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

Descartes Systems has disclosed Operating Margin across 18 years of filings, most recently posting 32.3% for Q2 2026.

• In Q2 2026, Operating Margin rose 492.0% year-over-year to 32.3%; the TTM figure through Apr 2026 stood at 30.02% (up 340.0% YoY), while the FY2026 annual figure was 28.8%, up 98.0% from the prior year.
• Operating Margin came in at 32.3% for Q2 2026 at Descartes Systems, up from 30.61% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 32.3% in Q2 2026 to a low of 22.39% in Q3 2024.
• Average Operating Margin over 5 years is 27.08%, with a median of 26.82% recorded in 2023.
• Year-over-year, Operating Margin slumped 625 bps in 2024 and soared 776 bps in 2025.
• Over 5 years, Operating Margin stood at 25.53% in 2022, then advanced by 12 bps to 28.64% in 2023, then dropped by 22 bps to 22.39% in 2024, then surged by 35 bps to 30.15% in 2025, then gained by 7 bps to 32.3% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 32.3% in Q2 2026, 30.61% in Q1 2026, and 30.15% in Q3 2025.