DigitalOcean Holdings, Inc. (DOCN) Income Statement
DOCN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsDOCN revenue and net income
Where DOCN's revenue goes
2025Each bar shows an amount and its share of revenue. DOCN kept 28.8% of revenue as net income.
DOCN profit margins
DOCN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +15.5% | +16.1% | +23.1% | — |
| Gross profit | +15.8% | +14.0% | +25.6% | — |
| Operating income | +72.5% | — | — | — |
| Net income | +206.8% | — | — | — |
| EPS (diluted) | +2.6% | +28.4% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
DOCN quarterly EPS vs estimates
DigitalOcean beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.11).
DOCN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $901.4M | $780.6M | $692.9M | $576.3M | $428.6M | $318.4M | $254.8M | $203.1M |
| Cost of revenue | $361.8M | $314.7M | $284.0M | $211.9M | $170.6M | $145.5M | $122.3M | $97.0M |
| Gross profit | $539.6M | $465.9M | $408.9M | $364.4M | $258.0M | $172.8M | $132.6M | $106.1M |
| Research & development | $161.6M | $142.5M | $140.4M | $143.9M | $115.7M | $75.0M | $60.0M | $44.9M |
| Sales, general & admin | $221.0M | $232.4M | $235.8M | $246.2M | $153.5M | $113.7M | $102.5M | $88.5M |
| Total operating expenses | $382.6M | $374.9M | $397.0M | $390.1M | $269.2M | $188.6M | $162.5M | $133.4M |
| Operating income | $157.0M | $91.0M | $11.9M | −$25.7M | −$11.2M | −$15.8M | −$29.9M | −$27.3M |
| Interest income | $19.5M | $15.8M | $23.8M | $10.6M | $164,000 | — | — | — |
| Interest expense | $17.9M | $9.1M | $8.9M | $8.4M | $3.7M | $13.6M | $9.4M | $6.3M |
| Income before taxes | $206.7M | $97.7M | $26.8M | −$23.9M | −$18.2M | −$42.7M | −$39.6M | −$34.8M |
| Income taxes | −$52.6M | $13.2M | $7.4M | $3.9M | $1.3M | $911,000 | $793,000 | $1.2M |
| Net income | $259.3M | $84.5M | $19.4M | −$27.8M | −$19.5M | −$43.6M | −$40.4M | −$36.0M |
| EBITDA | $362.1M | $236.9M | $153.6M | $86.7M | $73.9M | $46.5M | $32.8M | $23.9M |
| EPS (diluted) | $1.97 | $1.92 | $1.60 | $0.93 | $0.38 | −$0.12 | −$1.06 | −$1.06 |
| Gross margin | 59.9% | 59.7% | 59.0% | 63.2% | 60.2% | 54.3% | 52.0% | 52.2% |
| Operating margin | 17.4% | 11.7% | 1.7% | −4.5% | −2.6% | −5.0% | −11.7% | −13.4% |
| Net margin | 28.8% | 10.8% | 2.8% | −4.8% | −4.6% | −13.7% | −15.9% | −17.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $281.2M | $257.9M | $242.4M | $229.6M | $218.7M | $210.7M | $204.9M | $198.5M | $192.5M | $184.7M | $180.9M | $177.1M |
| Cost of revenue | $126.5M | $113.2M | $100.1M | $92.7M | $87.8M | $81.3M | $87.8M | $79.0M | $78.3M | $75.6M | $74.4M | $70.3M |
| Gross profit | $154.7M | $144.7M | $142.3M | $136.9M | $130.9M | $129.4M | $117.1M | $119.4M | $114.1M | $109.1M | $106.5M | $106.7M |
| Research & development | $57.5M | $48.8M | $44.3M | $38.1M | $39.6M | $39.6M | $37.1M | $37.4M | $33.0M | $32.9M | $30.9M | $32.6M |
| Sales, general & admin | $67.8M | $59.3M | $59.2M | $53.9M | $55.7M | $52.2M | $47.4M | $57.5M | $58.8M | $64.7M | $64.6M | $39.1M |
| Total operating expenses | $125.3M | $108.1M | $103.5M | $92.0M | $95.3M | $91.8M | $84.5M | $94.8M | $91.8M | $97.6M | $95.5M | $71.3M |
