Docebo Inc. income statement
In fiscal 2025, Docebo Inc. reported revenue of $243m, up 11.9% on the year before, operating income of $23.2m (a 9.6% margin) and net income of $37.5m, or $1.28 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 41 | 63 | 104 | 143 | 181 | 217 | 243 |
| Cost of revenue | 8 | 12 | 21 | 28 | 34 | 41 | 48 |
| Gross profit | 33 | 51 | 83 | 115 | 146 | 176 | 195 |
| Research and development | 9 | 13 | 20 | 25 | 35 | 44 | 50 |
| Operating income | −10 | −8 | −13 | 4 | −4 | 21 | 23 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | −11 | −8 | −13 | 8 | 5 | 24 | 24 |
| Income tax | 1 | 0 | 0 | 1 | 2 | −3 | −13 |
| Net income | −12 | −8 | −14 | 7 | 3 | 27 | 38 |
| Diluted EPS | −$0.49 | −$0.28 | −$0.41 | $0.21 | $0.08 | $0.86 | $1.28 |
| Diluted shares (average) | 24m | 29m | 33m | 34m | 34m | 31m | 29m |
| EBITDA | −9 | −6 | −11 | 7 | −1 | 25 | 26 |
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