Canada's Descartes Q4 revenue beats estimates

Descartes Systems group

11/03/2026 21:14

Overview

Canada logistics software firm's fiscal Q4 revenue rose 15% yr/yr, beating analyst expectations

Adjusted EBITDA for fiscal Q4 beat consensus, rising 18% yr/yr

Outlook

Company did not provide specific guidance for future quarters or the full year in its press release but says that tariff uncertainty and geopolitical shifts continue to impact supply chain conditions

Result Drivers

SERVICES REVENUE GROWTH - Q4 revenue growth driven by 15% increase in services revenue, which accounted for 93% of total revenue

Company press release: ID:nGNX5qRmG1

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$192.8 mln
$188.52 mln (6 Analysts)
Q4 EPS
$0.52
Q4 Net Income
$45.6 mln
Q4 Adjusted EBITDA
Beat
$88.7 mln
$85.53 mln (7 Analysts)
Q4 Gross Margin
78%
Q4 Operating Income
$59 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 39 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)