Descartes Systems (DSGX) Tax Rate (2009 - 2025)
Descartes Systems recorded quarterly Tax Rate of 23.18% in Q3 2025, down 17.88% quarter-over-quarter from 28.22% in Q3 2024, and down 505.0% year-over-year from 5.72% in Q3 2024.
Descartes Systems' Tax Rate history runs 14 years deep, the most recent figure standing at 23.18% for Q3 2025.
- In Q3 2025, Tax Rate fell 505.0% year-over-year to 23.18%; the TTM figure through Jul 2025 stood at 24.49% (up 357.0% YoY), while the FY2026 annual figure was 19.46%, down 577.0% from the prior year.
- Tax Rate came in at 23.18% for Q3 2025 at Descartes Systems, down from 28.22% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 28.22% in Q3 2024 to a low of 10.55% in Q3 2021.
- A 5-year average of 23.34% and a median of 26.97% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 1726 bps in 2022 and sank 505 bps in 2025, its largest moves.
- Descartes Systems' Tax Rate stood at 10.55% in 2021, then jumped by 164 bps to 27.81% in 2022, then fell by 3 bps to 26.97% in 2023, then rose by 5 bps to 28.22% in 2024, then retreated by 18 bps to 23.18% in 2025.
- According to Business Quant data, Tax Rate over the past three periods registered 23.18%, 28.22%, and 26.97% for Q3 2025, Q3 2024, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Descartes Systems | 6.12 Bn | 5.76 Bn | 149.50 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 31, 2025 | 23.18 |
| Jul 31, 2025 | 23.18 |
| Jul 31, 2024 | 28.22 |
| Jul 31, 2024 | 28.22 |
| Jul 31, 2023 | 26.97 |
| Jul 31, 2023 | 26.97 |
| Jul 31, 2022 | 27.81 |
| Jul 31, 2022 | 27.81 |
| Jul 31, 2021 | 10.55 |
| Jul 31, 2021 | 10.55 |
| Jan 31, 2019 | 1.65 |
| Jan 31, 2019 | 1.65 |
| Jan 31, 2018 | 0.69 |
| Jan 31, 2018 | 0.69 |
| Apr 30, 2016 | 23.95 |
| Apr 30, 2016 | 23.95 |
| Apr 30, 2015 | 29.49 |
| Apr 30, 2015 | 29.49 |
| Sep 30, 2013 | 34.04 |
| Sep 30, 2013 | 34.04 |
| Apr 30, 2013 | 41.61 |
| Apr 30, 2013 | 41.61 |
| Sep 30, 2012 | 38.64 |
| Sep 30, 2012 | 38.64 |
| Apr 30, 2012 | 40.60 |
| Apr 30, 2012 | 40.60 |
| Sep 30, 2011 | 38.46 |
| Sep 30, 2011 | 38.46 |
| Apr 30, 2011 | 40.05 |
| Apr 30, 2011 | 40.05 |
| Sep 30, 2010 | 64.29 |
| Sep 30, 2010 | 64.29 |
| Apr 30, 2010 | 77.35 |
| Apr 30, 2010 | 77.35 |
| Sep 30, 2009 | 14.81 |
| Sep 30, 2009 | 14.81 |