The Descartes Systems Group Inc. (TSX:DSG)

TSX:DSG Balance Sheet

Financials in millions USD. Fiscal year is February - January.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Cash & Equivalents	278.79	236.14	320.95	276.39	213.44	133.66
Cash & Short-Term Investments	278.79	236.14	320.95	276.39	213.44	133.66
Cash Growth	53.79%	-26.43%	16.13%	29.49%	59.69%	201.02%
Accounts Receivable	64.82	53.95	51.57	45.17	41.71	37.21
Other Receivables	22.29	16.93	12.19	11.27	13.77	14.59
Receivables	87.11	70.88	63.76	56.45	55.47	51.8
Inventory	0.21	0.72	0.35	-	0.87	0.43
Prepaid Expenses	20.11	18.46	16.91	13.83	11.11	8.94
Other Current Assets	14.89	26.37	16.21	11.99	11.17	8.24
Total Current Assets	401.1	352.57	418.18	358.65	292.06	203.07
Property, Plant & Equipment	20.04	20.1	17.81	18.21	21.39	24.25
Goodwill	1,016	924.76	760.41	675.65	608.76	565.18
Other Intangible Assets	350.96	321.27	251.05	229.81	229.61	239.99
Long-Term Deferred Tax Assets	6.12	3.8	2.1	11.48	14.96	15.22
Long-Term Deferred Charges	22.3	19	18.6	18.4	16.6	12.9
Other Long-Term Assets	3.96	5.89	6.14	3.85	2.05	2.65
Total Assets	1,821	1,647	1,474	1,316	1,185	1,063
Accounts Payable	15.93	20.65	17.48	10.57	10.57	7.96
Accrued Expenses	64.84	70.98	56.68	80.31	56.44	38.88
Current Portion of Leases	3.24	3.18	3.08	3.4	4.03	4.17
Current Income Taxes Payable	6.47	9.31	6.73	7.54	5.62	3.38
Current Unearned Revenue	117.07	104.23	84.51	67.78	56.78	49.88
Other Current Liabilities	11.12	8.67	35.15	-	-	-
Total Current Liabilities	218.67	217.03	203.63	169.6	133.43	104.26
Long-Term Leases	4.36	4.72	3.9	3.92	7.38	8.9
Long-Term Unearned Revenue	1.56	0.98	1.46	1.62	1.92	1.41
Long-Term Deferred Tax Liabilities	38.5	34.13	21.1	35.4	35.52	29.39
Other Long-Term Liabilities	6.05	5.53	6.15	6.12	7.35	8.23
Total Liabilities	269.13	262.38	236.25	216.65	185.61	152.19
Common Stock	587.15	568.34	551.16	538.45	536.3	531.83
Additional Paid-In Capital	503.92	503.13	494.7	486.55	473.3	464.1
Retained Earnings	482.19	364.03	220.76	104.85	2.61	-83.67
Comprehensive Income & Other	-21.58	-50.5	-28.59	-30.46	-12.39	-1.19
Shareholders' Equity	1,552	1,385	1,238	1,099	999.82	911.07
Total Liabilities & Equity	1,821	1,647	1,474	1,316	1,185	1,063
Total Debt	7.6	7.9	6.98	7.32	11.41	13.06
Net Cash (Debt)	271.19	228.24	313.97	269.07	202.03	120.6
Net Cash Growth	55.55%	-27.30%	16.69%	33.18%	67.52%	289.05%
Net Cash Per Share	3.10	2.61	3.62	3.11	2.34	1.41
Filing Date Shares Outstanding	85.99	85.61	85.18	84.82	84.76	84.5
Total Common Shares Outstanding	85.99	85.61	85.18	84.82	84.76	84.49
Working Capital	182.44	135.54	214.55	189.06	158.63	98.8
Book Value Per Share	18.05	16.18	14.53	12.96	11.80	10.78
Tangible Book Value	184.38	138.98	226.57	193.94	161.45	105.9
Tangible Book Value Per Share	2.14	1.62	2.66	2.29	1.90	1.25
Machinery	48.89	42.88	52.69	47.77	44.13	40.62
Construction In Progress	-	0.04	0.5	0.36	0.52	1
Leasehold Improvements	0.72	0.72	0.99	1.08	0.82	0.81

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.