DigitalOcean Holdings, Inc. logo DOCN - DigitalOcean Holdings, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 12
HOLD 7
SELL 0
STRONG
SELL
0
| PRICE TARGET: $144.20 DETAILS
HIGH: $200.00
LOW: $57.00
MEDIAN: $175.00
CONSENSUS: $144.20
DOWNSIDE: 9.00%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Revenue
Revenue 257.9 242.4 229.6 218.7 210.7 204.9 198.5 192.5 184.7 180.9 177.1 169.8 165.1 163.0 152.1 133.9 127.3 119.7 111.4 103.8 93.7 87.5 81.2 76.9 72.8
Cost of Revenue 113.2 100.1 92.7 87.8 81.3 87.8 79.0 78.3 75.6 74.4 70.3 67.4 71.9 63.4 56.7 47.8 47.2 44.4 43.5 43.1 39.5 38.6 37.1 35.2 34.7
Gross Profit 144.7 142.3 136.9 130.9 129.4 117.1 119.4 114.1 109.1 106.5 106.7 102.5 93.3 99.6 95.4 86.1 80.1 75.3 67.9 60.7 54.1 48.9 44.1 41.7 38.1
Operating Expenses
R&D Expenses 48.8 44.3 38.1 39.6 39.6 37.1 37.4 33.0 32.9 30.9 32.6 38.6 38.3 39.4 30.2 37.0 37.2 36.2 29.9 27.1 22.4 20.7 19.7 15.1 19.5
SG&A Expenses 59.3 59.2 53.9 55.7 52.2 47.4 57.5 58.8 64.7 64.6 39.1 65.0 67.2 75.3 57.9 57.1 56.5 49.2 39.7 36.2 28.5 26.6 31.1 24.8 31.1
Other Expenses 0 0 0 0 0 0 0 0 0 0.0 (0.4) 0.4 20.9 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 108.1 103.5 92.0 95.3 91.8 84.5 94.8 91.8 97.6 95.5 71.3 104.0 126.3 114.7 88.2 94.0 93.7 85.4 69.6 63.3 50.9 47.3 50.8 39.9 50.6
Operating Income
Operating Income 36.6 38.8 44.9 35.6 37.6 32.5 24.6 22.3 11.5 11.0 35.5 (1.5) (33.1) (15.1) 7.2 (7.9) (13.6) (10.1) (1.7) (2.6) 3.3 1.6 (6.7) 1.8 (12.5)
Interest Expense 10.6 4.9 5.0 2.2 2.2 2.2 2.3 2.3 2.3 2.3 2.3 2.1 2.2 2.1 2.1 2.1 2.1 1.1 0.2 0.2 2.3 3.1 3.2 3.8 3.5
Interest Income 0 21.2 0 9.3 5.9 0 7.3 4.8 5.0 4.9 4.0 7.6 7.4 0 3.3 2.1 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 82.0 128.6 130.4 77.5 72.8 60.4 67.7 60.3 48.4 46.6 70.0 33.7 3.3 17.6 36.1 18.5 10.8 13.3 20.6 19.2 20.9 9.7 12.3 19.8 4.7
EBIT 36.6 37.4 95.4 44.7 43.6 31.2 31.9 27.1 16.6 15.8 39.4 6.1 (25.7) (10.7) 10.5 (5.8) (13.2) (10.1) (1.8) (2.4) (0.1) (10.7) (7.2) 1.5 (12.7)
Income Before Tax 24.5 32.5 90.3 42.4 41.4 29.0 29.6 24.8 14.3 13.5 37.1 4.0 (27.9) (12.8) 8.3 (7.9) (15.2) (11.2) (2.0) (2.7) (2.3) (13.8) (10.3) (2.3) (16.2)
Income Tax Expense 8.7 6.9 (68.1) 5.4 3.2 10.7 (3.3) 5.7 0.1 (2.4) 17.9 3.3 (11.5) (2.7) 0.4 (1.2) 3.3 0.9 (0.1) (0.5) 1.0 0.0 (0.1) 0.3 0.7
Net Income 15.8 25.7 158.4 37.0 38.2 18.3 32.9 19.1 14.1 15.9 19.2 0.7 (16.4) (10.1) 7.9 (6.8) (18.6) (12.1) (1.9) (2.2) (3.3) (13.9) (10.2) (2.6) (16.9)
Per Share Data
