DigitalOcean Holdings, Inc. (DOCN) Revenue History
Annual and quarterly revenue from 2018 to present
DOCN Revenue Over Time (2018–2025)
DOCN Revenue Growth History
7 of 7 years with positive growth- FY2018 revenue growth
- N/A
- FY2019 revenue growth
- +25.4%
- FY2020 revenue growth
- +24.9%
- FY2021 revenue growth
- +34.6%
- FY2022 revenue growth
- +34.5%
- FY2023 revenue growth
- +20.2%
- FY2024 revenue growth
- +12.7%
- FY2025 revenue growth
- +15.5%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $257.9M | +22.4% |
| Q4 2025 | $242.4M | +18.3% |
| Q3 2025 | $229.6M | +15.7% |
| Q2 2025 | $218.7M | +13.6% |
| Q1 2025 | $210.7M | +14.1% |
| Q4 2024 | $204.9M | +13.3% |
| Q3 2024 | $198.5M | +12.1% |
| Q2 2024 | $192.5M | +13.3% |
Multi-year avg. share of annual revenue by fiscal quarter
DOCN Revenue Analysis (2018–2025)
Current Revenue & Growth
As of June 22, 2026, DigitalOcean Holdings, Inc. (DOCN) generated trailing twelve-month (TTM) revenue of $948.6 million, reflecting exceptional growth of +22.4% year-over-year. The most recent quarter (Q1 2026) recorded $257.9 million in revenue, up 6.4% sequentially.
Historical Growth Trajectory
DOCN's 5-year compound annual growth rate (CAGR) stands at +23.1%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +16.1% is below the 5-year average, signalling a growth deceleration in recent years. DigitalOcean Holdings, Inc.'s highest annual revenue of $901.4 million was recorded in 2025, an all-time high.
Peer Comparison
Compared to Technology sector peers — including FSLY (+17.7% YoY), NET (+31.6% YoY), and AKAM (+6.2% YoY) — DOCN has underperformed the peer group in revenue growth. Compare DOCN vs FSLY →
DOCN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| DOCNCurrent | $949M | +22.4% | +23.1% | 17.4% | |
 FSLY | $624M | +17.7% | +16.5% | -18.9% | |
 NET | $2.2B | +31.6% | +38.1% | -9.4% | |
 AKAM | $4.2B | +6.2% | +5.6% | 14.9% | |
 BAND | $754M | +27752.2% | +17.0% | -1.9% | |
 AMZN | $716.9B | +14.2% | +13.2% | 11.2% |
DOCN Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $901.4M | +15.5% | $539.6M | 59.9% | $157.0M | 17.4% |
| 2024 | $780.6M | +12.7% | $465.9M | 59.7% | $91.0M | 11.7% |
| 2023 | $692.9M | +20.2% | $408.9M | 59.0% | $11.9M | 1.7% |
| 2022 | $576.3M | +34.5% | $364.4M | 63.2% | $-25,697,000 | -4.5% |
| 2021 | $428.6M | +34.6% | $258.0M | 60.2% | $-11,186,000 | -2.6% |
| 2020 | $318.4M | +24.9% | $172.8M | 54.3% | $-15,791,000 | -5.0% |
| 2019 | $254.8M | +25.4% | $132.6M | 52.0% | $-29,905,000 | -11.7% |
| 2018 | $203.1M | - | $106.1M | 52.2% | $-27,294,000 | -13.4% |
Full Stock Analysis
Deep dive into DOCN consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
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Peer Comparison
Compare growth, multiples, and margins vs sector.
DOCN — Frequently Asked Questions
Quick answers to the most common questions about buying DOCN stock.
Is DOCN's revenue growth accelerating or slowing?
DOCN revenue growth is accelerating. TTM revenue reached $949M, up +22.4% year-over-year — ahead of the 5-year CAGR of +23.1%. This indicates the business is expanding faster than its historical baseline.
What is DOCN's revenue history from 2018 to 2026?
DigitalOcean Holdings, Inc. (DOCN) revenue history spans 2018 to 2026. TTM revenue as of 2026 is $949M, growing at +22.4% YoY. The 5-year CAGR is +23.1%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is DOCN's long-term revenue growth rate (CAGR)?
DigitalOcean Holdings, Inc.'s 5-year revenue CAGR of +23.1% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +22.4% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for DOCN.
Why does DOCN's quarterly revenue fluctuate?
DOCN quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. DigitalOcean Holdings, Inc.'s revenue data from 2018 to 2026 shows full historical quarterly detail on this page.
How is DOCN's revenue distributed by segment?
DOCN reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does DOCN's revenue compare to industry peers?
DigitalOcean Holdings, Inc. (DOCN) with TTM revenue of $949M and +22.4% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.