Docebo (DCBO) EBITDA Margin (2019 - 2026)
Docebo's (DCBO) quarterly EBITDA Margin came in at 3.76% in Q2 2026, down 306.0% on a YoY basis from 1.83% in Q2 2025, and up 265.24% quarter-over-quarter from 2.28% in Q1 2026.
Analysis
Docebo (DCBO) EBITDA Margin (2019 - 2026) Analysis & Trends
Docebo (DCBO) has reported EBITDA Margin for 8 consecutive years, with 3.76% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin fell 306.0% year-over-year to 3.76%; the trailing twelve-month figure through Jun 2026 stood at 7.14% (down 84.0% YoY), and the FY2025 full-year result was 9.57%, down 24.0% from the prior year.
- EBITDA Margin improved to 3.76% in Q2 2026 per DCBO's latest filing, from 2.28% in the prior quarter.
- Across five years, EBITDA Margin topped out at 24.41% in Q3 2022 and bottomed at 21.43% in Q1 2022.
- Historically, EBITDA Margin has averaged 5.26% across 5 years, with a median of 6.75% in 2023.
- The sharpest annual moves came in 2022 and 2023: EBITDA Margin surged 3078 bps in 2022, then tumbled 2329 bps in 2023.
- Over 5 years, EBITDA Margin stood at 5.8% in 2022, then jumped by 127 bps to 13.19% in 2023, then increased by 4 bps to 13.72% in 2024, then climbed by 8 bps to 14.82% in 2025, then sank by 75 bps to 3.76% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 3.76%, 2.28%, and 14.82% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | 11.37% |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | 7.58% |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | -28.37% |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | 3.76% |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn | -4.56% |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn | -5.50% |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | -14.98% |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | -6.12% |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | -8.78% |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - | 23.78% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.76% |
| Mar 31, 2026 | -2.28% |
| Dec 31, 2025 | 14.82% |
| Sep 30, 2025 | 13.06% |
| Jun 30, 2025 | 6.82% |
| Mar 31, 2025 | 2.98% |
| Dec 31, 2024 | 13.72% |
| Sep 30, 2024 | 8.51% |
| Jun 30, 2024 | 8.53% |
| Mar 31, 2024 | 8.22% |
| Dec 31, 2023 | 13.19% |
| Sep 30, 2023 | 6.69% |
| Jun 30, 2023 | -17.25% |
| Mar 31, 2023 | -0.91% |
| Dec 31, 2022 | 5.80% |
| Sep 30, 2022 | 24.41% |
| Jun 30, 2022 | 6.03% |
| Mar 31, 2022 | -21.43% |
| Dec 31, 2021 | -5.14% |
| Sep 30, 2021 | 5.41% |