Docebo (DCBO) Company Report

Docebo Inc. announced the formal commencement of a substantial issuer bid.
The company will offer to repurchase for cancellation up to 2,941,176 of its outstanding common shares at a price of US$20.40 per Common Share.
The aggregate price for the repurchase will not exceed US$60,000,000.
The offer commenced on February 3, 2026, and is scheduled to expire on March 10, 2026, unless extended, varied, or withdrawn.

3 days ago

6-K

Docebo Commences Substantial Issuer Bid

DCBO

Share Buyback

Docebo Inc. has formally commenced a substantial issuer bid to repurchase up to 2,941,176 of its outstanding common shares.
The company will repurchase shares at a price of US$20.40 per Common Share, for an aggregate amount not exceeding US$60,000,000.
The offer began on February 3, 2026, and is scheduled to expire on March 10, 2026, unless extended, varied, or withdrawn.

3 days ago

Press Release

Docebo Announces Share Buyback and Provides FY26 Guidance

DCBO

Share Buyback

Guidance Update

Debt Issuance

Docebo announced a $60 million fixed-price share buyback at $20.40 per share, which will be partially financed by borrowings.
The company provided Q4 2025 revenue guidance of $62.7–63.0 million and adjusted EBITDA guidance of $12.9–13.2 million.
For FY26, Docebo projects revenue of $267.5–269.5 million and adjusted EBITDA of $52.5–54.5 million, with the adjusted EBITDA guidance running above Street estimates.
Needham analyst Ryan MacDonald reiterated a Buy rating on Docebo, citing the buyback, better-than-expected preliminary Q4 results, and strong guidance as signals of management confidence and solid demand.

Jan 29, 2026, 3:31 PM

Morningstar

Docebo Announces Substantial Issuer Bid, Preliminary Q4 2025 Results, and 2026 Guidance

DCBO

Share Buyback

Earnings

Guidance Update

Docebo Inc. announced a substantial issuer bid to repurchase up to US$60,000,000 of its common shares at a price of US$20.40 per share, representing approximately 10.23% of the total issued and outstanding common shares on a non-diluted basis.
The company reported preliminary unaudited Q4 2025 total revenue between US$62.7 million and US$63 million, an increase of 10% to 11% compared to Q4 2024, and Adjusted EBITDA between US$12.9 million and US$13.2 million, an increase of 36% to 39% compared to Q4 2024.
Annual Recurring Revenue (ARR) is expected to be US$238.1 million as of December 31, 2025, an 8% increase from December 31, 2024.
For the fiscal year ended December 31, 2026, Docebo expects total revenue between US$267.5 million and US$269.5 million and Adjusted EBITDA between US$52.5 million and US$54.5 million.

Jan 29, 2026, 12:45 PM

6-K

Docebo Announces Substantial Issuer Bid, Preliminary Q4 2025 Results, and 2026 Guidance

DCBO

Share Buyback

Guidance Update

Earnings

Docebo Inc. has approved a substantial issuer bid to repurchase up to US$60,000,000 of its common shares at US$20.40 per share, representing approximately 10.23% of total outstanding shares, with its largest shareholder, Intercap Equity Inc., not intending to participate.
For the preliminary unaudited fourth quarter of 2025, Docebo expects total revenue between US$62.7 and US$63 million and Adjusted EBITDA between US$12.9 and US$13.2 million.
Annual Recurring Revenue (ARR) is anticipated to be US$238.1 million as of December 31, 2025.
The company provided financial guidance for fiscal year 2026, projecting total revenue between US$267.5 and US$269.5 million and Adjusted EBITDA between US$52.5 and US$54.5 million.

Jan 29, 2026, 12:30 PM

Press Release

Docebo Acquires 365Talents

DCBO

M&A

New Projects/Investments

Guidance Update

Docebo Inc. acquired 365Talents, an AI-powered skills intelligence and workforce analytics company, to strengthen its ability to identify, develop, and deploy skills and advance its AI-powered workforce readiness approach.
The acquisition involved approximately USD$54.6 million in cash consideration, funded by cash on hand and borrowings under Docebo's existing credit facility, with an additional earn-out of up to USD$5.1 million contingent on financial milestones.
365Talents is projected to generate approximately USD$9 million in revenue from the closing date until December 31, 2026.

Jan 20, 2026, 11:30 AM

Press Release

Docebo Reports Q3 2025 Results with Strong ARR Growth Excluding Dayforce and Early EBITDA Margin Achievement

DCBO

Earnings

Revenue Acceleration/Inflection

Guidance Update

Docebo reported 14% year-over-year ARR growth excluding the Dayforce business for Q3 2025, marking the second consecutive quarter of this growth.
The company achieved a 20% EBITDA margin in Q3 2025, earlier than expected, with a mid-term goal of reaching 25% margin through G&A leverage.
Docebo secured two new federal customers shortly after its May-dated FedRAMP listing, including an expanded account with the Department of Energy and the Air Force Cyber Academy, exceeding initial expectations for federal business wins.
The Dayforce OEM contract is winding down faster than anticipated, projected to represent 3.5-4.5% of total revenues in 2026 and 1-2% in 2027, impacting overall customer counts but improving Average Contract Value (ACV).

Nov 7, 2025, 1:00 PM

Transcript

Docebo Reports Strong Q3 2025 Results and Provides Q4 and Full-Year 2025 Guidance

DCBO

Earnings

Guidance Update

Revenue Acceleration/Inflection

Docebo reported Q3 2025 total revenue of $61.6 million, an 11% increase from the prior year, with subscription revenue growing 10% to $58.0 million.
Net income for Q3 2025 was $6.1 million ($0.21 per share), and Adjusted EBITDA reached $12.4 million, representing 20.1% of total revenue.
Annual Recurring Revenue (ARR) increased by 10.1% to $235.6 million as of September 30, 2025.
The company provided Q4 2025 total revenue guidance between $62.0 million and $62.2 million and FY 2025 total revenue growth guidance of 11.40%.
Working Capital decreased to $5.6 million as of September 30, 2025, from $9.9 million in the prior year, primarily due to cash used for share repurchases.

Nov 7, 2025, 12:24 PM

6-K

Docebo Reports Third Quarter 2025 Results

DCBO

Earnings

Guidance Update

Docebo reported strong financial results for Q3 2025, with total revenue increasing 11% to $61.6 million and subscription revenue growing 10% to $58.0 million.
For Q3 2025, the company achieved net income of $6.1 million ($0.21 per share) and Adjusted Net Income of $9.9 million ($0.34 per share).
Annual Recurring Revenue (ARR) stood at $235.6 million as of September 30, 2025, representing a 10.1% increase from the comparative period in the prior year.
Docebo provided financial guidance for Q4 2025, expecting total revenue between $62.0 million and $62.2 million and Adjusted EBITDA as a percentage of total revenue between 20.5% to 21.0%.
The company revised its fiscal year 2025 guidance, forecasting total revenue growth of 11.40% and subscription revenue growth of 11.75%.