Docebo Raises 2026 Revenue Outlook to $276.7 Million as Q3 Revenue Rises 14.1%

Docebo Inc. raised its 2026 revenue outlook to $276.7 million after third-quarter revenue increased 14.1% to $70.333 million, topping its prior forecast ceiling of $276.5 million.

For the three months ended Sept. 30, revenue increased from $61.622 million a year earlier. Subscription revenue climbed 12.4% to $65.247 million, compared with $58.046 million in the same period of 2025. All figures are in U.S. dollars. Docebo said a stronger U.S. dollar reduced reported revenue growth by about 1 percentage point.

Net income rose to $9.426 million from $6.109 million. Diluted EPS was $0.37; adjusted diluted EPS was $0.55. Basic EPS was $0.38, and adjusted basic EPS was $0.56. Gross margin was 79.3%, down from 80.3% a year earlier.

Docebo’s August forecast put 2026 revenue between $274.5 million and $276.5 million. Its current full-year outlook includes $256.4 million in subscription revenue and $55.8 million in adjusted EBITDA.

For the fourth quarter ending Dec. 31, Docebo expects total revenue of $71.9 million to $72.1 million, subscription revenue of $66.5 million to $66.7 million, and adjusted EBITDA of $16.9 million to $17.1 million.

The company sells cloud-based learning-management software to organizations. Its shares trade on Nasdaq and the Toronto Stock Exchange. President and CEO Alessio Artuffo said, “Docebo delivered another strong quarter, exceeding our revenue and profitability guidance as disciplined execution drives our growth.”