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DigitalOcean Holdings, Inc.

DOCN NYSE Categories PDF
Technology · Software - Infrastructure · United States · Updated May 11, 1:50pm
$160.22
Price
$16.7B
Market Cap
1,210
Employees
1.42
Beta
Padmanabhan T. Srinivasan
CEO
Business Description

DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. Its platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and medium size businesses. The company offers infrastructure solutions across compute, storage, and networking, as well as enables developers to extend the native capabilities of its cloud with fully managed application, container, and database offerings. Its users include software engineers, researchers, data scientists, system administrators, students, and hobbyists. The company's customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and others. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York.

Business History
Price Overview
Last updated: May 11, 2026 2:56pm (just now)
$161.28
-2.67 (-1.63%)
Day Range
$155.49 – $162.85
52-Week Range
$25.56 – $164.77
50-Day MA
$86.97
200-Day MA
$54.68
Volume
1,865,879.00
Analyst Price Targets
Low $57.00
Consensus $136.40
High $200.00
(31 analysts)
Share Structure
Outstanding 104,364,000.00
Float 76,143,243.00
Free Float 73.0%
Normal free float — 73.0% of shares trade freely, ~27% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
API
Stock Price / EPS (Diluted)
58.62
Stock Price: $160.22
EPS (Diluted): 2.83
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
-153.44
Stock Price: $160.22
Total Equity: -$28.69M
Shares: 105,343,000
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
40.34
Market Cap: $16.72B
Total Debt: $730.56M
Cash: $254.48M
EBITDA: $362.05M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$4.9B
Market Cap: $16.72B
Total Debt: $730.56M
Cash: $254.48M
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
59.9%
Gross Profit: $539.59M
Revenue: $901.43M
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
17.4%
Operating Income: $156.99M
Revenue: $901.43M
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
28.8%
Net Income: $259.26M
Revenue: $901.43M
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
165.7%
Net Income: $259.26M
Total Equity: -$28.69M
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
6.5%
Operating Income: $156.99M
Tax Rate: -25.5%
Equity: -$28.69M
Total Debt: $730.56M
Cash: $254.48M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
0.69
Current Assets: $426.98M
Current Liabilities: $619.46M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
-25.46
Short-Term Debt: $464.56M
Long-Term Debt: $266.00M
Total Debt: $730.56M
Total Equity: -$28.69M
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$8.56
Revenue: $901.43M
Shares: 105,343,000
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$-0.27
Total Equity: -$28.69M
Shares: 105,343,000
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$1.61
Operating CF: $309.60M
CapEx: -$139.85M
Shares: 105,343,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $160.22
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $259.26M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares DOCN against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Metric 2021 2022 2023 2024 2025
