DigitalOcean Holdings (DOCN) Debt Ratio (2020 - 2026)
DigitalOcean Holdings' Debt Ratio was 0.29 in Q2 2026, down 65.9% from 0.87 a year earlier and down 17.6% from the prior quarter.
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Analysis
DigitalOcean Holdings (DOCN) Debt Ratio (2020 - 2026) Analysis & Trends
For FY2025, Debt Ratio at DigitalOcean Holdings came in at 0.71, down 22.2% from FY2024.
- In earlier years, Debt Ratio was 0.91 in FY2024 (-10.4%), 1.01 in FY2023 (+24.9%), 0.81 in FY2022 (+16.3%) and 0.70 in FY2021 (+15.3%).
- The Q2 2026 figure marks the lowest quarterly Debt Ratio in data going back to Q4 2020.
- Compared with a year earlier, Debt Ratio has declined for nine straight quarters, with an average decline of 25.9% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q4 2023 (growth of 24.9%); the worst was Q2 2026 (a decline of 65.9%).
- Per Business Quant data, DOCN's Debt Ratio in the three quarters before Q2 2026 was 0.36 (Q1 2026), 0.71 (Q4 2025) and 0.75 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,833.59 Bn | 3,756.75 Bn | 60.48 Bn | 0.05 |
| 2 | International Business Machines | 212.47 Bn | 163.37 Bn | 9.91 Bn | 0.41 |
| 3 | Cloudflare | 112.40 Bn | 95.93 Bn | 499.52 Mn | 0.20 |
| 4 | Equinix | 99.47 Bn | 88.02 Bn | 1.40 Bn | 0.48 |
| 5 | Nebius | 60.05 Bn | 33.48 Bn | 448.70 Mn | 0.31 |
| 6 | CoreWeave | 48.26 Bn | 35.35 Bn | 1.70 Bn | 0.05 |
| 7 | Verisign | 25.97 Bn | 23.18 Bn | 384.60 Mn | 1.29 |
| 8 | Nutanix | 18.41 Bn | 10.09 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 16.36 Bn | 9.77 Bn | 613.75 Mn | 0.11 |
| 10 | DigitalOcean Holdings | 14.67 Bn | 12.67 Bn | 154.66 Mn | 0.29 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.29 |
| 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 |
API Access
DigitalOcean Holdings Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=DOCN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "DOCN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=DOCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();