Docebo’s Third-Quarter Profit Climbs as Revenue Rises 14%

Revenue rose 14% to $70.3 million, compared with analysts’ expectation of $69.7 million. Subscription revenue, the company’s largest source of sales, increased 12% to $65.2 million. Professional services revenue climbed 42% to $5.1 million.

The Canadian enterprise learning-software provider’s net income was up from $6.1 million, or 21 cents a share, in the same quarter a year earlier. Docebo said it was securing larger contracts: average contract value reached $77,900, compared with $62,800 a year before.

Chief Executive Alessio Artuffo said enterprises and mid-market organizations were embedding AI across their operations and working with Docebo to connect learning, skills intelligence and agentic AI to build more capable, informed and adaptable teams.