Descartes Systems Group Inc
TSX:DSG
Gross Margin
Descartes Systems Group Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CA |
|
Descartes Systems Group Inc
TSX:DSG
|
11.7B CAD |
76%
|
|
| US |
|
Ezenia! Inc
OTC:EZEN
|
567B USD |
62%
|
|
| DE |
|
SAP SE
XETRA:SAP
|
293B EUR |
74%
|
|
| US |
|
Palantir Technologies Inc
NYSE:PLTR
|
322B USD |
80%
|
|
| US |
|
Salesforce Inc
NYSE:CRM
|
250.1B USD |
77%
|
|
| US |
|
Intuit Inc
NASDAQ:INTU
|
212.4B USD |
79%
|
|
| US |
|
Adobe Inc
NASDAQ:ADBE
|
160.6B USD |
89%
|
|
| US |
N
|
NCR Corp
LSE:0K45
|
150.8B USD |
21%
|
|
| US |
|
Applovin Corp
NASDAQ:APP
|
109.9B USD |
78%
|
|
| US |
|
Microstrategy Inc
NASDAQ:MSTR
|
98.4B USD |
71%
|
|
| US |
|
Cadence Design Systems Inc
NASDAQ:CDNS
|
80.7B USD |
86%
|
Descartes Systems Group Inc
Glance View
Descartes Systems Group Inc. has carved a niche for itself in the logistics and supply chain management world by leveraging cutting-edge technology to streamline and optimize operations. Originating in the highly competitive realm of software solutions, Descartes has steadily built a robust suite of products that focus on improving the efficiency of logistics operations through its Global Logistics Network (GLN). This expansive network is a cornerstone of the company's offerings, which facilitate the seamless exchange of logistics data, thus enabling businesses to operate with improved transparency and agility. By connecting partners, customers, and suppliers across a myriad of industries, Descartes empowers businesses to manage and dynamically route cargo, ensure compliance with customs regulations, and automate intricate logistics operations. The company makes money primarily through subscription and transaction-based models. Clients pay for access to Descartes' sophisticated cloud-based platform, which provides real-time data and analytics essential for making strategic logistics decisions. This recurring revenue model is bolstered by the value-added services Descartes offers, like customs filing and regulatory compliance tools, which ensure the smooth transit of goods across borders. As global supply chains continue to grow in complexity, Descartes stands to benefit from increasingly globalized trade, ever-stricter compliance standards, and the rising demand for efficient distribution solutions. By continuously enhancing its platform with innovations in AI and machine learning, Descartes not only safeguards its existing revenue streams but also attracts new customers looking to capitalize on more efficient and cost-effective logistics solutions.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Descartes Systems Group Inc's most recent financial statements, the company has Gross Margin of 75.6%.
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