DigitalOcean Holdings (DOCN) EV to FCF (2021 - 2026)
DigitalOcean Holdings' (DOCN) quarterly EV to FCF came in at 206.12 in Q2 2026, up 451.48% year-over-year from 37.38 in Q2 2025, and up 102.41% quarter-over-quarter from 8540.52 in Q1 2026.
Analysis
DigitalOcean Holdings (DOCN) EV to FCF (2021 - 2026) Analysis & Trends
DigitalOcean Holdings (DOCN) has reported EV to FCF for 6 consecutive years, with 206.12 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to FCF rose 451.48% year-over-year to 206.12 in Q2 2026; TTM through Jun 2026 was 80.85, a 277.64% increase from a year earlier, with the FY2025 full-year figure at 23.1, down 11.0% from the prior year.
- EV to FCF was 206.12 for Q2 2026 at DigitalOcean Holdings, up from 8540.52 in the prior quarter.
- Over five years, EV to FCF peaked at 1262.54 in Q1 2025 and troughed at 8540.52 in Q1 2026.
- A 5-year average of 276.59 and a median of 105.5 in 2022 frame the typical range for EV to FCF.
- Across the five-year window, EV to FCF soared 848.45% in 2025 and tumbled 776.46% in 2026, its largest moves.
- Over 5 years, EV to FCF stood at 44.28 in 2022, then surged by 131.42% to 102.47 in 2023, then gained by 1.64% to 104.15 in 2024, then grew by 28.64% to 133.98 in 2025, then soared by 53.85% to 206.12 in 2026.
- The last three EV to FCF figures came in at 206.12 (Q2 2026), 8540.52 (Q1 2026), and 133.98 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,658.26 Bn | 3,525.51 Bn | 60.48 Bn |
| 2 | International Business Machines | 218.66 Bn | 207.30 Bn | 9.91 Bn |
| 3 | Nebius | 61.04 Bn | 53.00 Bn | 448.70 Mn |
| 4 | CoreWeave | 56.87 Bn | 51.33 Bn | 1.70 Bn |
| 5 | Nutanix | 17.95 Bn | 15.94 Bn | 610.79 Mn |
| 6 | DigitalOcean Holdings | 13.49 Bn | 12.72 Bn | 154.66 Mn |
| 7 | Kingsoft Cloud Holdings | 2.86 Bn | 2.16 Bn | 68.71 Mn |
| 8 | Tuya | 1.13 Bn | 154.85 Mn | 43.05 Mn |
| 9 | SharonAI Holdings | 1.12 Bn | -745.79 Mn | 1.17 Mn |
| 10 | Backblaze | 791.99 Mn | 740.61 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 206.12 |
| Mar 31, 2026 | -8,540.52 |
| Dec 31, 2025 | 133.98 |
| Sep 30, 2025 | 32.81 |
| Jun 30, 2025 | 37.38 |
| Mar 31, 2025 | 1,262.54 |
| Dec 31, 2024 | 104.15 |
| Sep 30, 2024 | 205.74 |
| Jun 30, 2024 | 69.50 |
| Mar 31, 2024 | 133.12 |
| Dec 31, 2023 | 102.47 |
| Sep 30, 2023 | 49.89 |
| Jun 30, 2023 | 74.23 |
| Mar 31, 2023 | 222.17 |
| Dec 31, 2022 | 44.28 |
| Sep 30, 2022 | 106.85 |
| Jun 30, 2022 | 139.09 |
| Mar 31, 2022 | 637.58 |
| Dec 31, 2021 | 3,222.14 |
| Sep 30, 2021 | 379.73 |