Docebo (DCBO) Operating Expenses (2019 - 2026)
Docebo's (DCBO) quarterly Operating Expenses came in at $52.8 million in Q1 2026, up 19.39% YoY from $44.2 million in Q1 2025, and up 156.15% on a QoQ basis from $20.6 million in Q4 2025.
Docebo (DCBO) Operating Expenses (2019 - 2026) Analysis & Trends
Docebo (DCBO) has 8 years of Operating Expenses data on file, last reported at $52.8 million in Q1 2026.
- Quarterly Operating Expenses rose 19.39% year-over-year to $52.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $116.6 million (down 18.46% YoY) and the FY2025 annual result came in at $171.6 million, up 11.18% from the prior year.
- Operating Expenses climbed to $52.8 million in Q1 2026, from $20.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $52.8 million in Q1 2026 to a low of $19.9 million in Q2 2024.
- A 5-year average of $32.8 million and a median of $33.8 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses surged 66.41% — and 2024, when it plunged 53.32%.
- Tracing DCBO's Operating Expenses over 5 years: stood at $31.5 million in 2022, then gained by 23.55% to $38.9 million in 2023, then retreated by 0.98% to $38.6 million in 2024, then tumbled by 46.59% to $20.6 million in 2025, then surged by 156.15% to $52.8 million in 2026.
- The last three Operating Expenses figures came in at $52.8 million (Q1 2026), $20.6 million (Q4 2025), and $21.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Docebo | 572.88 Mn | 527.16 Mn | 54.53 Mn | 51.95 Mn |
Historic Data
Download 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 | 21.56 Mn |
| Mar 31, 2025 | 44.19 Mn |
| Dec 31, 2024 | 38.57 Mn |
| Sep 30, 2024 | 40.25 Mn |
| Jun 30, 2024 | 19.94 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 |