DigitalOcean Holdings (DOCN) Operating Expenses (2020 - 2026)
DigitalOcean Holdings' (DOCN) quarterly Operating Expenses came in at $125.3 million in Q2 2026, up 31.43% year-over-year from $95.3 million in Q2 2025, and up 15.86% quarter-over-quarter from $108.1 million in Q1 2026.
Analysis
DigitalOcean Holdings (DOCN) Operating Expenses (2020 - 2026) Analysis & Trends
DigitalOcean Holdings (DOCN) has reported Operating Expenses for 7 consecutive years, with $125.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 31.43% year-over-year to $125.3 million in Q2 2026; TTM through Jun 2026 was $428.9 million, a 15.1% increase from a year earlier, with the FY2025 full-year figure at $382.6 million, up 2.04% from the prior year.
- Operating Expenses was $125.3 million for Q2 2026 at DigitalOcean Holdings, up from $108.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $125.3 million in Q2 2026 and troughed at $68.3 million in Q3 2023.
- A 5-year average of $98.1 million and a median of $93.9 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 84.24% in 2022 and slipped 22.5% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $114.2 million in 2022, then declined by 19.18% to $92.3 million in 2023, then increased by 1.38% to $93.5 million in 2024, then rose by 10.61% to $103.5 million in 2025, then increased by 21.08% to $125.3 million in 2026.
- The last three Operating Expenses figures came in at $125.3 million (Q2 2026), $108.1 million (Q1 2026), and $103.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,711.27 Bn | 3,578.52 Bn | 60.48 Bn | 12.28 Bn |
| 2 | International Business Machines | 221.25 Bn | 209.98 Bn | 9.91 Bn | 7.29 Bn |
| 3 | Nebius | 57.28 Bn | 49.24 Bn | 448.70 Mn | 758.20 Mn |
| 4 | CoreWeave | 49.24 Bn | 43.70 Bn | 1.70 Bn | 2.62 Bn |
| 5 | Nutanix | 18.40 Bn | 16.38 Bn | 610.79 Mn | 540.28 Mn |
| 6 | DigitalOcean Holdings | 11.81 Bn | 11.04 Bn | 154.66 Mn | 125.29 Mn |
| 7 | Kingsoft Cloud Holdings | 3.27 Bn | 2.57 Bn | 68.71 Mn | -65.32 Mn |
| 8 | SharonAI Holdings | 2.00 Bn | 139.21 Mn | 1.17 Mn | 8.69 Mn |
| 9 | Tuya | 1.16 Bn | 182.03 Mn | 43.05 Mn | -33.74 Mn |
| 10 | Backblaze | 776.06 Mn | 724.68 Mn | - | - |
Historic Data
Download Data
Historic 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 |