Docebo Inc. (DCBO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 64.71M | 64.01M | 60.94M | 60.73M | 57.3M | 57.04M | 55.43M | 53.05M | 51.4M | 49.28M | 46.51M | 43.59M | 41.46M | 38.95M | 36.97M | 34.94M | 32.05M | 29.8M | 27.07M | 25.63M |
| Revenue Growth % | 12.94% | 12.21% | 9.93% | 14.47% | 11.46% | 15.75% | 19.2% | 21.7% | 23.99% | 26.5% | 25.81% | 24.78% | 29.34% | 30.72% | 36.57% | 36.3% | 47.43% | 58.89% | 68.17% | 76.34% |
| Cost of Goods Sold | 16.05M | 13.75M | 12.73M | 11.58M | 11.39M | 10.65M | 10.46M | 10.26M | 9.93M | 9.26M | 8.78M | 8.41M | 8.05M | 7.51M | 7.14M | 6.98M | 6.55M | 6.09M | 5.68M | 5.15M |
| COGS % of Revenue | 24.8% | 21.48% | 20.89% | 19.07% | 19.89% | 18.67% | 18.87% | 19.33% | 19.31% | 18.78% | 18.88% | 19.29% | 19.43% | 19.27% | 19.31% | 19.98% | 20.44% | 20.43% | 21% | 20.1% |
| Gross Profit | 48.66M | 50.26M | 48.21M | 49.15M | 45.9M | 46.39M | 44.97M | 42.8M | 41.48M | 40.02M | 37.73M | 35.18M | 33.41M | 31.45M | 29.83M | 27.96M | 25.5M | 23.71M | 21.39M | 20.48M |
| Gross Margin % | 75.2% | 78.52% | 79.11% | 80.93% | 80.11% | 81.33% | 81.13% | 80.67% | 80.69% | 81.22% | 81.12% | 80.71% | 80.57% | 80.73% | 80.69% | 80.02% | 79.56% | 79.57% | 79% | 79.9% |
| Gross Profit Growth % | 6.01% | 8.34% | 7.19% | 14.84% | 10.67% | 15.91% | 19.2% | 21.64% | 24.16% | 27.27% | 26.49% | 25.85% | 30.98% | 32.61% | 39.47% | 36.52% | 42.65% | 50.27% | 61.85% | 75.23% |
| Operating Expenses | 48.7M | 40.69M | 40.15M | 45.01M | 44.19M | 38.57M | 40.25M | 38.27M | 37.25M | 38.95M | 34.62M | 42.71M | 33.78M | 31.52M | 20.8M | 25.85M | 32.37M | 26.66M | 19.92M | 26.82M |
| OpEx % of Revenue | 75.26% | 63.58% | 65.89% | 74.11% | 77.13% | 67.61% | 72.62% | 72.14% | 72.47% | 79.03% | 74.44% | 97.96% | 81.48% | 80.92% | 56.28% | 73.99% | 100.99% | 89.46% | 73.6% | 104.65% |
| Selling, General & Admin | 33.46M | 28.39M | 28.38M | 30.52M | 29.87M | 27.96M | 27.96M | 26.99M | 26.52M | 26.34M | 26.38M | 28.72M | 25.59M | 23.98M | 24.35M | 24.01M | 22.22M | 20.5M | 18.7M | 17.91M |
| SG&A % of Revenue | 51.7% | 44.36% | 46.57% | 50.25% | 52.13% | 49.03% | 50.44% | 50.88% | 51.59% | 53.46% | 56.73% | 65.88% | 61.74% | 61.56% | 65.86% | 68.72% | 69.31% | 68.8% | 69.1% | 69.88% |
| Research & Development | 15.24M | 12.3M | 11.77M | 12.7M | 13.4M | 11.58M | 11.15M | 10.77M | 10.41M | 9.02M | 10.27M | 8.81M | 7.38M | 6.38M | 6.11M | 6.11M | 6.19M | 5.5M | 5.48M | 5.23M |
