DSGX is the ticker symbol for DESCARTES SYSTEMS GROUP INC, a publicly traded Technology sector company listed on Nasdaq. 13F Pro tracks DSGX with AI-powered analysis, an AI quality score, SEC EDGAR financials, insider transactions, and institutional 13F holdings — all sourced directly from public SEC filings.

Is DSGX a good stock to buy?

13F Pro's AI ranking engine scores DSGX at 65.0/100, ranked #499 of 2,925 stocks on a composite quality score built from its SEC filings, covering profitability, growth, balance sheet strength, and free cash flow. The full AI verdict and bull/bear case for DSGX is available at https://13fpro.ai/company/DSGX. Not investment advice — review the underlying SEC filings before making any trade.

Where does 13F Pro source DSGX data?

All DESCARTES SYSTEMS GROUP INC fundamentals and ownership data come directly from SEC EDGAR. DESCARTES SYSTEMS GROUP INC files with the SEC under CIK 1050140. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

DESCARTES SYSTEMS GROUP INC DSGX

NasdaqMid CapTechnology

13F Pro quality score

Rank #499 of 2,925TOP 25%

Why it scores 65 Technology peers →

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$728.99M

Quarter to Jan 31

Net income

$163.77M

Quarter to Jan 31

Free cash flow

$260.52M

Quarter to Jan 31

Operating margin

28.8%

Quarter to Jan 31

Top Institutional Holders

as of Q2 2026

$4.95B total

PRICE T ROWE ASSOCIATES INC /MD/

$392.55M-9.5%

1832 Asset Management L.P.

$264.93M-0.2%

MACKENZIE FINANCIAL CORP

$193.65M-19.4%

Jupiter Topco LLC

$181.74M--

VANGUARD CAPITAL MANAGEMENT LLC

$166.19M+1.2%

MANUFACTURERS LIFE INSURANCE COMPANY, THE

$141.40M+85.8%

Temasek Holdings (Private) Ltd

$139.07M+37.4%

Conestoga Capital Advisors, LLC

$129.12M-11.7%

T. Rowe Price Investment Management, Inc.

$128.04M-15.3%

BANK OF MONTREAL /CAN/

$125.37M+18.7%

MORGAN STANLEY

$116.87M+13.4%

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

$105.80M+21.5%

Waratah Capital Advisors Ltd.

$100.24M+21.7%

WELLINGTON MANAGEMENT GROUP LLP

$94.40M+640.7%

Select Equity Group, L.P.

$89.39M+19.5%

GEODE CAPITAL MANAGEMENT, LLC

$81.17M+7.4%

$79.85M--

$79.04M+9.7%

$77.61M+34.1%

$74.75M+64.3%

GENEVA CAPITAL MANAGEMENT LLC

$73.94M-19.6%

FIL Ltd

$70.50M+151.9%

TD ASSET MANAGEMENT INC

$69.75M-0.7%

CIBC Asset Management Inc

$62.35M-15.9%

Connor, Clark & Lunn Investment Management Ltd.

$58.76M-30.1%

See all 342 institutional holders →

What's Driving DSGX's Business? Latest 20-F Breakdown

23/23 datapoints verified

AI-extracted from the 20-F filed 2005-07-29 — FY2005 (year ended January 31, 2005). Every figure is machine-verified against the filing text on SEC EDGAR.

Revenue declined 22% to $46.4M amid May 2004 restructuring that cut workforce 45%, but Q1 FY2006 showed record profitability of $0.5M.

Biggest Revenue Drivers

Services revenues$41.8M-14% YoY

Loss of certain network services customers and lower professional services from routing/scheduling projects; partially offset by new contracts.

License revenues$4.6M-58% YoY

Shift to services-based business model and reduced sales force pursuit of new license transactions.

Biggest Revenue Drivers

Total revenue: $46.4M-22% YoY

Services revenues$41.8M-14% YoY

Loss of certain network services customers and lower professional services from routing/scheduling projects; partially offset by new contracts.

License revenues$4.6M-58% YoY

Shift to services-based business model and reduced sales force pursuit of new license transactions.

Largest Expense Items

Sales and marketing$18.2M-43% YoY

Reduction in sales force and marketing department from restructuring initiative.

