DigitalOcean Holdings DOCN
NYSE DOCN
$112.46 +3.00 (+2.74%)
At close: Sep 4, 2026 · 4:00 PM EDT

DigitalOcean Holdings (DOCN) Cost of Revenue (2020 - 2026)

DigitalOcean Holdings' (DOCN) quarterly Cost of Revenue came in at $126.5 million in Q2 2026, up 44.18% year-over-year from $87.8 million in Q2 2025, and up 11.77% quarter-over-quarter from $113.2 million in Q1 2026.

Analysis

DigitalOcean Holdings (DOCN) Cost of Revenue (2020 - 2026) Analysis & Trends

DigitalOcean Holdings (DOCN) has reported Cost of Revenue for 7 consecutive years, with $126.5 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 44.18% year-over-year to $126.5 million in Q2 2026; TTM through Jun 2026 was $432.5 million, a 31.16% increase from a year earlier, with the FY2025 full-year figure at $361.8 million, up 14.99% from the prior year.
  • Cost of Revenue was $126.5 million for Q2 2026 at DigitalOcean Holdings, up from $113.2 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $126.5 million in Q2 2026 and troughed at $47.2 million in Q1 2022.
  • A 5-year average of $79.1 million and a median of $78.0 million in 2023 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue surged 57.91% in 2023 and climbed 1.4% in 2024, its largest moves.
  • Over 5 years, Cost of Revenue stood at $60.2 million in 2022, then gained by 28.96% to $77.6 million in 2023, then advanced by 1.58% to $78.8 million in 2024, then advanced by 26.99% to $100.1 million in 2025, then climbed by 26.37% to $126.5 million in 2026.
  • The last three Cost of Revenue figures came in at $126.5 million (Q2 2026), $113.2 million (Q1 2026), and $100.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 3,711.27 Bn 3,578.52 Bn 60.48 Bn 29.53 Bn
2 International Business Machines 221.25 Bn 209.98 Bn 9.91 Bn 7.26 Bn
3 Nebius 57.28 Bn 49.24 Bn 448.70 Mn 133.60 Mn
4 CoreWeave 49.24 Bn 43.70 Bn 1.70 Bn 879.00 Mn
5 Nutanix 18.40 Bn 16.38 Bn 610.79 Mn 92.28 Mn
6 DigitalOcean Holdings 11.81 Bn 11.04 Bn 154.66 Mn 126.52 Mn
7 Kingsoft Cloud Holdings 3.27 Bn 2.57 Bn 68.71 Mn 384.04 Mn
8 SharonAI Holdings 2.00 Bn 139.21 Mn 1.17 Mn 761,755.00
9 Tuya 1.16 Bn 182.03 Mn 43.05 Mn 49.89 Mn
10 Backblaze 776.06 Mn 724.68 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 126.52 Mn
Mar 31, 2026 113.20 Mn
Dec 31, 2025 100.12 Mn
Sep 30, 2025 92.70 Mn
Jun 30, 2025 87.76 Mn
Mar 31, 2025 81.26 Mn
Dec 31, 2024 78.84 Mn
Sep 30, 2024 81.92 Mn
Jun 30, 2024 78.33 Mn
Mar 31, 2024 75.58 Mn
Dec 31, 2023 77.61 Mn
Sep 30, 2023 73.25 Mn
Jun 30, 2023 69.99 Mn
Mar 31, 2023 74.54 Mn
Dec 31, 2022 60.18 Mn
Sep 30, 2022 56.73 Mn
Jun 30, 2022 47.81 Mn
Mar 31, 2022 47.20 Mn
Dec 31, 2021 44.40 Mn
Sep 30, 2021 43.51 Mn