Docebo (DCBO) Operating Expenses (2019 - 2026)
Docebo (DCBO) posted Operating Expenses of $51.95 million for the quarter ended Jun 30, 2026, up 15.4% from $45.01 million a year earlier but down 1.5% from the prior quarter.
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Analysis
Docebo (DCBO) Operating Expenses (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Docebo was $146.96 million, down 12.5% year-over-year; for the year ended Dec 31, 2025, it came in at $171.6 million, up 11.2% from the prior year.
- Annual Operating Expenses has increased for six consecutive years, with a five-year compound annual growth rate of 23.8% (years ended Dec 2020 to Dec 2025).
- In prior years, Docebo's Operating Expenses was $154.34 million in the year ended Dec 31, 2024 (+2.9%), $150.05 million in the year ended Dec 31, 2023 (+35.7%), $110.55 million in the year ended Dec 31, 2022 (+14.1%) and $96.91 million in the year ended Dec 31, 2021 (+64.2%).
- Quarterly Operating Expenses has run from a low of $18.94 million in the quarter ended Jun 30, 2024 to a high of $52.76 million in the quarter ended Mar 31, 2026 over five years.
- On a year-over-year basis, Operating Expenses increased in five of the last eight quarters, with growth averaging 14.2%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was the quarter ended Sep 30, 2021, with growth of 191.2%; the weakest was the quarter ended Jun 30, 2024, with a decline of 55.6%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $52.76 million (quarter ended Mar 31, 2026), $20.6 million (quarter ended Dec 31, 2025) and $21.65 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | 178,646.00 |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 420.93 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 387.71 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 364.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 323.96 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 542.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 182.80 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 231.56 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 652.00 Mn |
| 10 | Docebo | 656.59 Mn | 407.52 Mn | 54.53 Mn | 51.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.95 Mn |
| Mar 31, 2026 | 52.76 Mn |
| Dec 31, 2025 | 20.60 Mn |
| Sep 30, 2025 | 21.65 Mn |
| Jun 30, 2025 | 45.01 Mn |
| Mar 31, 2025 | 44.19 Mn |
| Dec 31, 2024 | 38.57 Mn |
| Sep 30, 2024 | 40.25 Mn |
| Jun 30, 2024 | 18.94 Mn |
| Mar 31, 2024 | 37.25 Mn |
| Dec 31, 2023 | 38.95 Mn |
| Sep 30, 2023 | 34.62 Mn |
| Jun 30, 2023 | 42.71 Mn |
| Mar 31, 2023 | 33.78 Mn |
| Dec 31, 2022 | 31.52 Mn |
| Sep 30, 2022 | 20.80 Mn |
| Jun 30, 2022 | 25.85 Mn |
| Mar 31, 2022 | 32.37 Mn |
| Dec 31, 2021 | 26.66 Mn |
| Sep 30, 2021 | 19.92 Mn |
API Access
Docebo Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=DCBO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "DCBO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=DCBO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();