Growth Metrics

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 🔒
DateValue
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