Docebo delivers 14% revenue growth as Q3 profit rises
Key points
- Docebo (NASDAQ:DCBO) reported third-quarter 2026 revenue of $70.3 million, up 14% year over year, while subscription revenue increased 12% to $65.2 million.
- Net income rose to $9.4 million from $6.1 million, while adjusted EBITDA increased 35% to $16.7 million.
- Annual recurring revenue (ARR) reached $261.5 million, up 11%, as Docebo expands its AI-powered workforce learning and skills management platform.
Docebo (NASDAQ:DCBO) reported third-quarter 2026 revenue of $70.3 million, up 14% year over year, as net income increased to $9.4 million and annual recurring revenue reached $261.5 million.
Subscription revenue increased 12% to $65.2 million, while total revenue growth included an approximately one-percentage-point negative currency impact from the stronger US dollar.
Adjusted EBITDA increased to $16.7 million from $12.4 million, representing 23.7% of revenue compared with 20.1% a year earlier, while gross profit rose 13% to $55.8 million and gross margin declined to 79.3% from 80.3%.
Docebo reported $42.5 million in cash and cash equivalents against $88.2 million in borrowings at September 30, 2026, while operating cash flow reached $4.1 million and free cash flow totalled $6.1 million.
Docebo provides cloud-based learning management software that helps businesses train employees, manage professional development and deliver digital learning programmes.
Frequently asked questions
More from United States
Interface posts $366.7 million Q3 sales, reaffirms outlook
Fluor secures record $10.9 billion quarterly project awards
Tesla to wind down Cybertruck production by mid-2027
VEON acquires 33.75% stake in JungoTV portfolio
Oil prices face 12% weekly drop as Middle East risks persist
Palo Alto Networks eyes $500 million Clutch Security acquisition
