Docebo (DCBO) Operating Margin (2019 - 2026)

Docebo has reported Operating Margin for 8 years, with the latest figure at 2.28% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin fell 526.0% year-over-year to 2.28%; the trailing twelve-month figure through Mar 2026 stood at 7.98% (down 44.0% YoY), and the FY2025 full-year result was 9.57%, down 24.0% from the prior year.
• Operating Margin for Q1 2026 stood at 2.28%, down from 14.82% in the prior quarter.
• The five-year high for Operating Margin was 24.41% in Q3 2022, with the low at 21.43% in Q1 2022.
• Historically, Operating Margin has averaged 4.36% across 5 years, with a median of 6.69% in 2023.
• Annual changes were most pronounced in 2022 — Operating Margin jumped 3078 bps — and 2023, when it slumped 2329 bps.
• Docebo's Operating Margin stood at 0.0% in 2022, then soared by 1137341 bps to 2.19% in 2023, then surged by 527 bps to 13.72% in 2024, then gained by 8 bps to 14.82% in 2025, then plunged by 115 bps to 2.28% in 2026.
• The last three Operating Margin figures came in at 2.28% (Q1 2026), 14.82% (Q4 2025), and 13.06% (Q3 2025), per Business Quant data.