Docebo (DCBO) Operating Margin (2019 - 2026)
Docebo posted quarterly Operating Margin of 2.28% for Q1 2026, down 526.0% year-on-year from 0.53% in Q1 2025, and down 115.36% on a QoQ basis from 14.82% in Q4 2025.
Docebo (DCBO) has 8 years of Operating Margin data on file, last reported 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.
- Across five years, Operating Margin topped out at 24.41% in Q3 2022 and bottomed at 21.43% in Q1 2022.
- The 5-year median for Operating Margin is 6.69% (2023), against an average of 4.36%.
- The widest annual swing landed in 2022, when Operating Margin jumped 3078 bps; it then plunged 2329 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 0.0% in 2022, then jumped by 1137341 bps to 2.19% in 2023, then soared by 527 bps to 13.72% in 2024, then advanced by 8 bps to 14.82% in 2025, then tumbled 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 28.69% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 16.69% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.05% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 13.34% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 29.26% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 37.79% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -22.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 46.97% |
| 10 | Docebo | 3.81 Bn | 3.75 Bn | 51.27 Mn | -2.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.28% |
| Dec 31, 2025 | 14.82% |
| Sep 30, 2025 | 13.06% |
| Jun 30, 2025 | 6.82% |
| Mar 31, 2025 | 2.98% |
| Dec 31, 2024 | 13.72% |
| Sep 30, 2024 | 8.51% |
| Jun 30, 2024 | 8.53% |
| Mar 31, 2024 | 8.22% |
| Dec 31, 2023 | 2.19% |
| Sep 30, 2023 | 6.69% |
| Jun 30, 2023 | -17.25% |
| Mar 31, 2023 | -0.91% |
| Dec 31, 2022 | 0.00% |
| Sep 30, 2022 | 24.41% |
| Jun 30, 2022 | 6.03% |
| Mar 31, 2022 | -21.43% |
| Dec 31, 2021 | -9.89% |
| Sep 30, 2021 | 5.41% |
| Jun 30, 2021 | -24.75% |
| Mar 31, 2021 | -25.87% |
| Dec 31, 2020 | -21,785.03% |
| Sep 30, 2020 | -4.06% |
| Jun 30, 2020 | -22.30% |
| Mar 31, 2020 | 5.30% |
| Dec 31, 2019 | -24.96% |