Docebo (DCBO) FCF Margin (2019 - 2026)

Docebo (DCBO) reported FCF Margin of 0.17% for Q1 2026, down 35.0% on a YoY basis from 0.26% in Q1 2025, and down 98.82% quarter-over-quarter from 14.06% in Q4 2025.

Docebo (DCBO) FCF Margin (2019 - 2026) Analysis & Trends

Docebo has reported FCF Margin for 8 years, with the latest figure at 0.17% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 35.0% year-over-year to 0.17%; the trailing twelve-month figure through Mar 2026 stood at 5.89% (down 103.0% YoY), and the FY2025 full-year result was 12.01%, down 204.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 0.17%, down from 14.06% in the prior quarter.
  • The five-year high for FCF Margin was 17.56% in Q4 2024, with the low at 5.21% in Q1 2022.
  • Historically, FCF Margin has averaged 2.76% across 5 years, with a median of 0.52% in 2023.
  • Annual changes were most pronounced in 2024 — FCF Margin surged 1704 bps — and 2025, when it tumbled 350 bps.
  • Docebo's FCF Margin stood at 0.0% in 2022, then surged by 91280 bps to 0.52% in 2023, then surged by 3286 bps to 17.56% in 2024, then dropped by 20 bps to 14.06% in 2025, then slumped by 99 bps to 0.17% in 2026.
  • The last three FCF Margin figures came in at 0.17% (Q1 2026), 14.06% (Q4 2025), and 8.95% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 36.77%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 17.31%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 15.02%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 58.89%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 20.82%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 41.64%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 36.83%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 31.84%
10 Docebo 1,032.60 -63.19 Mn 51.27 Mn 0.17%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.17%
Dec 31, 2025 14.06%
Sep 30, 2025 8.95%
Jun 30, 2025 0.47%
Mar 31, 2025 0.52%
Dec 31, 2024 17.56%
Sep 30, 2024 8.67%
Jun 30, 2024 0.54%
Mar 31, 2024 0.39%
Dec 31, 2023 0.52%
Sep 30, 2023 0.26%
Jun 30, 2023 0.36%
Mar 31, 2023 -5.00%
Dec 31, 2022 0.00%
Sep 30, 2022 0.95%
Jun 30, 2022 3.72%
Mar 31, 2022 -5.21%
Dec 31, 2021 0.39%
Sep 30, 2021 0.81%
Jun 30, 2021 -1.68%