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) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, DigitalOcean Holdings, Inc. (DOCN) trades at a EV/EBITDA of 31.6×. Over the past ten years it has ranged from 0.0× (June 2021) to 179× (November 2021); the current reading is higher than 43% of that period. That is above the Software Infrastructure industry median of 15.0× and above the Technology sector median of 15.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 18.8× (1.09%)
FY2024 19.0× (43.18%)
FY2023 33.5× (27.21%)
FY2022 46.0× (50.94%)
FY2021 93.8× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 45.7× (13.60%)
Jun 2026 52.9× 95.84%
Mar 2026 27.0× 43.56%
Dec 2025 18.8× 24.97%
21 more quarters

Against its own ten years

Low 0.0× High 179×
Ten-year median 36.9×
Current reading's percentile 43

EV/EBITDA against peers

Company EV/EBITDA
NTSK Netskope Inc. compare n/m
S SentinelOne, Inc. compare n/m
PAYP PayPay Corporation compare n/m
GTLB GitLab Inc. compare n/m
DBX Dropbox, Inc. compare 11.8×
AKAM Akamai Technologies, Inc. compare 13.9×
CHKP Check Point Software Technologies Ltd. compare 16.4×
DOCN DigitalOcean Holdings, Inc. 31.6×
SAIL SailPoint, Inc. compare 267×
Software Infrastructure industry median 15.0×
Technology sector median 15.3×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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