DigitalOcean Holdings, Inc. income statement DOCN

Annual Quarterly

In fiscal 2025, which ended Dec 31, 2025, DigitalOcean Holdings, Inc. reported revenue of $901.4 million, up 15.5% from the year before. Net income was $259.3 million, a profit margin of 28.8%. Operating income came to $157.0 million, an operating margin of 17.4%. Diluted earnings per share were $2.52. Over the twelve months ended Sep 30, 2026, revenue was $1.1 billion and net income was $34.3 million. Across the 5 fiscal years shown, revenue grew from $428.6 million in fiscal 2021 to $901.4 million in fiscal 2025, about 20.4% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021
Revenue	1,103 +27.6%	901 +15.5%	781 +12.7%	693 +20.2%	576 +34.5%	429
Cost of revenue	500 +46.8%	362 +15.0%	315 +6.5%	295 +39.4%	212 +24.2%	171
Gross profit	603 +15.2%	540 +15.8%	466 +17.2%	397 +9.1%	364 +41.3%	258
Research and development	209 +32.8%	162 +13.4%	142 +4.1%	137 -4.8%	144 +24.4%	116
Selling, general and administrative	256 +18.9%	221 -4.9%	232 +2.0%	228 -7.5%	246 +60.4%	153
Restructuring and impairment	—	0	0 -100.0%	21	—	—
Operating expenses	465 +24.8%	383 +2.0%	375 -2.8%	386 -1.2%	390 +44.9%	269
Operating income	138 -8.6%	157 +72.5%	91 +665.0%	12 +146.3%	-26 -129.7%	-11
Other income (expense)	-90 -271.8%	50 +642.3%	7 -55.0%	15 +721.2%	2 +125.8%	-7
Pretax income	48 -76.5%	207 +111.5%	98 +264.9%	27 +212.1%	-24 -31.2%	-18
Income tax	13 +127.6%	-53 -498.3%	13 +79.3%	7 +88.0%	4 +201.0%	1
Net income	34 -86.4%	259 +206.8%	84 +335.3%	19 +169.8%	-28 -42.6%	-20
Basic EPS	0.34 -87.7%	2.83 +207.6%	0.92 +318.2%	0.22 +178.6%	-0.28 -33.3%	-0.21
Diluted EPS	0.31 -88.2%	2.52 +183.1%	0.89 +345.0%	0.20 +171.4%	-0.28 -33.3%	-0.21
Weighted average shares, basic	101 +10.2%	91 -0.2%	92 +1.7%	90 -10.6%	101 +8.1%	93
Weighted average shares, diluted	109 +15.1%	105 +11.5%	95 -2.0%	96 +131.4%	—	93
Other measures
Depreciation and amortization	212 +68.1%	137 +5.7%	130 +10.3%	118 +15.3%	102 +15.7%	88
EBITDA	350 +26.3%	294 +33.2%	221 +70.4%	130 +69.5%	77 -0.8%	77
Interest coverage	3.21x	8.75x	9.99x	—	—	—
Margins
Gross margin	54.66%	59.86%	59.69%	57.37%	63.23%	60.19%
Operating margin	12.49%	17.42%	11.66%	1.72%	-4.46%	-2.61%
Pretax margin	4.33%	22.93%	12.52%	3.86%	-4.14%	-4.25%
Profit margin	3.11%	28.76%	10.82%	2.80%	-4.82%	-4.55%
EBITDA margin	31.74%	32.66%	28.32%	18.73%	13.28%	18.01%
Effective tax rate	28.23%	-25.45%	13.52%	27.51%	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Services-Computer Programming, Data Processing, Etc. (SIC 7370)
Listed as: DOCN (NYSE)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Broomfield, CO
SEC filer status: Large accelerated filer
SEC CIK: 1582961
Former names: Digital Ocean, Inc. (until Jul 14, 2015)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.