Descartes Systems (DSGX) FCF Margin (2009 - 2026)
Descartes Systems recorded quarterly FCF Margin of 34.2% in Q1 2026, down 13.91% quarter-over-quarter from 39.72% in Q4 2025, and up 474.0% year-over-year from 5.96% in Q1 2025.
Descartes Systems' FCF Margin history runs 18 years deep, the most recent figure standing at 34.2% for Q1 2026.
- In Q1 2026, FCF Margin rose 474.0% year-over-year to 34.2%; the TTM figure through Jan 2026 stood at 35.74% (up 1164.0% YoY), while the FY2026 annual figure was 35.74%, up 309.0% from the prior year.
- FCF Margin came in at 34.2% for Q1 2026 at Descartes Systems, down from 39.72% 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.
- A 5-year average of 35.8% and a median of 37.22% in 2023 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin plunged 1562 bps in 2024 and soared 1374 bps in 2025, its largest moves.
- Descartes Systems' FCF Margin stood at 39.17% in 2022, then dropped by 4 bps to 37.79% in 2023, then sank by 41 bps to 22.17% in 2024, then surged by 79 bps to 39.72% in 2025, then retreated by 14 bps to 34.2% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 34.2%, 39.72%, and 35.91% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 36.77% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 47.52% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 15.02% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 41.64% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 20.82% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 45.65% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 36.83% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 61.18% |
| 10 | Descartes Systems | 6.12 Bn | 5.76 Bn | 149.50 Mn | 34.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 34.20% |
| Oct 31, 2025 | 39.72% |
| Jul 31, 2025 | 35.91% |
| Apr 30, 2025 | 32.87% |
| Jan 31, 2025 | 29.46% |
| Jul 31, 2024 | 22.17% |
| Apr 30, 2024 | 43.28% |
| Jan 31, 2024 | 27.23% |
| 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% |
| Jul 31, 2021 | 45.25% |
| Apr 30, 2021 | 43.06% |
| Jan 31, 2021 | 40.00% |
| Jul 31, 2020 | 41.82% |
| Apr 30, 2020 | 34.11% |
| Jan 31, 2020 | 20.88% |
| Jul 31, 2019 | 34.66% |
| Apr 30, 2019 | 31.84% |
| Jan 31, 2019 | 43.29% |
| Jul 31, 2018 | 28.64% |
| Apr 30, 2018 | 29.57% |
| Jan 31, 2018 | 30.76% |
| Jul 31, 2017 | 31.39% |
| Apr 30, 2017 | 31.65% |
| Jan 31, 2017 | 20.13% |
| Jul 31, 2016 | 36.30% |
| Apr 30, 2016 | 35.08% |
| Jan 31, 2016 | 42.79% |
| Jul 31, 2015 | 31.21% |
| Apr 30, 2015 | 28.78% |
| Jan 31, 2015 | 32.81% |
| Jul 31, 2014 | 39.22% |
| Apr 30, 2014 | 21.82% |
| Jan 31, 2014 | 31.88% |
| Jul 31, 2013 | 29.30% |
| Apr 30, 2013 | 28.14% |
| Jan 31, 2013 | 41.82% |
| Jul 31, 2012 | 21.50% |
| Apr 30, 2012 | 14.57% |
| Jan 31, 2012 | 25.26% |
| Jul 31, 2011 | 15.85% |
| Apr 30, 2011 | 19.62% |
| Jan 31, 2011 | 27.03% |
| Jul 31, 2010 | 23.81% |
| Apr 30, 2010 | 9.67% |
| Jan 31, 2010 | 24.09% |
| Jul 31, 2009 | 23.36% |
| Apr 30, 2009 | 25.29% |
| Jan 31, 2009 | 30.47% |