DigitalOcean Holdings DOCN
NYSE DOCN
$117.25 +4.78 (+4.25%)
As of: Sep 8, 2026 · 10:59 AM EDT

DigitalOcean Holdings (DOCN) Operating Margin (2020 - 2026)

DigitalOcean Holdings' (DOCN) quarterly Operating Margin came in at 10.45% in Q2 2026, down 584.0% year-over-year from 2.16% in Q2 2025, and down 26.34% quarter-over-quarter from 14.18% in Q1 2026.

Analysis

DigitalOcean Holdings (DOCN) Operating Margin (2020 - 2026) Analysis & Trends

DigitalOcean Holdings (DOCN) has reported Operating Margin for 7 consecutive years, with 10.45% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Margin fell 584.0% year-over-year to 10.45% in Q2 2026; TTM through Jun 2026 was 14.8%, a 86.0% decrease from a year earlier, with the FY2025 full-year figure at 17.42%, up 576.0% from the prior year.
  • Operating Margin was 10.45% for Q2 2026 at DigitalOcean Holdings, down from 14.18% in the prior quarter.
  • Over five years, Operating Margin peaked at 20.03% in Q3 2023 and troughed at 20.02% in Q1 2023.
  • A 5-year average of 7.05% and a median of 11.02% in 2024 frame the typical range for Operating Margin.
  • Across the five-year window, Operating Margin plunged 1414 bps in 2022 and soared 2626 bps in 2024, its largest moves.
  • Over 5 years, Operating Margin stood at 6.97% in 2022, then soared by 187 bps to 6.07% in 2023, then surged by 161 bps to 15.88% in 2024, then gained by 1 bps to 16.01% in 2025, then plunged by 35 bps to 10.45% in 2026.
  • The last three Operating Margin figures came in at 10.45% (Q2 2026), 14.18% (Q1 2026), and 16.01% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Microsoft 3,651.87 Bn 3,519.12 Bn 60.48 Bn 45.11%
2 International Business Machines 217.73 Bn 206.37 Bn 9.91 Bn 15.24%
3 Nebius 58.04 Bn 49.99 Bn 448.70 Mn -30.21%
4 CoreWeave 52.99 Bn 47.45 Bn 1.70 Bn -1.90%
5 Nutanix 17.90 Bn 15.88 Bn 610.79 Mn 10.03%
6 DigitalOcean Holdings 12.23 Bn 11.46 Bn 154.66 Mn 10.45%
7 Kingsoft Cloud Holdings 2.82 Bn 2.12 Bn 68.71 Mn 0.75%
8 Tuya 1.13 Bn 145.68 Mn 43.05 Mn 10.02%
9 SharonAI Holdings 1.05 Bn -815.56 Mn 1.17 Mn -1,283.24%
10 Backblaze 753.82 Mn 702.43 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 10.45%
Mar 31, 2026 14.18%
Dec 31, 2025 16.01%
Sep 30, 2025 19.57%
Jun 30, 2025 16.29%
Mar 31, 2025 17.86%
Dec 31, 2024 15.88%
Sep 30, 2024 12.40%
Jun 30, 2024 11.60%
Mar 31, 2024 6.25%
Dec 31, 2023 6.07%
Sep 30, 2023 20.03%
Jun 30, 2023 -0.88%
Mar 31, 2023 -20.02%
Dec 31, 2022 -6.97%
Sep 30, 2022 4.73%
Jun 30, 2022 -5.93%
Mar 31, 2022 -10.67%
Dec 31, 2021 -8.47%
Sep 30, 2021 -1.50%