Docebo Inc. (DCBO)

Docebo Cash Flow 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
Net Income	37.51	26.74	2.84	7.02	-13.6
Depreciation & Amortization	3.19	3.38	3.14	2.33	2.02
Stock-Based Compensation	6	7.33	6.05	4.71	2.26
Other Adjustments	-12.01	-9	-2.57	-14.32	0.58
Change in Receivables	-7.81	-4.47	-3.73	-8.88	-12.32
Changes in Accounts Payable	-1.36	4.52	5.53	4.43	7.57
Changes in Accrued Expenses	0.17	0.25	0.36	0.26	0.33
Changes in Income Taxes Payable	-3.18	-0.29	-0.88	-0.59	-0.25
Changes in Unearned Revenue	12.04	7.14	10.94	12.7	16.88
Changes in Other Operating Activities	-6.38	-6.35	-5.71	-5.38	-6.71
Operating Cash Flow	28.17	29.25	15.96	2.29	-3.25
Operating Cash Flow Growth	-3.68%	83.22%	597.73%	-	-
Capital Expenditures	-0.98	-1.25	-0.64	-1.08	-1.15
Payments for Business Acquisitions	-0.86	-0.25	-8.89	-1.16	-
Investing Cash Flow	-1.84	-1.5	-9.52	-2.25	-1.15
Long-Term Debt Repaid	-	-	-	-	-0.02
Net Long-Term Debt Issued (Repaid)	-	-	-	-	-0.02
Issuance of Common Stock	0.78	3.61	2.17	0.81	1.28
Repurchase of Common Stock	-47.05	-11.02	-159.45	-	-
Net Common Stock Issued (Repurchased)	-46.27	-7.42	-157.28	0.81	1.28
Other Financing Activities	-0.38	0.58	6.28	0.86	-0.84
Financing Cash Flow	-46.65	-6.84	-151	1.67	0.42
Effect of Exchange Rate Changes on Cash and Cash Equivalents	1.81	-0.32	0.22	-0.75	-0.36
Net Cash Flow	-18.5	20.59	-144.34	0.97	-4.34
Free Cash Flow	27.19	28	15.33	1.21	-4.4
Free Cash Flow Growth	-2.90%	82.69%	1170.01%	-	-
FCF Margin	11.20%	12.91%	8.48%	0.84%	-4.22%
Free Cash Flow Per Share	0.93	0.90	0.46	0.04	-0.13
Levered Free Cash Flow	41.01	34.15	15.58	19.7	5.07
Unlevered Free Cash Flow	39.16	31.42	10.57	16.45	5.06

Updated Feb 27, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q