Revenue $428.6M $576.3M $692.9M $780.6M $901.4M
Cost of Revenue $170.6M $211.9M $284.0M $314.7M $361.8M
Gross Profit $258.0M $364.4M $408.9M $465.9M $539.6M
Operating Expenses $269.2M $390.1M $397.0M $374.9M $382.6M
Operating Income -$11.2M -$25.7M $11.9M $91.0M $157.0M
Net Income -$19.5M -$27.8M $19.4M $84.5M $259.3M
EBITDA $73.9M $86.7M $153.6M $236.9M $362.1M
EPS $-0.18 $-0.24 $0.22 $0.92 $2.83
EPS (Diluted) — — — — —
Balance Sheet (Annual)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $1.7B $140.8M $317.2M $428.4M $254.5M
Total Current Assets $1.8B $946.0M $503.0M $541.7M $427.0M
Total Assets $2.1B $1.8B $1.5B $1.6B $1.8B
Current Liabilities $58.2M $165.5M $192.6M $221.0M $619.5M
Long-Term Debt $1.5B $1.5B $1.5B $1.5B $266.0M
Total Liabilities $1.5B $1.8B $1.8B $1.8B $1.9B
Total Equity $578.2M $47.6M -$313.7M -$203.0M -$28.7M
Retained Earnings -$186.5M -$214.3M -$344.2M -$258.7M -$43.7M
Cash Flow (Annual)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $133.1M $195.2M $234.9M $282.7M $309.6M
Capital Expenditure -$109.1M -$120.2M -$124.8M -$186.5M -$139.9M
Free Cash Flow $24.0M $74.9M $110.1M $96.2M $169.8M
Acquisitions (net) -$5.0M -$305.2M -$99.0M $43,000 $0
Debt Repayment — — — — —
Dividends Paid — — — — —
Stock Buybacks -$350.0M -$600.0M -$488.5M -$59.8M -$82.1M
Net Change in Cash $1.6B -$1.6B $167.2M $111.2M -$174.0M
Analyst Estimates (Annual)
Metric 2025 2026 2027 2028
Revenue $896.8M
$896.5M – $896.9M
 $1.1B
$1.1B – $1.1B
 $1.7B
$1.7B – $1.8B
 $2.4B
$2.4B – $2.4B
EBITDA $545.4M
$545.3M – $545.5M
 $692.3M
$684.2M – $698.4M
 $1.0B
$1.0B – $1.1B
 $1.5B
$1.5B – $1.5B
Net Income $216.5M
$213.4M – $219.7M
 $133.8M
$101.0M – $166.5M
 $173.1M
$124.4M – $221.7M
 $322.5M
$315.2M – $329.8M
EPS — — — —
Growth Trends (YoY %)
Metric 2022 2023 2024 2025
Revenue Growth +34.5% +20.2% +12.7% +15.5%
Gross Profit Growth +41.3% +12.2% +13.9% +15.8%
Operating Income Growth -129.7% +146.3% +665.0% +72.5%
Net Income Growth -42.6% +169.8% +335.3% +206.8%
EBITDA Growth +17.4% +77.1% +54.2% +52.9%
Insider Trading (Recent)
Date Insider Type Shares Price Value
2026-03-31 SCHNEIDER HILARY A-Award 281.00 $66.57 $18,706
2026-03-31 Keffer Pueo A-Award 234.00 $66.57 $15,577
2026-03-20 Srinivasan Padmanabhan T A-Award 130,891.00 $0.00 $0
2026-03-20 Steinfort Matt A-Award 52,356.00 $0.00 $0
2026-03-20 Kumar Vinay S. A-Award 32,722.00 $0.00 $0
2026-03-20 Barrett Cherie A-Award 9,349.00 $0.00 $0
2026-02-27 Steinfort Matt A-Award 67,223.00 $0.00 $0
2026-03-01 Steinfort Matt F-InKind 32,470.00 $56.06 $1.8M
2026-03-03 Steinfort Matt S-Sale 20,000.00 $55.40 $1.1M
2026-02-27 Barrett Cherie A-Award 5,704.00 $0.00 $0
2026-03-01 Barrett Cherie F-InKind 3,032.00 $56.06 $169,974
2026-03-02 Barrett Cherie S-Sale 22,000.00 $54.77 $1.2M
2026-03-01 Srinivasan Padmanabhan T F-InKind 9,237.00 $56.06 $517,826
2026-02-25 Kumar Vinay S. A-Award 145,296.00 $0.00 $0
2026-02-25 Kumar Vinay S. A-Award 134,918.00 $0.00 $0
2026-01-16 Kumar Vinay S. 0.00 $0.00 $0
2025-12-31 Adelman Warren J A-Award 550.00 $43.16 $23,738
2025-12-31 Keffer Pueo A-Award 362.00 $43.16 $15,624
2025-12-31 SCHNEIDER HILARY A-Award 434.00 $43.16 $18,731
2025-12-31 JENSON WARREN A-Award 448.00 $43.16 $19,336
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.193 · 1946f027 · 2026-05-08 18:57:27