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DigitalOcean DOCN EBITDA margin

EBITDA margin at other companies

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MicrosoftMSFT
61.4%+6.1pp
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AmazonAMZN
19.6%0.0pp
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Akamai TechnologiesAKAM
29.2%-0.4pp
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SnowflakeSNOW
-21.4%-6.1pp
CoreWeave, Inc.
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CoreWeave, Inc. CRWV
48.1%-7.5pp
International Business Machines logo
International Business MachinesIBM
25.6%+6.0pp

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 trailing twelve months.

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 EBITDA margin?
DigitalOcean (DOCN) reported EBITDA margin of 32.6% in Q1 2026.
How has DigitalOcean's EBITDA margin changed year-over-year?
DigitalOcean's EBITDA margin increased by 7.7% year-over-year, from 30.3% to 32.6%.
What is the long-term trend for DigitalOcean's EBITDA margin?
Over 5 years (2020 to 2025), DigitalOcean's EBITDA margin has grown at a 17.0% compound annual growth rate (CAGR), from 14.9% to 32.7%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.