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DigitalOcean Holdings, Inc.(DOCN)Earnings, Financials & Key Ratios
DOCN•NYSE
$161.01
$16.49B mkt cap·63.9× P/E·Price updated May 6, 2026
AboutDigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. Its platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and medium size businesses. The company offers infrastructure solutions across compute, storage, and networking, as well as enables developers to extend the native capabilities of its cloud with fully managed application, container, and database offerings. Its users include software engineers, researchers, data scientists, system administrators, students, and hobbyists. The company's customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and others. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York.Show more
- Revenue$901M+15.5%
- EBITDA$294M+33.2%
- Net Income$259M+206.8%
- EPS (Diluted)2.52+183.1%
- Gross Margin59.86%+0.3%
- EBITDA Margin32.66%+15.3%
- Operating Margin17.42%+49.4%
- Net Margin28.76%+165.7%
- ROIC15.58%+138.4%
- Interest Coverage12.52+6.8%
DOCN Key Insights
DigitalOcean Holdings, Inc. (DOCN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 7/9
- ✓FCF machine: 18.8% free cash flow margin
- ✓Momentum leader: RS Rating 97 (top 3%)
- ✓Strong 5Y sales CAGR of 23.1%
- ✓Trading near 52-week high
✗Weaknesses
- ✗Shares diluted 11.5% in last year
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
DOCN Price & Volume
DigitalOcean Holdings, Inc. (DOCN) stock price & volume — 10-year historical chart
Loading chart...
DOCN Growth Metrics
DigitalOcean Holdings, Inc. (DOCN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years23.14%
3 Years16.08%
TTM17.61%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM134.24%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM112.96%
Return on Capital
10 Years-2.24%
5 Years3.43%
3 Years6.5%
Last Year11.91%
DOCN Recent Earnings
DigitalOcean Holdings, Inc. (DOCN) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 5, 2026EPS
$0.44
Est $0.27
+63.0%
Revenue
$258M
Est $250M
+3.3%
Q1 2026
Feb 24, 2026EPS
$0.44
Est $0.38
+15.8%
Revenue
$242M
Est $238M
+2.0%
Q4 2025
Nov 5, 2025EPS
$0.33
Est $0.31
+6.5%
Revenue
$230M
Est $238M
-3.4%
Q3 2025
Aug 5, 2025EPS
$0.59
Est $0.47
+25.5%
Revenue
$219M
Est $226M
-3.4%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $0.44vs $0.27+63.0% | $258Mvs $250M+3.3% |
| Q1 2026 | Feb 24, 2026 | $0.44vs $0.38+15.8% | $242Mvs $238M+2.0% |
| Q4 2025 | Nov 5, 2025 | $0.33vs $0.31+6.5% | $230Mvs $238M-3.4% |
| Q3 2025 | Aug 5, 2025 | $0.59vs $0.47+25.5% | $219Mvs $226M-3.4% |
Based on last 12 quarters of dataView full earnings history →
DOCN Peer Comparison
DigitalOcean Holdings, Inc. (DOCN) competitors in Cloud infrastructure and hosting — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 FSLY | 4.94B | 31.57 | -38.04 | 14.78% | -15.79% | -10.89% | 0.46 | |
