DigitalOcean Holdings (DOCN) Cost of Revenue (2020 - 2026)
DigitalOcean Holdings (DOCN) posted quarterly Cost of Revenue of $113.2 million for Q1 2026, up 39.3% year-over-year from $81.3 million in Q1 2025, and up 13.06% quarter-over-quarter from $100.1 million in Q4 2025.
DigitalOcean Holdings (DOCN) Cost of Revenue (2020 - 2026) Analysis & Trends
DigitalOcean Holdings (DOCN) has reported Cost of Revenue for 7 consecutive years, with $113.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 39.3% year-over-year to $113.2 million; the TTM figure through Mar 2026 stood at $393.8 million (up 22.92% YoY), while the FY2025 annual figure was $361.8 million, up 14.99% from the prior year.
- Cost of Revenue rose to $113.2 million in Q1 2026 per DOCN's latest filing, from $100.1 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $113.2 million in Q1 2026 and bottomed at $47.2 million in Q1 2022.
- Historically, Cost of Revenue has averaged $76.3 million across 5 years, with a median of $77.6 million in 2023.
- Annual changes were most pronounced in 2023 — Cost of Revenue soared 57.91% — and 2024, when it grew 1.4%.
- DigitalOcean Holdings' Cost of Revenue stood at $60.2 million in 2022, then climbed by 28.96% to $77.6 million in 2023, then grew by 1.58% to $78.8 million in 2024, then grew by 26.99% to $100.1 million in 2025, then rose by 13.06% to $113.2 million in 2026.
- Business Quant data shows DOCN's Cost of Revenue at $113.2 million in Q1 2026, $100.1 million in Q4 2025, and $92.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 29.53 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 296.87 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 974.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 404.70 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 196.54 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 637.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 879.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 3.45 Bn |
| 10 | DigitalOcean Holdings | 13.02 Bn | 12.25 Bn | 154.66 Mn | 126.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 126.52 Mn |
| Jun 30, 2026 | 126.52 Mn |
| Mar 31, 2026 | 113.20 Mn |
| Mar 31, 2026 | 113.20 Mn |
| Dec 31, 2025 | 100.12 Mn |
| Dec 31, 2025 | 100.12 Mn |
| Sep 30, 2025 | 92.70 Mn |
| Sep 30, 2025 | 92.70 Mn |
| Jun 30, 2025 | 87.76 Mn |
| Jun 30, 2025 | 87.76 Mn |
| Mar 31, 2025 | 81.26 Mn |
| Mar 31, 2025 | 81.26 Mn |
| Dec 31, 2024 | 78.84 Mn |
| Dec 31, 2024 | 78.84 Mn |
| Sep 30, 2024 | 81.92 Mn |
| Sep 30, 2024 | 81.92 Mn |
| Jun 30, 2024 | 78.33 Mn |
| Jun 30, 2024 | 78.33 Mn |
| Mar 31, 2024 | 75.58 Mn |
| Mar 31, 2024 | 75.58 Mn |