Descartes Systems (DSGX) Gross Margin (2009 - 2026)
Descartes Systems (DSGX) posted Gross Margin of 77.56% for Q1 2026, little changed sequentially from 77.37% in Q4 2025, and up 112.0% YoY from 36.58% in Q1 2025.
Descartes Systems (DSGX) Gross Margin (2009 - 2026) Analysis & Trends
Descartes Systems has reported Gross Margin for 18 years, with the latest figure at 77.56% in Q1 2026.
- Quarterly Gross Margin rose 112.0% year-over-year to 77.56% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 77.08% (up 96.0% YoY) and the FY2026 annual result came in at 77.08%, up 144.0% from the prior year.
- Gross Margin was little changed at 77.56% in Q1 2026 per DSGX's latest filing, from 77.37% in the prior quarter.
- Over five years, Gross Margin peaked at 77.56% in Q1 2026 and troughed at 75.19% in Q3 2024.
- A 5-year average of 76.43% and a median of 76.44% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin jumped 1680 bps in 2022, then sank 115 bps in 2024.
- Over 5 years, Gross Margin stood at 76.49% in 2022, then gained by 1 bps to 77.37% in 2023, then decreased by 1 bps to 76.3% in 2024, then advanced by 1 bps to 77.37% in 2025, then increased by 0 bps to 77.56% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 77.56%, 77.37%, and 76.87% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | Descartes Systems | 6.64 Bn | 6.28 Bn | 149.50 Mn | 77.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 77.56% |
| Oct 31, 2025 | 77.37% |
| Jul 31, 2025 | 76.87% |
| Apr 30, 2025 | 76.44% |
| Jan 31, 2025 | 76.44% |
| Sep 30, 2024 | 76.30% |
| Jul 31, 2024 | 75.19% |
| Apr 30, 2024 | 76.60% |
| Jan 31, 2024 | 75.64% |
| Sep 30, 2023 | 77.37% |
| Jul 31, 2023 | 75.61% |
| Apr 30, 2023 | 75.93% |
| Jan 31, 2023 | 76.78% |
| Sep 30, 2022 | 76.49% |
| Jul 31, 2022 | 76.49% |
| Apr 30, 2022 | 76.10% |
| Jan 31, 2022 | 76.08% |
| Sep 30, 2021 | 59.69% |
| Jul 31, 2021 | 75.64% |
| Apr 30, 2021 | 75.87% |