 NET | 87.85B | 248.59 | -857.21 | 29.85% | -4.72% | -7.48% | 2.54 | |
 AKAM | 18.3B | 121.99 | 37.31 | 4.7% | 10.74% | 9.08% | 0.95 | |
 BAND | 1.49B | 46.45 | -108.02 | 0.71% | 1.96% | 4.04% | 1.75 | |
 AMZN | 2.96T | 274.95 | 38.35 | 12.38% | 12.22% | 23.34% | 0.37 | |
 MSFT | 3.07T | 413.87 | 30.34 | 14.93% | 39.34% | 33.13% | 0.33 | |
 GOOGL | 4.81T | 397.82 | 36.80 | 15.13% | 37.91% | 38.98% | 0.14 | |
 IBM | 211.75B | 225.74 | 20.21 | 7.62% | 15.61% | 35.44% | 2.05 |
Compare DOCN vs Peers
DigitalOcean Holdings, Inc. (DOCN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
DOCN Income Statement
DigitalOcean Holdings, Inc. (DOCN) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 203.14M | 254.82M | 318.38M | 428.56M | 576.32M | 692.88M | 780.62M | 901.43M | 948.63M |
| Revenue Growth % | - | 25.44% | 24.94% | 34.61% | 34.48% | 20.23% | 12.66% | 15.48% | 17.61% |
| Cost of Goods Sold | 97.04M | 122.26M | 145.53M | 170.59M | 211.93M | 283.97M | 314.67M | 361.83M | 393.77M |
| COGS % of Revenue | 47.77% | 47.98% | 45.71% | 39.81% | 36.77% | 40.98% | 40.31% | 40.14% | - |
| Gross Profit | 106.09M▲ 0% | 132.56M▲ 24.9% | 172.85M▲ 30.4% | 257.97M▲ 49.2% | 364.39M▲ 41.3% | 408.92M▲ 12.2% | 465.94M▲ 13.9% | 539.59M▲ 15.8% | 554.86M▲ 0% |
| Gross Margin % | 52.23% | 52.02% | 54.29% | 60.19% | 63.23% | 59.02% | 59.69% | 59.86% | 58.49% |
| Gross Profit Growth % | - | 24.95% | 30.39% | 49.24% | 41.26% | 12.22% | 13.95% | 15.81% | - |
| Operating Expenses | 133.39M | 162.47M | 188.64M | 269.15M | 390.09M | 397.02M | 374.94M | 382.6M | 398.94M |
| OpEx % of Revenue | 65.66% | 63.76% | 59.25% | 62.8% | 67.69% | 57.3% | 48.03% | 42.44% | - |
| Selling, General & Admin | 88.45M | 102.5M | 113.67M | 153.47M | 246.21M | 235.77M | 232.44M | 220.98M | 228.08M |
| SG&A % of Revenue | 43.54% | 40.22% | 35.7% | 35.81% | 42.72% | 34.03% | 29.78% | 24.51% | - |
| Research & Development | 44.93M | 59.97M | 74.97M | 115.68M | 143.88M | 140.37M | 142.5M | 161.62M | 170.86M |
| R&D % of Revenue | 22.12% | 23.54% | 23.55% | 26.99% | 24.97% | 20.26% | 18.25% | 17.93% | - |
| Other Operating Expenses | -622K | 0 | 0 | 0 | 0 | 20.89M | 0 | 0 | 0 |
| Operating Income | -27.29M▲ 0% | -29.91M▼ 9.6% | -15.79M▲ 47.2% | -11.19M▲ 29.2% | -25.7M▼ 129.7% | 11.9M▲ 146.3% | 91.01M▲ 665.0% | 156.99M▲ 72.5% | 155.92M▲ 0% |
| Operating Margin % | -13.44% | -11.74% | -4.96% | -2.61% | -4.46% | 1.72% | 11.66% | 17.42% | 16.44% |
| Operating Income Growth % | - | -9.57% | 47.2% | 29.16% | -129.72% | 146.29% | 665.02% | 72.5% | - |
| EBITDA | 25.12M | 33.18M | 59.78M | 77.19M | 76.53M | 129.76M | 221.06M | 294.44M | 314.93M |
| EBITDA Margin % | 12.37% | 13.02% | 18.78% | 18.01% | 13.28% | 18.73% | 28.32% | 32.66% | 33.2% |
| EBITDA Growth % | - | 32.06% | 80.2% | 29.11% | -0.84% | 69.55% | 70.36% | 33.19% | 28.81% |
| D&A (Non-Cash Add-back) | 52.41M | 63.08M | 75.57M | 88.37M | 102.23M | 117.87M | 130.05M | 137.45M | 159.01M |
