DigitalOcean Holdings (DOCN) EV to FCF (2021 - 2026)
DigitalOcean Holdings' (DOCN) EV to FCF stood at 80.85 in Q2 2026, up 277.6% from 21.41 a year earlier and up 82.6% from the prior quarter.
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Analysis
DigitalOcean Holdings (DOCN) EV to FCF (2021 - 2026) Analysis & Trends
On a TTM basis, DigitalOcean Holdings' EV to FCF came in at 74.51 as of Jun 30, 2026, up 681.9% year-over-year; for FY2025, it was 23.10, down 11.0% from FY2024.
- Across earlier years, EV to FCF came in at 25.96 in FY2024 (+3.5%), 25.07 in FY2023 (+39.1%), 18.02 in FY2022 (-90.6%) and 191.43 in FY2021.
- The Q2 2026 figure is the highest quarterly EV to FCF since Q1 2022.
- On a year-over-year basis, EV to FCF rose in five of the last eight quarters, with growth averaging 52.0%.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 277.6% in Q2 2026, against a decline of 95.4% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 44.29 (Q1 2026), 23.10 (Q4 2025) and 16.46 (Q3 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 80.85 |
| Mar 31, 2026 | 44.29 |
| Dec 31, 2025 | 23.10 |
| Sep 30, 2025 | 16.46 |
| Jun 30, 2025 | 21.41 |
| Mar 31, 2025 | 32.10 |
| Dec 31, 2024 | 25.96 |
| Sep 30, 2024 | 30.83 |
| Jun 30, 2024 | 22.02 |
| Mar 31, 2024 | 24.37 |
| Dec 31, 2023 | 25.07 |
| Sep 30, 2023 | 13.66 |
| Jun 30, 2023 | 26.34 |
| Mar 31, 2023 | 30.39 |
| Dec 31, 2022 | 18.02 |
| Sep 30, 2022 | 48.48 |
| Jun 30, 2022 | 56.08 |
| Mar 31, 2022 | 101.96 |
| Dec 31, 2021 | 191.43 |
| Sep 30, 2021 | 332.87 |
API Access
DigitalOcean Holdings EV to FCF 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-fcf&ticker=DOCN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=DOCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();