{"id":475014,"date":"2026-06-04T00:50:12","date_gmt":"2026-06-04T00:50:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/475014\/"},"modified":"2026-06-04T00:50:12","modified_gmt":"2026-06-04T00:50:12","slug":"descartes-reports-record-revenue-amid-challenging-trade-landscape","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/475014\/","title":{"rendered":"Descartes reports record revenue amid \u2018challenging\u2019 trade landscape"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">Global supply chain SaaS provider Descartes saw record revenue and operating income during its\u00a02027 fiscal first quarter.<\/p>\n<p class=\"yf-1fy9kyt\">Descartes (<a href=\"https:\/\/finance.yahoo.com\/quote\/DSGX\/\" data-ylk=\"slk:NASDAQ: DSGX;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;NASDAQ&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">NASDAQ: DSGX<\/a>) reported consolidated revenue of $194 million for the period ended April 30, a 15% year-over-year increase. Services revenue was also up 15% to $181 million (organic growth in services revenue was approximately 9%, excluding foreign exchange fluctuations).<\/p>\n<p class=\"yf-1fy9kyt\">The company is seeing more customers use its tools to navigate a changing trade landscape and the tariff refund process. The <a href=\"https:\/\/www.freightwaves.com\/news\/broker-liability-ruling-carriers-brokers-analysts-weigh-in\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Supreme Court\u2019s broker liability decision;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Supreme Court\u2019s broker liability decision&quot;}\" class=\"link \">Supreme Court\u2019s broker liability decision<\/a> has driven inbound demand for its carrier suitability solutions. <\/p>\n<p class=\"yf-1fy9kyt\">Earnings per share of 55 cents for the period were 14 cents higher y\/y and 3 cents ahead of consensus.<\/p>\n<p class=\"yf-1fy9kyt\">\u201cThe global trade landscape remains extremely challenging as supply chain participants look to keep up with increasingly dynamic conditions,\u201d said CEO Ed Ryan in a Wednesday news release. \u201cOur network provides the timely, accurate and reliable data needed to fuel both AI-powered solutions and existing systems of record that are deeply embedded in logistics operations.\u201d<\/p>\n<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/06\/906b31f6cdae7fe1b8ee8421969626f3.jpeg\" alt=\"Table: Descartes\u2019 key performance indicators\" loading=\"eager\" height=\"269\" width=\"924\" class=\"yf-lglytj  loaded\"\/> Table: Descartes\u2019 key performance indicators      <\/p>\n<p class=\"yf-1fy9kyt\">Descartes reported adjusted EBITDA of $90 million in the quarter, which was 20% higher y\/y. It recorded an adjusted EBITDA margin of 46.4%, which was up 190 basis points y\/y.<\/p>\n<p class=\"yf-1fy9kyt\">The company generated $75 million in cash flow from operations in the period, a 40% y\/y increase.<\/p>\n<p class=\"yf-1fy9kyt\">It ended the period with $377 million in cash (up $20 million from the prior quarter), no debt and an untapped $350 million line of credit.<\/p>\n<p class=\"yf-1fy9kyt\">Descartes announced a share repurchase plan in December, allowing it to buy back up to 10% of its public float (approximately 8.6 million shares). It repurchased 305,000 shares in the quarter. It also plans to use cash to fund future M&amp;A.<\/p>\n<p class=\"yf-1fy9kyt\">The company completed <a href=\"https:\/\/www.freightwaves.com\/news\/descartes-acquires-fleet-safety-platform-idelic-for-28m\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:the acquisition of Idelic;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;the acquisition of Idelic&quot;}\" class=\"link \">the acquisition of Idelic<\/a> in April for $25.3 million. Idelic is a provider of AI-powered fleet safety solutions.<\/p>\n<p class=\"yf-1fy9kyt\">Shares of DSGX were off 4.6% in after-hours trading on Wednesday.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/www.freightwaves.com\/news\/author\/toddmaiden\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:More FreightWaves articles by Todd Maiden:;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;More FreightWaves articles by Todd Maiden&quot;}\" class=\"link \">More FreightWaves articles by Todd Maiden:<\/a><\/p>\n<p class=\"yf-1fy9kyt\">The post <a href=\"https:\/\/www.freightwaves.com\/news\/descartes-reports-record-revenue-amid-challenging-trade-landscape\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Descartes reports record revenue amid \u2018challenging\u2019 trade landscape;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Descartes reports record revenue amid \u2018challenging\u2019 trade landscape&quot;}\" class=\"link \">Descartes reports record revenue amid \u2018challenging\u2019 trade landscape<\/a> appeared first on <a href=\"https:\/\/www.freightwaves.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:FreightWaves;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;FreightWaves&quot;}\" class=\"link \">FreightWaves<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Global supply chain SaaS provider Descartes saw record revenue and operating income during its\u00a02027 fiscal first quarter. Descartes&hellip;\n","protected":false},"author":2,"featured_media":475015,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,83598,220514,220515,8861,85,46,86420],"class_list":["post-475014","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-consolidated-revenue","tag-descartes","tag-dsgx","tag-global-trade","tag-il","tag-israel","tag-record-revenue"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/475014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=475014"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/475014\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/475015"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=475014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=475014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=475014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}