| EBIT | -28.47M | -30.24M | -29.05M | -14.46M | -15.49M | 35.72M | 106.81M | 224.6M | 177.42M |
| Net Interest Income | -6.31M | -9.36M | -13.61M | -3.58M | 2.22M | 14.88M | 6.69M | -17.94M | 18.43M |
| Interest Income | 0 | 0 | 0 | 164K | 10.62M | 23.82M | 15.8M | 0 | 30.57M |
| Interest Expense | 6.31M | 9.36M | 13.61M | 3.74M | 8.4M | 8.95M | 9.11M | 17.94M | 1.59M |
| Other Income/Expense | -7.48M | -9.69M | -26.87M | -7.01M | 1.81M | 14.88M | 6.69M | 49.67M | 33.86M |
| Pretax Income | -34.78M▲ 0% | -39.6M▼ 13.9% | -42.66M▼ 7.7% | -18.2M▲ 57.3% | -23.89M▼ 31.2% | 26.78M▲ 212.1% | 97.7M▲ 264.9% | 206.66M▲ 111.5% | 189.78M▲ 0% |
| Pretax Margin % | -17.12% | -15.54% | -13.4% | -4.25% | -4.14% | 3.86% | 12.52% | 22.93% | 20.01% |
| Income Tax | 1.22M | 793K | 911K | 1.3M | 3.92M | 7.37M | 13.21M | -52.6M | -64.5M |
| Effective Tax Rate % | -3.51% | -2% | -2.14% | -7.15% | -16.41% | 27.51% | 13.52% | -25.45% | -33.99% |
| Net Income | -36M▲ 0% | -40.39M▼ 12.2% | -43.57M▼ 7.9% | -19.5M▲ 55.2% | -27.8M▼ 42.6% | 19.41M▲ 169.8% | 84.49M▲ 335.3% | 259.26M▲ 206.8% | 254.28M▲ 0% |
| Net Margin % | -17.72% | -15.85% | -13.68% | -4.55% | -4.82% | 2.8% | 10.82% | 28.76% | 26.8% |
| Net Income Growth % | - | -12.2% | -7.87% | 55.24% | -42.56% | 169.81% | 335.32% | 206.85% | 134.24% |
| Net Income (Continuing) | -36M | -40.39M | -43.57M | -19.5M | -27.8M | 19.41M | 84.49M | 259.26M | 254.28M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.41▲ 0% | -0.38▲ 7.3% | -0.41▼ 7.9% | -0.18▲ 56.1% | -0.24▼ 33.3% | 0.20▲ 183.3% | 0.89▲ 345.0% | 2.52▲ 183.1% | 2.27▲ 0% |
| EPS Growth % | - | 7.32% | -7.89% | 56.1% | -33.33% | 183.33% | 345% | 183.15% | 112.96% |
| EPS (Basic) | -0.41 | -0.38 | -0.41 | -0.18 | -0.24 | 0.22 | 0.92 | 2.83 | - |
| Diluted Shares Outstanding | 87.13M | 105.3M | 105.3M | 107.21M | 100.81M | 96.42M | 94.5M | 105.34M | 111.92M |
| Basic Shares Outstanding | 87.13M | 105.3M | 105.3M | 107.21M | 100.81M | 90.14M | 91.63M | 91.48M | 93.04M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
DOCN Balance Sheet
DigitalOcean Holdings, Inc. (DOCN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 50.52M | 60.62M | 147.95M | 1.77B | 945.99M | 502.99M | 541.72M | 426.98M | 944.29M |
| Cash & Short-Term Investments | 29.98M | 32.91M | 100.31M | 1.71B | 864.23M | 411.77M | 428.45M | 254.47M | 741.36M |
| Cash Only | 29.98M | 32.91M | 100.31M | 1.71B | 140.77M | 317.24M | 428.45M | 254.47M | 741.36M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 723.46M | 94.53M | 0 | 0 | 0 |
| Accounts Receivable | 16.41M | 20.75M | 28.1M | 39.62M | 53.83M | 62.19M | 91.11M | 90.91M | 105.46M |
| Days Sales Outstanding | 29.48 | 29.72 | 32.21 | 33.74 | 34.09 | 32.76 | 42.6 | 36.81 | 34.82 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 4.17M | 0 | 0 | -561K | 29.04M | 4.62M | 81.6M | 97.47M |
