DigitalOcean Holdings (DOCN) Financial Statements & Analysis

DigitalOcean Holdings (DOCN) Income Statement

DigitalOcean Holdings reported revenue of $901.43M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 15.5% from $780.62M a year earlier. Net income was $259.26M, up 206.8% year over year, a net margin of 28.8%. Gross margin was 59.9% and operating margin 17.4%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $281.18M, up 28.6% from the same quarter a year earlier.

DigitalOcean Holdings Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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DigitalOcean Holdings, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	901.43	780.62	692.88	576.32	428.56	318.38	254.82	203.14
Cost of Revenue	361.84	314.67	295.39	211.93	170.60	145.53	122.26	97.04
Gross Profit	539.59	465.94	397.50	364.40	257.97	172.85	132.56	106.09
Operating Expenses
Research & Development	161.62	142.50	136.92	143.89	115.68	74.97	59.97	44.93
Selling, General & Administrative	220.98	232.44	193.89	229.85	153.47	113.67	102.50	88.45
Operating Expenses	382.60	374.94	385.60	390.09	269.15	188.64	162.47	133.39
Operating Income	156.99	91.01	11.90	-25.70	-11.19	-15.79	-29.91	-27.29
Other Income/Expense
Interest Income	0.00	15.81	23.83	10.62	0.16	0.01	0.00	0.00
Interest Expense	17.94	9.11	-16.47	-15.88	3.74	-13.61	9.36	6.31
Other Income/Expense	49.67	13.38	29.76	3.62	-3.44	-12.83	-9.69	-7.48
Income
Income Before Tax	206.66	97.70	26.78	-23.89	-18.20	-42.66	-39.60	-34.78
Income Tax Expense	-52.60	13.21	7.37	3.92	1.30	0.91	0.79	1.22
Net Income	259.26	84.49	19.41	-27.80	-19.50	-43.57	-40.39	-36.00
Net Income - Continuous Operations	259.26	84.49	19.41	-27.80	-19.50	-43.57	-40.39	-36.00
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	362.05	236.86	176.12	80.77	73.92	46.53	32.84	23.95
EBIT	156.99	106.81	66.69	-9.34	-14.46	-15.79	-	-
Depreciation & Amortization	137.45	130.05	109.43	90.12	88.37	62.32	63.08	52.42
Earnings Per Share
Basic EPS	3.00	1.00	-	-	-	-1.00	-	-
Diluted EPS	3.00	1.00	-	-	-	-1.00	-	-
Basic Shares Outstanding	91.48	91.63	90.14	100.81	93.22	41.66	105.30	87.13
Diluted Shares Outstanding	105.34	94.50	96.42	100.81	93.22	41.66	105.30	87.13

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About DigitalOcean Holdings Financial Statements

What was DigitalOcean Holdings's revenue in fiscal 2025?

DigitalOcean Holdings reported revenue of $901.43M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 15.5% from $780.62M a year earlier.

Is DigitalOcean Holdings profitable?

Yes. DigitalOcean Holdings earned net income of $259.26M in fiscal 2025, a net margin of 28.8%. In fiscal 2024 it earned $84.49M.

What is DigitalOcean Holdings's operating margin?

DigitalOcean Holdings's operating income was $156.99M on revenue of $901.43M in fiscal 2025, an operating margin of 17.4%, compared with 11.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition