DigitalOcean profit margin DOCN
Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.
- Net margin, 12 months
- 23.3%
- Operating margin, 12 months
- 14.8%
- Net margin on a year earlier
- +8.1 pts
- Peer median
- 14.4%
Over the twelve months to Jun 30, 2026, DigitalOcean kept 23.3% of its revenue as net profit, with an operating margin of 14.8% and a gross margin of 57.2%.
Five years earlier its net margin was −8.1%.
The median for 10 application software stocks of a similar size is 14.4%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 28.8% | 17.4% | 59.9% |
| FY2024 | 10.8% | 11.7% | 59.7% |
| FY2023 | 2.8% | 1.7% | 57.4% |
| FY2022 | −4.8% | −4.5% | 63.2% |
| FY2021 | −4.6% | −2.6% | 60.2% |
| FY2020 | −13.7% | −5.0% | 54.3% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 23.3% | +8.1 pts | 14.8% | |
| Q1 FY26 | 25.0% | +11.5 pts | 16.4% | |
| Q4 FY25 | 28.8% | +17.9 pts | 17.4% | |
| Q3 FY25 | 29.2% | +18.3 pts | 17.4% | |
| Q2 FY25 | 15.2% | +5.9 pts | 15.7% | |
| Q1 FY25 | 13.5% | +6.5 pts | 14.5% | |
| Q4 FY24 | 10.8% | +8.0 pts | 11.7% | |
| Q3 FY24 | 10.9% | +11.9 pts | 9.2% | |
| Q2 FY24 | 9.3% | +12.1 pts | 10.9% | |
| Q1 FY24 | 7.0% | +11.2 pts | 7.9% | |
| Q4 FY23 | 2.8% | +7.6 pts | 1.7% | |
| Q3 FY23 | −1.0% | +4.5 pts | −1.5% |
Against its peers
Companies in Software - Application nearest DigitalOcean's size, closest first, today.
| Company | Profit margin |
|---|---|
| DOCNDigitalOcean | 23.3% |
| ESTCElastic | 20.8% |
| MTCHMatch | 20.2% |
| FDSFactset Research Systems | 23.2% |
| PINSPinterest | 5.5% |
| HNGEHinge Health | 15.1% |
| HUBSHubSpot | 4.3% |
| RNGRingCentral | 4.3% |
| FICOFair Isaac | 34.1% |
| SSNCSS&C Technologies | 13.2% |
| TTDTrade Desk | 13.6% |
| Peer median | 14.4% |
Where DigitalOcean ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on DigitalOcean
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.