DigitalOcean Holdings DOCN
NYSE DOCN
$117.23 +4.76 (+4.23%)
As of: Sep 8, 2026 · 11:00 AM EDT

DigitalOcean Holdings (DOCN) Gross Margin (2020 - 2026)

DigitalOcean Holdings' (DOCN) quarterly Gross Margin came in at 55.0% in Q2 2026, down 487.0% year-over-year from 14.21% in Q2 2025, and down 1.97% quarter-over-quarter from 56.11% in Q1 2026.

Analysis

DigitalOcean Holdings (DOCN) Gross Margin (2020 - 2026) Analysis & Trends

DigitalOcean Holdings (DOCN) has reported Gross Margin for 7 consecutive years, with 55.0% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 487.0% year-over-year to 55.0% in Q2 2026; TTM through Jun 2026 was 57.22%, a 318.0% decrease from a year earlier, with the FY2025 full-year figure at 59.86%, up 17.0% from the prior year.
  • Gross Margin was 55.0% for Q2 2026 at DigitalOcean Holdings, down from 56.11% in the prior quarter.
  • Over five years, Gross Margin peaked at 64.29% in Q2 2022 and troughed at 54.86% in Q1 2023.
  • A 5-year average of 59.54% and a median of 59.2% in 2024 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin jumped 585 bps in 2022 and sank 807 bps in 2023, its largest moves.
  • Over 5 years, Gross Margin stood at 63.08% in 2022, then decreased by 9 bps to 57.09% in 2023, then increased by 8 bps to 61.53% in 2024, then dropped by 5 bps to 58.69% in 2025, then dropped by 6 bps to 55.0% in 2026.
  • The last three Gross Margin figures came in at 55.0% (Q2 2026), 56.11% (Q1 2026), and 58.69% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Microsoft 3,653.66 Bn 3,520.91 Bn 60.48 Bn 67.20%
2 International Business Machines 218.35 Bn 207.00 Bn 9.91 Bn 57.73%
3 Nebius 58.81 Bn 50.77 Bn 448.70 Mn 77.06%
4 CoreWeave 54.35 Bn 48.81 Bn 1.70 Bn 65.86%
5 Nutanix 17.95 Bn 15.93 Bn 610.79 Mn 86.87%
6 DigitalOcean Holdings 12.28 Bn 11.51 Bn 154.66 Mn 55.00%
7 Kingsoft Cloud Holdings 2.82 Bn 2.12 Bn 68.71 Mn 15.18%
8 Tuya 1.13 Bn 151.73 Mn 43.05 Mn 46.32%
9 SharonAI Holdings 1.05 Bn -811.24 Mn 1.17 Mn 60.56%
10 Backblaze 755.53 Mn 704.14 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 55.00%
Mar 31, 2026 56.11%
Dec 31, 2025 58.69%
Sep 30, 2025 59.63%
Jun 30, 2025 59.87%
Mar 31, 2025 61.43%
Dec 31, 2024 61.53%
Sep 30, 2024 58.73%
Jun 30, 2024 59.31%
Mar 31, 2024 59.09%
Dec 31, 2023 57.09%
Sep 30, 2023 58.63%
Jun 30, 2023 58.78%
Mar 31, 2023 54.86%
Dec 31, 2022 63.08%
Sep 30, 2022 62.71%
Jun 30, 2022 64.29%
Mar 31, 2022 62.93%
Dec 31, 2021 62.90%
Sep 30, 2021 60.96%