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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

Bigger by revenue
SMPL
SMPL
1.9× larger
SMPL
$340.2M
$179.8M
DSGX
Higher net margin
DSGX
DSGX
13.7% more per $
DSGX
21.1%
7.4%
SMPL
More free cash flow
DSGX
DSGX
$14.1M more FCF
DSGX
$62.1M
$48.0M
SMPL

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
DSGX
DSGX
SMPL
SMPL
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.

Revenue
DSGX
DSGX
SMPL
SMPL
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
Net Profit
DSGX
DSGX
SMPL
SMPL
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
Gross Margin
DSGX
DSGX
SMPL
SMPL
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%
Operating Margin
DSGX
DSGX
SMPL
SMPL
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%
Net Margin
DSGX
DSGX
SMPL
SMPL
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%
EPS (diluted)
DSGX
DSGX
SMPL
SMPL
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
DSGX
DSGX
SMPL
SMPL
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.

Cash + ST Investments
DSGX
DSGX
SMPL
SMPL
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
Total Debt
DSGX
DSGX
SMPL
SMPL
Q4 25
Q3 25
Q2 25
Q4 24
Q3 24
$397.5M
Q2 24
$237.7M
Q1 24
$237.7M
Q4 23
$272.1M
Stockholders' Equity
DSGX
DSGX
SMPL
SMPL
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
Total Assets
DSGX
DSGX
SMPL
SMPL
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
Debt / Equity
DSGX
DSGX
SMPL
SMPL
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
DSGX
DSGX
SMPL
SMPL
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.

Operating Cash Flow
DSGX
DSGX
SMPL
SMPL
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
Free Cash Flow
DSGX
DSGX
SMPL
SMPL
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
FCF Margin
DSGX
DSGX
SMPL
SMPL
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%
Capex Intensity
DSGX
DSGX
SMPL
SMPL
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%
Cash Conversion
DSGX
DSGX
SMPL
SMPL
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
DSGX

Segment breakdown not available.

SMPL
SMPL

Quest$211.4M62%
Atkins Domain$79.7M23%
OWYN$28.1M8%
Other$20.9M6%

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