Descartes Systems (DSGX) FCF Margin (2009 - 2026)

Descartes Systems has disclosed FCF Margin across 18 years of filings, most recently posting 34.2% for Q1 2026.

• FCF Margin for Q1 2026 came in at 34.2%, up 474.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 35.74% (up 1164.0% YoY), and the FY2026 annual result 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.
• The 5-year median for FCF Margin is 37.22% (2023), against an average of 35.8%.
• Across the five-year window, FCF Margin sank 1562 bps in 2024 and surged 1374 bps in 2025, its largest moves.
• Descartes Systems' FCF Margin stood at 39.17% in 2022, then slipped by 4 bps to 37.79% in 2023, then slumped by 41 bps to 22.17% in 2024, then jumped by 79 bps to 39.72% in 2025, then fell by 14 bps to 34.2% in 2026.
• The last three FCF Margin figures came in at 34.2% (Q1 2026), 39.72% (Q4 2025), and 35.91% (Q3 2025), per Business Quant data.