DigitalOcean Holdings, Inc.

DOCN Technology Software Infrastructure

DigitalOcean Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $901.4 million, up 15.5% from fiscal 2024.

Revenue
+39.9%
EPS
−121.3%
Free cash flow
+180.8%
Total debt
−75.9%

Quarter to September 2026, against a year earlier

90.22 0.43 +0.48%
Market cap
$10.6B
P/E
215×
Fwd P/E
175×
Dividend yield
—
F-score
8/9
Altman Z
2.03
Beneish M
−2.25
Dividend safety
n/a

DigitalOcean Holdings, Inc. (DOCN) Current ratio

Alert me on Current ratio

DigitalOcean Holdings, Inc.'s current ratio at the end of the quarter to 30 September 2026 was 1.2×, up 0.5× from fiscal 2025 (0.7×). Over the past ten years it has ranged from 0.7× (fiscal 2025) to 30.4× (fiscal 2021) — the current reading is the lowest in ten years. That is below the Software Infrastructure industry median of 1.5× and below the Technology sector median of 1.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 0.7× (71.88%)
FY2024 2.5× (6.10%)
FY2023 2.6× (54.32%)
FY2022 5.7× (81.20%)
FY2021 30.4× 1,641.72%
FY2020 1.7× 108.78%
FY2019 0.8× 4.88%
FY2018 0.8× —

Quarterly newest first

Period Current ratio Change
Sep 2026 1.2× (11.92%)
Jun 2026 1.3× (10.17%)
Mar 2026 1.5× 111.75%
Dec 2025 0.7× (39.06%)
21 more quarters

Against its own ten years

Low 0.7× High 30.4×
Ten-year median 2.1×
Current reading's percentile 13

Current ratio against peers

Company Current ratio
GTLB GitLab Inc. compare 2.4×
NTSK Netskope Inc. compare 2.0×
CHKP Check Point Software Technologies Ltd. compare 1.7×
AKAM Akamai Technologies, Inc. compare 1.6×
S SentinelOne, Inc. compare 1.4×
SAIL SailPoint, Inc. compare 1.2×
DOCN DigitalOcean Holdings, Inc. 1.2×
DBX Dropbox, Inc. compare 1.1×
PAYP PayPay Corporation compare 1.0×
Software Infrastructure industry median 1.5×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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