Docebo Inc. logo

Docebo Inc.

DCBO

NASDAQTechnologySoftware - Application

Previous close

$24.69

+$1.20 · +5.11%

Aug 21, 4:00 PM ET

DCBO company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

99

Deep Value

Momentum

36

Weakening

Sentiment

48

Mixed

Risk resilience

37

High Risk

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Company profile

Company website

Docebo Inc. develops and provides learning management platform for training in Canada, the United States, and internationally. The company’s cloud platform consists of a learning suite, which includes Docebo Learn platform, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Content Marketplace, an access to off-the-shelf learning content and provide predeveloped learning content; Insights module allows organizations to understand the results of learning programs with data visualizations; Learning Evaluation module to incorporate the learner’s perspective into analyses by collection of feedback; and Advanced Analytics Pack to integrate learning data into data ecosystem and BI tool. It also offers Communities module enabling interactive learner communities; eCommerce module that monetize from digital training contents, as well as manage and sells training offerings; eCommerce module to monetize training programs; Docebo Integrations; Headless Learning allows businesses to build learning experiences outside of the Docebo learning environment; Harmony Search, an AI-powered search capability. In addition, the company provides Docebo Creator enables organizations to design, scale, and deploy learning contents; Docebo for Salesforce, an integration of Salesforce’s APIs and technology architecture to deliver a learning experience within Salesforce workflows; Docebo Embed (OEM) enables original equipment manufacturers to embed and resell the Docebo learning platform; Docebo Branded Mobile App Publisher, allows organizations to create and distribute a branded version of Docebo’s mobile learning application; Docebo Extended Enterprise supports customer education, partner enablement, and retention by enabling organizations to train external audiences from a single LMS; and Docebo for Microsoft Teams. The company was founded in 2005 and is headquartered in Toronto, Canada.

Industry
Software - Application
Sector
Technology
Headquarters
CA
CEO
Alessio Artuffo
Listed since
Dec 3, 2020
Employees
966

Market position

Day range

Current $24.69

52-week range

Current $24.69

Open
$24.39
Previous close
$23.49
Volume
111.43K
0.83× average
Average volume
134.52K
Average daily volume
Market cap
626.7M USD
Beta
0.73
Market reference 1
50-day average
$19.7606
+24.95% above average
200-day average
$19.566
+26.19% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
567.61M USD
P/E (TTM)
20.69×
P/B (TTM)
-2,053.91×
P/S (TTM)
2.42×
EV / EBITDA
20.43×
Earnings yield
5.89%
Free cash flow yield
4.57%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
79.40%
Operating margin
8.64%
Net margin
12.98%
Return on equity
50.72%
Return on assets
18.19%
Return on invested capital
29.38%

Financial health

Debt / equity
-306.43×
Current ratio
1.15×
Altman Z-score
1.42
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends90%53%15%-22%Gross margin, FY2021: 80.06%Gross margin, FY2022: 80.28%Gross margin, FY2023: 80.92%Gross margin, FY2024: 80.96%Gross margin, FY2025: 80.28%Operating margin, FY2021: -12.90%Operating margin, FY2022: 2.93%Operating margin, FY2023: -2.05%Operating margin, FY2024: 8.72%Operating margin, FY2025: 10.09%Net margin, FY2021: -13.05%Net margin, FY2022: 4.91%Net margin, FY2023: 1.57%Net margin, FY2024: 12.32%Net margin, FY2025: 15.46%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 80.06%. Gross margin FY2022 80.28%. Gross margin FY2023 80.92%. Gross margin FY2024 80.96%. Gross margin FY2025 80.28%. Operating margin FY2021 -12.90%. Operating margin FY2022 2.93%. Operating margin FY2023 -2.05%. Operating margin FY2024 8.72%. Operating margin FY2025 10.09%. Net margin FY2021 -13.05%. Net margin FY2022 4.91%. Net margin FY2023 1.57%. Net margin FY2024 12.32%. Net margin FY2025 15.46%.

Income trends

Revenue

242.69M USD+11.87%

Operating income

24.48M USD+29.47%

Net income

37.51M USD+40.31%
Income trends across reported periods268.32M USD165.8M USD63.29M USD−39.23M USDRevenue, FY2021: 104.24M USDRevenue, FY2022: 142.91M USDRevenue, FY2023: 180.84M USDRevenue, FY2024: 216.93M USDRevenue, FY2025: 242.69M USDOperating income, FY2021: −13.45M USDOperating income, FY2022: 4.19M USDOperating income, FY2023: −3.71M USDOperating income, FY2024: 18.91M USDOperating income, FY2025: 24.48M USDNet income, FY2021: −13.6M USDNet income, FY2022: 7.02M USDNet income, FY2023: 2.84M USDNet income, FY2024: 26.74M USDNet income, FY2025: 37.51M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 104.24M USD. Revenue FY2022 142.91M USD. Revenue FY2023 180.84M USD. Revenue FY2024 216.93M USD. Revenue FY2025 242.69M USD. Operating income FY2021 −13.45M USD. Operating income FY2022 4.19M USD. Operating income FY2023 −3.71M USD. Operating income FY2024 18.91M USD. Operating income FY2025 24.48M USD. Net income FY2021 −13.6M USD. Net income FY2022 7.02M USD. Net income FY2023 2.84M USD. Net income FY2024 26.74M USD. Net income FY2025 37.51M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue242.69M USD216.93M USD180.84M USD142.91M USD104.24M USD
Cost of goods sold47.85M USD41.3M USD34.5M USD28.18M USD20.79M USD
Gross profit194.84M USD175.64M USD146.34M USD114.73M USD83.46M USD
Research and development50.12M USD43.91M USD35.48M USD24.78M USD20.36M USD
Selling, general, and administrative117.05M USD109.44M USD107.04M USD94.55M USD74.05M USD
Operating expenses170.36M USD156.73M USD150.05M USD110.55M USD96.91M USD
Interest income1.86M USD2.55M USD8.11M USD3.76M USD433.15K USD
Interest expense146K USD222.76K USD297.35K USD278.51K USD425.23K USD
Depreciation and amortization3.19M USD3.38M USD3.14M USD2.33M USD2.02M USD
Operating income24.48M USD18.91M USD−3.71M USD4.19M USD−13.45M USD
Net income37.51M USD26.74M USD2.84M USD7.02M USD−13.6M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
1.3
FY2025 · +51.16% year over year
Latest fiscal-year revenue
242.69M USD
FY2025 · +11.87% year over year
Next fiscal-year EPS consensus
1.76
FY2026 · 6 analysts
Next fiscal-year revenue consensus
278.74M USD
FY2026 · 8 analysts

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend2.541.470.4-0.68FY21FY22FY23FY24FY25FY26FY27

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend368.23M272.23M176.24M80.24MFY21FY22FY23FY24FY25FY26FY27FY28

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$37.00

49.86% upside
Past 12 months12-month forecastHigh $38.00Average $37.00Low $36.00

Rating distribution

10 ratings
Strong buy00%
Buy880%
Hold220%
Sell00%
Strong sell00%

Recent analyst actions

8 institutions
Craig-HallummaintainBuy
Canaccord GenuitymaintainBuy

DCBO peers

ETFs holding DCBO

Funds reporting this stock among their holdings, ordered by reported position size.

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