DigitalOcean Holdings (DOCN) EV to CFO (2021 - 2026)
DigitalOcean Holdings' (DOCN) EV to CFO was 50.72 for Q2 2026, up 589.9% from 7.35 a year earlier and up 80.7% from the prior quarter.
DigitalOcean Holdings (DOCN) EV to CFO (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, DigitalOcean Holdings' EV to CFO came in at 46.75; for FY2025, it was 13.47, up 40.3% from FY2024.
- By year, EV to CFO came in at 9.60 in FY2024 (-22.2%), 12.34 in FY2023 (+50.6%), 8.20 in FY2022 (-84.2%) and 51.83 in FY2021.
- The Q2 2026 figure ranks as the highest quarterly EV to CFO since Q4 2021.
- Year over year, EV to CFO has now increased in each of the last three quarters, with growth averaging 97.7% over the last eight quarters.
- The high point for year-over-year EV to CFO in five years was Q2 2026 (growth of 589.9%); the low point was Q4 2022 (a decline of 84.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 28.07 (Q1 2026), 13.47 (Q4 2025) and 8.92 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,833.59 Bn | 3,756.75 Bn | 60.48 Bn |
| 2 | International Business Machines | 212.47 Bn | 163.37 Bn | 9.91 Bn |
| 3 | Cloudflare | 112.40 Bn | 95.93 Bn | 499.52 Mn |
| 4 | Equinix | 99.47 Bn | 88.02 Bn | 1.40 Bn |
| 5 | Nebius | 60.05 Bn | 33.48 Bn | 448.70 Mn |
| 6 | CoreWeave | 48.26 Bn | 35.35 Bn | 1.70 Bn |
| 7 | Verisign | 25.97 Bn | 23.18 Bn | 384.60 Mn |
| 8 | Nutanix | 18.41 Bn | 10.09 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 16.36 Bn | 9.77 Bn | 613.75 Mn |
| 10 | DigitalOcean Holdings | 14.67 Bn | 12.67 Bn | 154.66 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.72 |
| Mar 31, 2026 | 28.07 |
| Dec 31, 2025 | 13.47 |
| Sep 30, 2025 | 8.92 |
| Jun 30, 2025 | 7.35 |
| Mar 31, 2025 | 9.59 |
| Dec 31, 2024 | 9.60 |
| Sep 30, 2024 | 11.28 |
| Jun 30, 2024 | 10.06 |
| Mar 31, 2024 | 11.55 |
| Dec 31, 2023 | 12.34 |
| Sep 30, 2023 | 7.77 |
| Jun 30, 2023 | 13.77 |
| Mar 31, 2023 | 14.26 |
| Dec 31, 2022 | 8.20 |
| Sep 30, 2022 | 16.09 |
| Jun 30, 2022 | 19.02 |
| Mar 31, 2022 | 32.63 |
| Dec 31, 2021 | 51.83 |
| Sep 30, 2021 | 66.34 |
DigitalOcean Holdings EV to CFO 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=ev-to-cfo&ticker=DOCN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=DOCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();