Descartes Systems (DSGX) FCF Margin (2009 - 2026)
Descartes Systems' FCF Margin came in at 41.40% for the quarter ended Jul 31, 2026, up 5.48 percentage points from 35.91% a year earlier and up 1.25 percentage points from the prior quarter.
Descartes Systems (DSGX) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Descartes Systems reported FCF Margin of 40.37%, up 4.69 percentage points year-over-year; for the year ended Jan 31, 2026, it came in at 37.31%, up 2.59 percentage points from the prior year.
- FCF Margin carries a five-year change of -1.41 percentage points (years ended Jan 2021 to Jan 2026).
- Going back by year, FCF Margin was 34.72% in the year ended Jan 31, 2025 (-2.50 pp), 37.22% in the year ended Jan 31, 2024 (-3.62 pp), 40.84% in the year ended Jan 31, 2023 (-1.78 pp) and 42.61% in the year ended Jan 31, 2022 (+3.90 pp).
- The figure for the quarter ended Jul 31, 2026 represents the highest quarterly FCF Margin since the quarter ended Apr 30, 2024.
- Year-over-year, FCF Margin has increased for five consecutive quarters, with an average year-over-year change of +3.54 percentage points over the last seven quarters.
- The fastest year-over-year change in FCF Margin over five years came in the quarter ended Jul 31, 2025 (a gain of 13.74 percentage points), and the weakest in the quarter ended Jul 31, 2024 (a drop of 15.62 percentage points).
- Business Quant data shows DSGX's FCF Margin at 40.14% (quarter ended Apr 30, 2026), 40.14% (quarter ended Jan 31, 2026) and 39.72% (quarter ended Oct 31, 2025) in the three quarters before the quarter ended Jul 31, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 25.72% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 12.73% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 6.81% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 41.55% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 23.99% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 27.26% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 30.11% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 8.32% |
| 10 | Descartes Systems | 6.78 Bn | 5.37 Bn | 156.71 Mn | 41.40% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 41.40% |
| Apr 30, 2026 | 40.14% |
| Jan 31, 2026 | 40.14% |
| Oct 31, 2025 | 39.72% |
| Jul 31, 2025 | 35.91% |
| Apr 30, 2025 | 32.87% |
| Jan 31, 2025 | 37.51% |
| Oct 31, 2024 | 36.42% |
| 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% |
Descartes Systems FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=DSGX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "DSGX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=DSGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();