Descartes Systems (DSGX) Tax Rate (2009 - 2025)
Descartes Systems' (DSGX) quarterly Tax Rate came in at 23.18% in Q3 2025, down 505.0% year-over-year from 5.72% in Q3 2024, and down 17.88% quarter-over-quarter from 28.22% in Q3 2024.
Analysis
Descartes Systems (DSGX) Tax Rate (2009 - 2025) Analysis & Trends
Descartes Systems has disclosed Tax Rate across 14 years of filings, most recently posting 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 24.56%, down 67.0% 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.
- Average Tax Rate over 5 years is 23.34%, with a median of 26.97% recorded in 2023.
- Year-over-year, Tax Rate jumped 1726 bps in 2022 and sank 505 bps in 2025.
- Over 5 years, Tax Rate stood at 10.55% in 2021, then soared by 164 bps to 27.81% in 2022, then declined by 3 bps to 26.97% in 2023, then increased by 5 bps to 28.22% in 2024, then fell by 18 bps to 23.18% in 2025.
- Per Business Quant data, the three most recent Tax Rate figures were 23.18% in Q3 2025, 28.22% in Q3 2024, and 26.97% in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 9.03% |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 25.09% |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | - |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 34.06% |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | -1.03% |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | -25.59% |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | -20.47% |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | -14.10% |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | -19.94% |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 21.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2025 | 23.18% |
| Jul 31, 2024 | 28.22% |
| Jul 31, 2023 | 26.97% |
| Jul 31, 2022 | 27.81% |
| Jul 31, 2021 | 10.55% |
| Jan 31, 2019 | 1.65% |
| Jan 31, 2018 | 0.69% |
| Apr 30, 2016 | 23.95% |
| Apr 30, 2015 | 29.49% |
| Sep 30, 2013 | 34.04% |
| Apr 30, 2013 | 41.61% |
| Sep 30, 2012 | 38.64% |
| Apr 30, 2012 | 40.60% |
| Sep 30, 2011 | 38.46% |
| Apr 30, 2011 | 40.05% |
| Sep 30, 2010 | 64.29% |
| Apr 30, 2010 | 77.35% |
| Sep 30, 2009 | 14.81% |