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The Descartes Systems Group Inc. (TSE:DSG)
NASDAQ:DSG
Canadian Market
DSG
The Descartes Systems Group
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The Descartes Systems Group (DSG) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Sep 09, 2026
After Close (Confirmed)
Period Ending
2027 (Q2)
Consensus EPS Forecast
0.77
Last Year’s EPS
0.6
Same Quarter Last Year
Analyst Consensus
Strong Buy
Based on 8 Analysts Ratings

Earnings Call Summary

Q1 2027
Earnings Call Date:Jun 03, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call emphasized multiple record financial metrics (revenue, net income, adjusted EBITDA, cash generation) and a strong balance sheet, alongside active AI investments, product momentum (MacroPoint, Global Trade Intelligence, NetCHB) and strategic M&A (Idelic). Management acknowledged significant macro and geopolitical headwinds — shipping volatility from the Iran war, higher ocean rates, trucking volume declines, regulatory uncertainty, and potential quarter-to-quarter variability — but positioned the company as well-capitalized and positioned to invest and gain share. Overall, the positive operational and financial achievements substantially outweigh the highlighted external challenges.
Company Guidance
Guidance: As of May 1, 2026 (FX: CAD $0.74, EUR $1.17, GBP $1.36) Descartes calibrated Q2 baseline revenues at approximately $169.0 million, baseline operating expenses at approximately $102.0 million and a baseline adjusted EBITDA of about $66.5 million (≈39% of baseline revenues), while maintaining a target adjusted EBITDA margin range of 40%–45% (Q1 adjusted EBITDA was a record $89.8M or 46% margin). Management expects strong operating cash conversion (north of 80% of adjusted EBITDA; Q1 cash from operations $75.1M or ~84% of adjusted EBITDA), exit cash of $377M and an undrawn $350M credit line, plans incremental FY27 capex of $4M–$6M (Q1 capex ~$2.6M), and forecasts remaining-year items including amortization ~$53.5M, potential contingent consideration up to ~$9M, a tax rate of ~25%–30%, and ~ $24M of stock‑based compensation for the remainder of fiscal 2027; the NCIB permits repurchase of up to 8.6M shares (Q1 buybacks ~$21M; 196,800 additional shares bought May 1–Jun 2).
Record Quarterly Revenue
Total revenues reached $193.6M, up 15% year-over-year, driven by strong services performance.
Services and Organic Growth
Services revenue was $180.5M (93% of total), up 15% YoY; estimated organic services growth (ex-acquisitions and FX) was just over 9% (improved from ~8% in Q4).
Profitability Milestones
Record net income of $48.5M (+34% YoY), record income from operations (+35% YoY), and record adjusted EBITDA of $89.8M (+20% YoY) with an adjusted EBITDA margin at a record 46%.
Strong Cash Generation and Balance Sheet
Operating cash flow of $75.1M (up 40% YoY), cash balance of $377M, debt-free with an undrawn $350M credit facility, and active NCIB (share repurchases of ~$21M in Q1 plus additional purchases).
Gross Margin and Operating Leverage
Gross margin improved to 78% (from 76% YoY), reflecting operating leverage from services growth.
AI Investment and Product Momentum
Significant investment in AI agent layer and related agent portfolio (MacroPoint agents, routing/dispatch agents, Datamyne research agents, enhanced sanctioned-party screening). Management plans continued AI investments and is showcasing innovations at an October Innovation Forum.
Strategic M&A and Product Additions
Completed acquisition of Idelic (adds proprietary safety data: ~40 billion miles of telematics/accident history) to enhance fleet performance management and AI capabilities.
Network Effects & Macro Product Wins
MacroPoint track rate improved from ~87% to ~93% via AI agents; momentum in Global Trade Intelligence (tariff/duty content, sanctioned-party screening, FTZs, Datamyne) and e-commerce NetCHB filings driving market share gains.

The Descartes Systems Group (TSE:DSG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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TSE:DSG Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Sep 09, 2026
2027 (Q2)
0.77 / -
0.595―――
Jun 03, 2026
2027 (Q1)
0.71 / 0.76
0.5636.43% (+0.20)―
Mar 11, 2026
2026 (Q4)
0.68 / 0.71
0.61415.31% (+0.09)
Dec 03, 2025
2026 (Q3)
0.64 / 0.70
0.59117.94% (+0.11)
Sep 03, 2025
2026 (Q2)
0.59 / 0.59
0.5419.98% (+0.05)
Jun 04, 2025
2026 (Q1)
0.62 / 0.56
0.5472.38% (+0.01)
Mar 05, 2025
2025 (Q4)
0.61 / 0.61
0.49923.05% (+0.11)―
Dec 03, 2024
2025 (Q3)
0.56 / 0.59
0.4240.71% (+0.17)―
Sep 04, 2024
2025 (Q2)
0.53 / 0.54
0.43723.80% (+0.10)―
May 29, 2024
2025 (Q1)
0.54 / 0.55
0.45919.17% (+0.09)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

TSE:DSG Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jun 03, 2026
C$102.88C$108.34+5.31%
Mar 11, 2026
C$93.80C$98.09+4.57%
Dec 03, 2025
C$115.81C$132.45+14.37%
Sep 03, 2025
C$137.20C$146.86+7.04%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does The Descartes Systems Group Inc. (TSE:DSG) report earnings?
The Descartes Systems Group Inc. (TSE:DSG) is schdueled to report earning on Sep 09, 2026, After Close (Confirmed).
    What is The Descartes Systems Group Inc. (TSE:DSG) earnings time?
    The Descartes Systems Group Inc. (TSE:DSG) earnings time is at Sep 09, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is TSE:DSG EPS forecast?
          TSE:DSG EPS forecast for the fiscal quarter 2027 (Q2) is 0.77.