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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Sap Se 201.80 Bn 181.57 Bn 8.16 Bn 20.22%
2 Full Truck Alliance 192.30 Bn 189.59 Bn - -
3 Shopify 163.13 Bn 157.39 Bn 1.55 Bn -18.33%
4 Salesforce 153.34 Bn 141.50 Bn 8.56 Bn 18.93%
5 Uber Technologies 138.81 Bn 137.60 Bn 5.95 Bn 2.29%
6 ServiceNow 111.21 Bn 106.55 Bn 2.82 Bn 7.47%
7 Automatic Data Processing 103.35 Bn 100.12 Bn 2.87 Bn 22.90%
8 Adobe 97.23 Bn 91.60 Bn 5.90 Bn 25.87%
9 Snowflake 94.50 Bn 91.54 Bn 926.45 Mn -21.25%
10 Docebo 575.26 Mn 512.07 Mn 51.27 Mn -2.47%

Historic Data

Download Data
DateValue
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%