# Cornerstone OnDemand and Docebo

> Cornerstone OnDemand and Docebo sell enterprise learning platforms, but their ownership structures now tell two different market stories. Clearlake Capital took Cornerstone private in 2021 in a $5.2 billion transaction, giving the larger company room to consolidate products and expand into workforce intelligence without quarterly disclosure. Docebo remains listed on Nasdaq and the Toronto Stock Exchange, so its recurring revenue, customer mix, margins and buybacks have become a rare public readout on the economics of pure-play learning software.

## Achievements

- Cornerstone says it serves approximately 7,000 organizations and more than 140 million users across 186 countries.
- Docebo grew fiscal 2025 revenue to $242.7 million, with subscriptions providing 94% of revenue.
- Docebo reached $248.9 million in ARR at March 31, 2026, up 10.6% year over year.
- Cornerstone expanded from learning management into a broader workforce-readiness platform through product development and acquisitions.
- Docebo built a dual public listing on Nasdaq and the Toronto Stock Exchange.

## Latest updates

- **2026-07** — Docebo announced a tender offer to repurchase up to $70 million of shares at $20.40 each and published preliminary second-quarter results, including expected ARR of $255.1 million.
- **2026-05** — Cornerstone launched Workforce AI, built around its People Graph, Skills Engine and readiness agents.
- **2026-05** — Docebo reported first-quarter revenue of $65.6 million and ARR of $248.9 million.
- **2026-04** — Docebo launched AgentHub and positioned its platform around skills intelligence, enterprise knowledge and agentic AI.

## Links

- Website: https://www.docebo.com/
- LinkedIn: https://www.linkedin.com/company/docebo
- Twitter/X: https://twitter.com/Docebo
- YouTube: https://www.youtube.com/user/DoceboElearning
- Instagram: https://www.instagram.com/docebo/
- Facebook: https://www.facebook.com/Docebo

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Published by YesPress — https://yespress.io
Last updated: 2026-08-15