Descartes Historical Income Statement

DSGX Stock

USD 116.08 1.75 1.53%

Historical analysis of Descartes Systems income statement accounts such as Total Revenue of 604 M or Gross Profit of 394.4 M can show how well Descartes Systems Group performed in making a profits. Evaluating Descartes Systems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Descartes Systems's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Descartes Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Descartes Systems is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Descartes Systems Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

About Descartes Income Statement Analysis

Descartes Systems Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Descartes Systems shareholders. The income statement also shows Descartes investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Descartes Systems Income Statement Chart

At this time, Descartes Systems' Income Before Tax is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 8.7 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 105.9 M in 2024.

Total Revenue Gross Profit Other Operating Expenses Research Development Total Other Income Expense Net

Total Revenue

Total revenue comprises all receipts Descartes Systems generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Descartes Systems Group minus its cost of goods sold. It is profit before Descartes Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Descartes Systems. It is also known as Descartes Systems overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Descartes Systems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Descartes Systems current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Descartes Systems Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

	2021	2022	2023	2024 (projected)
Gross Profit	322.9M	372.7M	375.6M	394.4M
Total Revenue	424.7M	486.0M	575.2M	604.0M

Gross Profit Total Revenue

Descartes Systems income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.59	0.93	0.96	0.94	0.89	0.87	0.94	0.93	0.83	0.87	0.87	0.57	0.88	0.85	0.7	0.9	0.87	0.48	0.78	0.97	-0.52	0.94	-0.47
Interest Expense	0.59		0.41	0.43	0.45	0.29	0.28	0.46	0.38	0.33	0.54	0.26	-0.05	0.26	0.26	0.27	0.41	0.25	0.3	0.16	0.54	-0.96	0.5	-0.09
Total Revenue	0.93	0.41		0.99	1.0	0.99	0.99	1.0	1.0	0.96	0.76	0.98	0.76	0.98	0.96	0.68	0.96	0.97	0.55	0.92	0.93	-0.34	0.9	-0.68
Gross Profit	0.96	0.43	0.99		0.99	0.98	0.97	0.99	0.99	0.91	0.83	0.97	0.71	0.97	0.94	0.7	0.95	0.96	0.54	0.89	0.94	-0.36	0.92	-0.59
Other Operating Expenses	0.94	0.45	1.0	0.99		0.97	0.97	1.0	0.99	0.96	0.76	0.97	0.74	0.97	0.95	0.66	0.96	0.96	0.57	0.9	0.93	-0.38	0.89	-0.68
Operating Income	0.89	0.29	0.99	0.98	0.97		0.99	0.97	0.99	0.94	0.73	1.0	0.82	1.0	0.98	0.7	0.95	0.99	0.5	0.95	0.9	-0.23	0.89	-0.68
Ebit	0.87	0.28	0.99	0.97	0.97	0.99		0.97	0.99	0.97	0.68	1.0	0.84	0.99	0.98	0.68	0.96	0.99	0.51	0.96	0.89	-0.23	0.86	-0.74
Research Development	0.94	0.46	1.0	0.99	1.0	0.97	0.97		0.99	0.95	0.78	0.96	0.72	0.96	0.94	0.65	0.95	0.95	0.59	0.89	0.92	-0.39	0.88	-0.66
Ebitda	0.93	0.38	1.0	0.99	0.99	0.99	0.99	0.99		0.95	0.75	0.99	0.79	0.99	0.97	0.7	0.97	0.98	0.52	0.94	0.93	-0.32	0.91	-0.68
Cost Of Revenue	0.83	0.33	0.96	0.91	0.96	0.94	0.97	0.95	0.95		0.57	0.95	0.84	0.94	0.95	0.58	0.93	0.93	0.56	0.92	0.84	-0.27	0.79	-0.84
Total Operating Expenses	0.87	0.54	0.76	0.83	0.76	0.73	0.68	0.78	0.75	0.57		0.71	0.31	0.71	0.66	0.71	0.7	0.7	0.45	0.57	0.8	-0.47	0.82	-0.05
Income Before Tax	0.87	0.26	0.98	0.97	0.97	1.0	1.0	0.96	0.99	0.95	0.71		0.84	1.0	0.98	0.69	0.95	0.99	0.5	0.96	0.89	-0.2	0.88	-0.7
Total Other Income Expense Net	0.57	-0.05	0.76	0.71	0.74	0.82	0.84	0.72	0.79	0.84	0.31	0.84		0.82	0.87	0.62	0.82	0.85	0.17	0.91	0.66	0.03	0.64	-0.82
Net Income	0.88	0.26	0.98	0.97	0.97	1.0	0.99	0.96	0.99	0.94	0.71	1.0	0.82		0.97	0.69	0.94	0.99	0.51	0.95	0.89	-0.2	0.88	-0.69
Income Tax Expense	0.85	0.26	0.96	0.94	0.95	0.98	0.98	0.94	0.97	0.95	0.66	0.98	0.87	0.97		0.7	0.95	0.97	0.45	0.98	0.87	-0.19	0.85	-0.73
Selling General Administrative	0.7	0.27	0.68	0.7	0.66	0.7	0.68	0.65	0.7	0.58	0.71	0.69	0.62	0.69	0.7		0.78	0.74	-0.13	0.7	0.76	-0.27	0.79	-0.27
Selling And Marketing Expenses	0.9	0.41	0.96	0.95	0.96	0.95	0.96	0.95	0.97	0.93	0.7	0.95	0.82	0.94	0.95	0.78		0.96	0.33	0.93	0.92	-0.37	0.88	-0.72
Net Income From Continuing Ops	0.87	0.25	0.97	0.96	0.96	0.99	0.99	0.95	0.98	0.93	0.7	0.99	0.85	0.99	0.97	0.74	0.96		0.42	0.96	0.9	-0.2	0.88	-0.7
Non Recurring	0.48	0.3	0.55	0.54	0.57	0.5	0.51	0.59	0.52	0.56	0.45	0.5	0.17	0.51	0.45	-0.13	0.33	0.42		0.35	0.37	-0.18	0.33	-0.31
Tax Provision	0.78	0.16	0.92	0.89	0.9	0.95	0.96	0.89	0.94	0.92	0.57	0.96	0.91	0.95	0.98	0.7	0.93	0.96	0.35		0.84	-0.13	0.83	-0.76
Interest Income	0.97	0.54	0.93	0.94	0.93	0.9	0.89	0.92	0.93	0.84	0.8	0.89	0.66	0.89	0.87	0.76	0.92	0.9	0.37	0.84		-0.52	0.98	-0.54
Net Interest Income	-0.52	-0.96	-0.34	-0.36	-0.38	-0.23	-0.23	-0.39	-0.32	-0.27	-0.47	-0.2	0.03	-0.2	-0.19	-0.27	-0.37	-0.2	-0.18	-0.13	-0.52		-0.48	0.07
Reconciled Depreciation	0.94	0.5	0.9	0.92	0.89	0.89	0.86	0.88	0.91	0.79	0.82	0.88	0.64	0.88	0.85	0.79	0.88	0.88	0.33	0.83	0.98	-0.48		-0.46
Extraordinary Items	-0.47	-0.09	-0.68	-0.59	-0.68	-0.68	-0.74	-0.66	-0.68	-0.84	-0.05	-0.7	-0.82	-0.69	-0.73	-0.27	-0.72	-0.7	-0.31	-0.76	-0.54	0.07	-0.46

