Descartes Systems (DSGX) FCF Margin (2009 - 2026)
Descartes Systems (DSGX) reported FCF Margin of 34.2% for Q1 2026, up 474.0% on a YoY basis from 5.96% in Q1 2025, and down 13.91% sequentially from 39.72% in Q4 2025.
Descartes Systems (DSGX) FCF Margin (2009 - 2026) Analysis & Trends
Descartes Systems (DSGX) has 18 years of FCF Margin data on file, last reported at 34.2% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 474.0% year-over-year to 34.2%; the trailing twelve-month figure through Jan 2026 stood at 35.74% (up 1164.0% YoY), and the FY2026 full-year result was 35.74%, up 309.0% from the prior year.
- FCF Margin slipped to 34.2% in Q1 2026, 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 tumbled 1562 bps in 2024 and surged 1374 bps in 2025, its largest moves.
- Tracing DSGX's FCF Margin over 5 years: stood at 39.17% in 2022, then decreased by 4 bps to 37.79% in 2023, then tumbled by 41 bps to 22.17% in 2024, then soared by 79 bps to 39.72% in 2025, then declined by 14 bps to 34.2% in 2026.
- Business Quant data shows DSGX's FCF Margin at 34.2% in Q1 2026, 39.72% in Q4 2025, and 35.91% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 39.26% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 15.02% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 17.31% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 58.89% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 11.86% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 36.83% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 16.73% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 20.82% |
| 10 | Descartes Systems | 5.64 Bn | 5.28 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% |
| 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% |
| Apr 30, 2020 | 34.11% |