DigitalOcean Holdings, Inc. (DOCN)

112.47USD +2.81% (+3.07)

Over 1M: -9.4%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

110 120 130
7 Aug 12 Aug 17 Aug 20 Aug 25 Aug 28 Aug 2 Sep

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Revenue: 111.4M Q3 '21 — Gross Profit: 67.9M Q3 '21 — Operating Income: -1.7M Q3 '21 — Operating Cash Flow: 40.2M Q3 '21 — Free Cash Flow: 20.7M Q4 '21 — Revenue: 119.7M Q4 '21 — Gross Profit: 75.3M Q4 '21 — Operating Income: -10.1M Q4 '21 — Operating Cash Flow: 32.7M Q4 '21 — Free Cash Flow: 2.1M Q1 '22 — Revenue: 127.3M Q1 '22 — Gross Profit: 80.1M Q1 '22 — Operating Income: -13.6M Q1 '22 — Operating Cash Flow: 30.4M Q1 '22 — Free Cash Flow: 7.4M Q2 '22 — Revenue: 133.9M Q2 '22 — Gross Profit: 86.1M Q2 '22 — Operating Income: -7.9M Q2 '22 — Operating Cash Flow: 46.1M Q2 '22 — Free Cash Flow: 20.4M Q3 '22 — Revenue: 152.1M Q3 '22 — Gross Profit: 95.4M Q3 '22 — Operating Income: 7.2M Q3 '22 — Operating Cash Flow: 55.8M Q3 '22 — Free Cash Flow: 24.9M Q4 '22 — Revenue: 163M Q4 '22 — Gross Profit: 102.8M Q4 '22 — Operating Income: -11.4M Q4 '22 — Operating Cash Flow: 62.8M Q4 '22 — Free Cash Flow: 36.1M Q1 '23 — Revenue: 165.1M Q1 '23 — Gross Profit: 93.3M Q1 '23 — Operating Income: -33.1M Q1 '23 — Operating Cash Flow: 36.2M Q1 '23 — Free Cash Flow: 12.9M Q2 '23 — Revenue: 169.8M Q2 '23 — Gross Profit: 102.5M Q2 '23 — Operating Income: -1.5M Q2 '23 — Operating Cash Flow: 64.2M Q2 '23 — Free Cash Flow: 40.6M Q3 '23 — Revenue: 177.1M Q3 '23 — Gross Profit: 106.7M Q3 '23 — Operating Income: 35.5M Q3 '23 — Operating Cash Flow: 54M Q3 '23 — Free Cash Flow: 33.8M Q4 '23 — Revenue: 180.9M Q4 '23 — Gross Profit: 103.3M Q4 '23 — Operating Income: 11M Q4 '23 — Operating Cash Flow: 80.5M Q4 '23 — Free Cash Flow: 28.3M Q1 '24 — Revenue: 184.7M Q1 '24 — Gross Profit: 109.1M Q1 '24 — Operating Income: 11.5M Q1 '24 — Operating Cash Flow: 66.7M Q1 '24 — Free Cash Flow: 23M Q2 '24 — Revenue: 192.5M Q2 '24 — Gross Profit: 114.1M Q2 '24 — Operating Income: 22.3M Q2 '24 — Operating Cash Flow: 71.3M Q2 '24 — Free Cash Flow: 39.5M Q3 '24 — Revenue: 198.5M Q3 '24 — Gross Profit: 116.6M Q3 '24 — Operating Income: 24.6M Q3 '24 — Operating Cash Flow: 73.4M Q3 '24 — Free Cash Flow: 16M Q4 '24 — Revenue: 204.9M Q4 '24 — Gross Profit: 126.1M Q4 '24 — Operating Income: 32.5M Q4 '24 — Operating Cash Flow: 71.3M Q4 '24 — Free Cash Flow: 26.1M Q1 '25 — Revenue: 210.7M Q1 '25 — Gross Profit: 129.4M Q1 '25 — Operating Income: 37.6M Q1 '25 — Operating Cash Flow: 64.1M Q1 '25 — Free Cash Flow: 2.1M Q2 '25 — Revenue: 218.7M Q2 '25 — Gross Profit: 130.9M Q2 '25 — Operating Income: 35.6M Q2 '25 — Operating Cash Flow: 92.4M Q2 '25 — Free Cash Flow: 59.2M Q3 '25 — Revenue: 229.6M Q3 '25 — Gross Profit: 136.9M Q3 '25 — Operating Income: 44.9M Q3 '25 — Operating Cash Flow: 95.8M Q3 '25 — Free Cash Flow: 88M Q4 '25 — Revenue: 242.4M Q4 '25 — Gross Profit: 142.3M Q4 '25 — Operating Income: 38.8M Q4 '25 — Operating Cash Flow: 57.3M Q4 '25 — Free Cash Flow: 31.1M Q1 '26 — Revenue: 257.9M Q1 '26 — Gross Profit: 144.7M Q1 '26 — Operating Income: 36.6M Q1 '26 — Operating Cash Flow: 46.9M Q1 '26 — Free Cash Flow: 6.9M Q2 '26 — Revenue: 281.2M Q2 '26 — Gross Profit: 154.7M Q2 '26 — Operating Income: 29.4M Q2 '26 — Operating Cash Flow: 110M Q2 '26 — Free Cash Flow: 68.4M 0 70M 140M 210M 280M 350M
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Revenue Gross Profit Operating Income Operating Cash Flow Free Cash Flow

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

4.2
Adj. EBITDA margin 41.2%
SBC / sales 9.4%
Oper. margin 14.8%
OE margin 9.8%
ROIC 6.5%
Accruals -2.4%
EBITDA margin 31.8%
OCF / EBIT 2.1×
OCF margin 30.7%
Profit margin 23.3%
ROE 25.3%
FCF margin 19.2%
Gross margin 57.2%
ROA 7.5%
ROCE 6.4%
Asset turnover 0.32×
Capex / sales 11.4%

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

1.1
EV/EBIT 94.2×
EV/OE 141.8×
FCF yield 1.5%
P/C 17.2×
EV/GP 24.4×
EV/Sales 13.9×
P/B 14.2×
P/E 56.2×
Shareholder yield 0.022%
Div. yield —
Fwd P/E —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

5.3
Revenue growth in the worst year on record 12.7%
Gross margin stability across years 2.7 pp
Cash-flow margin stability 6.0 pp
RPO / sales 0.052×
Prepaid revenue growth 370.9%
RPO growth —
Segment HHI —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

4.0
Interest cover 10.1×
ND/EBITDA -0.062
Current ratio 1.4×
Payout 0.0%
F-score 7.0 pts
Cash / Debt 0.47×
Debt payback 4.5 yr
Quick ratio 1.3×
Equity / Assets 29.8%
Net debt / Eq 0.94×
Debt / Eq 1.8×
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

5.5
Operating margin trend 5.5
Most recent margin move 1.9
Sales CAGR 4Y +20.4%
Sales/sh Y/Y +8.9%
EPS Y/Y +66.9%
Sales Q/Q +28.6%
Gross profit Y/Y +15.8%
EBIT Y/Y +14.8%
Shares change +11.5%
Div. growth —
EBIT CAGR —
EPS CAGR 4Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.