DigitalOcean Holdings Inc

DigitalOcean Holdings Inc

DOCN · NYSE · Technology / Software - Infrastructure

86.32USD-3.75 (-4.16%)

Price History

Full chart

Market Stats

Previous Close90.07
Open90.54
Day Range83.55 – 91.29
52-Week Range37.84 – 187.50
Volume2.62M
Market Cap11.93B
P/E (TTM)46.77
Forward P/E76.34
EPS2.17
Dividend Yield0.00%
Beta1.70
50-Day Avg123.83
200-Day Avg109.95

About

DigitalOcean Holdings, Inc., through its subsidiaries, operates an agentic inference cloud platform in North America, Europe, Asia, and internationally. The company provides AI and Digital Native Enterprises build, run, and scale intelligent applications for growing technology companies. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute, storage, and networking products, including cloud firewalls, managed load balancers, NAT gateways, and virtual private cloud software, as well as IP address management and domain name system management. In addition, the company provides platform-as-a-service (PaaS) and software-as-a-service (SaaS) solutions, such as managed databases; managed Kubernetes and container registry; application platform to build, deploy, and scale applications; Functions, a serverless compute solution; and Uptime for real-time uptime and latency alerts, as well as managed hosting and DigitalOcean Marketplace, a platform where developers can find pre-configured applications and solutions. Further, it offers artificial intelligence (AI)/machine learning (ML) applications comprising GPU droplets; bare metal GPUS, which provides access to a GPU server without any virtualization layer and gives developers with customizable server for their use case; and Jupyter Notebooks that provides cloud workspace and managed interactive development environment for exploring data and training, and building machine learning models. Its customers use its platform in various industry verticals, such as online gaming, fintech, and cybersecurity, as well as for a range of use cases, including building and hosting websites, web and mobile applications development, AI integration, and building AI products and applications. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in Broomfield, Colorado.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Padmanabhan T. Srinivasan
  • Employees1.46K
  • Headquarters105 Edgeview Drive, Broomfield, CO, United States, 80021, USA
  • Websitehttps://www.digitalocean.com

Leadership

  • Mr. Padmanabhan T. SrinivasanCEO & Director · b. 1976
  • Mr. W. Matthew SteinfortChief Financial Officer · b. 1970
  • Ms. Cherie BarrettSenior VP & Chief Accounting Officer · b. 1973
  • Mr. Vinay S. KumarChief Product and Technology Officer · b. 1979
  • Mr. Brady Mickelsen J.D.Chief Legal & Administrative Officer · b. 1971
  • Mr. Leo LeungChief Marketing Officer
  • Mr. Kevin Van GundyChief Revenue Officer
  • Mr. Alan Shapiro J.D.General Counsel & Secretary · b. 1969

Financials

Income Statement

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue203.14M254.82M318.38M428.56M576.32M692.88M780.62M901.43M
Growth (%)-+25.44%+24.94%+34.61%+34.48%+20.23%+12.66%+15.48%
Cost of Revenue97.04M122.26M145.53M170.59M211.93M283.97M314.67M361.83M
Gross Profit106.09M132.56M172.85M257.97M364.39M408.92M465.94M539.59M
Gross Margin52.23%52.02%54.29%60.19%63.23%59.02%59.69%59.86%
Operating Expense133.39M162.47M188.64M269.15M390.09M397.02M374.94M382.60M
Operating Income-27.29M-29.91M-15.79M-11.19M-25.70M11.90M91.01M156.99M
Operating Margin-13.44%-11.74%-4.96%-2.61%-4.46%1.72%11.66%17.42%
EBITDA23.95M32.84M46.53M73.92M86.74M153.59M236.86M362.05M
EBITDA Margin11.79%12.89%14.61%17.25%15.05%22.17%30.34%40.16%
Net Income-36.00M-40.39M-43.57M-19.50M-27.80M19.41M84.49M259.26M
Net Income Margin-17.72%-15.85%-13.68%-4.55%-4.82%2.80%10.82%28.76%
R&D44.93M59.97M74.97M115.68M143.88M140.37M142.50M161.62M
R&D as % of Total Revenue22.12%23.54%23.55%26.99%24.97%20.26%18.25%17.93%
Interest Expense6.31M9.36M13.61M3.74M8.40M8.95M9.11M17.94M
Interest Expense % of Total Revenue3.11%3.67%4.27%0.87%1.46%1.29%1.17%1.99%

