The Descartes Systems Group Inc. (DSGX) quarterly cash flow statement — complete operating, investing & financing history
The Descartes Systems Group Inc. (DSGX) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'27 | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|
| Cash from Operations | 80.89M | 75.78M | 77.4M | 72.68M | 63.34M | 53.6M | 60.73M | 60.15M | 34.66M | 62.76M | 51.13M | 56.05M | 52.01M | 48.85M | 50.65M | 50.91M | 46.4M | 44.43M | 45.52M | 43.34M |
| Operating CF Margin % | 40.22% | 38.81% | 39.44% | 39.12% | 35.22% | 31.77% | 36.26% | 35.64% | 21.21% | 41.47% | 34.49% | 38.74% | 36.27% | 35.76% | 40.47% | 41.92% | 37.72% | 38.17% | 40.51% | 39.79% |
| Operating CF Growth % | 27.71% | 41.37% | 27.46% | 20.84% | 82.74% | -14.59% | 18.77% | 7.31% | -33.36% | 28.46% | 0.95% | 10.09% | 12.1% | 9.95% | 11.27% | 17.48% | 0.05% | 8.62% | 24.84% | 30.74% |
| Net Income | 49.8M | 48.88M | 46.43M | 43.46M | 38.02M | 36.24M | 37.37M | 36.56M | 34.4M | 34.15M | 32.02M | 26.6M | 28.12M | 29.35M | 29.75M | 26.47M | 22.9M | 23.11M | 19.19M | 25.49M |
| Depreciation & Amortization | 19.57M | 18.91M | 22.8M | 21.95M | 22M | 20.56M | 20.89M | 18.91M | 18.8M | 16.14M | 16.58M | 16.7M | 16.85M | 15.94M | 15.72M | 16M | 17.39M | 16.29M | 16.33M | 16.65M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 4.45M | 4.37M | 5.39M | 5.3M | 5.51M | 3.77M | 4.6M | 4.51M | 4.45M | 2.92M | 3.57M | 3.58M | 3.74M | 2.79M | 2.9M | 2.95M |
| Deferred Taxes | 63.44K | 242.02K | 2.29M | 3.56M | 5.8M | -571K | 54K | -6.44M | 2.13M | -803.93K | -2.77M | -2.16M | -1.87M | 808K | -322K | -272K | 1.32M | 2.51M | 3.34M | -2.45M |
| Other Non-Cash Items | 7.7M | 7.21M | 6.6M | 5.92M | 98.7K | 173.1K | 24K | -42K | 8.22M | 1.39K | 39.29K | -15K | -148K | 220K | 99K | -97K | 68K | -17K | -176K | -73K |
| Working Capital Changes | 3.75M | 535.47K | -727.52K | -2.2M | -7.04M | -7.17M | -3M | 5.86M | -34.4M | 9.5M | 564.71K | 10.4M | 4.61M | -384K | 1.83M | 5.24M | 982K | -260K | 3.93M | 776K |
| Change in Receivables | 0 | 183.53K | -3.18M | -6.83M | -4.11M | -699.19K | 0 | 0 | -7.73M | 6.17M | 3.74M | 7.52M | -6.05M | -4.16M | 1.47M | 3.23M | -1.62M | -2.92M | 393K | -4.7M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 316.44K | -118.22K | 0 | 37K | 385K | -19.99K | 75K | -8K | -18K | 54K | -104K | -56K |
| Change in Payables | 0 | -2.36M | 4M | -9.76K | -6.25M | 1.19M | 0 | 0 | 1.82M | 1.39M | 3.17M | 2.37M | -367K | 1.03M | -2.06M | 2.58M | -293K | -829.14K | 799K | 1.75M |
| Cash from Investing | -31.33M | -32.57M | -1.29M | -37.73M | -3.52M | -114.19M | -5.83M | -134.07M | -15.32M | -139.64M | -877.26K | -1.46M | -2.18M | -143.9M | -13.22M | -1M | -62.88M | -44.53M | -979K | -1.25M |
