Descartes Systems (DSGX) FCF Margin (2009 - 2026)
Descartes Systems' (DSGX) quarterly FCF Margin came in at 40.14% in Q2 2026, up 727.0% year-over-year from 4.85% in Q2 2025, and little changed quarter-over-quarter from 40.14% in Q1 2026.
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Descartes Systems (DSGX) FCF Margin (2009 - 2026) Analysis & Trends
Descartes Systems has disclosed FCF Margin across 18 years of filings, most recently posting 40.14% for Q2 2026.
- In Q2 2026, FCF Margin rose 727.0% year-over-year to 40.14%; the TTM figure through Apr 2026 stood at 38.88% (up 473.0% YoY), while the FY2026 annual figure was 37.31%, up 259.0% from the prior year.
- FCF Margin came in at 40.14% for Q2 2026 at Descartes Systems, roughly flat from 40.14% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 43.28% in Q2 2024 to a low of 22.17% in Q3 2024.
- Average FCF Margin over 5 years is 37.48%, with a median of 39.1% recorded in 2025.
- Year-over-year, FCF Margin plunged 1562 bps in 2024 and soared 1374 bps in 2025.
- Over 5 years, FCF Margin stood at 39.17% in 2022, then slipped by 4 bps to 37.79% in 2023, then plunged by 41 bps to 22.17% in 2024, then surged by 76 bps to 39.1% in 2025, then gained by 3 bps to 40.14% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 40.14% in Q2 2026, 40.14% in Q1 2026, and 39.1% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 15.28% |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 30.11% |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | 40.14% |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 29.03% |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | -9.33% |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | 21.36% |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | 37.08% |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | 12.35% |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | 3.22% |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 38.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 40.14% |
| Jan 31, 2026 | 40.14% |
| Sep 30, 2025 | 39.10% |
| Jul 31, 2025 | 35.91% |
| Apr 30, 2025 | 32.87% |
| Jan 31, 2025 | 37.51% |
| Jul 31, 2024 | 22.17% |
| Apr 30, 2024 | 43.28% |
| Jan 31, 2024 | 34.73% |
| Jul 31, 2023 | 37.79% |
| Apr 30, 2023 | 36.64% |
| Jan 31, 2023 | 41.79% |
| Jul 31, 2022 | 39.17% |
| Apr 30, 2022 | 39.58% |
| Jan 31, 2022 | 41.38% |
| Sep 30, 2021 | 39.76% |
| Jul 31, 2021 | 45.25% |
| Apr 30, 2021 | 43.06% |
| Jan 31, 2021 | 40.00% |
| Jul 31, 2020 | 41.82% |