Descartes Systems (DSGX) Net Margin (2009 - 2026)
Descartes Systems (DSGX) posted Net Margin of 24.83% for Q1 2026, down 1.88% sequentially from 25.3% in Q4 2025, and up 248.0% YoY from 7.13% in Q1 2025.
Descartes Systems (DSGX) Net Margin (2009 - 2026) Analysis & Trends
Descartes Systems has reported Net Margin for 18 years, with the latest figure at 24.83% in Q1 2026.
- Quarterly Net Margin rose 248.0% year-over-year to 24.83% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 23.98% (up 283.0% YoY) and the FY2026 annual result came in at 23.98%, up 275.0% from the prior year.
- Net Margin fell to 24.83% in Q1 2026 per DSGX's latest filing, from 25.3% in the prior quarter.
- Over five years, Net Margin peaked at 25.3% in Q4 2025 and troughed at 16.93% in Q3 2024.
- A 5-year average of 21.63% and a median of 22.02% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2024: Net Margin surged 634 bps in 2022, then sank 463 bps in 2024.
- Over 5 years, Net Margin stood at 21.12% in 2022, then climbed by 2 bps to 21.56% in 2023, then fell by 21 bps to 16.93% in 2024, then jumped by 49 bps to 25.3% in 2025, then retreated by 2 bps to 24.83% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 24.83%, 25.3%, and 24.37% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 21.16% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 41.92% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 18.93% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 17.17% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 7.47% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -21.25% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 17.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 25.87% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 35.80% |
| 10 | Descartes Systems | 6.64 Bn | 6.28 Bn | 149.50 Mn | 24.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 24.83% |
| Oct 31, 2025 | 25.30% |
| Jul 31, 2025 | 24.37% |
| Apr 30, 2025 | 21.14% |
| Jan 31, 2025 | 22.34% |
| Sep 30, 2024 | 16.93% |
| Jul 31, 2024 | 22.54% |
| Apr 30, 2024 | 22.37% |
| Jan 31, 2024 | 19.62% |
| Sep 30, 2023 | 21.56% |
| Jul 31, 2023 | 18.30% |
| Apr 30, 2023 | 22.08% |
| Jan 31, 2023 | 23.52% |
| Sep 30, 2022 | 21.12% |
| Jul 31, 2022 | 19.69% |
| Apr 30, 2022 | 22.02% |
| Jan 31, 2022 | 20.05% |
| Sep 30, 2021 | 14.78% |
| Jul 31, 2021 | 20.25% |
| Apr 30, 2021 | 21.30% |