| Total Non-Current Assets | 194.54M | 241.86M | 282.3M | 330.94M | 869.64M | 957.97M | 1.1B | 1.41B | 1.63B |
| Property, Plant & Equipment | 175.44M | 178.84M | 238.96M | 249.64M | 426.87M | 460.64M | 620.42M | 859.95M | 1.08B |
| Fixed Asset Turnover | 1.16x | 1.42x | 1.33x | 1.72x | 1.35x | 1.50x | 1.26x | 1.05x | 1.09x |
| Goodwill | 0 | 2.67M | 2.67M | 32.17M | 315.17M | 348.32M | 348.67M | 348.67M | 350.65M |
| Intangible Assets | 34.36M | 56.91M | 34.65M | 42.91M | 118.93M | 140.15M | 117.72M | 99.5M | 97.69M |
| Long-Term Investments | 3.58M | 0 | 0 | 0 | 0 | 0 | 1.75M | 0 | 0 |
| Other Non-Current Assets | -18.97M | 3.44M | 5.94M | 6.12M | 7.92M | 6.86M | 8.54M | 12.29M | 53.01M |
| Total Assets | 245.06M▲ 0% | 302.49M▲ 23.4% | 430.25M▲ 42.2% | 2.1B▲ 388.3% | 1.82B▼ 13.6% | 1.46B▼ 19.5% | 1.64B▲ 12.2% | 1.84B▲ 12.1% | 2.57B▲ 0% |
| Asset Turnover | 0.83x | 0.84x | 0.74x | 0.20x | 0.32x | 0.47x | 0.48x | 0.49x | 0.48x |
| Asset Growth % | - | 23.44% | 42.24% | 388.32% | -13.58% | -19.53% | 12.19% | 12.12% | 93.65% |
| Total Current Liabilities | 63.52M | 72.54M | 84.78M | 58.24M | 165.52M | 192.65M | 220.96M | 619.46M | 646.97M |
| Accounts Payable | 13.73M | 27.24M | 12.43M | 12.66M | 21.14M | 3.96M | 54.56M | 38.84M | 31.89M |
| Days Payables Outstanding | 51.66 | 81.31 | 31.18 | 27.08 | 36.41 | 5.09 | 63.29 | 39.18 | 39.32 |
| Short-Term Debt | 23.25M | 14.22M | 17.47M | 0 | 0 | 0 | 0 | 464.56M | 480.14M |
| Deferred Revenue (Current) | 3.51M | 0 | 4.87M | 4.83M | 5.55M | 5.34M | 5.4M | 5.88M | 32.02M |
| Other Current Liabilities | 13.67M | 18.5M | 15.23M | 2.09M | 6.56M | 15.99M | 3.65M | 110.19M | 128.65M |
| Current Ratio | 0.80x | 0.84x | 1.75x | 30.39x | 5.72x | 2.61x | 2.45x | 0.69x | 0.69x |
| Quick Ratio | 0.80x | 0.84x | 1.75x | 30.39x | 5.72x | 2.61x | 2.45x | 0.69x | 0.69x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | -4.5 |
| Total Non-Current Liabilities | 115.14M | 178.96M | 417.56M | 1.46B | 1.6B | 1.58B | 1.62B | 1.25B | 1.04B |
| Long-Term Debt | 107.99M | 173.04M | 242.22M | 1.46B | 1.47B | 1.48B | 1.49B | 266M | 419.45M |
| Capital Lease Obligations | 3.8M | 2.86M | 0 | 0 | 107.69M | 91.16M | 130.43M | 0 | 336.44M |
| Deferred Tax Liabilities | 87K | 0 | 211K | 421K | 20.76M | 3.53M | 4.12M | 4.09M | 17.17M |
| Other Non-Current Liabilities | 3.35M | 3.06M | 175.13M | 1.46M | 3.83M | 9.53M | 1.09M | 976.84M | 1.61B |
| Total Liabilities | 178.66M | 251.5M | 502.35M | 1.52B | 1.77B | 1.77B | 1.84B | 1.87B | 1.68B |
| Total Debt | 135.93M | 191.06M | 259.68M | 1.46B | 1.64B | 1.66B | 1.7B | 730.55M | 899.59M |
| Net Debt | 105.95M | 158.15M | 159.37M | -250.71M | 1.49B | 1.34B | 1.27B | 476.08M | 158.23M |
| Debt / Equity | - | 3.75x | - | 2.53x | 34.38x | - | - | - | 1.01x |
| Debt / EBITDA | 5.41x | 5.76x | 4.34x | 18.95x | 21.37x | 12.76x | 7.67x | 2.48x | 2.86x |
| Net Debt / EBITDA | 4.22x | 4.77x | 2.67x | -3.25x | 19.53x | 10.31x | 5.73x | 1.62x | 1.62x |
