Descartes grows second-quarter revenue 12.00 percent: what it means for Descartes stock

Published on 10/17/2026 at 21:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted earnings reached USD 94.40 million in the second quarter. Descartes stock closed at USD 87.05 on October 16, 2026, down 1.79 percent on Nasdaq.

Revenue and valuation update

The Descartes Systems Group reported USD 201.10 million in second-quarter revenue on October 13, 2026.
Adjusted earnings reached USD 94.40 million at a 47.00 percent margin in the second quarter.
The Descartes Systems Group stock closed at USD 87.05 on Nasdaq on October 16, 2026, down 1.79 percent on the day.
Fifteen analysts set an average target of USD 100.33 in the latest consensus.

DSGX, CA2499061083, Illustration mit AI erstellt.

The Descartes Systems Group Inc. (CA2499061083) reported record second-quarter revenue of USD 201.10 million, up 12.00 percent from a year earlier, according to Investing.com on October 13, 2026. The stock closed at USD 87.05 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 1.79 percent on the day.

Adjusted earnings reached USD 94.40 million

Adjusted earnings before interest, taxes, depreciation and amortization reached USD 94.40 million in the second quarter, while the margin expanded to 47.00 percent, the same Investing.com report said. Net income was USD 50.00 million, and services revenue rose 13.00 percent to account for 94.00 percent of total sales.

Nasdaq price stays below yearly high

The October 16 closing price stood 10.91 percent below the 52-week high of USD 97.71. The 52-week low was USD 62.56, placing the stock 39.15 percent above that floor. Trading volume reached 553,262 shares, compared with an average volume of 596,715 shares for the quoted period.

Valuation keeps analyst targets in view

The company had a market capitalization of USD 7.4 billion and a price-to-earnings ratio of 40.52 as of October 16, 2026. The latest consensus covered 15 analysts and put the average 12-month target at USD 100.33, or 15.26 percent above the USD 87.05 closing price, according to MarketBeat. The reported range ran from USD 89.00 to USD 125.00.

Revenue growth sets the near-term frame

The second-quarter figures combine a 12.00 percent revenue increase with a 47.00 percent adjusted margin. That mix leaves operating profitability and the conversion of logistics software demand into recurring services revenue as the key figures in the stock's current valuation.

Nasdaq closing price and market value

The Descartes Systems Group stock closed at USD 87.05 on Nasdaq on October 16, 2026 at 4:00 p.m. ET. Its market capitalization was USD 7.4 billion on the same date.