The Descartes Systems Group Inc.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $356.5M | $236.1M | $213.4M | $133.7M | $44.4M | $27.3M | $35.1M | $38.1M |
| Accounts Receivable | $64.8M | $54.0M | $41.7M | $37.2M | $35.1M | $31.5M | $28.8M | $25.4M |
| Inventory | $101.0K | $715.0K | $868.0K | $429.0K | $411.0K | $95.0K | $123.0K | $167.0K |
| Total Current Assets | $482.1M | $352.6M | $292.1M | $203.1M | $100.2M | $72.2M | $74.9M | $72.6M |
| Property, Plant & Equipment | $13.5M | $12.5M | $10.8M | $12.1M | $13.7M | $12.6M | $12.8M | $10.4M |
| Goodwill | $1.03B | $924.8M | $608.8M | $565.2M | $523.7M | $378.2M | $350.1M | $263.1M |
| Intangible Assets (Excl. Goodwill) | $332.1M | $321.3M | $229.6M | $240.0M | $257.0M | $176.2M | $178.0M | $145.4M |
| Total Assets | $1.90B | $1.65B | $1.19B | $1.06B | $942.6M | $653.3M | $624.9M | $500.5M |
| Liabilities | ||||||||
| Accounts Payable | $20.9M | $20.7M | $10.6M | $8.0M | $7.7M | $5.1M | $7.9M | $4.7M |
| Total Current Liabilities | $223.2M | $217.0M | $133.4M | $104.3M | $88.9M | $70.4M | $67.7M | $53.8M |
| Long-Term Debt | — | — | — | — | — | $25.5M | $37.0M | — |
| Total Liabilities | $276.8M | $262.4M | $185.6M | $152.2M | $120.9M | $119.8M | $126.1M | $69.9M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $527.0M | $364.0M | $2.6M | $-83.7M | $-135.8M | $-172.8M | $-211.6M | $-238.5M |
| Total Stockholders' Equity | $1.62B | $1.39B | $999.8M | $911.1M | $821.7M | $533.5M | $498.8M | $430.6M |