Descartes Systems (DSGX) Net Margin (2009 - 2026)
Descartes Systems' (DSGX) quarterly Net Margin came in at 24.83% in Q1 2026, up 248.0% year-on-year from 7.13% in Q1 2025, and down 1.88% quarter-over-quarter from 25.3% in Q4 2025.
Descartes Systems (DSGX) Net Margin (2009 - 2026) Analysis & Trends
Descartes Systems has disclosed Net Margin across 18 years of filings, most recently posting 24.83% for Q1 2026.
- Net Margin for Q1 2026 came in at 24.83%, up 248.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 23.19% (up 238.0% YoY), and the FY2026 annual result was 23.98%, up 275.0% from the prior year.
- Net Margin came in at 24.83% for Q1 2026 at Descartes Systems, down from 25.3% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 25.3% in Q4 2025 to a low of 16.93% in Q3 2024.
- The 5-year median for Net Margin is 21.14% (2025), against an average of 21.21%.
- Across the five-year window, Net Margin soared 634 bps in 2022 and sank 463 bps in 2024, its largest moves.
- Descartes Systems' Net Margin stood at 21.12% in 2022, then gained by 2 bps to 21.56% in 2023, then dropped by 21 bps to 16.93% in 2024, then surged by 49 bps to 25.3% in 2025, then declined by 2 bps to 24.83% in 2026.
- The last three Net Margin figures came in at 24.83% (Q1 2026), 25.3% (Q4 2025), and 21.14% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.33% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 18.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 22.77% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.44% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 22.90% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 25.87% |
| 10 | Descartes Systems | 136.51 | -366.29 Mn | 149.50 Mn | 24.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 24.83% |
| Oct 31, 2025 | 25.30% |
| Jul 31, 2025 | 21.14% |
| 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 | 19.62% |
| Sep 30, 2023 | 21.56% |
| Jul 31, 2023 | 18.30% |
| Apr 30, 2023 | 22.08% |
| Jan 31, 2023 | 20.92% |
| 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% |