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Descartes Q2 FY27 net income climbs 31.58% to USD 50 million; revenue rises 11.85% to USD 201.1 million

PUBT·09/10/2026 23:05:20
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Descartes Q2 FY27 net income climbs 31.58% to USD 50 million; revenue rises 11.85% to USD 201.1 million
  • Descartes posted Q2 fiscal 2027 net income of USD 50 million, up 31.58% year over year; diluted EPS rose 32.56% to USD 0.57.
  • Revenue climbed 11.85% to USD 201.1 million, driven by USD 16.9 million from new and existing customers and USD 2.6 million from acquisitions.
  • Operating income increased 35.89% to USD 65.5 million; gross margin widened 1 percentage point to 78%.
  • Operating cash flow rose 28.44% to USD 81.3 million; cash totaled USD 401.1 million at July 31, 2026.
  • Quarter included the USD 29.5 million Drivin acquisition; Descartes repurchased 346,800 shares for USD 24.3 million under its NCIB.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Descartes Systems Group Inc. published the original content used to generate this news brief on September 10, 2026, and is solely responsible for the information contained therein.