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DOCN (DigitalOcean Holdings, Inc.) Stock Financials & Earnings | Market Cap Arena
DOCN
DigitalOcean Holdings, Inc.
Mkt Cap
$5B
Technology
·
Software - Infrastructure
·
🇺🇸 United States
·
NYSE
Revenue (TTM)
$901M
Net Income (TTM)
$259M
EPS (TTM)
$2.52
Free Cash Flow (TTM)
$37M
Gross Margin
59.9%
Op. Margin
17.4%
Net Margin
28.8%
FCF Margin
4.1%
P/S Ratio (TTM)
6.1x
P/E Ratio (TTM)
21.1x
YoY Rev Growth
+15.5%
Employees
—
Earnings Reports
▶
Q4 2025
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$165M
$93M
-$33M
Q2 23
$170M
$102M
-$2M
Q3 23
$177M
$107M
$35M
Q4 23
$181M
$106M
$11M
Q1 24
$185M
$109M
$12M
Q2 24
$192M
$114M
$22M
Q3 24
$198M
$119M
$25M
Q4 24
$205M
$117M
$33M
Q1 25
$211M
$129M
$38M
Q2 25
$219M
$131M
$36M
Q3 25
$230M
$137M
$45M
Q4 25
$242M
$142M
$39M
marketcaparena.com
Revenue Breakdown
DOCN
DigitalOcean Holdings, Inc.
Revenue Breakdown
Q4 2025
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
8.9x
—
Q2 23
8.4x
—
Q3 23
8.1x
—
Q4 23
7.9x
282.2x
Q1 24
7.7x
109.7x
Q2 24
7.5x
80.1x
Q3 24
7.2x
66.7x
Q4 24
7.0x
64.8x
Q1 25
6.8x
50.5x
Q2 25
6.6x
43.3x
Q3 25
6.3x
21.7x
Q4 25
6.1x
21.1x
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
$36M
$11M
Q2 23
$64M
$40M
Q3 23
$54M
$33M
Q4 23
$81M
$27M
Q1 24
$67M
$21M
Q2 24
$71M
$37M
Q3 24
$73M
$14M
Q4 24
$71M
$24M
Q1 25
$64M
-$885K
Q2 25
$92M
$57M
Q3 25
$100M
$89M
Q4 25
$57M
-$108M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$25M
Q2 23
$25M
Q3 23
$21M
Q4 23
$54M
Q1 24
$45M
Q2 24
$34M
Q3 24
$60M
Q4 24
$47M
Q1 25
$65M
Q2 25
$35M
Q3 25
$11M
Q4 25
$165M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+29.7%
+40.6%
Q2 23
+26.8%
+20.8%
Q3 23
+16.4%
-2.3%
Q4 23
+11.0%
-4.6%
Q1 24
+11.9%
-12.6%
Q2 24
+13.3%
-0.7%
Q3 24
+12.1%
+22.8%
Q4 24
+13.3%
+1.5%
Q1 25
+14.1%
-0.1%
Q2 25
+13.6%
+7.6%
Q3 25
+15.7%
+6.2%
Q4 25
+18.3%
+18.1%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$32M
19.1%
Q2 23
$36M
21.5%
Q3 23
-$2M
-1.3%
Q4 23
$23M
12.6%
Q1 24
$23M
12.4%
Q2 24
$22M
11.3%
Q3 24
$23M
11.6%
Q4 24
$23M
11.2%
Q1 25
$19M
9.2%
Q2 25
$21M
9.6%
Q3 25
$0
0.0%
Q4 25
$20M
8.3%
marketcaparena.com
OpEx Breakdown
R&D
G&A
S&M
Quarter
R&D
G&A
S&M
Q1 23
$38M
$49M
$18M
Q2 23
$39M
$49M
$16M
Q3 23
$33M
$20M
$19M
Q4 23
$31M
$45M
$20M
Q1 24
$33M
$46M
$19M
Q2 24
$33M
$41M
$18M
Q3 24
$37M
$40M
$17M
Q4 24
$37M
$34M
$14M
Q1 25
$40M
$33M
$19M
Q2 25
$40M
$36M
$19M
Q3 25
$38M
$33M
$21M
Q4 25
$44M
$37M
$23M
marketcaparena.com
Rule of 40
Rule of 40
Quarter
Rev Growth %
EBITDA Margin %
Rule of 40
Q1 23
29.7%
2.0%
31.7
Q2 23
26.8%
19.9%
46.7
Q3 23
16.4%
39.5%
55.9
Q4 23
11.0%
25.8%
36.7
Q1 24
11.9%
26.2%
38.1
Q2 24
13.3%
31.3%
44.7
Q3 24
12.1%
34.1%
46.2
Q4 24
13.3%
29.5%
42.8
Q1 25
14.1%
34.6%
48.6
Q2 25
13.6%
35.4%
49.0
Q3 25
15.7%
56.8%
72.5
Q4 25
18.3%
53.0%
71.3
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$21M
$592M
$613M
Q2 23
$120M
$430M
$551M
Q3 23
$79M
$305M
$384M
Q4 23
$317M
$95M
$412M
Q1 24
$419M
$0
$419M
Q2 24
$443M
$0
$443M
Q3 24
$440M
$0
$440M
Q4 24
$428M
$0
$428M
Q1 25
$360M
$0
$360M
Q2 25
$388M
$0
$388M
Q3 25
$237M
$0
$237M
Q4 25
$254M
$0
$254M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
96M
-0.9%
Q2 23
96M
+0.7%
Q3 23
103M
+6.7%
Q4 23
92M
-10.4%
Q1 24
94M
+1.9%
Q2 24
94M
+0.0%
Q3 24
103M
+9.3%
Q4 24
94M
-8.0%
Q1 25
102M
+8.4%
Q2 25
101M
-1.7%
Q3 25
103M
+2.4%
Q4 25
105M
+2.2%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 18
—
—
FY 19
—
—
FY 20
—
—
FY 21
$545K
786
FY 22
$479K
1K
FY 23
$599K
1K
FY 24
$645K
1K
FY 25
$617K
1K
marketcaparena.com