DigitalOcean Holdings (DOCN) FCF Margin (2020 - 2026)
DigitalOcean Holdings' (DOCN) quarterly FCF Margin came in at 27.13% in Q2 2026, up 3.0% year-over-year from 26.34% in Q2 2025, and up 7379.85% quarter-over-quarter from 0.37% in Q1 2026.
Analysis
DigitalOcean Holdings (DOCN) FCF Margin (2020 - 2026) Analysis & Trends
DigitalOcean Holdings (DOCN) has reported FCF Margin for 7 consecutive years, with 27.13% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin rose 3.0% year-over-year to 27.13% in Q2 2026; TTM through Jun 2026 was 19.23%, a 681.0% increase from a year earlier, with the FY2025 full-year figure at 20.03%, up 663.0% from the prior year.
- FCF Margin was 27.13% for Q2 2026 at DigitalOcean Holdings, up from 0.37% in the prior quarter.
- Over five years, FCF Margin peaked at 38.33% in Q3 2025 and troughed at 0.37% in Q1 2026.
- A 5-year average of 15.88% and a median of 15.45% in 2023 frame the typical range for FCF Margin.
- The widest YoY moves for FCF Margin: up 3027 bps in 2025, down 1146 bps in 2025.
- Over 5 years, FCF Margin stood at 22.16% in 2022, then slipped by 29 bps to 15.64% in 2023, then fell by 19 bps to 12.72% in 2024, then climbed by 1 bps to 12.84% in 2025, then soared by 111 bps to 27.13% in 2026.
- The last three FCF Margin figures came in at 27.13% (Q2 2026), 0.37% (Q1 2026), and 12.84% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,650.46 Bn | 3,517.71 Bn | 60.48 Bn | 21.82% |
| 2 | International Business Machines | 217.49 Bn | 206.13 Bn | 9.91 Bn | 13.80% |
| 3 | Nebius | 57.84 Bn | 49.80 Bn | 448.70 Mn | 1,357.29% |
| 4 | CoreWeave | 52.59 Bn | 47.05 Bn | 1.70 Bn | -223.03% |
| 5 | Nutanix | 17.83 Bn | 15.81 Bn | 610.79 Mn | 28.05% |
| 6 | DigitalOcean Holdings | 12.12 Bn | 11.35 Bn | 154.66 Mn | 27.13% |
| 7 | Kingsoft Cloud Holdings | 2.82 Bn | 2.13 Bn | 68.71 Mn | 92.47% |
| 8 | Tuya | 1.13 Bn | 145.68 Mn | 43.05 Mn | 6.64% |
| 9 | SharonAI Holdings | 1.05 Bn | -809.65 Mn | 1.17 Mn | 943.13% |
| 10 | Backblaze | 754.96 Mn | 703.57 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.13% |
| Mar 31, 2026 | -0.37% |
| 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% |