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DigitalOcean DOCN Debt-to-assets

Debt-to-assets at other companies

Microsoft logo
MicrosoftMSFT
0.2×0.0×
Amazon logo
AmazonAMZN
0.3×0.0×
Akamai Technologies logo
Akamai TechnologiesAKAM
0.2×0.0×
Snowflake logo
SnowflakeSNOW
0.1×0.0×
CoreWeave, Inc.
 logo
CoreWeave, Inc. CRWV
0.6×+0.1×
International Business Machines logo
International Business MachinesIBM
0.5×0.0×

Other financials

Income statement

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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

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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$18.08B+190%
Enterprise value$18.64B+113%
P/E76.4×+18.9×
P/S19.1×+11.3×

Profitability

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Gross margin58.5%-1.8pp
Operating margin16.4%+1.9pp
Net margin25%+11.5pp
FCF margin19.5%+9.2pp

Returns & leverage

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Return on equity-8.8%
Debt / equity1.5×
Current ratio1.5×-1.0×

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 debt-to-assets?
DigitalOcean (DOCN) reported debt-to-assets of 0.5× in Q1 2026.
How has DigitalOcean's debt-to-assets changed year-over-year?
DigitalOcean's debt-to-assets decreased by 52.3% year-over-year, from 1.1× to 0.5×.
What is the long-term trend for DigitalOcean's debt-to-assets?
Over 5 years (2020 to 2025), DigitalOcean's debt-to-assets has grown at a 8.9% compound annual growth rate (CAGR), from 0.6× to 0.9×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.