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) Gross margin

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DigitalOcean Holdings, Inc.'s gross margin over the twelve months to 30 September 2026 was 54.7%, down 5.2 percentage points from fiscal 2025 (59.9%). Over the past ten years it has ranged from 52.0% (fiscal 2019) to 63.2% (fiscal 2022); the current reading is higher than 75% of that period. That is below the Software Infrastructure industry median of 59.2% and above the Technology sector median of 47.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 59.9% 0.17
FY2024 59.7% 2.32
FY2023 57.4% (5.86)
FY2022 63.2% 3.04
FY2021 60.2% 5.90
FY2020 54.3% 2.27
FY2019 52.0% (0.21)
FY2018 52.2% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 50.2% (4.85)
Jun 2026 55.0% (1.11)
Mar 2026 56.1% (2.58)
Dec 2025 58.7% (0.94)
21 more quarters

Against its own ten years

Low 52.0% High 63.2%
Ten-year median 58.5%
Current reading's percentile 5

Gross margin against peers

Company Gross margin
CHKP Check Point Software Technologies Ltd. compare 87.5%
GTLB GitLab Inc. compare 85.8%
DBX Dropbox, Inc. compare 79.7%
S SentinelOne, Inc. compare 72.5%
NTSK Netskope Inc. compare 69.9%
SAIL SailPoint, Inc. compare 66.2%
AKAM Akamai Technologies, Inc. compare 57.5%
DOCN DigitalOcean Holdings, Inc. 54.7%
PAYP PayPay Corporation compare —
Software Infrastructure industry median 59.2%
Technology sector median 47.1%
Market median 46.4%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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