DigitalOcean Holdings (DOCN) Net Margin (2020 - 2026)
DigitalOcean Holdings' (DOCN) quarterly Net Margin came in at 12.6% in Q2 2026, down 433.0% year-over-year from 3.78% in Q2 2025, and up 106.09% quarter-over-quarter from 6.12% in Q1 2026.
Analysis
DigitalOcean Holdings (DOCN) Net Margin (2020 - 2026) Analysis & Trends
DigitalOcean Holdings (DOCN) has reported Net Margin for 7 consecutive years, with 12.6% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 433.0% year-over-year to 12.6% in Q2 2026; TTM through Jun 2026 was 23.27%, a 808.0% increase from a year earlier, with the FY2025 full-year figure at 28.76%, up 1794.0% from the prior year.
- Net Margin was 12.6% for Q2 2026 at DigitalOcean Holdings, up from 6.12% in the prior quarter.
- Over five years, Net Margin peaked at 68.97% in Q3 2025 and troughed at 14.58% in Q1 2022.
- A 5-year average of 9.21% and a median of 8.86% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin soared 5237 bps in 2025 and sank 1202 bps in 2026, its largest moves.
- Over 5 years, Net Margin stood at 6.37% in 2022, then jumped by 238 bps to 8.81% in 2023, then advanced by 1 bps to 8.91% in 2024, then climbed by 19 bps to 10.59% in 2025, then grew by 19 bps to 12.6% in 2026.
- The last three Net Margin figures came in at 12.6% (Q2 2026), 6.12% (Q1 2026), and 10.59% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,653.66 Bn | 3,520.91 Bn | 60.48 Bn | 36.78% |
| 2 | International Business Machines | 218.35 Bn | 207.00 Bn | 9.91 Bn | 12.62% |
| 3 | Nebius | 58.81 Bn | 50.77 Bn | 448.70 Mn | -2.47% |
| 4 | CoreWeave | 54.35 Bn | 48.81 Bn | 1.70 Bn | -24.31% |
| 5 | Nutanix | 17.95 Bn | 15.93 Bn | 610.79 Mn | 10.25% |
| 6 | DigitalOcean Holdings | 12.28 Bn | 11.51 Bn | 154.66 Mn | 12.60% |
| 7 | Kingsoft Cloud Holdings | 2.82 Bn | 2.12 Bn | 68.71 Mn | -1.95% |
| 8 | Tuya | 1.13 Bn | 151.73 Mn | 43.05 Mn | 20.05% |
| 9 | SharonAI Holdings | 1.05 Bn | -811.24 Mn | 1.17 Mn | -22,282.95% |
| 10 | Backblaze | 755.53 Mn | 704.14 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.60% |
| Mar 31, 2026 | 6.12% |
| Dec 31, 2025 | 10.59% |
| Sep 30, 2025 | 68.97% |
| Jun 30, 2025 | 16.93% |
| Mar 31, 2025 | 18.13% |
| Dec 31, 2024 | 8.91% |
| Sep 30, 2024 | 16.60% |
| Jun 30, 2024 | 9.94% |
| Mar 31, 2024 | 7.65% |
| Dec 31, 2023 | 8.81% |
| Sep 30, 2023 | 10.83% |
| Jun 30, 2023 | 0.39% |
| Mar 31, 2023 | -9.91% |
| Dec 31, 2022 | -6.37% |
| Sep 30, 2022 | 5.20% |
| Jun 30, 2022 | -5.05% |
| Mar 31, 2022 | -14.58% |
| Dec 31, 2021 | -10.13% |
| Sep 30, 2021 | -1.66% |