InsiderClue
Stocks · Technology · Services-Computer Programming, Data Processing, Etc.

DigitalOcean Holdings, Inc.

DOCN Clue Score58
United States Fiscal year ends December CIK 0001582961
$134.82 +8.81% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $134.82 +60.69% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 24 Mar 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2019Revenue254.8Operating income−29.9Net income−40.4EPS, diluted−1.06Fiscal year 2020Revenue318.4 +24.9%Operating income−15.8Net income−43.6EPS, diluted−1.05Fiscal year 2021Revenue428.6 +34.6%Operating income−11.2Net income−19.5EPS, diluted−0.21Fiscal year 2022Revenue576.3 +34.5%Operating income−25.7Net income−27.8EPS, diluted−0.28Fiscal year 2023Revenue692.9 +20.2%Operating income11.9Net income19.4EPS, diluted0.20Fiscal year 2024Revenue780.6 +12.7%Operating income91.0Net income84.5 +335.3%EPS, diluted0.89Fiscal year 2025Revenue901.4 +15.5%Operating income157.0Net income259.3 +206.8%EPS, diluted2.52
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 254.8 318.4 428.6 576.3 692.9 780.6 901.4
Growth +24.9% +34.6% +34.5% +20.2% +12.7% +15.5%
Operating income −29.9 −15.8 −11.2 −25.7 11.9 91.0 157.0
Net income −40.4 −43.6 −19.5 −27.8 19.4 84.5 259.3
Growth +335.3% +206.8%
EPS, diluted −1.06 −1.05 −0.21 −0.28 0.20 0.89 2.52

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2019Gross margin52.0%Operating margin−11.7%Net margin−15.9%Free cash flow margin−5.3%Fiscal year 2020Gross margin54.3%Operating margin−5.0%Net margin−13.7%Free cash flow margin−12.5%Fiscal year 2021Gross margin60.2%Operating margin−2.6%Net margin−4.6%Free cash flow margin8.4%Fiscal year 2022Gross margin63.2%Operating margin−4.5%Net margin−4.8%Free cash flow margin15.4%Fiscal year 2023Gross margin57.4%Operating margin1.7%Net margin2.8%Free cash flow margin16.7%Fiscal year 2024Gross margin59.7%Operating margin11.7%Net margin10.8%Free cash flow margin13.4%Fiscal year 2025Gross margin59.9%Operating margin17.4%Net margin28.8%Free cash flow margin20.0%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 52.0% 54.3% 60.2% 63.2% 57.4% 59.7% 59.9%
Operating margin −11.7% −5.0% −2.6% −4.5% 1.7% 11.7% 17.4%
Net margin −15.9% −13.7% −4.6% −4.8% 2.8% 10.8% 28.8%
Free cash flow margin −5.3% −12.5% 8.4% 15.4% 16.7% 13.4% 20.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2019Operating cash flow39.9Capital expenditure−53.5Free cash flow−13.6Buybacks0.0Fiscal year 2020Operating cash flow58.5Capital expenditure−98.4Free cash flow−39.9Buybacks0.0Fiscal year 2021Operating cash flow133.1Capital expenditure−97.1Free cash flow36.0Buybacks−350.0Fiscal year 2022Operating cash flow195.2Capital expenditure−106.4Free cash flow88.8 +146.3%Buybacks−600.0Fiscal year 2023Operating cash flow234.9Capital expenditure−119.3Free cash flow115.6 +30.3%Buybacks−488.5Fiscal year 2024Operating cash flow282.7Capital expenditure−178.2Free cash flow104.6 −9.6%Buybacks−59.8Fiscal year 2025Operating cash flow309.6Capital expenditure−129.1Free cash flow180.5 +72.6%Buybacks−82.1
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 39.9 58.5 133.1 195.2 234.9 282.7 309.6
Capital expenditure −53.5 −98.4 −97.1 −106.4 −119.3 −178.2 −129.1
Free cash flow −13.6 −39.9 36.0 88.8 115.6 104.6 180.5
Growth +146.3% +30.3% −9.6% +72.6%
Buybacks 0.0 0.0 −350.0 −600.0 −488.5 −59.8 −82.1

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2019Cash35.9Shareholders’ equity−72.3Fiscal year 2020Cash100.3Total debt259.7Net cash (debt)−159.4Shareholders’ equity−72.1Fiscal year 2021Cash1,713.4Total debt1,462.7Net cash (debt)250.7Shareholders’ equity578.2Debt to equity2.53Fiscal year 2022Cash140.8Total debt1,470.3Net cash (debt)−1,329.5Shareholders’ equity47.6Debt to equity30.91Fiscal year 2023Cash317.2Total debt1,477.8Net cash (debt)−1,160.6Shareholders’ equity−313.7Fiscal year 2024Cash428.4Total debt1,485.4Net cash (debt)−1,056.9Shareholders’ equity−203.0Fiscal year 2025Cash254.5Total debt1,295.8Net cash (debt)−1,041.3Shareholders’ equity−28.7
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 35.9 100.3 1,713.4 140.8 317.2 428.4 254.5
Total debt n/a 259.7 1,462.7 1,470.3 1,477.8 1,485.4 1,295.8
Net cash (debt) n/a −159.4 250.7 −1,329.5 −1,160.6 −1,056.9 −1,041.3
Shareholders’ equity −72.3 −72.1 578.2 47.6 −313.7 −203.0 −28.7
Debt to equity n/a n/a 2.53 30.91 n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021† 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
39.9 58.5 133.1 195.2 234.9 282.7 309.6
Growth +46.5% +127.7% +46.6% +20.4% +20.3% +9.5%
63.1 75.6 88.4 102.2 117.9 130.1 137.4
Investment
−53.5 −98.4 −97.1 −106.4 −119.3 −178.2 −129.1
calc −13.6 −39.9 36.0 88.8 115.6 104.6 180.5
Growth +146.3% +30.3% −9.6% +72.6%
calc −0.36 −0.96 0.39 0.88 1.20 1.11 1.71
−87.4 −115.6 −113.6 −1,148.2 401.2 −94.8 −268.3
Financing
49.8 124.0 1,593.4 −610.4 −468.9 −76.4 −216.9
0.0 0.0 −350.0 −600.0 −488.5 −59.8 −82.1

† The diluted share count jumps at 2021, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.