| R&D % of Revenue | 23.56% | 19.22% | 19.32% | 20.91% | 23.39% | 20.3% | 20.12% | 20.29% | 20.26% | 18.31% | 22.09% | 20.2% | 17.79% | 16.37% | 16.52% | 17.49% | 19.3% | 18.47% | 20.25% | 20.42% |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 921K | -976K | 1000K | 514K | 318K | 1000K | -1000K | 1000K | 809K | 1000K | -1000K | -1000K | 1000K | 653K | -1000K | 1000K |
| Operating Income | -38.46K | 9.57M | 8.05M | 4.14M | 1.71M | 7.83M | 4.72M | 4.52M | 4.23M | 1.08M | 3.11M | -7.52M | -376K | -75K | 9.02M | 2.11M | -6.87M | -2.95M | 1.46M | -6.34M |
| Operating Margin % | -0.06% | 14.95% | 13.22% | 6.82% | 2.98% | 13.72% | 8.51% | 8.53% | 8.22% | 2.19% | 6.69% | -17.25% | -0.91% | -0.19% | 24.41% | 6.03% | -21.43% | -9.89% | 5.41% | -24.75% |
| Operating Income Growth % | -102.25% | 22.26% | 70.74% | -8.47% | -59.59% | 625.21% | 51.72% | 160.13% | 1224.2% | 1538.67% | -65.54% | -457% | 94.53% | 97.45% | 516.33% | 133.22% | -22.16% | 27.9% | 323.85% | -95.65% |
| EBITDA | 1.86M | 10.38M | 8.79M | 4.99M | 2.51M | 8.69M | 5.59M | 5.35M | 5.04M | 1.63M | 4.17M | -6.7M | 331K | 527K | 9.59M | 2.69M | -6.29M | -2.39M | 1.97M | -5.85M |
| EBITDA Margin % | 2.87% | 16.21% | 14.42% | 8.21% | 4.37% | 15.23% | 10.09% | 10.08% | 9.81% | 3.31% | 8.96% | -15.36% | 0.8% | 1.35% | 25.93% | 7.71% | -19.62% | -8.02% | 7.26% | -22.84% |
| EBITDA Growth % | -25.9% | 19.41% | 57.11% | -6.73% | -50.33% | 432.15% | 34.31% | 179.83% | 1424.17% | 209.87% | -56.56% | -348.63% | 105.26% | 122.04% | 387.89% | 146.02% | -22.14% | 34.06% | 624% | -95.92% |
| D&A (Non-Cash Add-back) | 1.9M | 810.27K | 734.76K | 847K | 798K | 865K | 877K | 824K | 818K | 554K | 1.06M | 824K | 707K | 602K | 564K | 587K | 580K | 555K | 501K | 489K |
| EBIT | -38.46K | 9.8M | 8.26M | 4.71M | 2.39M | 8.43M | 5.39M | 5.26M | 4.82M | 3.38M | 5.12M | -5.04M | 1.68M | 1.87M | 10.46M | 2.57M | -6.74M | -2.79M | 1.56M | -6.22M |
| Net Interest Income | -404.32K | -183.78K | 195.81K | 542K | 648K | 657K | 623K | 671K | 545K | 1.13M | 1.93M | 2.41M | 2.17M | 1.86M | 1.32M | 368.83K | 19K | 55.81K | -9.93K | -75.36K |
| Interest Income | 231.74K | 314.76K | 298.65K | 568K | 679K | 696K | 670K | 719K | 596K | 1.27M | 2.01M | 2.48M | 2.24M | 1.95M | 1.42M | 439.23K | 110K | 105.64K | 108.26K | 104.11K |
| Interest Expense | 636.07K | 498.55K | 102.85K | 26K | 31K | 39K | 47K | 48K | 51K | 132.56K | 79K | 73K | 75K | 81.12K | 91K | 70.39K | 91K | 49.83K | 118.19K | 179.46K |
| Other Income/Expense | -1.84M | -267.04K | 100.87K | 543K | 649K | 566K | 624K | 685K | 546K | 2.23M | 1.94M | 2.41M | 1.98M | 1.86M | 1.35M | 355K | 40K | 59K | -8K | -54K |