| Operating income | $29.4M | $36.6M | $38.8M | $44.9M | $35.6M | $37.6M | $32.5M | $24.6M | $22.3M | $11.5M | $11.0M | $35.5M |
| Interest income | $5.2M | $1.2M | $2.2M | $2.1M | $9.3M | $5.9M | $1.3M | $7.3M | $4.8M | $5.0M | $4.9M | $4.0M |
| Interest expense | $7.5M | $10.6M | $4.9M | $5.0M | $2.2M | $2.2M | $2.2M | $2.3M | $2.3M | $2.3M | $2.3M | $2.3M |
| Income before taxes | $27.1M | $24.5M | $32.5M | $90.3M | $42.4M | $41.4M | $29.0M | $29.6M | $24.8M | $14.3M | $13.5M | $37.1M |
| Income taxes | −$8.3M | $8.7M | $6.9M | −$68.1M | $5.4M | $3.2M | $10.7M | −$3.3M | $5.7M | $116,000 | −$2.4M | $17.9M |
| Net income | $35.4M | $15.8M | $25.7M | $158.4M | $37.0M | $38.2M | $18.3M | $32.9M | $19.1M | $14.1M | $15.9M | $19.2M |
| EBITDA | $34.6M | $80.5M | $128.6M | $130.4M | $77.5M | $72.8M | $60.4M | $67.7M | $60.3M | $48.4M | $46.6M | $70.0M |
| EPS (diluted) | $0.32 | $0.44 | $0.44 | $0.38 | $0.59 | $0.56 | $0.49 | $0.52 | $0.48 | $0.43 | $0.44 | $0.44 |
| Gross margin | 55.0% | 56.1% | 58.7% | 59.6% | 59.9% | 61.4% | 57.1% | 60.2% | 59.3% | 59.1% | 58.9% | 60.3% |
| Operating margin | 10.4% | 14.2% | 16.0% | 19.6% | 16.3% | 17.9% | 15.9% | 12.4% | 11.6% | 6.2% | 6.1% | 20.0% |
| Net margin | 12.6% | 6.1% | 10.6% | 69.0% | 16.9% | 18.1% | 8.9% | 16.6% | 9.9% | 7.7% | 8.8% | 10.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in DOCN's financial statements (latest annual report filed February 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DOCN financial results
In fiscal year 2025 (ended December 31, 2025), DigitalOcean reported revenue of $901.4 million, up 15.5% from the year before. It had net income of $259.3 million (up 206.8%), a net profit margin of 28.8%. Diluted earnings per share came to $1.97. Over five years revenue grew at an average rate of 23.1% a year.
See the DOCN stock overview for the latest quote and news, or the DOCN chart for price history and technical indicators.
DOCN income statement FAQ
What is DigitalOcean's annual revenue?
DigitalOcean reported total revenue of $901.4 million for fiscal year 2025, which ended on December 31, 2025. That was up 15.5% from $780.6 million the previous year.
Is DigitalOcean profitable?
Yes. DigitalOcean reported net income of $259.3 million in fiscal 2025, a net profit margin of 28.8%; its operating margin was 17.4%.
What is DigitalOcean's gross margin?
DigitalOcean's gross margin was 59.9% in fiscal 2025: for every $100 of revenue, DigitalOcean kept $60 after the direct cost of its products and services.
How much does DigitalOcean spend on research and development?
DigitalOcean spent $161.6 million on research and development in fiscal 2025, 17.9% of revenue.
How fast is DigitalOcean growing?
Revenue grew 23.1% a year on average over the last five fiscal years, from $318.4 million to $901.4 million.
What are DigitalOcean's earnings per share?
DigitalOcean earned $1.97 per diluted share in fiscal 2025, compared with $1.92 a year earlier.
When will DigitalOcean report its next earnings?
DigitalOcean is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does DigitalOcean's fiscal year end?
DigitalOcean's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 24, 2026.