DigitalOcean Holdings (DOCN) Interest Coverage Ratio (2020 - 2026)
DigitalOcean Holdings' Interest Coverage Ratio came in at 3.94 for Q2 2026, down 75.3% from 15.91 a year earlier but up 13.6% from the prior quarter.
DigitalOcean Holdings (DOCN) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, DigitalOcean Holdings reported Interest Coverage Ratio of 4.75, down 67.5% year-over-year; for FY2025, it was 8.75, down 12.4% from FY2024.
- Going back by year, Interest Coverage Ratio was 9.99 in FY2024 (+650.9%), 1.33 in FY2023, -3.06 in FY2022 and -2.99 in FY2021.
- The five-year range for quarterly Interest Coverage Ratio is -15.10 (Q1 2023) to 17.05 (Q1 2025).
- Year-over-year, Interest Coverage Ratio has declined for four consecutive quarters, with growth averaging 30.4% over the last eight quarters.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q3 2023 (growth of 349.2%), and the weakest in Q1 2026 (a decline of 79.7%).
- Business Quant data shows DOCN's Interest Coverage Ratio at 3.47 (Q1 2026), 4.59 (Q4 2025) and 8.91 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,833.59 Bn | 3,756.75 Bn | 60.48 Bn | 48.39 |
| 2 | International Business Machines | 212.47 Bn | 163.37 Bn | 9.91 Bn | 5.38 |
| 3 | Cloudflare | 112.40 Bn | 95.93 Bn | 499.52 Mn | -66.59 |
| 4 | Equinix | 99.47 Bn | 88.02 Bn | 1.40 Bn | 4.40 |
| 5 | Nebius | 60.05 Bn | 33.48 Bn | 448.70 Mn | -1.48 |
| 6 | CoreWeave | 48.26 Bn | 35.35 Bn | 1.70 Bn | - |
| 7 | Verisign | 25.97 Bn | 23.18 Bn | 384.60 Mn | 15.43 |
| 8 | Nutanix | 18.41 Bn | 10.09 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 16.36 Bn | 9.77 Bn | 613.75 Mn | 8.84 |
| 10 | DigitalOcean Holdings | 14.67 Bn | 12.67 Bn | 154.66 Mn | 3.94 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.94 |
| Mar 31, 2026 | 3.47 |
| Dec 31, 2025 | 4.59 |
| Sep 30, 2025 | 8.91 |
| Jun 30, 2025 | 15.91 |
| Mar 31, 2025 | 17.05 |
| Dec 31, 2024 | 14.62 |
| Sep 30, 2024 | 10.88 |
| Jun 30, 2024 | 9.62 |
| Mar 31, 2024 | 5.01 |
| Dec 31, 2023 | 4.75 |
| Sep 30, 2023 | 15.20 |
| Jun 30, 2023 | -0.71 |
| Mar 31, 2023 | -15.10 |
| Dec 31, 2022 | -5.37 |
| Sep 30, 2022 | 3.38 |
| Jun 30, 2022 | -3.79 |
| Mar 31, 2022 | -6.60 |
| Dec 31, 2021 | -9.48 |
| Sep 30, 2021 | -8.98 |
DigitalOcean Holdings Interest Coverage Ratio 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=interest-coverage-ratio&ticker=DOCN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=DOCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();