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Descartes Systems Account Relationship Matchups

Descartes Systems income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	61.5M	64.6M	63.3M	64.3M	66.0M	69.3M
Interest Expense	4.4M	1.2M	1.1M	1.2M	1.4M	1.4M
Total Revenue	325.8M	348.7M	424.7M	486.0M	575.2M	604.0M
Gross Profit	240.1M	258.8M	322.9M	372.7M	375.6M	394.4M
Other Operating Expenses	269.7M	274.9M	314.8M	350.1M	430.1M	451.6M
Operating Income	52.3M	71.4M	103.4M	130.4M	142.8M	150.0M
Ebit	56.1M	70.8M	102.2M	132.6M	164.5M	172.7M
Research Development	53.5M	54.1M	62.6M	70.4M	84.4M	88.7M
Ebitda	117.6M	135.4M	165.5M	196.8M	230.5M	242.0M
Cost Of Revenue	85.7M	89.9M	101.8M	113.3M	199.6M	209.6M
Total Operating Expenses	184.0M	185.0M	213.0M	236.8M	205.9M	105.9M
Income Before Tax	48.0M	70.4M	102.6M	133.7M	151.2M	158.7M
Total Other Income Expense Net	(3.6M)	(1.0M)	(824K)	3.3M	8.3M	8.7M
Net Income	37.0M	52.1M	86.3M	102.2M	115.9M	121.7M
Income Tax Expense	11.0M	18.3M	16.3M	31.5M	35.2M	37.0M
Selling General Administrative	34.6M	36.3M	44.5M	49.7M	57.4M	31.5M
Selling And Marketing Expenses	40.4M	38.8M	46.9M	56.6M	68.2M	71.6M
Net Income Applicable To Common Shares	37.0M	52.1M	86.3M	102.2M	117.6M	123.4M
Net Income From Continuing Ops	37.0M	52.1M	86.3M	102.2M	115.9M	121.7M
Tax Provision	11.0M	18.3M	16.3M	31.5M	35.2M	37.0M
Net Interest Income	(4.4M)	(1.2M)	(1.1M)	(1.2M)	(1.4M)	(1.4M)
Reconciled Depreciation	61.5M	61.7M	64.2M	65.4M	66.0M	63.0M

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Descartes Historical Income Statement

About Descartes Income Statement Analysis

Descartes Systems Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Descartes Systems income statement Correlations

Descartes Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Descartes Systems income statement Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Research Development	+ 1.0	Total Revenue
Ebitda	+ 1.0	Total Revenue
Research Development	+ 1.0	Other Operating Expenses
Income Before Tax	+ 1.0	Operating Income
Net Income	+ 1.0	Operating Income

Net Interest Income	- 0.96	Interest Expense
Extraordinary Items	- 0.84	Cost Of Revenue
Extraordinary Items	- 0.82	Total Other Income Expense Net
Extraordinary Items	- 0.76	Tax Provision
Extraordinary Items	- 0.74	Ebit
Extraordinary Items	- 0.73	Income Tax Expense