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DigitalOcean DOCN EV / EBITDA

EV / EBITDA at other companies

Microsoft logo
MicrosoftMSFT
14.5×-4.7×
Amazon logo
AmazonAMZN
16.3×-0.3×
Akamai Technologies logo
Akamai TechnologiesAKAM
14.3×+4.1×
CoreWeave, Inc.
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CoreWeave, Inc. CRWV
24.2×
International Business Machines logo
International Business MachinesIBM
16.7×-7.1×
Cloudflare, Inc. logo
Cloudflare, Inc.NET
589.6×+42.2×

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$18.08B+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

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 EV / EBITDA?
DigitalOcean (DOCN) reported EV / EBITDA of 30.6× in Q1 2026.
How has DigitalOcean's EV / EBITDA changed year-over-year?
DigitalOcean's EV / EBITDA increased by 68.0% year-over-year, from 18.2× to 30.6×.
What is the long-term trend for DigitalOcean's EV / EBITDA?
Over 3 years (2022 to 2025), DigitalOcean's EV / EBITDA has grown at a -40.1% compound annual growth rate (CAGR), from 322.8× to 69.5×.
What does EV / EBITDA mean?
What the whole business (debt included) costs relative to its operating cash earnings.
How do you interpret EV / EBITDA?
Lets you compare companies with different leverage and tax positions on a like-for-like basis — the standard multiple in M&A. Lower can mean cheaper, subject to growth and capital intensity.
How does EV / EBITDA compare across companies?
Broadly comparable across non-financial sectors; not used for banks and insurers, where EBITDA is not meaningful.