Inferra AI / Company / DSGX

Descartes Systems Group Inc.

DSGX · Information Technology

Last earnings Sep 11, 2026

Key results

Revenuefull-year

$15.0 million

The purchase price for the acquisition was approximately $40.0 million, net of cash acquired, which was funded from cash on hand, plus potential performance-based contingent consideration of up to $15.0 million based on Finale achieving revenue-based targets over the first two years post-acquisition.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

Revenuequarter

$348.6 million

Our total revenues were $348.6 million and $314.8 million for the first half of 2026 and 2025, respectively.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

(collectively referred to as Sellercloud ), collectively, the 2025 Acquisitions ), which contributed an incremental $21.1 million in revenues in the first half of 2026.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

Revenues were also positively impacted by the partial period of contribution from the acquisitions completed in 2026 (3GTMS and PackageRoute, collectively, the 2026 Acquisitions ), which contributed an incremental $8.9 million in revenues.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

For the second quarter of 2026 and 2025, our total revenues were $179.8 million and $163.4 million, respectively.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

The increase in revenues in the second quarter of 2026 compared to the same period of 2025 9 Table of Contents was primarily due to a full period of contribution from the 2025 Acquisitions, which contributed an incremental $8.5 million in revenues in the second quarter of 2026.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

Revenues were also positively impacted by the partial period of contribution from the 2026 Acquisitions, which contributed an incremental $6.5 million in revenues in the second quarter of 2026.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

revenues were $0.6 million and $1.9 million for the first half of 2026 and 2025, respectively, representing less than 1% and 1% of total revenues in the first half of 2026 and 2025, respectively.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

AI analysis

Q2 FY2026 · reported Sep 4, 2025

Based on: Earnings release (6-K exhibit) + Q2 FY2026 deck + parent 6-K — transcript not held

Revenue · Q2 FY2026

$348.6M

Full year: $15.0 million

EX-99 · Sep 4, 2025

Headline figures

Metric	Q2 FY2026	Prior qtr	Year ago
Revenue	$348.6 million	—	—

EX-99 · Sep 4, 2025

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Interest expense is primarily comprised of debt standby charges as well as the amortization of deferred financing charges.

No amounts were borrowed and outstanding on our revolving debt facility in the first half and second quarter of 2026 and 2025, respectively.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

You should read this MD&A in conjunction with our unaudited condensed consolidated financial statements for our second quarter and six month period of fiscal 2026 that appear elsewhere in this Quarterly Report to Shareholders

Based on: Earnings release (6-K exhibit) + Q2 FY2026 deck + parent 6-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Interest expense is primarily comprised of debt standby charges as well as the amortization of deferred financing charges.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

No amounts were borrowed and outstanding on our revolving debt facility in the first half and second quarter of 2026 and 2025, respectively.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

The facility is a $350.0 million revolving operating credit facility to be available for general corporate purposes, including the financing of ongoing working capital needs and acquisitions.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

The credit facility has a five-year maturity with no fixed repayment dates prior to the end of the term ending December 2027.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

With the approval of the lenders, the credit facility can be expanded to a total of $500.0 million.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

Borrowings under the credit facility are secured by a first charge over substantially all of Descartes assets.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

Strategy & priorities

We are primarily focused on logistics and supply chain management business processes.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

Our solutions are predominantly cloud-based and are focused on improving the productivity, security and sustainability of logistics-intensive businesses.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

Additionally, regulatory initiatives mandating electronic filing of shipment information with customs authorities require companies to automate aspects of their shipping processes to remain compliant and competitive.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

While many compliance initiatives started in the US, compliance has now become a global issue with significantly more international shipments crossing several borders on the way to their final destinations.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

Our global trade intelligence solutions can help customers: research and analyze global trade movements, regulations and trends; reduce the risk of transacting with denied parties; increase trade compliance rates; optimize sourcing, procurement, and business development strategies; and minimize duty spend.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

Risks & headwinds

These forward-looking statements are subject to risks and uncertainties and are based on assumptions that may cause future results to differ materially from those expected.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

Such forward-looking statements also involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements of, or developments in our business or industry, to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

If any of such risks actually occur, they could materially adversely affect our business, financial condition or results of operations.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

Customers use our modular, software-as-a-service ( SaaS ) and data solutions to route, track and help improve the safety, performance and compliance of 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 complete numerous other logistics processes by participating in a large, collaborative multi-modal logistics community.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

The rise of ecommerce has heightened these challenges for many suppliers with end-customers increasingly demanding narrower order-to-fulfillment periods, lower prices and greater flexibility in scheduling and rescheduling deliveries.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

Our customs compliance technology helps shippers, transportation providers, freight forwarders and other logistics intermediaries to securely and electronically file shipment and tariff/duty information with customs authorities and self-audit their own efforts.

SEC original ↗Descartes Systems Group Inc. — Earnings release (6-K exhibit)EX-99Sep 4, 2025

Documents

Earnings deck slides

0 decks with slide view

Descartes Systems Group Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors