DigitalOcean (DOCN)

NYSE Information Technology Internet Services & Infrastructure S&P MidCap 400

$72.48

+1.78 (+2.52%)

Close of Nov 06, 2026 · end-of-day data

Source: DigitalOcean's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$254.82M	$318.38M	$428.56M	$576.32M	$692.88M	$780.62M	$901.43M
Cost of revenue	$122.26M	$145.53M	$170.59M	$211.93M	$295.39M	$314.67M	$361.83M
Gross profit	$132.56M	$172.85M	$257.97M	$364.39M	$397.50M	$465.94M	$539.59M
Research & development	$59.97M	$74.97M	$115.68M	$143.88M	$136.92M	$142.50M	$161.62M
Operating income	-$29.91M	-$15.79M	-$11.19M	-$25.70M	$11.90M	$91.01M	$156.99M
Interest expense	$9.36M	$13.61M	$3.74M	$8.40M	$8.95M	$9.11M	$17.94M
Pre-tax income	-$39.60M	-$42.66M	-$18.20M	-$23.89M	$26.78M	$97.70M	$206.66M
Income tax	$793.00K	$911.00K	$1.30M	$3.92M	$7.37M	$13.21M	-$52.60M
Net income	-$40.39M	-$43.57M	-$19.50M	-$27.80M	$19.41M	$84.49M	$259.26M
EBITDA	$33.18M	$59.78M	$77.19M	$76.53M	$129.76M	$221.06M	$294.44M
EPS (basic)	$-1.06	$-1.05	$-0.21	$-0.28	$0.22	$0.92	$2.83
EPS (diluted)	$-1.06	$-1.05	$-0.21	$-0.28	$0.20	$0.89	$2.52
Diluted shares	38.00M	41.66M	93.22M	100.81M	96.42M	94.50M	105.34M
Gross margin	52.0%	54.3%	60.2%	63.2%	57.4%	59.7%	59.9%
Operating margin	-11.7%	-5.0%	-2.6%	-4.5%	1.7%	11.7%	17.4%
Net margin	-15.9%	-13.7%	-4.6%	-4.8%	2.8%	10.8%	28.8%

Balance sheet

fiscal years · USD

Fiscal year	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$35.89M	$100.31M	$1.71B	$140.77M	$317.24M	$428.45M	$254.47M
Short-term investments	—	—	$0	$723.46M	$94.53M	$0	—
Receivables	—	$28.10M	$39.62M	$53.83M	$62.19M	$72.49M	$90.91M
Total current assets	—	$147.95M	$1.77B	$945.99M	$502.99M	$541.72M	$426.98M
Goodwill	$2.67M	$2.67M	$32.17M	$315.17M	$348.32M	$348.67M	$348.67M
Total assets	—	$430.25M	$2.10B	$1.82B	$1.46B	$1.64B	$1.84B
Total current liabilities	—	$84.78M	$58.24M	$165.52M	$192.65M	$220.96M	$619.46M
Short-term debt	—	$17.47M	$0	—	—	$0	$325.11M
Long-term debt	—	$242.22M	$1.46B	$1.47B	$1.48B	$1.49B	$970.65M
Total debt	—	$259.68M	$1.46B	$1.47B	$1.48B	$1.49B	$1.30B
Total liabilities	—	$329.27M	$1.52B	$1.77B	$1.77B	$1.84B	$1.87B
Shareholders' equity	-$72.28M	-$72.09M	$578.20M	$47.57M	-$313.70M	-$202.96M	-$28.69M

