The Descartes Systems Group
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. The Descartes Systems Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 18% to $572,931,000. The net income raised on $115,907,000 and profit margin reached 20%. Total operating expenses were $291,787,000.

Profit Margin

The Descartes Systems Group Inc. (NASDAQ:DSGX): Profit margin
2015 170.86M 15.05M 8.81%
2016 184.99M 20.56M 11.12%
2017 203.77M 23.83M 11.7%
2018 237.43M 26.87M 11.32%
2019 275.17M 31.27M 11.37%
2020 325.79M 36.99M 11.36%
2021 348.66M 52.1M 14.94%
2022 424.69M 86.28M 20.32%
2023 486.01M 102.23M 21.04%
2024 572.93M 115.90M 20.23%

DSGX Income Statement (2015 – 2024)

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue
572.93M486.01M424.69M348.66M325.79M275.17M237.43M203.77M184.99M170.86M
Cost of revenue
138.29M113.32M101.81M89.91M85.72M74.99M63.70M56.05M53.85M54.87M
Gross profit
434.63M372.68M322.88M258.75M240.07M200.17M173.73M147.72M131.13M115.98M
Operating exp.
Research and development
84.44M70.35M62.57M54.06M53.51M47.87M41.80M35.55M31.29M28.07M
Selling and marketing
68.16M56.57M46.89M38.78M40.38M36.87M33.12M24.94M22.42M20.40M
Total operating expenses
291.78M236.81M213.01M185.02M184.01M154.93M133.85M113.57M101.54M90.52M
Operating income
142.84M130.43M103.43M71.39M52.25M41.44M35.88M30.69M28.09M22.57M
Other income (expenses), net
8.30M3.29M-6.12M-2.17M-4.22M-3.60M-3.83M804K-1.49M-755K
Income before tax
151.15M133.72M102.61M70.36M48.03M39.51M34.74M31.5M27.77M21.82M
Income tax expense
35.24M31.49M16.32M18.26M11.03M8.23M7.86M7.66M7.20M6.76M
Net income
115.90M102.23M86.28M52.1M36.99M31.27M26.87M23.83M20.56M15.05M
Earnings per share
Basic EPS
1.361.181.010.650.450.410.350.310.270.21
Diluted EPS
1.341.160.990.640.450.40.350.310.270.21
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