Descartes Systems (DSGX) Net Margin (2009 - 2026)
Descartes Systems (DSGX) reported Net Margin of 31.98% for Q1 2026, up 963.0% on a YoY basis from 3.01% in Q1 2025, and up 54.21% sequentially from 20.74% in Q4 2025.
Descartes Systems (DSGX) Net Margin (2009 - 2026) Analysis & Trends
Descartes Systems (DSGX) has 18 years of Net Margin data on file, last reported at 31.98% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 963.0% year-over-year to 31.98%; the trailing twelve-month figure through Jan 2026 stood at 23.81% (up 300.0% YoY), and the FY2026 full-year result was 23.98%, up 275.0% from the prior year.
- Net Margin advanced to 31.98% in Q1 2026, from 20.74% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 31.98% in Q1 2026 to a low of 14.67% in Q1 2022.
- A 5-year average of 21.0% and a median of 21.14% in 2025 frame the typical range for Net Margin.
- Across the five-year window, Net Margin slumped 669 bps in 2022 and soared 1189 bps in 2024, its largest moves.
- Tracing DSGX's Net Margin over 5 years: stood at 21.12% in 2022, then rose by 2 bps to 21.56% in 2023, then slipped by 21 bps to 16.93% in 2024, then advanced by 22 bps to 20.74% in 2025, then surged by 54 bps to 31.98% in 2026.
- Business Quant data shows DSGX's Net Margin at 31.98% in Q1 2026, 20.74% in Q4 2025, and 20.77% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -18.33% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.29% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 18.93% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 7.47% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 22.90% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -21.25% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 22.77% |
| 10 | Descartes Systems | 5.64 Bn | 5.28 Bn | 149.50 Mn | 31.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 31.98% |
| Oct 31, 2025 | 20.74% |
| Jul 31, 2025 | 20.77% |
| Apr 30, 2025 | 21.14% |
| Jan 31, 2025 | 22.34% |
| Sep 30, 2024 | 16.93% |
| Jul 31, 2024 | 21.22% |
| Apr 30, 2024 | 22.37% |
| Jan 31, 2024 | 26.91% |
| Sep 30, 2023 | 21.56% |
| Jul 31, 2023 | 16.84% |
| Apr 30, 2023 | 21.64% |
| Jan 31, 2023 | 15.01% |
| Sep 30, 2022 | 21.12% |
| Jul 31, 2022 | 19.69% |
| Apr 30, 2022 | 22.02% |
| Jan 31, 2022 | 14.67% |
| Sep 30, 2021 | 14.78% |
| Jul 31, 2021 | 20.25% |
| Apr 30, 2021 | 20.24% |