What is DigitalOcean's market cap?

DigitalOcean (DOCN) has a market capitalization of $12.9B and trades on NYSE.

What is DigitalOcean's revenue and profitability?

DigitalOcean generated $948.6M in trailing twelve-month revenue with net income of $236.8M, representing a net margin of 25.0%. Gross margin stands at 58.5%, with free cash flow of $185.3M. These figures are based on the Q1 2026 filing.

Who are DigitalOcean's competitors?

DigitalOcean's key competitors include Akamai, Amazon Web Services, Microsoft Azure, and others. These companies compete in similar markets and product categories.

Who does DigitalOcean partner with?

DigitalOcean's notable partners include AMD, NVIDIA, Laravel, and others.

What subsidiaries does DigitalOcean have?

DigitalOcean's subsidiaries include Cloudways, Paperspace.

Where is DigitalOcean headquartered?

DigitalOcean is headquartered in United States of America and employs approximately 1,156 people. It has been publicly traded since 2021.

DigitalOcean

DOCN

DigitalOcean is a cloud computing platform designed for AI-driven and digital-native businesses, offering a simplified alternative to complex legacy cloud providers.

Market cap

$12.87B+378%

Revenue$948.6M+17.6%

Net income$236.8M+118%

Free cash flow$185.3M+122%

EPS (diluted)$2.26+104%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 5, 2026

Revenue$257.9MBeat by $8.1M EPS$0.44Beat by $0.17

Read the full report

Next report

Aug 4, 2026 (In 2 weeks)

Revenue estimate$277.5M

EPS estimate$0.26

Financials

Q1 2026

Income statement

See full

Revenue$257.9M+22.4%

Gross profit$144.7M+11.8%

Operating income$36.6M-2.8%

Net income$15.8M-58.7%

EPS (diluted)$0.15-61.5%

Balance sheet

See full

Cash & equivalents$741.5M+105%

Total debt$1.3B-25.4%

Total equity$887.4M+521%

Total assets$2.6B+56.6%

Cash flow

See full

Operating cash flow$46.9M-26.8%

CapEx$40.0M-35.5%

Free cash flow$6.9M+226%

Valuation & ratios

Valuation

See full

Market cap$12.87B+378%

Enterprise value$13.43B+231%

P/E54.3×+33.1×

P/S13.6×+10.3×

Profitability

See full

Gross margin58.5%-1.8pp

Operating margin16.4%+1.9pp

Net margin25%+11.5pp

FCF margin19.5%+9.2pp

Returns & leverage

See full

Debt / equity1.5×—

Current ratio1.5×-1.0×

Segments

By geography

See full

North America$112.8M+44.8%

Europe$62.6M+7.1%

Asia$57.6M+12.9%

Rest of the world$24.9M+6.8%

Competitors

By market cap

Alphabet Inc.$4.28T+101%

Microsoft$2.90T-21.3%

Amazon$2.66T+14.2%

Akamai Technologies$18.2B+58.5%

DigitalOcean$12.9B+380%

Rackspace Technology, Inc.$1.1B+248%

Backblaze, Inc.$971.6M+227%

Cycurion, Inc. Common Stock$5.1M-58.3%

By revenue growth

Microsoft+17.9%

DigitalOcean+17.6%

Alphabet Inc.+17.5%

Amazon+14.2%

Backblaze, Inc.+13.3%

Akamai Technologies+6.2%

By net margin

Microsoft39.34%+3.6pp

Alphabet Inc.37.92%+7.1pp

DigitalOcean24.97%+11.5pp

Amazon10.65%+0.5pp

Akamai Technologies10.2%-1.1pp

Rackspace Technology, Inc.-5.41%—

Backblaze, Inc.-14.97%+20.4pp

Profile

DigitalOcean is a cloud computing platform designed for AI-driven and digital-native businesses, offering a simplified alternative to complex legacy cloud providers. The company provides an agentic inference cloud that integrates GPU infrastructure with a full-stack cloud to help developers build, run, and scale intelligent applications. Its core value proposition centers on providing predictable economics and reducing operational complexity for growing technology companies.

Competitive position

DigitalOcean positions itself as a simple and approachable alternative to 'hyperscale' providers, specifically targeting the underserved market of small-to-medium sized technology businesses.

GeographiesNorth America, Europe, Asia, Australia

Customer segmentsSMEs, Developers, Digital Native Enterprises, Startups

Business modelSubscription SaaS, Usage-based pricing, IaaS, PaaS

SuppliersData center facility lessors, Hardware manufacturers (GPUs, CPUs, servers), Telecommunications and bandwidth providers, Open source software communities

CustomersOnline gaming companies, Fintech startups, Cybersecurity firms, Digital agencies, eCommerce businesses

CountryUnited States of America

Listed2021

Employees1.2K

CEOPadmanabhan T. Srinivasan

SectorTechnology

IndustrySoftware - Infrastructure

Websitedigitalocean.com

FilingsSEC EDGAR

Ask your AI about DigitalOcean.

Connect your AI assistant and dig into the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is DigitalOcean's market cap?: DigitalOcean (DOCN) has a market capitalization of $12.9B and trades on NYSE.
What is DigitalOcean's revenue and profitability?: DigitalOcean generated $948.6M in trailing twelve-month revenue with net income of $236.8M, representing a net margin of 25.0%. Gross margin stands at 58.5%, with free cash flow of $185.3M. These figures are based on the Q1 2026 filing.
Who are DigitalOcean's competitors?: DigitalOcean's key competitors include Akamai, Amazon Web Services, Microsoft Azure, and others. These companies compete in similar markets and product categories.
Who does DigitalOcean partner with?: DigitalOcean's notable partners include AMD, NVIDIA, Laravel, and others.
What subsidiaries does DigitalOcean have?: DigitalOcean's subsidiaries include Cloudways, Paperspace.
Where is DigitalOcean headquartered?: DigitalOcean is headquartered in United States of America and employs approximately 1,156 people. It has been publicly traded since 2021.