profit from every $100 of sales.
$0$100
Docebo
$32.48-1.31% today
+37.9% in 1 year
1-year low $14.701-year high $32.91
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $21.63 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Docebo sold, what it kept, and what it did with the cash.
Sales went from $143 million in 2022 to $243 million in 2025, with $37.5 million of profit last year.
SalesProfit
Docebo handed back more cash to shareholders than it generated last year.
Buybacks $47M
Free cash flow 2025$27M
Bought back its own shares$47M
Paid as dividends–
Cash vs. debt$74M vs. $3M
Docebo vs. similar companies
Docebo grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Docebo | 21.6× · Fair price | ||
 SAP | 34.3× · Expensive | ||
 Quhuo | No profit yet | ||
 Shopify | 153.4× · Very expensive | ||
 Salesforce | 24.0× · Fair price |
AI analysis
An AI analyst reads Docebo's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 143 | 181 | 217 | 243 | |
| 115 | 146 | 176 | 195 | |
| -7 | 1 | 19 | 24 | |
| 10 | 8 | 27 | 28 | |
| 7 | 3 | 27 | 38 | |
| 0.21 | 0.08 | 0.86 | 1.28 | |
| 80.3% | 80.9% | 81.0% | 80.3% | |
| -4.8% | 0.4% | 8.7% | 10.1% | |
| 4.9% | 1.6% | 12.3% | 15.5% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 284 | 158 | 191 | 207 |
| Cash | 216 | 72 | 93 | 74 |
| Total debt | 3 | 2 | 1 | 3 |
| Total liabilities | 91 | 108 | 133 | 133 |
| 192 | 51 | 58 | 74 | |
| 34 | 34 | 31 | 29 | |
| 3.3% | 7.7% | 31.9% | 25.3% | |
| 3.7% | 5.6% | 46.3% | 50.6% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2 | 16 | 29 | 28 | |
| 1 | 1 | 1 | 1 | |
| 1 | 15 | 28 | 27 | |
| Dividends paid | – | – | – | – |
| 0 | 159 | 11 | 47 | |
| 5 | 6 | 7 | 6 |
Valuation
- 21.6×
- 19.9×
- 0.26
- -789.1×
- 3.3×
- 29.8×
- 26.6×
- 3.4%
- 4.6%
- 0.0%
Profitability
- 80.3%
- 10.1%
- 15.5%
- 10.1%
- 24.0%
- 19.0%
- 89.8%
- 13.5%
- 24.4%
- 20.8%
Growth
- +19.3%
- +82.7%
- +3.9%
- –
- −3.3%
Financial health
- 0.8×
- -136.04
- 33.0%
- 30.7×
- 0.79
- 0.79
- 0.99
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 10%of 969
Top 47%of 976
Top 34%of 740
Top 27%of 978
Top 42%of 983
What analysts expect
- Average price target
- $31.17
- Range
- $25.00 – $38.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 8, 2026 | 0.34 | 0.33 | +3.0% |
| Feb 27, 2026 | 0.45 | 0.35 | +29.9% |
| Nov 7, 2025 | 0.34 | 0.33 | +3.0% |
| Aug 8, 2025 | 0.29 | 0.20 | +45.0% |
| May 9, 2025 | 0.27 | 0.21 | +28.6% |
| Feb 28, 2025 | 0.28 | 0.33 | −15.2% |
| Nov 8, 2024 | 0.27 | 0.25 | +8.0% |
| Aug 8, 2024 | 0.26 | 0.24 | +8.3% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
63Pass
Benjamin Graham
36No pass
Philip Fisher
90Pass
Peter Lynch
100Pass
Joel Greenblatt
29No pass
Charlie Munger
73Pass
Terry Smith
65Pass
Questions about Docebo
Is Docebo a good stock to buy?
A solid business at a fair price. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Docebo AI analysis
What does Docebo do?
Docebo Inc. provides a cloud-based learning management system to train internal and external workforces, partners, and customers in North America, Europe, and the Asia-Pacific region. It is in Software - Application.
Does Docebo pay a dividend?
No. Docebo does not pay a dividend at the moment; in 2025 it returned $47.1 million to shareholders by buying back its own shares.
Is Docebo stock halal?
Yes. Docebo passes our halal screen: its business is permitted and its debt is 0.3% of its market value, under the 30% limit. How we check
How has Docebo stock done over the past year?
Up 37.9% over the past twelve months, to $32.48. It traded between $14.70 and $32.91, close to its high.
Who are Docebo's competitors?
The largest listed companies in the same industry are SAP, Quhuo, Shopify and Salesforce. The peers table on this page compares their profit, growth and price with Docebo's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.