DigitalOcean Holdings (DOCN) FCF Margin (2020 - 2026)
DigitalOcean Holdings' FCF Margin came in at 24.32% for Q2 2026, down 2.77 percentage points from 27.09% a year earlier but up 21.63 percentage points from the prior quarter.
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Analysis
DigitalOcean Holdings (DOCN) FCF Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, DigitalOcean Holdings reported FCF Margin of 19.23%, up 6.81 percentage points year-over-year; for FY2025, it came in at 20.03%, up 6.63 percentage points from FY2024.
- FCF Margin carries a five-year change of +32.56 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 13.39% in FY2024 (-3.30 pp), 16.69% in FY2023 (+1.29 pp), 15.40% in FY2022 (+6.99 pp) and 8.41% in FY2021 (+20.94 pp).
- The five-year range for quarterly FCF Margin is 1.01% (Q1 2025) to 38.33% (Q3 2025).
- Year-over-year, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of +1.31 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q3 2025 (a gain of 30.27 percentage points), and the weakest in Q1 2025 (a drop of 11.46 percentage points).
- Business Quant data shows DOCN's FCF Margin at 2.69% (Q1 2026), 12.84% (Q4 2025) and 38.33% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,833.59 Bn | 3,756.75 Bn | 60.48 Bn | 21.82% |
| 2 | International Business Machines | 212.47 Bn | 163.37 Bn | 9.91 Bn | 13.80% |
| 3 | Cloudflare | 112.40 Bn | 95.93 Bn | 499.52 Mn | 9.71% |
| 4 | Equinix | 99.47 Bn | 88.02 Bn | 1.40 Bn | -19.47% |
| 5 | Nebius | 60.05 Bn | 33.48 Bn | 448.70 Mn | 1,357.29% |
| 6 | CoreWeave | 48.26 Bn | 35.35 Bn | 1.70 Bn | -223.03% |
| 7 | Verisign | 25.97 Bn | 23.18 Bn | 384.60 Mn | 48.96% |
| 8 | Nutanix | 18.41 Bn | 10.09 Bn | 651.35 Mn | 36.66% |
| 9 | Akamai Technologies | 16.36 Bn | 9.77 Bn | 613.75 Mn | 16.49% |
| 10 | DigitalOcean Holdings | 14.67 Bn | 12.67 Bn | 154.66 Mn | 24.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.32% |
| Mar 31, 2026 | 2.69% |
| Dec 31, 2025 | 12.84% |
| Sep 30, 2025 | 38.33% |
| Jun 30, 2025 | 27.09% |
| Mar 31, 2025 | 1.01% |
| Dec 31, 2024 | 12.72% |
| Sep 30, 2024 | 8.06% |
| Jun 30, 2024 | 20.51% |
| Mar 31, 2024 | 12.47% |
| Dec 31, 2023 | 15.64% |
| Sep 30, 2023 | 19.10% |
| Jun 30, 2023 | 23.92% |
| Mar 31, 2023 | 7.81% |
| Dec 31, 2022 | 22.16% |
| Sep 30, 2022 | 16.34% |
| Jun 30, 2022 | 15.26% |
| Mar 31, 2022 | 5.78% |
| Dec 31, 2021 | 1.79% |
| Sep 30, 2021 | 18.61% |
API Access
DigitalOcean Holdings FCF Margin 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=fcf-margin&ticker=DOCN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=DOCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();