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DigitalOcean Holdings, Inc.

DOCNTechnologyNASDAQ

Software - Infrastructure

PriceMA150MA200
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Financials · Annual
Revenue
$901.4M
+15.5% YoY
Net Income
$259.3M
+206.8% YoY
EBITDA
$362.1M
+52.9% YoY
Free Cash Flow
$157.6M

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About DigitalOcean Holdings, Inc.

DigitalOcean Holdings, Inc., through its subsidiaries, operates an agentic inference cloud platform in North America, Europe, Asia, and internationally. The company carries a $16.28B market cap, placing it firmly in the large-cap category. The company provides AI and Digital Native Enterprises build, run, and scale intelligent applications for growing technology companies.

Key stats
Market Cap$16.28B
P/E (TTM)68.10
Fwd P/E90.70
EPS$2.28
Beta1.42
52W Change+449.5%
ROE70.0%
Analysis

DigitalOcean Holdings, Inc. carries $1.51B in total debt against $741.4M in cash reserves — debt is roughly 2.0x the cash position. Managing this leverage effectively will be important for long-term financial stability. Annual free cash flow of $157.6M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 70.0% points to exceptionally high capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 4.6% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $576.3M (2022) to $901.4M (2025), reflecting a 56% increase over the period.

At over 50x earnings, DOCN carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for DigitalOcean Holdings, Inc. and its sector.

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