| Pretax Income | -1.88M | 9.3M | 8.15M | 4.68M | 2.36M | 8.39M | 5.34M | 5.21M | 4.77M | 3.31M | 5.04M | -5.12M | 1.61M | 1.78M | 10.37M | 2.46M | -6.83M | -2.89M | 1.46M | -6.4M |
| Pretax Margin % | -2.9% | 14.53% | 13.38% | 7.71% | 4.11% | 14.71% | 9.64% | 9.82% | 9.29% | 6.72% | 10.85% | -11.74% | 3.88% | 4.57% | 28.05% | 7.05% | -21.31% | -9.69% | 5.38% | -24.96% |
| Income Tax | -280.07K | -17.97M | 2.11M | 1.61M | 883K | -3.52M | 382K | 510K | -396K | 88K | 997K | 558K | 363K | 181K | 95K | 359K | 129K | -1.46M | 795K | 793K |
| Effective Tax Rate % | 14.92% | -193.19% | 25.92% | 34.32% | 37.46% | -41.94% | 7.15% | 9.79% | -8.3% | 2.66% | 19.77% | -10.91% | 22.57% | 10.16% | 0.92% | 14.58% | -1.89% | 50.54% | 54.6% | -12.4% |
| Net Income | -1.6M | 27.27M | 6.04M | 3.08M | 1.47M | 11.91M | 4.96M | 4.7M | 5.17M | 3.22M | 4.05M | -5.67M | 1.25M | 1.6M | 10.27M | 2.1M | -6.96M | -1.43M | 661K | -7.19M |
| Net Margin % | -2.47% | 42.6% | 9.91% | 5.06% | 2.57% | 20.88% | 8.95% | 8.86% | 10.06% | 6.54% | 8.7% | -13.02% | 3% | 4.11% | 27.79% | 6.02% | -21.71% | -4.79% | 2.44% | -28.05% |
| Net Income Growth % | -208.32% | 128.93% | 21.82% | -34.53% | -71.48% | 269.65% | 22.54% | 182.8% | 315.18% | 101.38% | -60.61% | -369.81% | 117.89% | 212.04% | 1454.31% | 129.25% | -23.3% | 61.83% | 157.08% | -105.55% |
| Net Income (Continuing) | -1.6M | 27.27M | 6.04M | 3.08M | 1.47M | 11.91M | 4.96M | 4.7M | 5.17M | 3.22M | 4.05M | -5.67M | 1.25M | 1.6M | 10.27M | 2.1M | -6.96M | -1.43M | 661K | -7.19M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.06 | 0.93 | 0.21 | 0.10 | 0.05 | 0.38 | 0.16 | 0.15 | 0.17 | 0.10 | 0.12 | -0.17 | 0.04 | 0.05 | 0.30 | 0.06 | -0.21 | -0.04 | 0.02 | -0.22 |
| EPS Growth % | -219.79% | 144.74% | 31.25% | -33.33% | -72.06% | 280% | 33.33% | 188.24% | 365.75% | 112.31% | -60% | -375.08% | 117.38% | 208.53% | 1400% | 128.09% | -23.53% | 66.62% | 149.75% | -83.33% |
| EPS (Basic) | -0.06 | 0.95 | 0.21 | 0.11 | 0.05 | 0.39 | 0.17 | 0.15 | 0.17 | 0.10 | 0.12 | -0.17 | 0.04 | 0.05 | 0.31 | 0.06 | -0.21 | -0.04 | 0.02 | -0.22 |
| Diluted Shares Outstanding | 28.08M | 29.42M | 29.46M | 30.23M | 30.93M | 30.94M | 30.94M | 31.06M | 31.04M | 32.86M | 33.51M | 33.15M | 34.16M | 34.06M | 34.07M | 34.02M | 33.02M | 32.93M | 34.12M | 32.81M |
| Basic Shares Outstanding | 28.08M | 28.73M | 28.75M | 29.56M | 30.26M | 30.22M | 30.22M | 30.35M | 30.32M | 31.9M | 32.47M | 33.15M | 33.15M | 33.09M | 33.04M | 33.02M | 33.02M | 32.93M | 32.83M | 32.68M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |