DOCN
DigitalOcean Holdings Inc
NYSE: DOCN · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$96.87
+2.64% today
Updated 2026-04-29
Market cap
$10.11B
P/E ratio
38.44
P/S ratio
11.21x
EPS (TTM)
$2.52
Dividend yield
—
52W range
$26 – $99
Volume
4.5M
DigitalOcean Holdings Inc (DOCN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $203.14M | $254.82M | $318.38M | $428.56M | $576.32M | $692.88M | $780.62M | $901.43M |
| Revenue growth (YoY) | — | +25.4% | +24.9% | +34.6% | +34.5% | +20.2% | +12.7% | +15.5% |
| Cost of revenue | $97.04M | $122.26M | $145.53M | $170.59M | $211.93M | $283.97M | $314.67M | $361.83M |
| Gross profit | $106.09M | $132.56M | $172.85M | $257.97M | $364.39M | $408.92M | $465.94M | $539.59M |
| Gross margin | 52.2% | 52.0% | 54.3% | 60.2% | 63.2% | 59.0% | 59.7% | 59.9% |
| R&D | $44.93M | $59.97M | $74.97M | $115.68M | $143.88M | $140.37M | $142.50M | $161.62M |
| SG&A | $59.01M | $71.16M | $80.20M | $102.59M | $165.19M | $162.74M | $160.87M | $138.55M |
| Operating income | $-27.29M | $-29.91M | $-15.79M | $-11.19M | $-25.70M | $11.90M | $91.01M | $156.99M |
| Operating margin | -13.4% | -11.7% | -5.0% | -2.6% | -4.5% | 1.7% | 11.7% | 17.4% |
| EBITDA | $23.95M | $32.84M | $46.53M | $73.92M | $86.74M | $153.59M | $236.86M | $362.05M |
| EBITDA margin | 11.8% | 12.9% | 14.6% | 17.2% | 15.1% | 22.2% | 30.3% | 40.2% |
| EBIT | $-28.47M | $-30.24M | $-29.05M | $-14.46M | $-15.49M | $35.72M | $106.81M | $224.60M |
| Interest expense | $6.31M | $9.36M | $13.61M | $3.74M | $8.40M | $8.95M | $9.11M | $17.94M |
| Income tax | $1.22M | $793000.00 | $911000.00 | $1.30M | $3.92M | $7.37M | $13.21M | — |
| Effective tax rate | -3.5% | -2.0% | -2.1% | -7.2% | -16.4% | 27.5% | 13.5% | 0.0% |
| Net income | $-36.00M | $-40.39M | $-43.57M | $-19.50M | $-27.80M | $19.41M | $84.49M | $259.26M |
| Net income growth (YoY) | — | -12.2% | -7.9% | +55.2% | -42.6% | +169.8% | +335.3% | +206.8% |
| Profit margin | -17.7% | -15.9% | -13.7% | -4.6% | -4.8% | 2.8% | 10.8% | 28.8% |