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DigitalOcean Holdings, Inc. DOCN R2KAI

Technology · Software - Infrastructure · United States
https://www.digitalocean.com

DigitalOcean Holdings, Inc., through its subsidiaries, operates an agentic inference cloud platform in North America, Europe, Asia, and internationally. The company provides AI and Digital Native Enterprises build, run, and scale intelligent applications for growing technology companies. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute, storage, and networking products, including cloud firewalls, managed load balancers, NAT gateways, and virtual private cloud software, as well as IP address management and domain name system management. In addition, the company provides platform-as-a-service (PaaS) and software-as-a-service (SaaS) solutions, such as managed databases; managed Kubernetes and container registry; application platform to build, deploy, and scale applications; Functions, a serverless compute solution; and Uptime for real-time uptime and latency alerts, as well as managed hosting and DigitalOcean Marketplace, a platform where developers can find pre-configured applications and solutions. Further, it offers artificial intelligence (AI)/machine learning (ML) applications comprising GPU droplets; bare metal GPUS, which provides access to a GPU server without any virtualization layer and gives developers with customizable server for their use case; and Jupyter Notebooks that provides cloud workspace and managed interactive development environment for exploring data and training, and building machine learning models. Its customers use its platform in various industry verticals, such as online gaming, fintech, and cybersecurity, as well as for a range of use cases, including building and hosting websites, web and mobile applications development, AI integration, and building AI products and applications. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in Broomfield, Colorado.

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$155.95
+451.06% 1Y

Market & Price

Market Cap
$16.28B
Current Price
$155.95
High / Low (52W)
$163.95 / $25.74
Beta
1.42

Valuation

Stock P/E
68.40
Industry PE
32.74
Forward P/E
90.70
PEG Ratio
1.54
Book Value
$8.51
Price to Book
18.33
P/S
17.16
EV/EBITDA
57.15
Dividend Yield
-

Profitability & Returns

ROCE
18.44%
ROE
70.00%
ROA
4.63%
Profit Margin
24.96%
Op Margin
14.18%
EPS (Latest Qtr)
$0.15
EPS (TTM)
$2.28

Balance Sheet & Liquidity

Debt/Equity
1.70
Quick Ratio
1.31
Current Ratio
1.46
Debt
$1.51B
Total Assets
$1.84B
Current Assets
$426.98M
Working Capital
$-192.48M

Ownership

Promoter Holding
18.89%
Chg in Prom Hold
-
FII / Inst Holding
93.76%
Chg in FII Hold
-0.01%

Financial Snapshot

Enterprise Value
$17.04B
Total Revenue (TTM)
$948.63M
EBITDA
$298.22M
Free Cash Flow
$157.55M
Operating Cash Flow
$292.44M
Shares Outstanding
104.36M
Gross Margin
58.49%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
16.08%
Profit 5Y
344.15%
Revenue (YoY)
22.40%
Earnings (YoY)
-61.70%

PROS

  • Strong return on equity of 70.0%.
  • Excellent profit margin of 25.0%.
  • Compounding revenue at 16.1% over 5 years.
  • Profit CAGR of 344.2% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading at a high P/E of 68.4.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 DOCN DigitalOcean Holdings, Inc. R2KAI 155.95 68.40 $16.28B - 18.44% 70.00% 16.08% 344.15%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
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Quarterly Results

Figures in USD.

