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DigitalOcean DOCN Current ratio

Current ratio at other companies

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MicrosoftMSFT
1.3×-0.1×
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AmazonAMZN
1.2×+0.1×
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Akamai TechnologiesAKAM
2.1×+0.9×
Snowflake logo
SnowflakeSNOW
1.1×-0.5×
CoreWeave, Inc.
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CoreWeave, Inc. CRWV
0.3×-0.1×
International Business Machines logo
International Business MachinesIBM
0.8×-0.2×

Other financials

Income statement

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Revenue$257.9M+22.4%
Gross profit$144.7M+11.8%
Operating income$36.6M-2.9%
Net income$15.8M-58.7%
EPS (diluted)$0.15-61.5%

Balance sheet

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Cash & equivalents$741.5M+105%
Total debt$1.3B-25.4%
Total equity$887.4M+521%
Total assets$2.6B+56.6%

Cash flow

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Operating cash flow$46.9M-26.8%
CapEx$40.0M-35.5%
Free cash flow$6.9M+226%

Valuation

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Market cap$18.56B+190%
Enterprise value$19.12B+113%
P/E78.4×+19.4×
P/S19.6×+11.6×

Profitability

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Gross margin58.5%-1.8pp
Operating margin16.4%+1.9pp
Net margin25%+11.5pp

Returns & leverage

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Return on equity-8.8%
Debt / equity1.5×

Where this comes from

Calculated from DigitalOcean’s reported figures.

Based on the most recent quarter.

The official record: DigitalOcean’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DigitalOcean's current ratio?
DigitalOcean (DOCN) reported current ratio of 1.5× in Q1 2026.
How has DigitalOcean's current ratio changed year-over-year?
DigitalOcean's current ratio decreased by 39.6% year-over-year, from 2.4× to 1.5×.
What is the long-term trend for DigitalOcean's current ratio?
Over 4 years (2021 to 2025), DigitalOcean's current ratio has grown at a -44.0% compound annual growth rate (CAGR), from 66.1× to 6.5×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.