The earnings call depicted a company experiencing strong growth and innovation, particularly in AI and government sectors, while facing challenges from leadership changes, AWS contract loss, and a cautious macroeconomic approach impacting guidance.
Company Guidance
During the Docebo Q1 2025 earnings call, several key metrics and guidance insights were discussed. The company reported an increase in ARR from $74 million five years ago to $225 million currently. Leadership transitions were highlighted, with the CRO and CPO roles being replaced to align with Docebo's next growth phase. The impact of macroeconomic factors led to a cautious approach in updating the full-year guidance, focusing on reduced new logo growth assumptions while maintaining expansion and retention projections. Professional services revenue is expected to decline year-over-year, countering the previously predicted flat performance. Notably, AWS's decision not to renew its contract by the end of 2025 was addressed, with AWS representing 1.8% of ARR. Despite this, Docebo's enterprise pipeline remains healthy, although there is some deal elongation. The company's focus on AI enhancements, particularly through their Project Harmony initiative, is anticipated to drive future growth. While the guidance reflects a 9-10% expected growth rate, Docebo remains committed to a balanced growth strategy, emphasizing innovation and strategic investments, including in government go-to-market initiatives following their recent ATO status.
ARR Growth
Docebo's ARR has grown from $74 million five years ago to $225 million currently, indicating significant growth over the period.
Government Market Entry
Docebo received ATO status, unlocking opportunities to bid and win contracts in the government sector with a strong pipeline developing.
AI and Product Development
Docebo is focusing on AI enablement, transforming its LMS into an AI enterprise learning platform with new features like Docebo Creator and agentic automation initiatives.
Financial Position and Flexibility
The company has $90 million in cash, generated $9 million in free cash flow during the quarter, and repurchased $9 million of shares, indicating strong financial health.
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Docebo (TSE:DCBO) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:DCBO Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 09, 2025
C$44.56
C$36.94
-17.10%
Feb 28, 2025
C$53.85
C$46.40
-13.83%
Nov 08, 2024
C$70.92
C$71.55
+0.89%
Aug 08, 2024
C$50.02
C$57.17
+14.29%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Docebo (TSE:DCBO) report earnings?
Docebo (TSE:DCBO) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Docebo (TSE:DCBO) earnings time?
Docebo (TSE:DCBO) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.