DigitalOcean Holdings (DOCN) Debt Ratio (2020 - 2026)

DigitalOcean Holdings (DOCN) posted quarterly Debt Ratio of 0.36 for Q1 2026, down 60.5% YoY from 0.91 in Q1 2025, and down 49.25% sequentially from 0.71 in Q4 2025.

DigitalOcean Holdings (DOCN) Debt Ratio (2020 - 2026) Analysis & Trends

DigitalOcean Holdings has disclosed Debt Ratio across 7 years of filings, most recently posting 0.36 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 60.5% year-over-year to 0.36; the TTM figure through Mar 2026 stood at 0.36 (down 60.5% YoY), while the FY2025 annual figure was 0.71, down 22.2% from the prior year.
  • Debt Ratio retreated to 0.36 in Q1 2026, from 0.71 in the prior quarter.
  • Over the last five years, Debt Ratio for DOCN reached as high as 1.04 in Q3 2023 and fell as low as 0.36 in Q1 2026.
  • The 5-year median for Debt Ratio is 0.91 (2024), against an average of 0.87.
  • Annual changes were most pronounced in 2023 — Debt Ratio rose 24.91% — and 2026, when it tumbled 60.5%.
  • A 5-year view of Debt Ratio shows it stood at 0.81 in 2022, then grew by 24.91% to 1.01 in 2023, then dropped by 10.41% to 0.91 in 2024, then fell by 22.2% to 0.71 in 2025, then slumped by 49.25% to 0.36 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.36, 0.71, and 0.75 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 0.06
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 0.47
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 0.07
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 0.05
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 0.21
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 0.21
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 0.05
10 DigitalOcean Holdings 13.46 Bn 12.71 Bn 144.71 Mn 0.36

Historic Data

Download Data
DateValue
Mar 31, 2026 0.36
Dec 31, 2025 0.71
Sep 30, 2025 0.75
Jun 30, 2025 0.87
Mar 31, 2025 0.91
Dec 31, 2024 0.91
Sep 30, 2024 0.97
Jun 30, 2024 0.96
Mar 31, 2024 1.00
Dec 31, 2023 1.01
Sep 30, 2023 1.04
Jun 30, 2023 0.98
Mar 31, 2023 0.93
Dec 31, 2022 0.81
Sep 30, 2022 0.90
Jun 30, 2022 0.92
Mar 31, 2022 0.75
Dec 31, 2021 0.70
Dec 31, 2020 0.60