Docebo Inc. (TSX:DCBO)

Docebo Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	242.69	216.93	180.84	142.91	104.24
Revenue Growth (YoY)	11.87%	19.96%	26.54%	37.10%	65.68%
Cost of Revenue	47.85	41.3	34.5	28.18	20.79
Gross Profit	194.84	175.64	146.34	114.73	83.46
Selling, General & Admin	111.05	102.11	100.99	89.84	71.79
Depreciation & Amortization Expenses	3.19	3.38	3.14	2.33	2.02
Research & Development	50.12	43.91	35.48	24.78	20.36
Other Operating Expenses	7.24	4.95	10.44	-6.4	2.73
Total Operating Expenses	171.6	154.34	150.05	110.55	96.91
Operating Income	23.24	21.29	-3.71	4.19	-13.45
Total Non-Operating Income (Expense)	1.21	2.42	8.56	3.43	0.02
Pretax Income	24.45	23.71	4.85	7.78	-13.43
Provision for Income Taxes	-13.07	-3.02	2.01	0.76	0.17
Net Income	37.51	26.74	2.84	7.02	-13.6
Net Income to Common	37.51	26.74	2.84	7.02	-13.6
Net Income Growth	40.30%	841.41%	-59.53%	-	-
Shares Outstanding (Basic)	29	30	33	33	33
Shares Outstanding (Diluted)	29	31	34	33	33
Shares Change (YoY)	-5.22%	-7.99%	1.85%	0.61%	-99.89%
EPS (Basic)	1.31	0.88	0.09	0.21	-0.41
EPS (Diluted)	1.28	0.86	0.08	0.21	-0.41
EPS Growth	48.84%	975.00%	-61.91%	-	-
Free Cash Flow	27.19	28	15.33	1.21	-4.4
Free Cash Flow Growth	-2.90%	82.69%	1170.01%	-	-
Free Cash Flow Per Share	0.93	0.90	0.46	0.04	-0.13
Gross Margin	80.28%	80.96%	80.92%	80.28%	80.06%
Operating Margin	9.57%	9.82%	-2.05%	2.93%	-12.90%
Profit Margin	15.46%	12.32%	1.57%	4.91%	-13.05%
FCF Margin	11.20%	12.91%	8.48%	0.84%	-4.22%
EBITDA	26.42	24.68	-0.57	6.52	-11.43
EBITDA Margin	10.89%	11.38%	-0.31%	4.56%	-10.96%
EBIT	23.24	21.29	-3.71	4.19	-13.45
EBIT Margin	9.57%	9.82%	-2.05%	2.93%	-12.90%
Effective Tax Rate	-53.45%	-12.75%	41.39%	9.82%	-1.28%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.