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Side-by-side financial comparison of DESCARTES SYSTEMS GROUP INC (DSGX) and SEACOAST BANKING CORP OF FLORIDA (SBCF). Click either name above to swap in a different company.

SEACOAST BANKING CORP OF FLORIDA is the larger business by last-quarter revenue ($203.3M vs $179.8M, roughly 1.1× DESCARTES SYSTEMS GROUP INC).

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.

Seacoast Banking Corporation of Florida is a Florida-headquartered US financial holding company. It provides full consumer and commercial banking services including deposits, personal and business loans, wealth management and insurance, serving individuals, SMEs and local commercial entities mainly across Florida's regional markets.

DSGX vs SBCF — Head-to-Head

Bigger by revenue
SBCF
SBCF
1.1× larger
SBCF
$203.3M
$179.8M
DSGX

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
DSGX
DSGX
SBCF
SBCF
Revenue
$179.8M
$203.3M
Net Profit
$38.0M
Gross Margin
76.9%
Operating Margin
26.8%
21.4%
Net Margin
21.1%
Revenue YoY
53.0%
Net Profit YoY
EPS (diluted)
$0.43
$0.28

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
SBCF
SBCF
Q4 25
$203.3M
Q3 25
$179.8M
$157.3M
Q2 25
$151.4M
Q1 25
$140.7M
Q4 24
$132.9M
Q3 24
$163.4M
$130.3M
Q2 24
$126.6M
Q1 24
$125.6M
Net Profit
DSGX
DSGX
SBCF
SBCF
Q4 25
Q3 25
$38.0M
$36.5M
Q2 25
$42.7M
Q1 25
$31.5M
Q4 24
Q3 24
$34.7M
$30.7M
Q2 24
$30.2M
Q1 24
$26.0M
Gross Margin
DSGX
DSGX
SBCF
SBCF
Q4 25
Q3 25
76.9%
Q2 25
Q1 25
Q4 24
Q3 24
75.2%
Q2 24
Q1 24
Operating Margin
DSGX
DSGX
SBCF
SBCF
Q4 25
21.4%
Q3 25
26.8%
29.8%
Q2 25
36.5%
Q1 25
29.0%
Q4 24
32.8%
Q3 24
28.1%
30.1%
Q2 24
30.9%
Q1 24
26.9%
Net Margin
DSGX
DSGX
SBCF
SBCF
Q4 25
Q3 25
21.1%
23.2%
Q2 25
28.2%
Q1 25
22.4%
Q4 24
Q3 24
21.2%
23.5%
Q2 24
23.9%
Q1 24
20.7%
EPS (diluted)
DSGX
DSGX
SBCF
SBCF
Q4 25
$0.28
Q3 25
$0.43
$0.42
Q2 25
$0.50
Q1 25
$0.37
Q4 24
$0.39
Q3 24
$0.40
$0.36
Q2 24
$0.36
Q1 24
$0.31

Balance Sheet & Financial Strength

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

Metric
DSGX
DSGX
SBCF
SBCF
Cash + ST InvestmentsLiquidity on hand
$240.6M
$388.5M
Total DebtLower is stronger
$112.8M
Stockholders' EquityBook value
$1.5B
$2.7B
Total Assets
$1.8B
$20.8B
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DSGX
DSGX
SBCF
SBCF
Q4 25
$388.5M
Q3 25
$240.6M
$306.0M
Q2 25
$332.4M
Q1 25
$500.6M
Q4 24
$476.6M
Q3 24
$252.7M
$637.1M
Q2 24
$749.5M
Q1 24
$682.7M
Total Debt
DSGX
DSGX
SBCF
SBCF
Q4 25
$112.8M
Q3 25
$107.5M
Q2 25
$107.3M
Q1 25
$107.1M
Q4 24
$107.0M
Q3 24
$106.8M
Q2 24
$106.6M
Q1 24
$106.5M
Stockholders' Equity
DSGX
DSGX
SBCF
SBCF
Q4 25
$2.7B
Q3 25
$1.5B
$2.4B
Q2 25
$2.3B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$1.3B
$2.2B
Q2 24
$2.1B
Q1 24
$2.1B
Total Assets
DSGX
DSGX
SBCF
SBCF
Q4 25
$20.8B
Q3 25
$1.8B
$16.7B
Q2 25
$15.9B
Q1 25
$15.7B
Q4 24
$15.2B
Q3 24
$1.6B
$15.2B
Q2 24
$15.0B
Q1 24
$14.8B
Debt / Equity
DSGX
DSGX
SBCF
SBCF
Q4 25
0.04×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.05×
Q3 24
0.05×
Q2 24
0.05×
Q1 24
0.05×

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
SBCF
SBCF
Operating Cash FlowLast quarter
$63.3M
$188.1M
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
SBCF
SBCF
Q4 25
$188.1M
Q3 25
$63.3M
$30.2M
Q2 25
$72.3M
Q1 25
$31.0M
Q4 24
$179.9M
Q3 24
$34.7M
$53.4M
Q2 24
$56.9M
Q1 24
$24.7M
Free Cash Flow
DSGX
DSGX
SBCF
SBCF
Q4 25
Q3 25
$62.1M
Q2 25
Q1 25
Q4 24
Q3 24
$33.1M
Q2 24
Q1 24
FCF Margin
DSGX
DSGX
SBCF
SBCF
Q4 25
Q3 25
34.5%
Q2 25
Q1 25
Q4 24
Q3 24
20.2%
Q2 24
Q1 24
Capex Intensity
DSGX
DSGX
SBCF
SBCF
Q4 25
Q3 25
0.7%
Q2 25
Q1 25
Q4 24
Q3 24
1.0%
Q2 24
Q1 24
Cash Conversion
DSGX
DSGX
SBCF
SBCF
Q4 25
Q3 25
1.67×
0.83×
Q2 25
1.69×
Q1 25
0.99×
Q4 24
Q3 24
1.00×
1.74×
Q2 24
1.88×
Q1 24
0.95×

Financial Flow Comparison

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

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