Docebo (DCBO) Change in Working Capital (2020 - 2025)

Docebo has reported Change in Working Capital for 6 years, with the latest figure at $18.7 billion in Q4 2025.

• For the quarter ending Q4 2025, Change in Working Capital fell 4.29% year-over-year to $18.7 billion; the trailing twelve-month figure through Dec 2025 stood at $18.7 billion (down 4.29% YoY), and the FY2025 full-year result was $18.7 billion, down 4.29% from the prior year.
• Change in Working Capital for Q4 2025 stood at $18.7 billion, up from $5.6 billion in the prior quarter.
• The five-year high for Change in Working Capital was $182.6 billion in Q4 2021, with the low at $5.6 billion in Q3 2025.
• Historically, Change in Working Capital has averaged $62.3 billion across 5 years, with a median of $19.5 billion in 2024.
• Annual changes were most pronounced in 2022 — Change in Working Capital slipped 2.12% — and 2023, when it tumbled 87.97%.
• Docebo's Change in Working Capital stood at $182.6 billion in 2021, then decreased by 2.12% to $178.7 billion in 2022, then plunged by 87.97% to $21.5 billion in 2023, then dropped by 9.35% to $19.5 billion in 2024, then slipped by 4.29% to $18.7 billion in 2025.
• The last three Change in Working Capital figures came in at $18.7 billion (Q4 2025), $5.6 billion (Q3 2025), and $19.5 billion (Q4 2024), per Business Quant data.