Docebo (DCBO) Net Margin (2019 - 2026)
Docebo (DCBO) posted quarterly Net Margin of 2.47% for Q1 2026, down 504.0% year-on-year from 0.61% in Q1 2025, and down 111.73% on a QoQ basis from 21.04% in Q4 2025.
Docebo (DCBO) Net Margin (2019 - 2026) Analysis & Trends
Docebo (DCBO) has reported Net Margin for 8 consecutive years, with 2.47% the latest figure, recorded in Q1 2026.
- Quarterly Net Margin fell 504.0% year-over-year to 2.47% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.13% (up 32.0% YoY) and the FY2025 annual result came in at 16.72%, up 191.0% from the prior year.
- Net Margin retreated to 2.47% in Q1 2026 per DCBO's latest filing, from 21.04% in the prior quarter.
- Over the last five years, Net Margin for DCBO reached as high as 27.79% in Q3 2022 and fell as low as 4.64% in Q2 2023.
- A 5-year average of 10.96% and a median of 11.29% in 2022 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin surged 3725 bps — and 2023, when it sank 1909 bps.
- Year by year, Net Margin stood at 8.7% in 2022, then surged by 94 bps to 16.85% in 2023, then decreased by 10 bps to 15.18% in 2024, then soared by 39 bps to 21.04% in 2025, then tumbled by 112 bps to 2.47% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 2.47%, 21.04%, and 16.07% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -18.33% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.29% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 18.93% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 7.47% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 22.90% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -21.25% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 22.77% |
| 10 | Docebo | 533.14 Mn | 469.96 Mn | 51.27 Mn | -2.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.47% |
| Dec 31, 2025 | 21.04% |
| Sep 30, 2025 | 16.07% |
| Jun 30, 2025 | 14.68% |
| Mar 31, 2025 | 2.57% |
| Dec 31, 2024 | 15.18% |
| Sep 30, 2024 | 14.89% |
| Jun 30, 2024 | 14.95% |
| Mar 31, 2024 | 10.06% |
| Dec 31, 2023 | 16.85% |
| Sep 30, 2023 | 8.70% |
| Jun 30, 2023 | -4.64% |
| Mar 31, 2023 | 3.00% |
| Dec 31, 2022 | 8.70% |
| Sep 30, 2022 | 27.79% |
| Jun 30, 2022 | 7.71% |
| Mar 31, 2022 | 11.29% |
| Dec 31, 2021 | -1.55% |
| Sep 30, 2021 | 11.95% |
| Jun 30, 2021 | 12.66% |