EPS (Basic) 0.17 0.28 1.73 0.41 0.42 0.20 0.36 0.21 0.16 0.18 0.22 0.04 -0.37 -0.10 0.08 -0.07 -0.17 -0.11 -0.02 -0.02 -0.07 -0.16 -0.12 -0.03 -0.19
EPS (Diluted) 0.15 0.25 1.51 0.39 0.37 0.19 0.32 0.20 0.15 0.17 0.19 0.04 -0.37 -0.10 0.08 -0.07 -0.17 -0.11 -0.02 -0.02 -0.07 -0.16 -0.12 -0.03 -0.19
Shares Outstanding 93.0 91.5 91.4 91.1 92.0 92.2 92.1 91.3 90.8 87.9 87.7 89.0 95.6 96.5 104.9 102.5 107.0 107.2 108.0 106.8 49.4 87.1 87.1 87.1 87.1
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4
Current Assets
Cash & Cash Equivalents 741.4 254.5 236.6 387.7 360.4 428.4 439.9 443.1 419.1 317.2 79.4 120.0 20.9 140.8 24.1 72.2 464.8 1,713.4 589.8 577.2 560.1 100.3
Short-Term Investments 0 0 0 0 0 0 0 0 0 94.5 304.7 430.5 591.7 723.5 800.5 1,094.0 1,090.4 0 0 0 0 0
Net Receivables 105.5 90.9 84.4 81.3 76.6 91.1 88.3 67.4 63.9 62.2 60.2 57.1 55.0 53.8 59.8 44.1 42.5 39.6 36.5 33.9 28.9 28.1
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 97.5 81.6 46.7 40.8 42.2 4.6 5.0 33.2 32.9 29.0 27.1 34.5 31.1 (0.6) 10.1 20.9 14.2 17.1 6.8 0 18.3 0
Total Current Assets 944.3 427.0 367.6 509.8 479.2 541.7 552.0 543.7 515.8 503.0 471.5 642.1 698.6 946.0 908.4 1,231.1 1,611.9 1,770.1 642.8 629.1 607.3 148.0
Non-Current Assets
Property, Plant & Equipment 1,082.4 859.9 800.6 734.7 689.2 620.4 492.4 505.9 478.1 460.6 451.1 437.4 463.5 426.9 271.0 268.4 259.4 249.6 241.1 243.1 242.7 239.0
Goodwill 350.7 348.7 348.7 348.7 348.7 348.7 348.7 348.7 348.3 348.3 348.3 296.6 296.6 315.2 315.2 32.2 32.2 32.2 32.2 2.7 2.7 2.7
Intangible Assets 97.7 99.5 104.4 109.3 113.5 117.7 123.1 128.7 134.4 140.2 145.9 113.8 117.6 118.9 122.5 52.2 46.5 42.9 43.3 34.5 34.6 34.6
Long-Term Investments 0 0 0 0 1.7 1.7 1.7 0 0 1.7 0 0 0 0 1.9 1.9 2.0 2.0 2.2 0 2.2 0
Other Non-Current Assets 11.6 12.3 12.4 16.8 8.8 8.5 6.5 7.9 7.0 5.1 7.6 7.2 7.3 7.9 4.6 4.8 4.8 4.1 4.2 6.0 3.7 5.9
Total Non-Current Assets 1,626.1 1,410.7 1,358.1 1,210.0 1,162.4 1,097.3 974.5 993.1 969.8 958.0 953.7 855.8 885.8 869.6 715.3 359.6 344.9 330.9 323.0 286.3 286.0 282.3
Total Assets 2,570.4 1,837.7 1,725.7 1,719.8 1,641.7 1,639.0 1,526.5 1,536.8 1,485.6 1,461.0 1,425.1 1,497.9 1,584.4 1,815.6 1,623.7 1,590.7 1,956.8 2,101.0 965.8 915.4 893.3 430.3
Current Liabilities
Account Payables 31.9 38.8 67.6 31.3 9.4 54.6 12.9 9.5 4.5 4.0 14.3 9.6 11.0 21.1 11.8 17.8 16.3 12.7 12.7 16.2 15.1 12.4
Short-Term Debt 480.1 464.6 9.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17.5
Deferred Revenue 6.3 5.9 8.6 11.3 5.6 5.4 5.6 6.8 5.5 5.3 5.1 5.0 5.0 5.5 5.5 4.7 5.2 4.8 5.1 5.0 4.9 4.9
