Docebo Inc.
TSX:DCBO.TO · Toronto Stock Exchange
+$0.40 today
Vol 0.03M · Avg 0.11M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
TSX:DCBO.TO · Revenue to Net Income
Key Ratios
Analysis
$250.2M of revenue converted into $34.8M of net income for the selected period. Gross margin is 78.4% and net margin is 13.8%, showing how much revenue survives after costs and taxes. EPS is $1.17, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $246.9M +13.8% | $216.9M +20.0% | $180.8M +26.5% | $142.9M +37.1% | $104.2M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $51.9M +25.8% | $41.3M +19.7% | $34.5M +22.4% | $28.2M +35.6% | $20.8M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $195.0M +11.0% | $175.6M +20.0% | $146.3M +27.5% | $114.7M +37.5% | $83.5M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 79.0% -2.0pp | 81.0% +0.0pp | 80.9% +0.6pp | 80.3% +0.2pp | 80.1% | 9.8% | 28.9% | 38.3% |
| Research & Development | $51.0M +16.1% | $43.9M +23.8% | $35.5M +43.2% | $24.8M +21.7% | $20.4M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $117.1M +7.0% | $109.4M +2.2% | $107.0M +13.2% | $94.5M +27.7% | $74.0M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $170.1M +10.2% | $154.3M +2.9% | $150.1M +23.3% | $121.7M +26.2% | $96.4M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $3.2M -4.2% | $3.4M +7.7% | $3.1M +34.6% | $2.3M +15.6% | $2.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $28.1M +3.2% | $27.3M +229.4% | $8.3M +152.7% | -$15.7M -43.9% | -$10.9M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 11.4% -1.2pp | 12.6% +8.0pp | 4.6% +15.6pp | -11.0% -0.5pp | -10.5% | 5.6% | 46.3% | 42.0% |
| Operating Income | $24.9M +17.0% | $21.3M +673.9% | -$3.7M +46.4% | -$6.9M +46.6% | -$13.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 10.1% +0.3pp | 9.8% +11.9pp | -2.1% +2.8pp | -4.8% +7.6pp | -12.4% | 16.6% | 24.1% | 22.0% |
| Interest Income | $1.9M -29.4% | $2.7M -66.3% | $8.0M +56.4% | $5.1M +1065.4% | $437.0K | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $647.1K +249.8% | $185.0K -37.5% | $296.0K -21.6% | $377.5K -23.6% | $494.0K | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$34.6K -101.4% | $2.4M -71.7% | $8.6M +137.9% | $3.6M +17885.0% | $20.0K | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $24.9M +4.9% | $23.7M +389.3% | $4.8M -37.7% | $7.8M +157.9% | -$13.4M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 10.1% -0.9pp | 10.9% +8.3pp | 2.7% -2.8pp | 5.4% +18.3pp | -12.9% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | -$13.3M -339.8% | -$3.0M -250.7% | $2.0M +162.6% | $764.0K +344.2% | $172.0K | $1.3B | -$1.6B | $745.2M |
| Net Income | $38.2M +42.8% | $26.7M +841.4% | $2.8M -59.5% | $7.0M +151.6% | -$13.6M | $4.9B | $4.8B | $4.7B |
| Net Margin | 15.5% +3.1pp | 12.3% +10.8pp | 1.6% -3.3pp | 4.9% +18.0pp | -13.0% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $1 +51.1% | $1 +1000.0% | $0 -61.9% | $0 +151.2% | -$0 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $1 +51.2% | $1 +920.2% | $0 -59.9% | $0 +151.2% | -$0 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $28.7M -5.5% | $30.4M -14.5% | $35.5M +7.4% | $33.1M +0.6% | $32.9M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $29.4M -5.4% | $31.1M -7.8% | $33.7M -1.1% | $34.0M +3.6% | $32.9M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Abaxx Technologies Inc.
ABXX.NE
$1.36B
Evertz Technologies Limited
TSX:ET.TO
$1.22B
Telesat Corporation
TSX:TSAT.TO
$957.50M
Enghouse Systems Limited
TSX:ENGH.TO
$847.92M
Blackline Safety Corp.
TSX:BLN.TO
$789.13M
Tecsys Inc.
TSX:TCS.TO
$520.01M
Coveo Solutions Inc.
TSX:CVO.TO
$395.38M
Real Matters Inc.
TSX:REAL.TO
$384.06M
Computer Modelling Group Ltd.
TSX:CMG.TO
$297.55M
Quorum Information Technologies Inc.
QIS.V
$58.18M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does DCBO.TO generate?
Docebo Inc. (DCBO.TO) reported $246.94M of revenue in fiscal 2025.
Is DCBO.TO profitable?
Docebo Inc. (DCBO.TO) reported $38.17M of net income, with a net margin of 15.5%.
Explore More
Continue the stock analysis
Jump to another research area for this company.