Descartes Systems Group Inc. reported record revenues and income from operations for Q2FY26, with revenues reaching $179.8 million, a 10% increase from the same period in fiscal 2025. Cash provided by operating activities was $63.3 million, up 82% from Q2FY25. Descartes attributed its success to its Global Logistics Network and trusted customer relationships.

For the six-month period ended July 31, 2025 (1HFY26), Descartes saw revenues of $348.6 million, up 11% from the previous year. Cash provided by operating activities increased by 19% compared to 1HFY25. Net income for 1HFY26 was $74.3 million, a 7% increase from 1HFY25, with earnings per diluted share at $0.85, up 6%.

Descartes also announced the acquisitions of PackageRoute and Finale, totaling approximately $41.9 million. The company’s cash position at the end of Q2FY26 was $240.6 million. The acquisitions are expected to enhance Descartes’ cloud-based inventory management and final-mile carrier solutions offerings.

Descartes will host a conference call to discuss its financial results on September 3, 2025, at 5:30 p.m. ET. The company’s non-GAAP financial measures, Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues, were key highlights of its performance in Q2FY26. These measures provide insight into Descartes’ operational results and growth strategy.

Read more at GlobeNewswire: Descartes Announces Fiscal 2026 Second Quarter Financial