Other Current Liabilities 128.7 110.2 53.3 48.9 47.6 3.7 61.3 81.7 73.3 16.0 64.0 53.1 58.9 6.6 4.4 12.7 15.2 21.7 11.3 2.9 14.5 15.2
Total Current Liabilities 647.0 619.5 325.0 224.5 198.3 221.0 176.0 220.2 189.0 192.6 184.3 167.3 186.2 165.5 98.8 74.2 62.5 58.2 57.6 55.4 46.0 84.8
Non-Current Liabilities
Long-Term Debt 419.5 266.0 1,284.3 1,489.2 1,487.3 1,485.4 1,483.5 1,481.6 1,479.7 1,477.8 1,475.9 1,474.0 1,472.1 1,470.3 1,468.4 1,466.5 1,464.5 1,462.7 0 0 0 242.2
Deferred Tax Liabilities 4.0 4.1 4.5 4.6 4.5 4.1 3.5 3.5 3.5 3.5 6.6 5.3 3.8 20.8 22.1 0.4 0.4 0.4 0.2 0.2 0.2 0.2
Other Non-Current Liabilities 612.6 976.8 21.3 0.6 0.7 1.1 1.6 2.3 4.3 9.5 9.8 5.5 6.5 3.8 4.2 1.3 1.6 1.5 1.6 1.8 1.9 175.1
Total Non-Current Liabilities 1,036.0 1,246.9 1,470.3 1,670.5 1,654.1 1,621.0 1,562.2 1,570.4 1,582.7 1,582.0 1,599.6 1,598.2 1,615.9 1,602.5 1,494.7 1,468.2 1,466.5 1,464.6 1.8 2.0 2.1 417.6
Total Liabilities 1,683.0 1,866.4 1,795.3 1,895.0 1,852.4 1,842.0 1,738.2 1,790.6 1,771.6 1,774.7 1,783.9 1,765.5 1,802.0 1,768.1 1,593.5 1,542.4 1,529.0 1,522.8 59.4 57.3 48.2 502.3
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings (28.0) (43.7) (69.4) (183.5) (220.5) (258.7) (277.0) (310.0) (330.1) (344.2) (357.8) (266.6) (245.8) (214.3) (200.8) (210.9) (204.7) (186.5) (174.4) (172.6) (170.4) (167.0)
Accumulated Other Comprehensive Income (1.6) (1.0) (0.9) (0.6) (1.2) (1.5) (0.4) (0.6) (0.6) (0.5) (1.0) (0.9) (0.7) (2.0) (4.3) (5.0) (2.3) (0.4) (0.3) (0.3) (0.2) (0.2)
Total Stockholders' Equity 887.4 (28.7) (69.6) (175.2) (210.7) (203.0) (211.7) (253.8) (286.1) (313.7) (358.8) (267.6) (217.7) 47.6 30.2 48.3 427.8 578.2 906.4 858.1 845.1 (72.1)
Total Liabilities & Equity 2,570.4 1,837.7 1,725.7 1,719.8 1,641.7 1,639.0 1,526.5 1,536.8 1,485.6 1,461.0 1,425.1 1,497.9 1,584.4 1,815.6 1,623.7 1,590.7 1,956.8 2,101.0 965.8 915.4 893.3 430.3
Debt Metrics
Total Debt 899.6 730.6 1,593.5 1,763.6 1,741.8 1,695.1 1,625.1 1,638.6 1,656.1 1,655.5 1,659.3 1,659.1 1,678.7 1,635.4 1,469.1 1,466.5 1,464.5 1,462.7 0 0 0 259.7
Net Debt 158.2 476.1 1,356.9 1,375.8 1,381.4 1,266.7 1,185.3 1,195.5 1,237.0 1,338.3 1,579.9 1,539.1 1,657.8 1,494.6 1,445.0 1,394.3 999.7 (250.7) (589.8) (577.2) (560.1) 159.4
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Operating Activities
Net Income 15.8 25.7 158.4 37.0 38.2 18.3 32.9 19.1 14.1 15.9 19.2 0.7 (16.4) (10.4) 10.1 (6.8) (18.6) (12.1) (1.9) (2.2) (3.3) (13.9) (10.2) (2.6) (16.9)