Balance Sheet

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets245.06M302.49M430.25M2.10B1.82B1.46B1.64B1.84B
Total Liabilities178.66M251.50M502.35M1.52B1.77B1.77B1.84B1.87B
Total Equity-56.86M50.98M-72.09M578.20M47.57M-313.70M-202.96M-28.69M
Cash29.98M32.91M100.31M1.71B140.77M317.24M428.45M254.47M
Total Debt135.93M191.06M259.68M1.46B1.64B1.66B1.70B730.55M
Net Debt105.95M158.15M159.37M-250.71M1.49B1.34B1.27B476.08M

Cash Flow

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow37.95M39.90M58.46M133.11M195.15M234.94M282.73M309.60M
Investing Cash Flow-61.25M-87.38M-115.63M-113.61M-1.15B401.15M-94.81M-268.29M
Financing Cash Flow-14.25M49.80M124.03M1.59B-610.36M-468.90M-76.45M-216.91M
Capital Expenditure61.25M70.44M115.81M109.10M120.22M124.81M186.52M268.51M
Free Cash Flow-23.30M-30.54M-57.35M24.02M74.94M110.13M96.20M41.09M
Dividends Paid--1.40M1.48B-43.39M--
FCF to OCF-61.39%-76.54%-98.10%18.04%38.40%46.87%34.03%13.27%
Dividend Paid to FCF---2.45%6165.16%-39.40%--

Earnings

Report DateMar 24, 2021May 7, 2021Aug 5, 2021Nov 4, 2021Feb 24, 2022May 4, 2022Aug 8, 2022Nov 7, 2022Feb 16, 2023May 9, 2023Aug 11, 2023Nov 2, 2023Feb 21, 2024May 10, 2024Aug 8, 2024Nov 4, 2024Feb 19, 2025May 6, 2025Aug 5, 2025Nov 5, 2025Feb 24, 2026May 5, 2026Aug 4, 2026Nov 3, 2026Nov 4, 2026
EPS Estimate-0.050.010.050.070.090.120.100.230.190.290.410.360.370.380.390.400.340.440.470.310.380.260.100.110.11
EPS Actual-0.120.060.100.120.100.070.200.380.280.280.440.440.440.430.480.520.490.560.590.380.440.440.32--
Surprise-140.00%500.00%100.00%71.43%11.11%-41.67%100.00%65.22%47.37%-3.45%7.32%22.22%18.92%13.16%23.08%30.00%43.70%27.27%25.53%22.58%15.61%69.23%220.00%--
TimingAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap11.93B
Enterprise Value17.37B
Trailing P/E46.77
Forward P/E76.34
PEG Ratio1.54
Price / Sales11.80
Price / Book17.84
EPS2.17
Book Value8.86
Revenue (TTM)1.01B
Gross Profit (TTM)578.57M
EBITDA308.63M
Profit Margin23.27%
Operating Margin10.44%
Return on Equity62.27%
Return on Assets3.86%
Shares Outstanding117.58M
Shares Float97.76M
Beta1.70
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 17 analystsTarget 176.20
  • Strong Buy
    11
  • Buy
    3
  • Hold
    3

Ownership Breakdown

Institutions
82.56%
Insiders
16.63%
Retail / Other
0.81%

Top Institutional Holders

  • JPMorgan Chase & Co
    13.85M11.78%
  • BlackRock Inc
    8.79M7.48%
  • Vanguard Portfolio Management, LLC
    4.55M3.87%
  • Hood River Capital Management LLC
    4.20M3.57%
  • Vanguard Capital Management, LLC
    3.74M3.18%
  • Fuller & Thaler Asset Management Inc
    2.63M2.24%
  • State Street Corp
    2.51M2.13%
  • Two Sigma Investments LLC
    1.89M1.60%
  • Geode Capital Management, LLC
    1.89M1.60%
  • T. Rowe Price Associates, Inc.
    1.87M1.59%
  • Citadel Advisors Llc
    1.77M1.50%
  • The Goldman Sachs Group Inc
    1.68M1.43%
  • Ameriprise Financial Inc
    1.60M1.36%
  • FMR Inc
    1.58M1.35%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    3.48M2.96%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.66M2.26%
  • JPMorgan Large Cap Growth I
    2.41M2.05%
  • Vanguard Small Cap Index
    2.12M1.80%
  • Hood River Small-Cap Growth Instl
    2.08M1.77%
  • FullerThaler Behavioral Sm-Cp Gr R6
    1.64M1.40%