32M | $171.31M | $127.47M | $99.35M | $72.83M | $67.06M | $67.67M | $49.93M | $46.8M | $40.23M | $26.84M | $19.19M | $18.23M | $14.91M | $17.34M | $10.86M | $5.58M | $6.7M | -$16.1M | -$32.83M | -$22.11M | -$20.95M | -$11.35M | -$18.04M | -$28.2M | -$15.48M | -$15.48M |
| Cash at Beginning | $235.3M | $320.95M | $277M | $213.44M | $133.66M | $44.4M | $27.3M | $35.15M | $38.13M | $37.21M | $118.05M | $62.7M | $37.64M | $65.55M | $69.64M | $89.55M | $47.42M | $44.09M | $19.37M | $27.63M | $17.22M | $13.19M | $21.08M | $34.83M | $62.94M | $31.15M | $17.56M | $26.6M | -$688K | -$688K |
| Cash at End | $354.32M | $236.14M | $318.99M | $276.38M | $213.44M | $133.66M | $44.4M | $27.3M | $35.15M | $38.13M | $37.21M | $118.05M | $62.7M | $37.64M | $65.55M | $69.64M | $89.55M | $47.42M | $44.09M | $19.37M | $27.63M | $17.22M | $13.19M | $21.2M | $36.1M | $62.94M | $31.15M | $47.8M | $1.86M | $1.86M |