Depreciation & Amortization 45.5 40.4 35.1 32.8 29.2 29.2 38.4 33.1 31.9 30.8 30.6 27.6 28.9 28.3 25.6 24.3 23.9 23.4 22.4 21.6 21.0 20.4 19.5 18.3 17.4
Stock-Based Compensation 0 20.0 0 21.1 19.4 22.9 22.9 21.8 22.9 22.8 (2.4) 36.4 31.5 0 23.6 28.2 26.0 24.2 18.6 12.2 6.6 4.6 12.7 2.8 9.4
Change in Working Capital (34.9) (30.0) (9.0) 7.3 (19.7) (12.8) (22.9) (7.5) (14.2) 1.5 1.8 (19.1) (22.6) 9.3 (10.9) (6.0) (8.4) (0.2) (5.5) (4.7) (8.8) (7.3) (1.9) (8.0) (12.4)
Other Non-Cash Items 20.6 (0.1) (12.0) (5.7) (3.1) 11.4 2.0 4.7 12.0 10.1 5.9 15.3 13.2 37.6 5.7 6.3 7.4 0.6 6.6 13.5 (0.1) 14.1 3.2 5.0 3.9
Operating Cash Flow 46.9 57.3 99.9 92.4 64.1 71.3 73.4 71.3 66.7 80.5 54.0 64.2 36.2 62.8 54.4 46.1 30.4 32.7 40.2 40.4 19.8 18.0 23.3 15.6 1.3
Investing Activities
Capital Expenditure (44.7) (165.4) (10.9) (35.4) (65.0) (47.1) (59.8) (34.4) (45.2) (53.7) (21.4) (24.6) (25.1) (29.0) (31.9) (32.6) (25.3) (32.7) (26.7) (24.6) (23.8) (30.6) (26.1) (30.8) (28.2)
Acquisitions (4.0) 0 0.2 0 0 0 0 0 0 0.3 21.4 24.6 0 5.4 (299.8) (1.4) (4) (5) (5) 0 0.1 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 (34.1) (122.4) (196.0) (315.9) (122.2) (165.8) (1,092.8) 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 91.7 206.2 159.3 282.5 331.6 398.5 418.7 160.6 0.6 0 0 0 0 0 0 0 0
Other Investing Activities (11.8) 35.9 (27.6) 0 0 0.0 0.0 0 0 0 (120.7) (24.3) (2.5) (5.4) (5.3) 0.5 0.5 5.3 0.1 (1.3) 0.1 0.2 0 0 0
Investing Cash Flow (60.6) (129.5) (38.4) (35.4) (65.0) (47.1) (59.8) (34.4) 46.4 152.9 4.6 135.8 108.0 53.5 (40.6) (38.8) (1,121.0) (32.4) (31.5) (26.0) (23.7) (30.4) (26.1) (30.8) (28.2)
Financing Activities
Net Debt Issuance (378.1) 94.7 (206.4) (1.4) (1.4) (1.4) (1.4) (1.4) (1.4) (1.3) (0.9) 0 0 0 0 0 0 1,462.1 0 0 (263.2) (2.2) (4.1) (3.5) 74.9
Stock Repurchased 0 2.7 (2.9) (20.1) (59.1) (29.9) (11.7) (9.4) (8.8) (13.5) (106.0) (103.0) (265.9) 0 (50) (400) (150) (350.4) 0 (1.0) 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (1,113.5) 0 0 0 0 0 0 0
Other Financing Activities (11.1) (7.2) (5.9) (8.2) (6.8) (4.1) (7.7) (2.2) (1.1) 19.3 (1.4) 2.3 1.7 (3.7) (2.8) 0.1 (7.9) 1,124.9 3.9 3.7 3.7 (20.4) 11.3 50.5 3.6
Financing Cash Flow 500.6 90.3 (214.4) (29.7) (67.2) (35.4) (16.8) (12.9) (11.2) 4.4 (108.4) (100.8) (264.2) 0.2 (52.8) (399.9) (157.9) 1,123.1 3.9 2.7 463.6 (8.7) (2.2) 50.4 84.5
Cash Position
Net Change in Cash 486.9 17.9 (151.2) 27.3 (68.0) (11.4) (3.2) 24.0 101.8 237.9 (49.8) 99.2 (120.1) 116.7 (39.0) (392.8) (1,248.6) 1,123.4 12.5 17.2 459.7 (21.1) (5.0) 35.2 57.6
