Docebo (DCBO) Gross Margin (2019 - 2026)
Docebo's (DCBO) quarterly Gross Margin came in at 79.44% in Q2 2026, down 149.0% on a YoY basis from 162.12% in Q2 2025, and up 1.68% quarter-over-quarter from 78.13% in Q1 2026.
Analysis
Docebo (DCBO) Gross Margin (2019 - 2026) Analysis & Trends
Docebo (DCBO) has reported Gross Margin for 8 consecutive years, with 79.44% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 149.0% year-over-year to 79.44%; the trailing twelve-month figure through Jun 2026 stood at 79.4% (down 147.0% YoY), and the FY2025 full-year result was 80.28%, down 68.0% from the prior year.
- Gross Margin improved to 79.44% in Q2 2026 per DCBO's latest filing, from 78.13% in the prior quarter.
- Across five years, Gross Margin topped out at 81.33% in Q4 2024 and bottomed at 78.13% in Q1 2026.
- Historically, Gross Margin has averaged 80.4% across 5 years, with a median of 80.68% in 2024.
- The widest YoY moves for Gross Margin: up 168 bps in 2022, down 267 bps in 2022.
- Over 5 years, Gross Margin stood at 80.73% in 2022, then gained by 1 bps to 81.22% in 2023, then gained by 0 bps to 81.33% in 2024, then slipped by 2 bps to 79.79% in 2025, then declined by 0 bps to 79.44% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 79.44%, 78.13%, and 79.79% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | 72.62% |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | 48.87% |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | 58.07% |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | 79.44% |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn | 73.66% |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn | 66.84% |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | 64.73% |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | 54.55% |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | 83.19% |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 79.44% |
| Mar 31, 2026 | 78.13% |
| Dec 31, 2025 | 79.79% |
| Sep 30, 2025 | 80.31% |
| Jun 30, 2025 | 80.93% |
| Mar 31, 2025 | 80.11% |
| Dec 31, 2024 | 81.33% |
| Sep 30, 2024 | 81.13% |
| Jun 30, 2024 | 80.67% |
| Mar 31, 2024 | 80.69% |
| Dec 31, 2023 | 81.22% |
| Sep 30, 2023 | 81.12% |
| Jun 30, 2023 | 80.71% |
| Mar 31, 2023 | 80.57% |
| Dec 31, 2022 | 80.73% |
| Sep 30, 2022 | 80.68% |
| Jun 30, 2022 | 80.02% |
| Mar 31, 2022 | 79.56% |
| Dec 31, 2021 | 79.57% |
| Sep 30, 2021 | 79.00% |