The Descartes Systems Group Inc

DSG: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Descartes Earnings: Another Classic Quarter, Descartes Continues to Impress Despite Macro Volatility

Dan Romanoff , Dhruv Kothari

Dec 4, 2025

Descartes' fiscal third-quarter revenue grew by 11% year over year to $187.7 million, driven by 16% growth in services revenue, while adjusted EBITDA margin was 45.6%.

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The Descartes Systems Group Inc

Descartes Earnings: Another Classic Quarter, Descartes Continues to Impress Despite Macro Volatility

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