Descartes Q2 FY27 net income climbs 31.58% to USD 50 million; revenue rises 11.85% to USD 201.1 million - DSGX News | RalliesDescartes Q2 FY27 net income climbs 31.58% to USD 50 million; revenue rises 11.85% to USD 201.1 million
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DSGX• Q2 fiscal 2027 results
- 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.
- The quarter included the USD 29.5 million Drivin acquisition; Descartes repurchased 346,800 shares for USD 24.3 million under its NCIB.
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