Research and development$10.4M+11% YoY

Termination penalty for product development agreement cancellation, offset by outsourcing termination.

Impairment of goodwill$18.2MN/A

Goodwill impairment test using enterprise valuation approach indicated excess carrying value over fair value.

Restructuring costs and asset impairment$14.1M-25% YoY

45% workforce reduction, office closures, $5.8M write-off of redundant assets completed in 2005.

Margins: Gross margin fell to 55% from 68% YoY, driven by lower services revenues concentrated in fixed-cost network infrastructure and higher third-party professional service costs in H1. The company remained loss-making at operating level, though Q4 FY2005 showed significant improvement.

Watch Items from the Filing

Accumulated deficit grew to $410.3M; company was unprofitable for fiscal 2005 with loss of $55.3M, though Q1 FY2006 (post-period) reported record net income of $0.5M.
May 2004 restructuring and CEO termination triggered securities class action litigation settled in-principle for $1.5M ($1.1M insurer-paid, $0.4M company-paid); significant reputational and operational damage reported.
Services revenues dependent on customer shipment volumes and industry consolidation; ocean carrier and transportation customers non-renewing contracts, particularly in EMEA region.
Company paid $27.7M on June 30, 2005 to retire all $27M convertible debentures at maturity; cash and investments declined from $174.1M (FY2003) to $48.8M (FY2005).
Patent infringement lawsuit by ArrivalStar Inc. settled April 2005 with fully paid-up license grant; arbitration commenced against hosting services supplier for contractual fee disputes.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 20-F on SEC EDGAR →

Key Metrics

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ROIC

FY 2026

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FY 2026

EDGAR

Financial Trends

Revenue & Net Income

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DESCARTES SYSTEMS GROUP INC reported revenue, net income and margins by fiscal period, from SEC filings.
Period	Form	Revenue	Net income	Op. marginOperating margin
FY 2026	40-F	$729.0M	$163.8M	28.8%
FY 2025	40-F	$651.0M	$143.3M	27.8%
FY 2024	40-F	$572.9M	$115.9M	24.9%
FY 2023	6-K	$486.0M	$102.2M	26.8%
FY 2022	40-F	$424.7M	$86.3M	24.4%
FY 2021	40-F	$348.7M	$52.1M	20.5%

About DESCARTES SYSTEMS GROUP INC (DSGX): stock profile, AI score and financials

DESCARTES SYSTEMS GROUP INC (DSGX) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores DSGX at 65.0/100 on a composite quality score built from its SEC filings, placing it at rank #499 of 2,925 stocks — the top 25% of the AI-ranked universe. DSGX scores in the top quartile across free cash flow (85.3), profitability (79.2), balance sheet strength (77.1). Shareholder dilution risk is elevated at 32.8/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (FY 2026), DESCARTES SYSTEMS GROUP INC reports quarterly revenue of $729.0M, net income of $163.8M, an operating margin of 28.8%. Top institutional holders of DSGX by reported 13-F value include PRICE T ROWE ASSOCIATES, 1832 Asset Management L.P., MACKENZIE FINANCIAL, based on the most recent SEC filings. DSGX trades on the Nasdaq exchange and files with the SEC under CIK 1050140. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate DSGX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for DESCARTES SYSTEMS GROUP INC directly from SEC EDGAR.

Financials through the period ended Jul 31, 2025SEC EDGAR: CIK 1050140 →

DESCARTES SYSTEMS GROUP INC DSGX

Top Institutional Holders

What's Driving DSGX's Business? Latest 20-F Breakdown

Biggest Revenue Drivers

Biggest Revenue Drivers

Largest Expense Items

Watch Items from the Filing

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

DSGX key financials by period

Congress trading in DSGX

About DESCARTES SYSTEMS GROUP INC (DSGX): stock profile, AI score and financials

DESCARTES SYSTEMS GROUP INC DSGX

Top Institutional Holders

What's Driving DSGX's Business? Latest 20-F Breakdown

Biggest Revenue Drivers

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

DSGX key financials by period

Companies similar to DSGX

Congress trading in DSGX

About DESCARTES SYSTEMS GROUP INC (DSGX): stock profile, AI score and financials