Cash at Beginning 254.5 236.6 387.7 362.2 430.2 441.6 443.1 420.8 319.0 81.1 130.9 31.7 151.8 33.2 74.1 466.9 1,715.4 592.0 579.4 562.3 102.5 123.7 128.6 93.4 35.9
Cash at End 741.4 254.5 236.6 389.5 362.2 430.2 439.9 444.9 420.8 319.0 81.1 130.9 31.7 149.9 35.1 74.1 466.9 1,715.4 592.0 579.4 562.3 102.5 123.7 128.6 93.4
Free Cash Flow 2.2 (108.1) 89.0 57.0 (0.9) 24.2 13.6 37.0 21.5 26.9 32.6 39.5 11.1 33.8 22.4 13.5 5.1 0.1 13.5 15.8 (4.0) (12.6) (2.8) (15.2) (26.9)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Income Statement
Revenue 257.9 242.4 229.6 218.7 210.7 204.9 198.5 192.5 184.7 180.9 177.1 169.8 165.1 163.0 152.1 133.9 127.3 119.7 111.4 103.8 93.7 87.5 81.2 76.9 72.8
Gross Profit 144.7 142.3 136.9 130.9 129.4 117.1 119.4 114.1 109.1 106.5 106.7 102.5 93.3 99.6 95.4 86.1 80.1 75.3 67.9 60.7 54.1 48.9 44.1 41.7 38.1
Operating Income 36.6 38.8 44.9 35.6 37.6 32.5 24.6 22.3 11.5 11.0 35.5 (1.5) (33.1) (15.1) 7.2 (7.9) (13.6) (10.1) (1.7) (2.6) 3.3 1.6 (6.7) 1.8 (12.5)
Net Income 15.8 25.7 158.4 37.0 38.2 18.3 32.9 19.1 14.1 15.9 19.2 0.7 (16.4) (10.1) 7.9 (6.8) (18.6) (12.1) (1.9) (2.2) (3.3) (13.9) (10.2) (2.6) (16.9)
EPS (Diluted) 0.15 0.25 1.51 0.39 0.37 0.19 0.32 0.20 0.15 0.17 0.19 0.04 -0.37 -0.10 0.08 -0.07 -0.17 -0.11 -0.02 -0.02 -0.07 -0.16 -0.12 -0.03 -0.19
Balance Sheet
Cash & Equivalents 741.4 254.5 236.6 387.7 360.4 428.4 439.9 443.1 419.1 317.2 79.4 120.0 20.9 140.8 24.1 72.2 464.8 1,713.4 589.8 577.2 560.1 100.3
Total Assets 2,570.4 1,837.7 1,725.7 1,719.8 1,641.7 1,639.0 1,526.5 1,536.8 1,485.6 1,461.0 1,425.1 1,497.9 1,584.4 1,815.6 1,623.7 1,590.7 1,956.8 2,101.0 965.8 915.4 893.3 430.3
Total Debt 899.6 730.6 1,593.5 1,763.6 1,741.8 1,695.1 1,625.1 1,638.6 1,656.1 1,655.5 1,659.3 1,659.1 1,678.7 1,635.4 1,469.1 1,466.5 1,464.5 1,462.7 0 0 0 259.7
Stockholders' Equity 887.4 (28.7) (69.6) (175.2) (210.7) (203.0) (211.7) (253.8) (286.1) (313.7) (358.8) (267.6) (217.7) 47.6 30.2 48.3 427.8 578.2 906.4 858.1 845.1 (72.1)
Cash Flow
Operating Cash Flow 46.9 57.3 99.9 92.4 64.1 71.3 73.4 71.3 66.7 80.5 54.0 64.2 36.2 62.8 54.4 46.1 30.4 32.7 40.2 40.4 19.8 18.0 23.3 15.6 1.3
Capital Expenditure (44.7) (165.4) (10.9) (35.4) (65.0) (47.1) (59.8) (34.4) (45.2) (53.7) (21.4) (24.6) (25.1) (29.0) (31.9) (32.6) (25.3) (32.7) (26.7) (24.6) (23.8) (30.6) (26.1) (30.8) (28.2)
Free Cash Flow 2.2 (108.1) 89.0 57.0 (0.9) 24.2 13.6 37.0 21.5 26.9 32.6 39.5 11.1 33.8 22.4 13.5 5.1 0.1 13.5 15.8 (4.0) (12.6) (2.8) (15.2) (26.9)