Docebo (DCBO) Net Margin (2019 - 2026)
Docebo (DCBO) reported Net Margin of 2.9% for Q1 2026, down 701.0% on a YoY basis from 0.48% in Q1 2025, and down 113.79% quarter-over-quarter from 21.04% in Q4 2025.
Docebo (DCBO) Net Margin (2019 - 2026) Analysis & Trends
Docebo has reported Net Margin for 8 years, with the latest figure 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.
- The five-year high for Net Margin was 28.05% in Q3 2022, with the low at 21.31% in Q1 2022.
- Historically, Net Margin has averaged 8.29% across 5 years, with a median of 10.85% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin surged 3201 bps — and 2023, when it slumped 1878 bps.
- Docebo's Net Margin stood at 0.01% in 2022, then soared by 193510 bps to 16.85% in 2023, then declined by 10 bps to 15.18% in 2024, then soared by 39 bps to 21.04% in 2025, then slumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.33% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 18.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 22.77% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.44% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 22.90% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 25.87% |
| 10 | Docebo | 1,032.60 | -63.19 Mn | 51.27 Mn | -2.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |