Docebo, Inc. ( (DCBO) ) has released its Q2 earnings. Here is a breakdown of the information Docebo, Inc. presented to its investors.
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Docebo Inc., a prominent provider of AI-driven learning platforms, has reported its financial results for the second quarter of 2025, showcasing its continued growth and strategic advancements in the e-learning sector. The company, known for its innovative approach to learning management, has made significant strides in expanding its market reach and enhancing its product offerings.
In the second quarter of 2025, Docebo exceeded its revenue and profitability expectations, despite the challenging macroeconomic environment. The company reported a total revenue of $60.7 million, marking a 14% increase from the previous year, with subscription revenue accounting for 94% of this total. The company also highlighted its strategic focus on AI and leadership strengthening, including the appointment of a new Chief Revenue Officer and achieving FedRAMP Moderate Authorization.
Key financial metrics for the quarter include a gross profit of $49.1 million, a 15% increase year-over-year, and an adjusted net income of $8.9 million, up from $7.9 million in the previous year. The company also reported an annual recurring revenue of $233.1 million, reflecting a 13.2% increase. Notable customer acquisitions included a major U.S. technology leader and Big Brothers Big Sisters of America, demonstrating Docebo’s ability to attract diverse clients across various sectors.
Looking ahead, Docebo’s management remains optimistic about the company’s growth trajectory, projecting total revenue between $61.0 million and $61.2 million for the next quarter and maintaining a strong focus on subscription revenue growth. The company aims to continue leveraging its AI capabilities and expanding its market presence to drive sustainable long-term growth.