Cash flow

fiscal years · USD

Fiscal year	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$39.90M	$58.46M	$133.11M	$195.15M	$234.94M	$282.73M	$309.60M
Capital expenditures	$53.50M	$98.36M	$97.07M	$106.39M	$119.30M	$178.17M	$129.09M
Free cash flow	-$13.60M	-$39.90M	$36.04M	$88.76M	$115.64M	$104.56M	$180.52M
Investing cash flow	-$87.38M	-$115.63M	-$113.61M	-$1.15B	$401.15M	-$94.81M	-$268.29M
Financing cash flow	$49.80M	$124.03M	$1.59B	-$610.36M	-$468.90M	-$76.45M	-$216.91M
Share buybacks	$0	$0	$350.00M	$600.00M	$488.45M	$59.79M	$82.12M
Stock-based compensation	$18.65M	$29.46M	$61.58M	$105.83M	$88.35M	$90.55M	$80.31M
Depreciation & amortization	$63.08M	$75.57M	$88.37M	$102.23M	$117.87M	$130.05M	$137.45M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$180.87M	$184.73M	$192.48M	$198.48M	$204.93M	$210.70M	$218.70M	$229.63M	$242.39M	$257.90M	$281.18M	$321.19M
Cost of revenue	$77.61M	$75.58M	$78.33M	$81.92M	$78.84M	$81.26M	$87.75M	$92.70M	$100.12M	$113.19M	$126.52M	$160.12M
Gross profit	$103.26M	$109.15M	$114.15M	$116.56M	$126.08M	$129.44M	$130.94M	$136.93M	$142.27M	$144.71M	$154.66M	$161.07M
Research & development	$29.98M	$32.93M	$32.98M	$36.28M	$40.31M	$39.59M	$39.64M	$38.12M	$44.26M	$48.83M	$57.52M	$58.79M
Operating income	$10.98M	$11.54M	$22.33M	$24.61M	$32.53M	$37.64M	$35.62M	$44.93M	$38.80M	$36.57M	$29.37M	$33.02M
Interest expense	$2.31M	$2.30M	$2.32M	$2.26M	$2.23M	$2.21M	$2.24M	$5.04M	$8.45M	$10.55M	$7.46M	$16.41M
Pre-tax income	$13.53M	$14.26M	$24.81M	$29.64M	$28.99M	$41.38M	$42.45M	$90.31M	$32.52M	$24.50M	$27.14M	-$36.42M
Income tax	-$2.41M	$116.00K	$5.67M	-$3.31M	$10.73M	$3.18M	$5.42M	-$68.06M	$6.86M	$8.72M	-$8.29M	$6.18M
Net income	$15.94M	$14.14M	$19.14M	$32.95M	$18.27M	$38.20M	$37.03M	$158.37M	$25.66M	$15.77M	$35.44M	-$42.61M
EBITDA	$41.77M	$43.42M	$55.46M	$60.41M	$61.76M	$66.85M	$68.38M	$79.99M	$79.21M	$82.05M	$80.53M	$108.17M
EPS (basic)	$0.18	$0.16	$0.21	$0.36	$0.20	$0.42	$0.41	$1.74	$0.27	$0.17	$0.34	$-0.37
EPS (diluted)	$0.17	$0.15	$0.20	$0.33	$0.19	$0.39	$0.39	$1.51	$0.21	$0.15	$0.29	$-0.37
Diluted shares	92.03M	93.79M	93.83M	102.59M	94.40M	102.32M	100.62M	105.52M	2.31M	111.92M	126.55M	114.68M
Gross margin	57.1%	59.1%	59.3%	58.7%	61.5%	61.4%	59.9%	59.6%	58.7%	56.1%	55.0%	50.1%
Operating margin	6.1%	6.2%	11.6%	12.4%	15.9%	17.9%	16.3%	19.6%	16.0%	14.2%	10.4%	10.3%
Net margin	8.8%	7.7%	9.9%	16.6%	8.9%	18.1%	16.9%	69.0%	10.6%	6.1%	12.6%	-13.3%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$317.24M	$419.06M	$443.11M	$439.87M	$428.45M	$360.42M	$387.75M	$236.56M	$254.47M	$741.36M	$767.03M	$666.10M
Short-term investments	$94.53M	$0	$0	$0	$0	—	—	—	—	—	—	—
Receivables	$62.19M	$63.87M	$67.44M	$68.94M	$72.49M	$76.61M	$81.26M	$84.38M	$90.91M	$105.46M	$115.00M	$139.81M
Total current assets	$502.99M	$515.81M	$543.72M	$552.01M	$541.72M	$479.24M	$509.77M	$367.62M	$426.98M	$944.29M	$1.02B	$1.07B
Goodwill	$348.32M	$348.32M	$348.67M	$348.67M	$348.67M	$348.67M	$348.67M	$348.67M	$348.67M	$350.65M	$350.65M	$350.65M
Total assets	$1.46B	$1.49B	$1.54B	$1.53B	$1.64B	$1.64B	$1.72B	$1.73B	$1.84B	$2.57B	$3.12B	$3.74B
Total current liabilities	$192.65M	$188.95M	$220.16M	$176.01M	$220.96M	$198.32M	$224.53M	$325.00M	$619.46M	$646.97M	$776.11M	$927.18M
Short-term debt	—	—	—	—	$0	—	—	$9.50M	$325.11M	$311.26M	$311.65M	$312.05M
Long-term debt	$1.48B	$1.48B	$1.48B	$1.48B	$1.49B	$1.49B	$1.49B	$1.28B	$970.65M	$608.47M	$609.40M	$149.58M
Total debt	$1.48B	$1.48B	$1.48B	$1.48B	$1.49B	$1.49B	$1.49B	$1.29B	$1.30B	$919.72M	$921.05M	$461.63M
Total liabilities	$1.77B	$1.77B	$1.79B	$1.74B	$1.84B	$1.85B	$1.90B	$1.80B	$1.87B	$1.68B	$2.19B	$2.32B
Shareholders' equity	-$313.70M	-$286.07M	-$253.78M	-$211.70M	-$202.96M	-$210.75M	-$175.22M	-$69.62M	-$28.69M	$887.38M	$930.73M	$1.42B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$80.52M	$66.69M	$71.34M	$73.35M	$71.34M	$64.09M	$92.45M	$95.79M	$57.28M	$46.92M	$109.97M	$161.23M
Capital expenditures	$52.22M	$43.66M	$31.87M	$57.35M	$45.28M	$61.96M	$33.20M	$7.77M	$26.16M	$39.99M	$41.58M	$23.55M
Free cash flow	$28.29M	$23.03M	$39.47M	$16.00M	$26.06M	$2.13M	$59.25M	$88.02M	$31.12M	$6.93M	$68.38M	$137.68M
Investing cash flow	$152.89M	$46.45M	-$34.35M	-$59.76M	-$47.14M	-$64.97M	-$35.43M	-$38.37M	-$129.51M	-$60.58M	-$89.12M	-$232.27M
Financing cash flow	$4.43M	-$11.25M	-$12.95M	-$16.83M	-$35.43M	-$67.18M	-$29.70M	-$210.30M	$90.27M	$500.62M	$4.81M	-$29.63M
Share buybacks	$13.51M	$8.77M	$9.41M	$11.70M	$29.91M	$59.05M	$20.15M	$2.92M	$0	$0	$0	$0
Stock-based compensation	$22.76M	$22.88M	$21.83M	$22.95M	$22.89M	$19.43M	$21.08M	$19.80M	$20.00M	$22.51M	$32.72M	$36.05M
Depreciation & amortization	$30.78M	$31.89M	$33.13M	$35.81M	$29.23M	$29.21M	$32.77M	$35.06M	$40.41M	$45.48M	$51.15M	$75.14M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.