Docebo (DCBO) Operating Expenses (2019 - 2026)
Docebo (DCBO) posted quarterly Operating Expenses of $52.8 million for Q1 2026, up 19.39% year-on-year 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 reported Operating Expenses for 8 consecutive years, with $52.8 million the latest figure, recorded 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 grew to $52.8 million in Q1 2026 per DCBO's latest filing, from $20.6 million in the prior quarter.
- Over the last five years, Operating Expenses for DCBO reached as high as $52.8 million in Q1 2026 and fell as low as $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 soared 66.41% — and 2024, when it tumbled 53.32%.
- Year by year, Operating Expenses stood at $31.5 million in 2022, then grew by 23.55% to $38.9 million in 2023, then dropped by 0.98% to $38.6 million in 2024, then plunged by 46.59% to $20.6 million in 2025, then surged by 156.15% to $52.8 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $52.8 million, $20.6 million, and $21.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | Docebo | 533.14 Mn | 469.96 Mn | 51.27 Mn | 52.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 26.82 Mn |