DigitalOcean Holdings (DOCN) Operating Expenses (2020 - 2026)
DigitalOcean Holdings (DOCN) posted quarterly Operating Expenses of $108.1 million for Q1 2026, up 17.8% year-over-year from $91.8 million in Q1 2025, and up 4.51% quarter-over-quarter from $103.5 million in Q4 2025.
DigitalOcean Holdings (DOCN) Operating Expenses (2020 - 2026) Analysis & Trends
DigitalOcean Holdings (DOCN) has reported Operating Expenses for 7 consecutive years, with $108.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 17.8% year-over-year to $108.1 million; the TTM figure through Mar 2026 stood at $398.9 million (up 8.08% YoY), while the FY2025 annual figure was $382.6 million, up 2.04% from the prior year.
- Operating Expenses advanced to $108.1 million in Q1 2026 per DOCN's latest filing, from $103.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $123.7 million in Q1 2023 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 84.24% — and 2023, when it dropped 22.5%.
- DigitalOcean Holdings' Operating Expenses stood at $114.2 million in 2022, then retreated by 19.18% to $92.3 million in 2023, then gained by 1.38% to $93.5 million in 2024, then advanced by 10.61% to $103.5 million in 2025, then rose by 4.51% to $108.1 million in 2026.
- Business Quant data shows DOCN's Operating Expenses at $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 | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 726.59 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 13.05 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 2.72 Bn |
| 10 | DigitalOcean Holdings | 13.02 Bn | 12.25 Bn | 154.66 Mn | 125.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 125.29 Mn |
| 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 |