Descartes Systems Group Inc balance sheet DSGX

Annual Quarterly

As of Jan 31, 2026, Descartes Systems Group Inc had total assets of $1.9 billion and total liabilities of $276.8 million. Stockholders' equity was $1.6 billion. It held $356.5 million in cash and investments against $8.4 million of total debt, net cash of $348.2 million. The current ratio, current assets divided by current liabilities, was 2.16.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line	FY 2026 Jan 31, 2026	FY 2022 Jan 31, 2022	FY 2021 Jan 31, 2021	FY 2020 Jan 31, 2020	FY 2019 Jan 31, 2019	FY 2018 Jan 31, 2018	FY 2017 Jan 31, 2017	FY 2016 Jan 31, 2016	FY 2015 Jan 31, 2015	FY 2013 Jan 31, 2014
Assets
Cash	357	213 +59.7%	134 +201.0%	44 +62.7%	27 -22.3%	35 -7.8%	38 +2.5%	37 -68.5%	118	63 +66.6%
Short-term investments	—	—	—	—	—	—	—	5	—	—
Cash and investments	357	213 +59.7%	134 +201.0%	44 +62.7%	27 -22.3%	35 -17.8%	38 +2.5%	42 -64.5%	118	63 +66.6%
Receivables	65	42 +12.1%	37 +5.9%	35 +11.5%	31 +9.4%	29 +13.3%	25 -0.8%	26 +13.3%	23	21 -0.4%
Inventory	0	1 +102.3%	0 +4.4%	0 +332.6%	0 -22.8%	0 -26.3%	0 +7.7%	0 -67.3%	0	1 +66.3%
Total current assets	482	292 +43.8%	203 +102.6%	100 +38.7%	72 -3.5%	75 +3.2%	73 -3.2%	75 -52.3%	157	110 +35.9%
Property and equipment, net	14	11 -10.5%	12 -12.0%	14 +8.9%	13 -1.5%	13 +22.5%	10 +21.4%	9 +9.9%	8	9 -14.1%
Goodwill	1,026	609 +7.7%	565 +7.9%	524 +38.5%	378 +8.0%	350 +33.1%	263 +21.0%	217 +47.5%	147	111 +25.9%
Total assets	1,896	1,185 +11.5%	1,063 +12.8%	943 +44.3%	653 +4.6%	625 +24.8%	501 +10.5%	453 +1.9%	444	344 +24.8%
Liabilities and equity
Accounts payable	21	11 +32.8%	8 +3.8%	8 +49.0%	5 -34.8%	8 +68.8%	5 +4.6%	4 -3.2%	5	7 +15.0%
Total current liabilities	223	133 +28.0%	104 +17.2%	89 +26.4%	70 +4.0%	68 +25.8%	54 +34.4%	40 -0.3%	40	44 +55.5%
Total liabilities	277	186 +22.0%	152 +25.9%	121 +0.9%	120 -4.9%	126 +80.2%	70 +37.8%	51 -5.7%	54	94 +149.1%
Stockholders' equity	1,619	1,000 +9.7%	911 +10.9%	822 +54.0%	534 +7.0%	499 +15.8%	431 +7.1%	402 +3.0%	390	250 +5.0%
Debt
Debt due within a year	—	—	—	—	—	—	—	—	—	9
Long-term debt	—	—	—	—	25 -31.2%	37	—	—	—	32
Lease liabilities	8	11 -12.6%	13 -2.6%	13	—	—	—	—	—	—
Total debt	8	11 -12.6%	13 -66.4%	13	25 -31.2%	37	—	—	—	40
Net cash	348	202 +67.5%	121 +2079.2%	31	2 +198.9%	-2	—	—	—	22
Ratios
Current ratio	2.16x	2.19x	1.95x	1.13x	1.03x	1.11x	1.35x	1.87x	3.92x	2.49x
Debt to equity	0.01x	0.01x	0.01x	0.02x	0.05x	0.07x	—	—	—	0.16x
Debt to EBITDA	0.04x	0.11x	0.17x	0.23x	0.55x	0.93x	—	—	—	2.24x
Return on equity	10.12%	8.63%	5.72%	4.50%	5.86%	5.39%	5.54%	5.11%	3.86%	3.84%
Return on assets	8.64%	7.28%	4.90%	3.93%	4.79%	4.30%	4.76%	4.54%	3.39%	2.79%
Book value per share	18.82	11.80	10.78	9.76	6.94	6.50	5.68	5.31	5.17	3.93

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry: Services-Prepackaged Software (SIC 7372)
Listed as: DSGX (Nasdaq)
Fiscal year ends: January 31
Incorporated in: Ontario, Canada
Headquarters: Waterloo, Ontario, Canada
SEC filer status: Smaller reporting company
SEC CIK: 1050140

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.