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On September 10, The Descartes Systems Group Inc. (NASDAQ:DSGX) reported strong financial results for the second quarter of fiscal 2027, achieving record revenue and income from operations despite an increasingly dynamic global trade environment.
The company posted quarterly revenue of $201 million, representing a 12% increase year-over-year. Services revenue rose 13% year-over-year to reach $188.6 million. Income from operations increased 36% to $65.5 million, up from $48.2 million in the second quarter of fiscal 2026. Adjusted EBITDA also reached a record $94.4 million, up 18% year-over-year. The adjusted EBITDA margin rose to a record 47%.
Organic services revenue growth was just over 9%. The Descartes Systems Group Inc. (NASDAQ:DSGX) said that the growth was driven by demand for Global Trade Intelligence, e-commerce, transportation management, and fleet performance solutions.
The company is also focused on expanding its product portfolio through strategic acquisitions. The Descartes Systems Group Inc. (NASDAQ:DSGX) recently acquired Extensiv, a leading provider of warehouse management and fulfillment solutions for third-party logistics providers (3PLs) and the brands they serve, and Tai, a leading provider of advanced transportation management solutions for freight brokers.