Docebo (DCBO) EBITDA Margin (2019 - 2026)
Docebo (DCBO) reported EBITDA Margin of 2.66% for Q1 2026, up 10.0% on a YoY basis from 2.41% in Q1 2025, and down 82.07% quarter-over-quarter from 14.82% in Q4 2025.
Docebo (DCBO) EBITDA Margin (2019 - 2026) Analysis & Trends
Docebo has reported EBITDA Margin for 8 years, with the latest figure at 2.66% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 10.0% year-over-year to 2.66%; the trailing twelve-month figure through Mar 2026 stood at 8.5% (down 74.0% YoY), and the FY2025 full-year result was 9.57%, down 122.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 2.66%, down from 14.82% in the prior quarter.
- The five-year high for EBITDA Margin was 16.07% in Q4 2024, with the low at 3.36% in Q2 2023.
- Historically, EBITDA Margin has averaged 6.73% across 5 years, with a median of 8.01% in 2024.
- Annual changes were most pronounced in 2022 — EBITDA Margin sank 1376 bps — and 2023, when it surged 1269 bps.
- Docebo's EBITDA Margin stood at 0.01% in 2022, then jumped by 193877 bps to 12.69% in 2023, then increased by 27 bps to 16.07% in 2024, then retreated by 8 bps to 14.82% in 2025, then sank by 82 bps to 2.66% in 2026.
- The last three EBITDA Margin figures came in at 2.66% (Q1 2026), 14.82% (Q4 2025), and 9.77% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.49% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 21.08% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 29.26% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.12% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | -22.99% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 33.82% |
| 10 | Docebo | 1,032.60 | -63.19 Mn | 51.27 Mn | 2.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.66% |
| Dec 31, 2025 | 14.82% |
| Sep 30, 2025 | 9.77% |
| Jun 30, 2025 | 6.99% |
| Mar 31, 2025 | 2.56% |
| Dec 31, 2024 | 16.07% |
| Sep 30, 2024 | 10.32% |
| Jun 30, 2024 | 8.01% |
| Mar 31, 2024 | 8.31% |
| Dec 31, 2023 | 12.69% |
| Sep 30, 2023 | 0.58% |
| Jun 30, 2023 | -3.36% |
| Mar 31, 2023 | 3.39% |
| Dec 31, 2022 | 0.01% |
| Sep 30, 2022 | 1.13% |
| Jun 30, 2022 | 8.74% |
| Mar 31, 2022 | 11.69% |
| Dec 31, 2021 | -5.33% |
| Sep 30, 2021 | 14.89% |
| Jun 30, 2021 | 15.75% |