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DigitalOcean DOCN Excise taxes related to repurchase of common stock

Excise taxes related to repurchase of common stock at other companies

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$99.69M-20.3%

Other financials

Income statement

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Revenue$281.2M+28.6%
Gross profit$154.7M+18.1%
Operating income$29.4M-17.5%
Net income$35.4M-4.3%
EPS (diluted)$0.29-25.6%

Balance sheet

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Cash & equivalents$767.0M+96.9%
Total debt$1.4B-20.6%
Total equity$930.7M+631%
Total assets$3.1B+81.6%

Cash flow

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Operating cash flow$110.0M+19.0%
CapEx$41.6M+25.3%
Free cash flow$68.4M+15.4%

Valuation

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Market cap$14.37B+333%
Enterprise value$15B+220%
P/E61.1×+34.8×
P/S14.2×+10.2×

Profitability

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Gross margin57.2%-3.2pp
Operating margin14.8%-0.9pp
Net margin23.3%+8.1pp
FCF margin19.2%+6.8pp

Returns & leverage

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Return on equity-8.8%
Debt / equity1.5×
Current ratio1.3×-1.0×

Where this comes from

Reported directly by DigitalOcean in its filing.

Tagged under the XBRL concept docn:AccruedExciseTaxRepurchaseOfCommonStockCurrent.

The source filing: DigitalOcean’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 4:28 PM EST
Fiscal year
FY2025
Accession
0001582961-26-000019
Line itemDecember 31, 2025December 31, 2024
Sales and other taxes payable$57,454$39,847
Other current liabilities9,1003,163
Employee contributions under ESPP877492
Excise taxes related to repurchase of common stock79
Total other current liabilities$67,510$43,502

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is DigitalOcean's excise taxes related to repurchase of common stock?
DigitalOcean (DOCN) reported excise taxes related to repurchase of common stock of $79K in Q4 2025.
What is the long-term trend for DigitalOcean's excise taxes related to repurchase of common stock?
Over 2 years (2023 to 2025), DigitalOcean's excise taxes related to repurchase of common stock has grown at a -87.3% compound annual growth rate (CAGR), from $4.88M to $79K.
What does excise taxes related to repurchase of common stock mean?
This represents the estimated excise tax liability incurred by the company due to the repurchase of its own common stock. It reflects the tax impact of corporate capital return programs under current tax legislation.

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