Growth Metrics

Docebo (DCBO) Net Margin (2019 - 2026)

Docebo posted quarterly Net Margin of 2.9% for Q1 2026, down 701.0% year-on-year from 0.48% in Q1 2025, and down 113.79% on a QoQ basis from 21.04% in Q4 2025.

Docebo (DCBO) has 8 years of Net Margin data on file, last reported at 2.9% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 701.0% year-over-year to 2.9%; the trailing twelve-month figure through Mar 2026 stood at 12.02% (down 19.0% YoY), and the FY2025 full-year result was 16.72%, up 191.0% from the prior year.
  • Net Margin for Q1 2026 stood at 2.9%, down from 21.04% in the prior quarter.
  • Across five years, Net Margin topped out at 28.05% in Q3 2022 and bottomed at 21.31% in Q1 2022.
  • The 5-year median for Net Margin is 10.85% (2023), against an average of 8.29%.
  • The widest annual swing landed in 2022, when Net Margin surged 3201 bps; it then plunged 1878 bps in 2023.
  • A 5-year view of Net Margin shows it stood at 0.01% in 2022, then jumped by 193510 bps to 16.85% in 2023, then fell by 10 bps to 15.18% in 2024, then jumped by 39 bps to 21.04% in 2025, then sank by 114 bps to 2.9% in 2026.
  • The last three Net Margin figures came in at 2.9% (Q1 2026), 21.04% (Q4 2025), and 16.07% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 20.22%
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 17.47%
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 2.29%
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -18.33%
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 12.44%
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 22.77%
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 29.52%
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 22.90%
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 35.80%
10 Docebo 3.81 Bn 3.75 Bn 51.27 Mn -2.90%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -2.90%
Dec 31, 2025 21.04%
Sep 30, 2025 16.07%
Jun 30, 2025 14.68%
Mar 31, 2025 4.11%
Dec 31, 2024 15.18%
Sep 30, 2024 14.89%
Jun 30, 2024 14.95%
Mar 31, 2024 9.29%
Dec 31, 2023 16.85%
Sep 30, 2023 10.85%
Jun 30, 2023 -11.74%
Mar 31, 2023 3.88%
Dec 31, 2022 0.01%
Sep 30, 2022 28.05%
Jun 30, 2022 7.05%
Mar 31, 2022 -21.31%
Dec 31, 2021 -1.55%
Sep 30, 2021 5.38%
Jun 30, 2021 -24.96%
Mar 31, 2021 -25.76%
Dec 31, 2020 -22,174.24%
Sep 30, 2020 -4.43%
Jun 30, 2020 -22.46%
Mar 31, 2020 6.05%
Dec 31, 2019 -25.52%