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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›DOCN›Financials
Annual statements · SEC XBRL · FY2019 – FY2025

DigitalOcean Holdings, Inc. (DOCN) financials

Income statement

DigitalOcean Holdings, Inc. (DOCN) income statement, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$255M$318M$429M$576M$693M$781M$901M
Revenue growth—24.9%34.6%34.5%20.2%12.7%15.5%
Gross profit$133M$173M$258M$364M$397M$466M$540M
Gross margin52.0%54.3%60.2%63.2%57.4%59.7%59.9%
Operating income-$29.9M-$15.8M-$11.2M-$25.7M$11.9M$91.0M$157M
Operating margin-11.7%-5.0%-2.6%-4.5%1.7%11.7%17.4%
Net income-$40.4M-$43.6M-$19.5M-$27.8M$19.4M$84.5M$259M
Net margin-15.9%-13.7%-4.6%-4.8%2.8%10.8%28.8%
EPS (diluted)-$1.06-$1.05-$0.21-$0.28$0.20$0.89$2.52

Cash flow

DigitalOcean Holdings, Inc. (DOCN) cash flow, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$39.9M$58.5M$133M$195M$235M$283M$310M
Capital expenditures$53.5M$98.4M$97.1M$106M$119M$178M$129M
Free cash flow-$13.6M-$39.9M$36.0M$88.8M$116M$105M$181M
Share buybacks$0.00$0.00$350M$600M$488M$59.8M$82.1M

Balance sheet

DigitalOcean Holdings, Inc. (DOCN) balance sheet, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$35.9M$100M$1.71B$141M$317M$428M$254M
Total assets—$430M$2.10B$1.82B$1.46B$1.64B$1.84B
Total liabilities—$329M$1.52B$1.77B$1.77B$1.84B$1.87B
Long-term debt—$242M$1.46B$1.47B$1.48B$1.49B$971M
Shareholders' equity-$72.3M-$72.1M$578M$47.6M-$314M-$203M-$28.7M
Retained earnings—-$167M-$187M-$214M-$344M-$259M-$43.7M
Shares (wtd avg diluted)38.0M41.7M93.2M101M96.4M94.5M105M

Every figure is extracted from DigitalOcean Holdings, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is DigitalOcean Holdings, Inc.'s annual revenue?
DigitalOcean Holdings, Inc. (DOCN) reported $901M of revenue for fiscal year 2025 — up 15.5% from $781M in FY2024, per its annual report filed with the SEC.
Is DigitalOcean Holdings, Inc. profitable?
Yes — DOCN earned $259M of net income in FY2025, a 28.8% net margin, per SEC filings.
What is DigitalOcean Holdings, Inc.'s free cash flow?
$181M in FY2025 (operating cash flow $310M minus $129M of capital expenditures), from the SEC cash-flow statement.
Does DOCN pay a dividend?
DigitalOcean Holdings, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full DOCN analysis — verdict, score & filings →Is DOCN a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.