Metric Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 72.79M76.91M81.16M93.66M103.81M111.43M-127.33M133.88M152.12M-165.13M169.81M177.06M180.87M184.73M192.48M--210.70M218.70M229.63M242.39M257.90M
Cost of Revenue -------------------81.26M87.75M92.70M100.12M113.19M
Gross Profit 38.11M41.71M44.10M54.12M60.66M67.92M-80.12M86.07M95.39M-90.59M99.83M103.81M103.26M109.15M114.15M--129.44M130.94M136.93M142.27M144.71M
Operating Expenses -------------------91.80M95.33M92.00M103.47M108.14M
Operating Income -12.49M1.78M-6.72M3.25M-2.63M-1.67M--13.58M-7.95M7.20M--33.06M-1.50M35.47M10.98M11.54M22.33M--37.64M35.62M44.93M38.80M36.57M
EBITDA -------------------72.80M77.45M130.42M81.39M80.52M
Interest Expense -------------------2.21M2.24M5.04M8.45M10.55M
Pretax Income -------------------41.38M42.45M90.31M32.52M24.50M
Tax Provision -------------------3.18M5.42M-68.06M6.86M8.72M
Net Income -16.93M-2.57M-10.21M-3.34M-2.19M-1.85M-12.12M-18.57M-6.76M7.90M-10.07M-16.37M665.00K19.18M15.94M14.14M19.14M--38.20M37.03M158.37M25.66M15.77M
Diluted EPS -0.42-0.06-0.24-0.07-0.02-0.02--0.17-0.070.08--0.170.010.200.170.150.20--0.390.391.510.240.15
R&D Expense 19.48M15.13M19.71M22.40M27.12M29.93M-37.24M36.96M30.24M-37.51M37.70M31.73M29.98M32.93M32.98M36.28M40.31M39.59M39.64M38.12M-48.83M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 254.82M318.38M-576.32M692.88M780.62M901.43M
Cost of Revenue ---211.93M295.39M314.67M361.83M
Gross Profit 132.56M172.85M-364.39M397.50M465.94M539.59M
Operating Expenses ---390.09M364.71M374.94M382.60M
Operating Income -29.91M-15.79M--25.70M32.78M91.01M156.99M
EBITDA ---86.74M153.59M236.86M362.05M
Interest Expense ---8.40M8.95M9.11M17.94M
Pretax Income ----23.89M26.78M97.70M206.66M
Tax Provision ---3.92M7.37M13.21M-52.60M
Net Income -40.39M-43.57M--27.80M19.41M84.49M259.26M
Diluted EPS -1.06-1.05--0.240.200.892.52
R&D Expense 59.97M74.97M115.68M143.88M136.92M142.50M161.62M

Compounded Sales Growth

5 Years:16.08%
1 Year:22.40%

Compounded Profit Growth

5 Years:344.15%
1 Year:-61.70%

Stock Price Performance

1 Year:+451.06%
6 Months:+247.33%
3 Months:+178.18%
1 Month:+60.99%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --430.25M-1.82B1.46B1.64B1.84B
Current Assets ----945.99M502.99M541.72M426.98M
Cash & Equivalents --100.31M-140.77M317.24M428.45M254.47M
Inventory --------
Receivables ----53.83M62.19M72.49M90.91M
Total Liabilities --329.27M-1.77B1.77B1.84B1.87B
Current Liabilities --84.78M-165.52M192.65M220.96M619.46M
Long Term Debt --242.22M-1.47B1.48B1.49B970.65M
Total Debt ----1.64B1.66B1.70B1.60B
Total Equity -56.86M-72.28M-72.09M-47.57M-313.70M-202.96M-28.69M
Shares Outstanding ----96.73M90.24M92.23M91.95M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 39.90M58.46M-195.15M234.94M282.73M309.60M
Investing Cash Flow -87.38M-115.63M--1.15B401.15M-94.81M-268.29M
Financing Cash Flow 49.80M124.03M--610.36M-468.90M-76.45M-216.91M
Capital Expenditure -53.50M-98.36M--120.22M-124.81M-186.52M-268.51M
Free Cash Flow -13.60M-39.90M-74.94M110.13M96.20M41.09M
Net Change in Cash ----1.56B167.19M111.47M-175.59M
Share Buybacks 00350.00M600.00M488.45M59.79M82.12M

Ratios (Annual)

Figures in %.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 52.0%54.3%-63.2%57.4%59.7%59.9%
Operating Margin % -11.7%-5.0%--4.5%4.7%11.7%17.4%
Net Margin % -15.9%-13.7%--4.8%2.8%10.8%28.8%
ROE % 55.9%60.4%--58.4%-6.2%-41.6%-903.7%
ROCE % --4.6%--1.6%2.6%6.4%12.9%

Shareholding Pattern

Insiders
18.89%
Institutions
93.76%
Public Float
115.60%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 11.48% 11.98M $1.87B
2 Vanguard Portfolio Management LLC 5.71% 5.96M $929.59M
3 JPMORGAN CHASE & CO 4.45% 4.65M $724.42M
4 Hood River Capital Management LLC 3.34% 3.49M $543.82M
5 Vanguard Capital Management LLC 3.32% 3.47M $540.61M
6 Wellington Management Group, LLP 2.83% 2.96M $461.12M
7 State Street Corporation 2.77% 2.89M $450.30M
8 Fuller & Thaler Asset Management Inc. 2.45% 2.56M $399.55M
9 Price (T.Rowe) Associates Inc 2.36% 2.47M $384.45M
10 Citadel Advisors Llc 2.19% 2.29M $356.85M

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