Descartes Systems (DSGX) Change in Working Capital (2019 - 2025)

Descartes Systems (DSGX) posted Change in Working Capital of -$2.2 million for Q4 2025, up 68.34% sequentially from -$7.1 million in Q3 2025.

Descartes Systems (DSGX) Change in Working Capital (2019 - 2025) Analysis & Trends

Descartes Systems has reported Change in Working Capital for 7 years, with the latest figure at -$2.2 million in Q4 2025.

Quarterly Change in Working Capital changed N/A year-over-year to -$2.2 million in Q4 2025, while the trailing twelve-month figure through Oct 2025 was -$19.3 million (changed N/A YoY) and the FY2025 annual result came in at -$13.9 million, down 191.77% from the prior year.
Change in Working Capital improved to -$2.2 million in Q4 2025 per DSGX's latest filing, from -$7.1 million in the prior quarter.
Over five years, Change in Working Capital peaked at $9.6 million in Q2 2024 and troughed at -$26.4 million in Q3 2024.
A 5-year average of -$1.1 million and a median of $143500.0 in 2022 frame the typical range for Change in Working Capital.
The widest YoY moves for Change in Working Capital: up 2611.2% in 2024, down 673.02% in 2024.
Over 5 years, Change in Working Capital stood at $5.7 million in 2021, then slumped by 82.78% to $982000.0 in 2022, then jumped by 369.86% to $4.6 million in 2023, then slumped by 673.02% to -$26.4 million in 2024, then soared by 91.5% to -$2.2 million in 2025.
According to Business Quant data, Change in Working Capital over the past three periods registered -$2.2 million, -$7.1 million, and -$7.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Change in Working Capital (Qtr)
1	Sap Se	255.48 Bn	234.41 Bn	16.51 Bn	-
2	Shopify	198.95 Bn	194.00 Bn	1.71 Bn	-
3	Salesforce	160.70 Bn	148.86 Bn	8.56 Bn	-
4	Uber Technologies	154.94 Bn	149.73 Bn	6.38 Bn	-
5	ServiceNow	128.25 Bn	123.58 Bn	2.82 Bn	-
6	Snowflake	114.00 Bn	111.05 Bn	926.45 Mn	-
7	Automatic Data Processing	108.58 Bn	104.35 Bn	2.51 Bn	-
8	Adobe	105.34 Bn	99.72 Bn	5.90 Bn	-
9	Intuit	94.55 Bn	87.77 Bn	7.24 Bn	-
10	Descartes Systems	6.64 Bn	6.28 Bn	149.50 Mn	-

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