Docebo (DCBO) Cost of Revenue (2019 - 2026)
Docebo's (DCBO) quarterly Cost of Revenue came in at $14.1 million in Q2 2026, up 21.86% on a YoY basis from $11.6 million in Q2 2025, and down 1.65% quarter-over-quarter from $14.4 million in Q1 2026.
Analysis
Docebo (DCBO) Cost of Revenue (2019 - 2026) Analysis & Trends
Docebo (DCBO) has reported Cost of Revenue for 8 consecutive years, with $14.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 21.86% year-over-year to $14.1 million; the trailing twelve-month figure through Jun 2026 stood at $53.3 million (up 20.98% YoY), and the FY2025 full-year result was $47.9 million, up 15.88% from the prior year.
- Cost of Revenue retreated to $14.1 million in Q2 2026 per DCBO's latest filing, from $14.4 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $14.4 million in Q1 2026 and bottomed at $6.6 million in Q1 2022.
- Historically, Cost of Revenue has averaged $10.0 million across 5 years, with a median of $10.1 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue jumped 69.57% in 2022, then gained 12.94% in 2025.
- Over 5 years, Cost of Revenue stood at $7.5 million in 2022, then climbed by 23.28% to $9.3 million in 2023, then climbed by 15.07% to $10.6 million in 2024, then rose by 19.62% to $12.7 million in 2025, then grew by 10.8% to $14.1 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $14.1 million, $14.4 million, and $12.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | 81.71 Mn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | 110.53 Mn |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | 125.20 Mn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | 14.12 Mn |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn | 8.21 Mn |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn | 8.77 Mn |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | 15.25 Mn |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | 23.57 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | 15.89 Mn |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.12 Mn |
| Mar 31, 2026 | 14.35 Mn |
| Dec 31, 2025 | 12.74 Mn |
| Sep 30, 2025 | 12.13 Mn |
| Jun 30, 2025 | 11.58 Mn |
| Mar 31, 2025 | 11.40 Mn |
| Dec 31, 2024 | 10.65 Mn |
| Sep 30, 2024 | 10.46 Mn |
| Jun 30, 2024 | 10.26 Mn |
| Mar 31, 2024 | 9.93 Mn |
| Dec 31, 2023 | 9.26 Mn |
| Sep 30, 2023 | 8.78 Mn |
| Jun 30, 2023 | 8.41 Mn |
| Mar 31, 2023 | 8.05 Mn |
| Dec 31, 2022 | 7.51 Mn |
| Sep 30, 2022 | 7.14 Mn |
| Jun 30, 2022 | 6.98 Mn |
| Mar 31, 2022 | 6.55 Mn |
| Dec 31, 2021 | 6.09 Mn |
| Sep 30, 2021 | 5.68 Mn |