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Docebo vs Vtex

Docebo and Vtex are similar in size: $243m and $241m of revenue in their latest fiscal years. Docebo grew faster (11.9% against 6.1%). Docebo kept more of each dollar of sales as profit: a net margin of 15.5% against 8.3%. Docebo carries less debt relative to equity (0.0% against 0.0%).

Latest fiscal yearDoceboDCBO, 2025VtexVTEX, 2025
Revenue $243m $241m
Revenue growth 11.9% 6.1%
Net income $37.5m $20.0m
Operating margin 9.6% 7.5%
Net margin 15.5% 8.3%
Return on equity 56.9% 8.2%
Free cash flow $27.2m $32.3m
Cash $74.0m $15.7m
Total debt $0 $0
Debt to equity 0.0% 0.0%
Dividend per share — —
Dividend yield — —
Share buybacks — $59.1m
Employees — —
Market value $876m $734,883
Price vs our value range Within our value range —
Moat score — —
Insider trades, 12 months 0 buys, 0 sales 0 buys, 57 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.