DESCARTES SYSTEMS GROUP INC (DSGX) Form 6-K — Jun 4, 2026
Descartes Systems Group reported first-quarter fiscal 2027 revenue of $193.6 million, a 14.8% increase year-over-year, driven by growth from new and existing customers and full-period contributions from 2026 acquisitions including 3GTMS, PackageRoute, and Finale. Net income rose 33.8% to $48.5 million, with diluted earnings per share reaching $0.55 compared to $0.41 in the prior year. Services revenue, which comprises 93% of total revenue, grew to $180.5 million, reflecting strong demand for the company’s global trade intelligence and routing solutions. The company maintained a strong balance sheet with $377.0 million in cash and no outstanding debt on its $350 million credit facility.
Key figures
- Eps
- 0.55
- Revenue
- 193600000
- Net Income
- 48500000
- Total Debt
- 0
- Revenue Yoy
- 14.8%
- Cash Position
- 377000000
- Shares Outstanding
- 85690827
- Services Revenue
- 180500000
- Operating Cash Flow
- 75100000
- Operating Expenses
- 69300000
- Gross Margin Percent
- 78%
- Acquisition Cash Used
- 29700000
- Ncib Shares Remaining
- 8253000
- Share Repurchase Cost
- 20800000
- Services Revenue Percent
- 93%
AI analysis
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