| Capital Expenditures | -1.99M | -2.6M | -1.46M | -1.18M | -1.24M | -1.92M | -2.09M | -1.31M | -1.58M | -1.74M | -726.02K | -1.46M | -2.18M | -1.2M | -1.64M | -1M | -1.79M | -1.64M | -979K | -1.25M |
| CapEx % of Revenue | 0.99% | 1.33% | 0.74% | 0.64% | 0.69% | 1.14% | 1.25% | 0.78% | 0.96% | 1.15% | 0.49% | 1.01% | 1.52% | 0.88% | 1.31% | 0.83% | 1.45% | 1.41% | 0.87% | 1.15% |
| Acquisitions | -29.34M | -29.97M | 171.9K | -36.55M | -2.28M | -112.33M | -3.74M | -132.75M | -13.74M | -137.9M | -151.24K | -402.93K | 1.13M | -142.7M | -11.57M | -1.15M | -61.1M | -42.89M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 55K | 0 | 0 | 0 | 0 | 0 | 402.93K | -1.13M | 0 | 0 | 1.15M | 0 | 0 | 0 | 0 |
| Cash from Financing | -23.89M | -21.99M | 1.41M | 2.94M | 3.64M | -2.97M | 2.5M | 2.36M | -5.94M | -2.48M | -10.01M | 447K | -5.75M | 530K | -977K | 1.16M | -5.1M | 322K | 105K | 1.04M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -23.84M | -17.42M | 1.92M | 2.92M | 4.81M | 3.56M | 2.5M | 2.37M | 3.28M | 4.23M | 2.82M | 447K | 566K | 5.46M | 75K | 1.16M | 111K | 388K | 117K | 1.04M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -24.2M | -20.95M | -911.57K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -42.97K | -4.58M | -503.31K | 16.94K | -1.17M | -6.53M | 0 | -15K | -9.22M | -6.71M | -12.83M | 0 | -6.32M | -4.92M | -1.05M | 0 | -5.21M | -66K | -12K | 0 |
| Net Change in Cash | 23.6M | 23.17M | 75.65M | 38.55M | 64.22M | -59.73M | 54.86M | -71.37M | 13.73M | -80.74M | 39.31M | 52.2M | 45.22M | -94.2M | 39.03M | 48.33M | -22.75M | -1.66M | 42.36M | 42.72M |
| Free Cash Flow | 78.9M | 73.17M | 75.94M | 71.5M | 62.1M | 51.74M | 58.63M | 58.83M | 33.08M | 61.02M | 50.4M | 54.59M | 49.83M | 47.65M | 49.01M | 49.91M | 44.61M | 42.8M | 44.54M | 42.08M |
| FCF Margin % | 39.23% | 37.48% | 38.69% | 38.48% | 34.53% | 30.66% | 35.01% | 34.86% | 20.24% | 40.32% | 34.01% | 37.73% | 34.75% | 34.88% | 39.16% | 41.09% | 36.27% | 36.77% | 39.64% | 38.64% |
| FCF Growth % | 27.06% | 41.42% | 29.51% | 21.53% | 87.69% | -15.21% | 16.33% | 7.78% | -33.61% | 28.06% | 2.86% | 9.37% | 11.7% | 11.35% | 10.02% | 18.6% | -1.8% | 9.03% | 25.25% | 29.99% |
| FCF per Share | 0.91 | 0.84 | 0.87 | 0.82 | 0.71 | 0.59 | 0.67 | 0.67 | 0.38 | 0.70 | 0.58 | 0.63 | 0.57 | 0.55 | 0.57 | 0.58 | 0.52 | 0.50 | 0.52 | 0.49 |
| FCF Conversion (FCF/Net Income) | 1.62x | 1.55x | 1.67x | 1.67x | 1.67x | 1.48x | 1.63x | 1.65x | 1.00x | 1.81x | 1.61x | 2.11x | 1.85x | 1.66x | 1.70x | 1.92x | 2.03x | 1.92x | 2.37x | 1.70x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 19.42M | 12.14M | 0 | 0 | 0 | 13.42M | 0 | 3.93M | 18.44M | 0 | 8.22M | 9.6M | 6.39M | 3.71M | 4.09M | 7.15M | 668K |