vs

Side-by-side financial comparison of DESCARTES SYSTEMS GROUP INC (DSGX) and FIRST FINANCIAL BANCORP (FFBC). Click either name above to swap in a different company.

FIRST FINANCIAL BANCORP is the larger business by last-quarter revenue ($271.5M vs $179.8M, roughly 1.5× DESCARTES SYSTEMS GROUP INC). FIRST FINANCIAL BANCORP runs the higher net margin — 27.4% vs 21.1%, a 6.3% gap on every dollar of revenue.

The Descartes Systems Group Inc. is a Canadian multinational technology company specializing in logistics software, supply chain management software, and cloud-based services for logistics businesses.

First Financial Bancorp is a regional bank headquartered in Cincinnati, Ohio, with its operations centers in the northern Cincinnati suburb of Springdale, and Greensburg, Indiana. Founded in 1863, First Financial has the sixth oldest national bank charter and has 131 locations throughout Ohio, Indiana, Kentucky, and Illinois. First Financial acquired Irwin Financial Corp and its subsidiaries through a government assisted transaction on September 18, 2009.

DSGX vs FFBC — Head-to-Head

Bigger by revenue
FFBC
FFBC
1.5× larger
FFBC
$271.5M
$179.8M
DSGX
Higher net margin
FFBC
FFBC
6.3% more per $
FFBC
27.4%
21.1%
DSGX

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
DSGX
DSGX
FFBC
FFBC
Revenue
$179.8M
$271.5M
Net Profit
$38.0M
$74.4M
Gross Margin
76.9%
Operating Margin
26.8%
Net Margin
21.1%
27.4%
Revenue YoY
Net Profit YoY
19.3%
EPS (diluted)
$0.43
$0.71

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DSGX
DSGX
FFBC
FFBC
Q1 26
$271.5M
Q4 25
$238.8M
Q3 25
$179.8M
$234.0M
Q2 25
$226.3M
Q1 25
$200.4M
Q4 24
$224.3M
Q3 24
$163.4M
$201.3M
Q2 24
$214.8M
Net Profit
DSGX
DSGX
FFBC
FFBC
Q1 26
$74.4M
Q4 25
Q3 25
$38.0M
$71.9M
Q2 25
$70.0M
Q1 25
$51.3M
Q4 24
Q3 24
$34.7M
$52.5M
Q2 24
$60.8M
Gross Margin
DSGX
DSGX
FFBC
FFBC
Q1 26
Q4 25
Q3 25
76.9%
Q2 25
Q1 25
Q4 24
Q3 24
75.2%
Q2 24
Operating Margin
DSGX
DSGX
FFBC
FFBC
Q1 26
Q4 25
Q3 25
26.8%
38.7%
Q2 25
38.8%
Q1 25
31.7%
Q4 24
Q3 24
28.1%
32.2%
Q2 24
34.8%
Net Margin
DSGX
DSGX
FFBC
FFBC
Q1 26
27.4%
Q4 25
Q3 25
21.1%
30.7%
Q2 25
30.9%
Q1 25
25.6%
Q4 24
Q3 24
21.2%
26.1%
Q2 24
28.3%
EPS (diluted)
DSGX
DSGX
FFBC
FFBC
Q1 26
$0.71
Q4 25
$0.64
Q3 25
$0.43
$0.75
Q2 25
$0.73
Q1 25
$0.54
Q4 24
$0.68
Q3 24
$0.40
$0.55
Q2 24
$0.64

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DSGX
DSGX
FFBC
FFBC
Cash + ST InvestmentsLiquidity on hand
$240.6M
Total DebtLower is stronger
$13.1M
Stockholders' EquityBook value
$1.5B
$2.9B
Total Assets
$1.8B
$22.5B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DSGX
DSGX
FFBC
FFBC
Q1 26
Q4 25
Q3 25
$240.6M
Q2 25
Q1 25
Q4 24
Q3 24
$252.7M
Q2 24
Total Debt
DSGX
DSGX
FFBC
FFBC
Q1 26
$13.1M
Q4 25
$514.1M
Q3 25
$221.8M
Q2 25
$345.0M
Q1 25
$345.9M
Q4 24
$347.5M
Q3 24
$344.1M
Q2 24
$338.6M
Stockholders' Equity
DSGX
DSGX
FFBC
FFBC
Q1 26
$2.9B
Q4 25
$2.8B
Q3 25
$1.5B
$2.6B
Q2 25
$2.6B
Q1 25
$2.5B
Q4 24
$2.4B
Q3 24
$1.3B
$2.5B
Q2 24
$2.3B
Total Assets
DSGX
DSGX
FFBC
FFBC
Q1 26
$22.5B
Q4 25
$21.1B
Q3 25
$1.8B
$18.6B
Q2 25
$18.6B
Q1 25
$18.5B
Q4 24
$18.6B
Q3 24
$1.6B
$18.1B
Q2 24
$18.2B
Debt / Equity
DSGX
DSGX
FFBC
FFBC
Q1 26
0.00×
Q4 25
0.19×
Q3 25
0.08×
Q2 25
0.13×
Q1 25
0.14×
Q4 24
0.14×
Q3 24
0.14×
Q2 24
0.15×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DSGX
DSGX
FFBC
FFBC
Operating Cash FlowLast quarter
$63.3M
Free Cash FlowOCF − Capex
$62.1M
FCF MarginFCF / Revenue
34.5%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
1.67×
TTM Free Cash FlowTrailing 4 quarters
$189.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DSGX
DSGX
FFBC
FFBC
Q1 26
Q4 25
$337.9M
Q3 25
$63.3M
$89.8M
Q2 25
$69.8M
Q1 25
$56.1M
Q4 24
$262.2M
Q3 24
$34.7M
$88.1M
Q2 24
$68.1M
Free Cash Flow
DSGX
DSGX
FFBC
FFBC
Q1 26
Q4 25
$317.1M
Q3 25
$62.1M
$85.8M
Q2 25
$64.8M
Q1 25
$52.4M
Q4 24
$241.1M
Q3 24
$33.1M
$84.4M
Q2 24
$64.8M
FCF Margin
DSGX
DSGX
FFBC
FFBC
Q1 26
Q4 25
132.8%
Q3 25
34.5%
36.7%
Q2 25
28.6%
Q1 25
26.1%
Q4 24
107.5%
Q3 24
20.2%
42.0%
Q2 24
30.2%
Capex Intensity
DSGX
DSGX
FFBC
FFBC
Q1 26
Q4 25
8.7%
Q3 25
0.7%
1.7%
Q2 25
2.2%
Q1 25
1.9%
Q4 24
9.4%
Q3 24
1.0%
1.8%
Q2 24
1.5%
Cash Conversion
DSGX
DSGX
FFBC
FFBC
Q1 26
Q4 25
Q3 25
1.67×
1.25×
Q2 25
1.00×
Q1 25
1.09×
Q4 24
Q3 24
1.00×
1.68×
Q2 24
1.12×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DSGX
DSGX

Segment breakdown not available.

FFBC
FFBC

Net Interest Income$189.6M70%
Noninterest Income$81.9M30%

Related Comparisons