DigitalOcean Holdings (DOCN) Operating Expenses (2020 - 2026)
DigitalOcean Holdings' (DOCN) quarterly Operating Expenses came in at $108.1 million in Q1 2026, up 17.8% year-on-year from $91.8 million in Q1 2025, and up 4.51% on a QoQ basis from $103.5 million in Q4 2025.
DigitalOcean Holdings (DOCN) Operating Expenses (2020 - 2026) Analysis & Trends
DigitalOcean Holdings (DOCN) has 7 years of Operating Expenses data on file, last reported at $108.1 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 17.8% year-over-year to $108.1 million in Q1 2026; TTM through Mar 2026 was $398.9 million, a 8.08% increase from a year earlier, with the FY2025 full-year figure at $382.6 million, up 2.04% from the prior year.
- Operating Expenses for Q1 2026 stood at $108.1 million, up from $103.5 million in the prior quarter.
- Over the last five years, Operating Expenses for DOCN reached as high as $123.7 million in Q1 2023 and fell as low as $68.3 million in Q3 2023.
- Historically, Operating Expenses has averaged $96.6 million across 5 years, with a median of $93.7 million in 2022.
- Across the five-year window, Operating Expenses surged 84.24% in 2022 and decreased 22.5% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $114.2 million in 2022, then slipped by 19.18% to $92.3 million in 2023, then climbed by 1.38% to $93.5 million in 2024, then grew by 10.61% to $103.5 million in 2025, then advanced by 4.51% to $108.1 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $108.1 million in Q1 2026, $103.5 million in Q4 2025, and $92.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 8.75 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | -363.49 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 13.05 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 662.79 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 1.51 Bn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 979.89 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 905.10 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 517.59 Mn |
| 10 | DigitalOcean Holdings | 10.62 Bn | 9.88 Bn | 144.71 Mn | 108.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 108.14 Mn |
| Dec 31, 2025 | 103.47 Mn |
| Sep 30, 2025 | 92.00 Mn |
| Jun 30, 2025 | 95.33 Mn |
| Mar 31, 2025 | 91.80 Mn |
| Dec 31, 2024 | 93.55 Mn |
| Sep 30, 2024 | 91.96 Mn |
| Jun 30, 2024 | 91.82 Mn |
| Mar 31, 2024 | 97.61 Mn |
| Dec 31, 2023 | 92.28 Mn |
| Sep 30, 2023 | 68.35 Mn |
| Jun 30, 2023 | 101.33 Mn |
| Mar 31, 2023 | 123.65 Mn |
| Dec 31, 2022 | 114.18 Mn |
| Sep 30, 2022 | 88.19 Mn |
| Jun 30, 2022 | 94.01 Mn |
| Mar 31, 2022 | 93.71 Mn |
| Dec 31, 2021 | 85.40 Mn |
| Sep 30, 2021 | 69.59 Mn |
| Jun 30, 2021 | 63.30 Mn |