| Interest Coverage | -4.51x | -3.23x | -2.13x | -3.86x | -1.84x | 3.99x | 11.72x | 12.52x | 111.80x |
| Total Equity | -56.86M▲ 0% | 50.98M▲ 189.7% | -72.09M▼ 241.4% | 578.2M▲ 902.0% | 47.57M▼ 91.8% | -313.7M▼ 759.5% | -202.96M▲ 35.3% | -28.69M▲ 85.9% | 887.38M▲ 0% |
| Equity Growth % | - | 189.66% | -241.41% | 902% | -91.77% | -759.46% | 35.3% | 85.86% | 705% |
| Book Value per Share | -0.65 | 0.48 | -0.68 | 5.39 | 0.47 | -3.25 | -2.15 | -0.27 | 7.93 |
| Total Shareholders' Equity | -56.86M | 50.98M | -72.09M | 578.2M | 47.57M | -313.7M | -202.96M | -28.69M | 887.38M |
| Common Stock | 1K | 1K | 1K | 2K | 2K | 2K | 2K | 2K | 2K |
| Retained Earnings | -83.08M | -123.47M | -167.03M | -186.54M | -214.34M | -344.24M | -258.74M | -43.74M | -27.97M |
| Treasury Stock | -4.6M | -4.6M | -4.6M | -4.6M | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -53K | -112K | -245K | -374K | -2.05M | -452K | -1.5M | -960K | -1.58M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
DOCN Cash Flow Statement
DigitalOcean Holdings, Inc. (DOCN) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 37.95M | 39.9M | 58.46M | 133.11M | 195.15M | 234.94M | 282.73M | 309.6M | 309.6M |
| Operating CF Margin % | 18.68% | 15.66% | 18.36% | 31.06% | 33.86% | 33.91% | 36.22% | 34.35% | - |
| Operating CF Growth % | - | 5.13% | 46.5% | 127.71% | 46.61% | 20.39% | 20.34% | 9.51% | -53.97% |
| Net Income | -36M | -40.39M | -43.57M | -19.5M | -24.28M | 19.41M | 84.49M | 259.26M | 254.28M |
| Depreciation & Amortization | 52.41M | 62.85M | 75.57M | 88.37M | 102.23M | 117.87M | 130.05M | 137.45M | 108.24M |
| Stock-Based Compensation | 12.17M | 0 | 29.46M | 61.58M | 105.83M | 88.35M | 90.55M | 80.31M | 41.08M |
| Deferred Taxes | -59K | -8K | 71K | 9.18M | -4.38M | -886K | 2.34M | -71.24M | -71.24M |
| Other Non-Cash Items | 12.13M | 20.27M | 26.55M | 1.48M | 29.95M | 32.65M | 32.6M | -44.8M | 17.08M |
| Working Capital Changes | -2.7M | -2.82M | -29.63M | -7.99M | -14.19M | -22.44M | -57.3M | -51.38M | -66.63M |
| Change in Receivables | -10.79M | -4.34M | -18.45M | -20.73M | -26.64M | -22.67M | -26.75M | -36.21M | -27.89M |
| Change in Inventory | 0 | 0 | 0 | -9.32M | 0 | -9.59M | 0 | 0 | 0 |
| Change in Payables | 10.05M | 3.95M | 0 | 9.32M | 5.5M | -11.08M | 7.42M | 12.28M | 23.77M |
| Cash from Investing | -61.25M | -87.38M | -115.63M | -113.61M | -1.15B | 401.15M | -94.81M | -268.29M | -203.31M |
| Capital Expenditures | -61.25M | -84.5M | -115.81M | -109.1M | -120.22M | -124.81M | -186.52M | 0 | -211.71M |
| CapEx % of Revenue | 30.15% | 33.16% | 36.37% | 25.46% | 20.86% | 18.01% | 23.89% | 15.51% | - |
| Acquisitions | 0 | -2.88M | 0 | -5M | -305.17M | -99.02M | 43K | 0 | -3.88M |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -22.91M | 0 | 173K | 494K | -4.42M | -2.26M | 0 | -268.29M | 12.29M |
| Cash from Financing | -14.25M | 49.8M | 124.03M | 1.59B | -610.36M | -468.9M | -76.45M | -216.91M | -153.81M |
