Docebo (DCBO) Operating Expenses (2019 - 2026)
Docebo 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) has 8 years of Operating Expenses data on file, last reported at $52.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 19.39% year-over-year to $52.8 million; the trailing twelve-month figure through Mar 2026 stood at $116.6 million (down 17.88% YoY), and the FY2025 full-year result was $171.6 million, up 11.18% from the prior year.
- Operating Expenses for Q1 2026 stood at $52.8 million, up from $20.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $52.8 million in Q1 2026 and bottomed at $18.9 million in Q2 2024.
- The 5-year median for Operating Expenses is $33.8 million (2023), against an average of $32.7 million.
- The widest annual swing landed in 2023, when Operating Expenses surged 66.41%; it then sank 55.65% in 2024.
- A 5-year view of Operating Expenses shows it stood at $31.5 million in 2022, then advanced by 23.55% to $38.9 million in 2023, then decreased by 0.98% to $38.6 million in 2024, then slumped by 46.59% to $20.6 million in 2025, then soared 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | Docebo | 3.81 Bn | 3.75 Bn | 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 | 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 |
| Jun 30, 2021 | 26.82 Mn |
| Mar 31, 2021 | 23.50 Mn |
| Dec 31, 2020 | 9.68 Mn |
| Sep 30, 2020 | 6.84 Mn |
| Jun 30, 2020 | 6.70 Mn |
| Mar 31, 2020 | 7.20 Mn |
| Dec 31, 2019 | 6.80 Mn |