Descartes Systems (DSGX) FCF Margin (2009 - 2026)
Descartes Systems (DSGX) posted FCF Margin of 34.2% for Q1 2026, down 13.91% sequentially from 39.72% in Q4 2025, and up 474.0% YoY from 5.96% in Q1 2025.
Descartes Systems (DSGX) FCF Margin (2009 - 2026) Analysis & Trends
Descartes Systems has reported FCF Margin for 18 years, with the latest figure at 34.2% in Q1 2026.
- Quarterly FCF Margin rose 474.0% year-over-year to 34.2% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 35.74% (up 1164.0% YoY) and the FY2026 annual result came in at 35.74%, up 309.0% from the prior year.
- FCF Margin slipped to 34.2% in Q1 2026 per DSGX's latest filing, from 39.72% in the prior quarter.
- Over five years, FCF Margin peaked at 43.28% in Q2 2024 and troughed at 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.
- The sharpest annual moves came in 2024 and 2025: FCF Margin sank 1562 bps in 2024, then jumped 1374 bps in 2025.
- Over 5 years, FCF Margin stood at 39.17% in 2022, then declined by 4 bps to 37.79% in 2023, then slumped by 41 bps to 22.17% in 2024, then soared by 79 bps to 39.72% in 2025, then decreased 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 36.13% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 18.25% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 58.89% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 19.67% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 11.86% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 16.73% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 24.76% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 31.84% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 61.18% |
| 10 | Descartes Systems | 6.64 Bn | 6.28 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% |