| Debt Issued (Net) | -27.43M | 32.49M | 53.92M | 1.2B | 0 | -2.26M | -5.47M | -114.38M | -491.11M |
| Equity Issued (Net) | 5.2M | 5.82M | 48.41M | 374.38M | -600M | -488.45M | -59.79M | -73.12M | -19.5M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -1.4M | -350M | -600M | -488.45M | -59.79M | -82.12M | -20.35M |
| Other Financing | 7.98M | 11.49M | 21.7M | 20.15M | -10.36M | 21.81M | -11.18M | -29.41M | 356.79M |
| Net Change in Cash | -37.55M▲ 0% | 2.92M▲ 107.8% | 66.65M▲ 2180.2% | 1.61B▲ 2319.9% | -1.56B▼ 196.9% | 167.18M▲ 110.7% | 111.21M▼ 33.5% | -173.97M▼ 256.4% | 380.94M▲ 0% |
| Free Cash Flow | -23.3M▲ 0% | -30.54M▼ 31.1% | -57.35M▼ 87.8% | 24.02M▲ 141.9% | 74.94M▲ 212.0% | 110.13M▲ 47.0% | 96.2M▼ 12.6% | 169.75M▲ 76.5% | 37.88M▲ 0% |
| FCF Margin % | -11.47% | -11.99% | -18.01% | 5.6% | 13% | 15.89% | 12.32% | 18.83% | 3.99% |
| FCF Growth % | - | -31.08% | -87.77% | 141.88% | 212.03% | 46.97% | -12.65% | 76.45% | -48.71% |
| FCF per Share | -0.27 | -0.29 | -0.54 | 0.22 | 0.74 | 1.14 | 1.02 | 1.61 | 1.61 |
| FCF Conversion (FCF/Net Income) | -1.05x | -0.99x | -1.34x | -6.83x | -7.02x | 12.10x | 3.35x | 1.19x | 0.15x |
| Interest Paid | 4.62M | 0 | 12.4M | 2.34M | 475K | 916K | 1.05M | 0 | 54K |
| Taxes Paid | 445K | 0 | 605K | 921K | 4.57M | 2.72M | 19.67M | 0 | 5.58M |
DOCN Key Ratios
DigitalOcean Holdings, Inc. (DOCN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -79.22% | - | -7.71% | -8.89% | - | - | - | 165.69% |
| Return on Invested Capital (ROIC) | -17.37% | -7.99% | -4.05% | -2.06% | 0.7% | 6.54% | 15.58% | 15.58% |
| Gross Margin | 52.02% | 54.29% | 60.19% | 63.23% | 59.02% | 59.69% | 59.86% | 58.49% |
| Net Margin | -15.85% | -13.68% | -4.55% | -4.82% | 2.8% | 10.82% | 28.76% | 26.8% |
| Debt / Equity | 3.75x | - | 2.53x | 34.38x | - | - | - | 1.01x |
| Interest Coverage | -3.23x | -2.13x | -3.86x | -1.84x | 3.99x | 11.72x | 12.52x | 111.80x |
| FCF Conversion | -0.99x | -1.34x | -6.83x | -7.02x | 12.10x | 3.35x | 1.19x | 0.15x |
| Revenue Growth | 25.44% | 24.94% | 34.61% | 34.48% | 20.23% | 12.66% | 15.48% | 17.61% |
DOCN SEC Filings & Documents
DigitalOcean Holdings, Inc. (DOCN) SEC filings — annual & quarterly reports (10-K, 10-Q)
DOCN Frequently Asked Questions
DigitalOcean Holdings, Inc. (DOCN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
DigitalOcean Holdings, Inc. (DOCN) reported $948.6M in revenue for fiscal year 2025. This represents a 367% increase from $203.1M in 2018.
DigitalOcean Holdings, Inc. (DOCN) grew revenue by 15.5% over the past year. This is strong growth.
Yes, DigitalOcean Holdings, Inc. (DOCN) is profitable, generating $254.3M in net income for fiscal year 2025 (28.8% net margin).
Dividend & Returns
DigitalOcean Holdings, Inc. (DOCN) generated $37.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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