CHARGED ALPHATMFrontier AI stock research

DOCN · NYSE

DigitalOcean Holdings, Inc.

Software - Infrastructure · United States

USD 130.14-2.1% daily changeQuote 2026-09-18 · USD
Market cap (USD)
US$15.30B
Trailing P/E
59.15x
Forward P/E
70.67x
Quarterly revenue growth
28.6%
Trailing net margin
23.3%
Indicated dividend yield

Snapshot 2026-09-21 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-11-04 (provider estimate, not issuer-confirmed).

Company background

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 website

Q2 2026

Go beyond the headline.

DigitalOcean (DOCN): A 73% Earnings Beat — And Earnings Still Fell 24%

Published 2026-08-05

Comparable businesses

DOCN peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

No suitable peers with fresh, comparable size data are available. We have not substituted unrelated companies.

Market metrics · missing or inapplicable values shown as —
MetricDOCNDigitalOcean Holdings, Inc.Snapshot 2026-09-21Financial period: 2026-06-30
Market capMarket value, converted to USDUS$15.30B
Forward P/EProvider forward earnings estimate70.67x
EV / EBITDAEnterprise value / trailing EBITDA53.50x
Revenue growthLatest quarter vs prior-year quarter28.6%
Operating marginLatest reported quarter10.4%
Free cash flow yieldTrailing cash flow / market cap-0.2%
Net debt / EBITDANet debt / trailing EBITDA3.92x
Debt / equityTotal debt / positive book equity2.13x
Trailing P/ETrailing twelve-month earnings59.15x
Price / bookPrice / positive book equity per share14.68x
EV / salesEnterprise value / trailing revenue16.33x
Earnings growthLatest quarter vs prior-year quarter-24.5%
Gross marginTrailing twelve months57.2%
Net marginTrailing twelve months23.3%
Return on equityProvider trailing return; positive equity only62.3%
Free cash flow marginTrailing free cash flow / revenue-2.4%
Dividend yieldIndicated annual dividend / price
Earnings payoutProvider trailing dividend payout0.0%
Current ratioCurrent assets / current liabilities1.31x
BetaProvider historical market sensitivity1.57

Choose a comparison stock

Search covered companies, or search all listed stocks.

Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

Financial trends

Reporting period
Financial history
Chart style
Comparison stocks

Financial statements load separately from the research page.

Market context

Valuation & price history

Adjusted closing price

Price history

Price history loads separately.

Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-09-21. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for DOCN

All available reporting periods
Q2 20262026-08-05

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.