Rankings
▼
Calendar
DCBO (Docebo Inc.) Stock Financials & Earnings | Market Cap Arena
DCBO
Docebo Inc.
Mkt Cap
$535M
Technology
·
Software - Application
·
🇨🇦 Canada
·
NASDAQ
Revenue (TTM)
$243M
Net Income (TTM)
$38M
EPS (TTM)
$1.29
Free Cash Flow (TTM)
$27M
Gross Margin
79.6%
Op. Margin
9.7%
Net Margin
15.6%
FCF Margin
11.2%
P/S Ratio (TTM)
2.2x
P/E Ratio (TTM)
14.1x
YoY Rev Growth
+12.0%
Employees
—
Earnings Reports
▶
Q4 2025
NEW
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$41M
$33M
-$376K
Q2 23
$44M
$35M
-$8M
Q3 23
$47M
$38M
$3M
Q4 23
$49M
$40M
$1M
Q1 24
$51M
$41M
$4M
Q2 24
$53M
$43M
$5M
Q3 24
$55M
$45M
$5M
Q4 24
$57M
$46M
$8M
Q1 25
$57M
$46M
$2M
Q2 25
$61M
$49M
$4M
Q3 25
$61M
$48M
$8M
Q4 25
$64M
$50M
$10M
marketcaparena.com
Revenue Breakdown
DCBO
Docebo Inc.
Revenue Breakdown
Q4 2025
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
3.5x
35.1x
Q2 23
3.3x
71.9x
Q3 23
3.1x
439.3x
Q4 23
3.0x
188.4x
Q1 24
2.8x
79.1x
Q2 24
2.7x
31.2x
Q3 24
2.6x
29.6x
Q4 24
2.5x
20.0x
Q1 25
2.4x
23.2x
Q2 25
2.3x
25.0x
Q3 25
2.3x
23.8x
Q4 25
2.2x
14.1x
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
-$2M
-$2M
Q2 23
$5M
$5M
Q3 23
$6M
$6M
Q4 23
$6M
$6M
Q1 24
$8M
$8M
Q2 24
$7M
$6M
Q3 24
$4M
$4M
Q4 24
$10M
$9M
Q1 25
$8M
$8M
Q2 25
$6M
$6M
Q3 25
$5M
$5M
Q4 25
$9M
$9M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$107K
Q2 23
$159K
Q3 23
$120K
Q4 23
$249K
Q1 24
$203K
Q2 24
$284K
Q3 24
$471K
Q4 24
$287K
Q1 25
$298K
Q2 25
$288K
Q3 25
$223K
Q4 25
$174K
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+29.3%
+7.5%
Q2 23
+24.8%
+55.7%
Q3 23
+25.8%
+55.3%
Q4 23
+26.5%
+23.5%
Q1 24
+24.0%
+12.8%
Q2 24
+21.7%
-5.1%
Q3 24
+19.2%
+16.9%
Q4 24
+15.7%
+2.1%
Q1 25
+11.5%
+17.8%
Q2 25
+14.5%
+16.6%
Q3 25
+9.9%
+4.3%
Q4 25
+12.2%
+10.6%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$1M
3.1%
Q2 23
$1M
3.0%
Q3 23
$2M
4.0%
Q4 23
$2M
3.3%
Q1 24
$2M
3.8%
Q2 24
$2M
3.6%
Q3 24
$2M
3.3%
Q4 24
$2M
2.9%
Q1 25
$789K
1.4%
Q2 25
$2M
2.9%
Q3 25
$2M
3.2%
Q4 25
$0
0.0%
marketcaparena.com
OpEx Breakdown
R&D
G&A
S&M
SG&A
Quarter
R&D
G&A
S&M
SG&A
Q1 23
$7M
$9M
$17M
—
Q2 23
$9M
$11M
$18M
—
Q3 23
$10M
$10M
$16M
—
Q4 23
$9M
$10M
$16M
—
Q1 24
$10M
$10M
$16M
—
Q2 24
$11M
$10M
$17M
—
Q3 24
$11M
$10M
$18M
—
Q4 24
$12M
$10M
$18M
—
Q1 25
$13M
$10M
$20M
—
Q2 25
$13M
$10M
$20M
—
Q3 25
$12M
—
—
$28M
Q4 25
$12M
—
—
$28M
marketcaparena.com
Rule of 40
Rule of 40
Quarter
Rev Growth %
EBITDA Margin %
Rule of 40
Q1 23
29.3%
5.8%
35.1
Q2 23
24.8%
-9.7%
15.1
Q3 23
25.8%
13.3%
39.1
Q4 23
26.5%
8.0%
34.5
Q1 24
24.0%
11.0%
35.0
Q2 24
21.7%
11.5%
33.2
Q3 24
19.2%
11.3%
30.5
Q4 24
15.7%
16.3%
32.0
Q1 25
11.5%
5.6%
17.0
Q2 25
14.5%
9.1%
23.6
Q3 25
9.9%
14.8%
24.7
Q4 25
12.2%
16.6%
28.8
marketcaparena.com
Revenue Segments
Quarter
marketcaparena.com
Revenue by Geography
Quarter
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$216M
$0
$216M
Q2 23
$204M
$83K
$204M
Q3 23
$171M
$81K
$171M
Q4 23
$72M
$83K
$72M
Q1 24
$81M
$81K
$81M
Q2 24
$82M
$81K
$82M
Q3 24
$82M
$66K
$82M
Q4 24
$93M
$43K
$93M
Q1 25
$92M
$24K
$92M
Q2 25
$65M
$6K
$65M
Q3 25
$66M
$0
$66M
Q4 25
$74M
$0
$74M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
34M
+0.3%
Q2 23
33M
-3.0%
Q3 23
34M
+1.1%
Q4 23
33M
-2.0%
Q1 24
31M
-5.5%
Q2 24
31M
+0.0%
Q3 24
31M
-0.4%
Q4 24
31M
+0.0%
Q1 25
31M
-0.1%
Q2 25
30M
-2.3%
Q3 25
29M
-2.5%
Q4 25
29M
-0.2%
marketcaparena.com