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Descartes Reports 22% Increase in Fiscal 2026 Q4 Net Income as Revenue Climbs
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Descartes Reports 22% Increase in Fiscal 2026 Q4 Net Income as Revenue Climbs
Mar 11, 2026 3:10 PM

05:28 PM EDT, 03/11/2026 (MT Newswires) -- Descartes (DSG.TO, DSGX), was last seen 1.1% in after-hours Nasdaq trading Wednesday, reported a 22% year-over-year rise in fiscal fourth-quarter net income, driven by higher revenue.

The company said net income rose to US$45.6 million, or US$0.52 per share, in the quarter ended Jan.31, up from US$37.4 million, or US$0.43 per, in the year-prior period. It exceeded the FactSet consensus estimate of USD$0.50 per share.

Revenue rose 15% to US$192.8 million, up from US$167.5 million in the prior-year quarter, slightly exceeding FactSet expectations of US$192.4 million. Adjusted EBITDA climbed 18% to US$88.7 million, from US$75.0 million a year earlier.

"Our business performed ahead of our plans for both the fourth quarter and full fiscal year," said chief executive Edward Ryan. "Our customers continue to face tariff uncertainty, both in the future tariff landscape and the potential recovery of some previously-paid tariffs. A rapidly changing geopolitical landscape also continues to impact shipping and supply chains. These conditions and uncertainty contribute to forecasting, pricing, planning and execution challenges for shippers, carriers and logistics services providers alike. Descartes' Global Logistics Network continues to be the supply chain community's critical source of timely, accurate and reliable data and solutions to fuel AI and decision making in these complex market conditions."

Shares of the company at last look were up US$0.78 to US$69.88 after hours. They closed down C$1.35 to C$93.80 on Toronto Stock Exchange.

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