DigitalOcean Holdings (DOCN) Gross Margin (2020 - 2026)
DigitalOcean Holdings (DOCN) posted quarterly Gross Margin of 56.11% for Q1 2026, down 532.0% year-over-year from 12.99% in Q1 2025, and down 4.4% quarter-over-quarter from 58.69% in Q4 2025.
DigitalOcean Holdings (DOCN) Gross Margin (2020 - 2026) Analysis & Trends
DigitalOcean Holdings (DOCN) has reported Gross Margin for 7 consecutive years, with 56.11% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 532.0% year-over-year to 56.11%; the TTM figure through Mar 2026 stood at 58.49% (down 179.0% YoY), while the FY2025 annual figure was 59.86%, up 17.0% from the prior year.
- Gross Margin fell to 56.11% in Q1 2026 per DOCN's latest filing, from 58.69% in the prior quarter.
- Across five years, Gross Margin topped out at 64.29% in Q2 2022 and bottomed at 54.86% in Q1 2023.
- Historically, Gross Margin has averaged 59.81% across 5 years, with a median of 59.31% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin surged 585 bps — and 2023, when it plunged 807 bps.
- DigitalOcean Holdings' Gross Margin stood at 63.08% in 2022, then dropped by 9 bps to 57.09% in 2023, then gained by 8 bps to 61.53% in 2024, then fell by 5 bps to 58.69% in 2025, then declined by 4 bps to 56.11% in 2026.
- Business Quant data shows DOCN's Gross Margin at 56.11% in Q1 2026, 58.69% in Q4 2025, and 59.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 67.20% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 84.66% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 67.55% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 80.24% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 71.76% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 73.54% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 65.86% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 47.84% |
| 10 | DigitalOcean Holdings | 13.02 Bn | 12.25 Bn | 154.66 Mn | 55.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |