Descartes Systems (DSGX) Net Margin (2009 - 2026)
Descartes Systems' Net Margin came in at 24.88% for the quarter ended Jul 31, 2026, up 3.73 percentage points from 21.14% a year earlier but down 0.16 percentage points from the prior quarter.
Descartes Systems (DSGX) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Descartes Systems reported Net Margin of 24.25%, up 2.61 percentage points year-over-year; for the year ended Jan 31, 2026, it came in at 22.46%, up 0.46 percentage points from the prior year.
- Net Margin carries a five-year change of +7.52 percentage points (years ended Jan 2021 to Jan 2026).
- Going back by year, Net Margin was 22.01% in the year ended Jan 31, 2025 (+1.78 pp), 20.23% in the year ended Jan 31, 2024 (-0.81 pp), 21.04% in the year ended Jan 31, 2023 (+0.72 pp) and 20.32% in the year ended Jan 31, 2022 (+5.37 pp).
- The five-year range for quarterly Net Margin is 17.08% (the quarter ended Jan 31, 2022) to 25.04% (the quarter ended Apr 30, 2026).
- Year-over-year, Net Margin has increased for four consecutive quarters, with an average year-over-year change of +1.38 percentage points over the last seven quarters.
- The fastest year-over-year change in Net Margin over five years came in the quarter ended Sep 30, 2021 (a gain of 11.73 percentage points), and the weakest in the quarter ended Jul 31, 2022 (a drop of 3.55 percentage points).
- Business Quant data shows DSGX's Net Margin at 25.04% (quarter ended Apr 30, 2026), 23.66% (quarter ended Jan 31, 2026) and 23.39% (quarter ended Oct 31, 2025) in the three quarters before the quarter ended Jul 31, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 29.47% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 3.19% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 8.07% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 19.80% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | -48.53% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 11.11% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 16.91% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 5.95% |
| 10 | Descartes Systems | 6.78 Bn | 5.37 Bn | 156.71 Mn | 24.88% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 24.88% |
| Apr 30, 2026 | 25.04% |
| Jan 31, 2026 | 23.66% |
| Oct 31, 2025 | 23.39% |
| Jul 31, 2025 | 21.14% |
| Apr 30, 2025 | 21.48% |
| Jan 31, 2025 | 22.31% |
| Oct 31, 2024 | 21.66% |
| Jul 31, 2024 | 21.22% |
| Apr 30, 2024 | 22.91% |
| Jan 31, 2024 | 21.48% |
| Sep 30, 2023 | 21.81% |
| Jul 31, 2023 | 19.61% |
| Apr 30, 2023 | 21.49% |
| Jan 31, 2023 | 23.77% |
| Sep 30, 2022 | 23.42% |
| Jul 31, 2022 | 18.62% |
| Apr 30, 2022 | 19.86% |
| Jan 31, 2022 | 17.08% |
| Sep 30, 2021 | 23.42% |
Descartes Systems Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=DSGX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "DSGX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=DSGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();