Descartes Systems (DSGX) Tax Rate (2009 - 2026)

Descartes Systems (DSGX) posted Tax Rate of 21.97% for Q1 2026, up 18.16% sequentially from 18.6% in Q4 2025, and down 121.0% YoY from 104.64% in Q1 2025.

Descartes Systems (DSGX) Tax Rate (2009 - 2026) Analysis & Trends

Descartes Systems has reported Tax Rate for 18 years, with the latest figure at 21.97% in Q1 2026.

  • Quarterly Tax Rate fell 121.0% year-over-year to 21.97% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 19.46% (down 604.0% YoY) and the FY2026 annual result came in at 19.46%, down 840.0% from the prior year.
  • Tax Rate grew to 21.97% in Q1 2026 per DSGX's latest filing, from 18.6% in the prior quarter.
  • Over five years, Tax Rate peaked at 31.82% in Q3 2023 and troughed at 11.46% in Q3 2025.
  • A 5-year average of 22.0% and a median of 23.19% in 2025 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2023 and 2025: Tax Rate surged 953 bps in 2023, then plunged 1229 bps in 2025.
  • Over 5 years, Tax Rate stood at 16.67% in 2022, then surged by 57 bps to 26.2% in 2023, then advanced by 13 bps to 29.6% in 2024, then slumped by 37 bps to 18.6% in 2025, then climbed by 18 bps to 21.97% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 21.97%, 18.6%, and 11.46% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -27.76%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 15.38%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 22.57%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 25.63%
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 31.96%
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 0.37%
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 22.20%
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 23.50%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 24.29%
10 Descartes Systems 6.64 Bn 6.28 Bn 149.50 Mn 21.97%

Historic Data

Download Data
DateValue
Jan 31, 2026 21.97%
Jan 31, 2026 21.97%
Jan 31, 2026 21.97%
Oct 31, 2025 18.60%
Oct 31, 2025 18.60%
Oct 31, 2025 18.60%
Jul 31, 2025 11.46%
Jul 31, 2025 11.46%
Jul 31, 2025 11.46%
Apr 30, 2025 25.56%
Apr 30, 2025 25.56%
Apr 30, 2025 25.56%
Jan 31, 2025 23.19%
Jan 31, 2025 23.19%
Jan 31, 2025 23.19%
Sep 30, 2024 29.60%
Sep 30, 2024 29.60%
Sep 30, 2024 29.60%
Jul 31, 2024 23.75%
Jul 31, 2024 23.75%