Growth Metrics

Descartes Systems (DSGX) Net Margin (2009 - 2026)

Descartes Systems recorded quarterly Net Margin of 31.82% in Q1 2026, up 2.37% quarter-over-quarter from 31.08% in Q4 2025, and up 273.0% year-over-year from 8.53% in Q1 2025.

Descartes Systems' Net Margin history runs 18 years deep, the most recent figure standing at 31.82% for Q1 2026.

  • In Q1 2026, Net Margin rose 273.0% year-over-year to 31.82%; the TTM figure through Jan 2026 stood at 28.21% (up 199.0% YoY), while the FY2026 annual figure was 23.98%, up 198.0% from the prior year.
  • Net Margin came in at 31.82% for Q1 2026 at Descartes Systems, up from 31.08% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 31.82% in Q1 2026 to a low of 866.73% in Q1 2022.
  • A 5-year average of 26.29% and a median of 27.05% in 2024 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin jumped 89557 bps in 2023 and slumped 517 bps in 2024, its largest moves.
  • Descartes Systems' Net Margin stood at 25.34% in 2022, then gained by 15 bps to 29.22% in 2023, then slipped by 18 bps to 24.05% in 2024, then rose by 29 bps to 31.08% in 2025, then rose by 2 bps to 31.82% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 31.82%, 31.08%, and 21.14% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 20.22%
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 17.47%
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 2.29%
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -18.33%
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 12.44%
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 22.77%
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 29.52%
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 22.90%
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 35.80%
10 Descartes Systems 6.12 Bn 5.76 Bn 149.50 Mn 31.82%

Historic Data

Download Data 🔒
DateValue
Jan 31, 2026 31.82%
Oct 31, 2025 31.08%
Jul 31, 2025 21.14%
Apr 30, 2025 28.40%
Jan 31, 2025 29.09%
Sep 30, 2024 24.05%
Jul 31, 2024 21.22%
Apr 30, 2024 30.51%
Jan 31, 2024 27.05%
Sep 30, 2023 29.22%
Jul 31, 2023 19.61%
Apr 30, 2023 27.66%
Jan 31, 2023 28.84%
Sep 30, 2022 25.34%
Jul 31, 2022 18.62%
Apr 30, 2022 26.18%
Jan 31, 2022 -866.73%
Sep 30, 2021 21.14%
Jul 31, 2021 22.16%
Apr 30, 2021 23.46%
Jan 31, 2021 -952.19%
Sep 30, 2020 15.90%
Jul 31, 2020 17.58%
Apr 30, 2020 18.43%
Jan 31, 2020 -965.99%
Sep 30, 2019 14.57%
Jul 31, 2019 14.50%
Apr 30, 2019 12.67%
Jan 31, 2019 -1,657.85%
Sep 30, 2018 12.90%
Jul 31, 2018 14.51%
Apr 30, 2018 13.81%
Jan 31, 2018 -1,373.67%
Sep 30, 2017 14.95%
Jul 31, 2017 16.03%
Apr 30, 2017 16.67%
Jan 31, 2017 -800.06%
Sep 30, 2016 14.98%
Jul 31, 2016 15.47%
Apr 30, 2016 12.34%
Jan 31, 2016 14.27%
Sep 30, 2015 14.39%
Jul 31, 2015 15.41%
Apr 30, 2015 11.03%
Jan 31, 2015 10.73%
Sep 30, 2014 11.08%
Jul 31, 2014 12.45%
Apr 30, 2014 13.73%
Jan 31, 2014 12.49%
Sep 30, 2013 9.48%
Jul 31, 2013 8.43%
Apr 30, 2013 8.25%
Jan 31, 2013 12.49%
Sep 30, 2012 9.47%
Jul 31, 2012 12.58%
Apr 30, 2012 8.82%
Jan 31, 2012 10.82%
Sep 30, 2011 6.20%
Jul 31, 2011 14.71%
Apr 30, 2011 7.74%
Jan 31, 2011 9.50%
Sep 30, 2010 5.29%
Jul 31, 2010 7.43%
Apr 30, 2010 0.96%
Jan 31, 2010 -3.42%
Sep 30, 2009 13.53%
Jul 31, 2009 14.85%
Apr 30, 2009 10.28%
Jan 31, 2009 14.94%