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Side-by-side financial comparison of DESCARTES SYSTEMS GROUP INC (DSGX) and Simply Good Foods Co (SMPL). Click either name above to swap in a different company.
Simply Good Foods Co is the larger business by last-quarter revenue ($340.2M vs $179.8M, roughly 1.9× DESCARTES SYSTEMS GROUP INC). DESCARTES SYSTEMS GROUP INC runs the higher net margin — 21.1% vs 7.4%, a 13.7% gap on every dollar of revenue. DESCARTES SYSTEMS GROUP INC produced more free cash flow last quarter ($62.1M vs $48.0M).
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.
Whole Foods Market, Inc. is an American multinational supermarket chain headquartered in Austin, Texas, owned wholly by Amazon, and which generally sells whole food products free from hydrogenated fats and artificial colors, flavors, and preservatives. A USDA Certified Organic grocer in the United States, the chain is popularly known for its organic selections.
DSGX vs SMPL — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $179.8M | $340.2M |
| Net Profit | $38.0M | $25.3M |
| Gross Margin | 76.9% | 32.3% |
| Operating Margin | 26.8% | 11.0% |
| Net Margin | 21.1% | 7.4% |
| Revenue YoY | — | -0.3% |
| Net Profit YoY | — | -33.7% |
| EPS (diluted) | $0.43 | $0.26 |
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.
| Q4 25 | — | $340.2M | ||
| Q3 25 | $179.8M | — | ||
| Q2 25 | — | $381.0M | ||
| Q4 24 | — | $341.3M | ||
| Q3 24 | $163.4M | $375.7M | ||
| Q2 24 | — | $334.8M | ||
| Q1 24 | — | $312.2M | ||
| Q4 23 | — | $308.7M |
| Q4 25 | — | $25.3M | ||
| Q3 25 | $38.0M | — | ||
| Q2 25 | — | $41.1M | ||
| Q4 24 | — | $38.1M | ||
| Q3 24 | $34.7M | $29.3M | ||
| Q2 24 | — | $41.3M | ||
| Q1 24 | — | $33.1M | ||
| Q4 23 | — | $35.6M |
| Q4 25 | — | 32.3% | ||
| Q3 25 | 76.9% | — | ||
| Q2 25 | — | 36.4% | ||
| Q4 24 | — | 38.2% | ||
| Q3 24 | 75.2% | 38.8% | ||
| Q2 24 | — | 39.9% | ||
| Q1 24 | — | 37.4% | ||
| Q4 23 | — | 37.3% |
| Q4 25 | — | 11.0% | ||
| Q3 25 | 26.8% | — | ||
| Q2 25 | — | 15.6% | ||
| Q4 24 | — | 16.0% | ||
| Q3 24 | 28.1% | 12.7% | ||
| Q2 24 | — | 17.6% | ||
| Q1 24 | — | 15.4% | ||
| Q4 23 | — | 16.8% |
| Q4 25 | — | 7.4% | ||
| Q3 25 | 21.1% | — | ||
| Q2 25 | — | 10.8% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | 21.2% | 7.8% | ||
| Q2 24 | — | 12.3% | ||
| Q1 24 | — | 10.6% | ||
| Q4 23 | — | 11.5% |
| Q4 25 | — | $0.26 | ||
| Q3 25 | $0.43 | — | ||
| Q2 25 | — | $0.40 | ||
| Q4 24 | — | $0.38 | ||
| Q3 24 | $0.40 | $0.29 | ||
| Q2 24 | — | $0.41 | ||
| Q1 24 | — | $0.33 | ||
| Q4 23 | — | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $240.6M | $194.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | $1.7B |
| Total Assets | $1.8B | $2.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $194.1M | ||
| Q3 25 | $240.6M | — | ||
| Q2 25 | — | $98.0M | ||
| Q4 24 | — | $121.8M | ||
| Q3 24 | $252.7M | $132.5M | ||
| Q2 24 | — | $208.7M | ||
| Q1 24 | — | $135.9M | ||
| Q4 23 | — | $121.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $397.5M | ||
| Q2 24 | — | $237.7M | ||
| Q1 24 | — | $237.7M | ||
| Q4 23 | — | $272.1M |
| Q4 25 | — | $1.7B | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | — | $1.8B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $1.3B | $1.7B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | — | $1.6B | ||
| Q4 23 | — | $1.6B |
| Q4 25 | — | $2.5B | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | — | $2.4B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | $1.6B | $2.4B | ||
| Q2 24 | — | $2.2B | ||
| Q1 24 | — | $2.1B | ||
| Q4 23 | — | $2.1B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.23× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.14× | ||
| Q4 23 | — | 0.17× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $63.3M | $50.1M |
| Free Cash FlowOCF − Capex | $62.1M | $48.0M |
| FCF MarginFCF / Revenue | 34.5% | 14.1% |
| Capex IntensityCapex / Revenue | 0.7% | 0.6% |
| Cash ConversionOCF / Net Profit | 1.67× | 1.98× |
| TTM Free Cash FlowTrailing 4 quarters | $189.6M | $223.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $50.1M | ||
| Q3 25 | $63.3M | — | ||
| Q2 25 | — | $101.1M | ||
| Q4 24 | — | $32.0M | ||
| Q3 24 | $34.7M | $48.9M | ||
| Q2 24 | — | $72.8M | ||
| Q1 24 | — | $46.5M | ||
| Q4 23 | — | $47.5M |
| Q4 25 | — | $48.0M | ||
| Q3 25 | $62.1M | — | ||
| Q2 25 | — | $98.9M | ||
| Q4 24 | — | $31.7M | ||
| Q3 24 | $33.1M | $45.0M | ||
| Q2 24 | — | $72.0M | ||
| Q1 24 | — | $46.1M | ||
| Q4 23 | — | $46.8M |
| Q4 25 | — | 14.1% | ||
| Q3 25 | 34.5% | — | ||
| Q2 25 | — | 25.9% | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | 20.2% | 12.0% | ||
| Q2 24 | — | 21.5% | ||
| Q1 24 | — | 14.8% | ||
| Q4 23 | — | 15.2% |
| Q4 25 | — | 0.6% | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | — | 0.6% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | 1.0% | 1.0% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.1% | ||
| Q4 23 | — | 0.2% |
| Q4 25 | — | 1.98× | ||
| Q3 25 | 1.67× | — | ||
| Q2 25 | — | 2.46× | ||
| Q4 24 | — | 0.84× | ||
| Q3 24 | 1.00× | 1.67× | ||
| Q2 24 | — | 1.76× | ||
| Q1 24 | — | 1.40× | ||
| Q4 23 | — | 1.34× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DSGX
Segment breakdown not available.
SMPL
| Quest | $211.4M | 62% |
| Atkins Domain | $79.7M | 23% |
| OWYN | $28.1M | 8% |
| Other | $20.9M | 6% |