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
DateValue
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%