DigitalOcean Holdings (DOCN) Operating Margin (2020 - 2026)
DigitalOcean Holdings (DOCN) posted Operating Margin of 10.45% for Q2 2026, down 5.84 percentage points from 16.29% a year earlier and down 3.73 percentage points from the prior quarter.
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Analysis
DigitalOcean Holdings (DOCN) Operating Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at DigitalOcean Holdings was 14.80%, down 0.86 percentage points year-over-year; for FY2025, it came in at 17.42%, up 5.76 percentage points from FY2024.
- Annual Operating Margin has increased for three consecutive years, with a five-year change of +22.38 percentage points (FY2020 to FY2025).
- In prior years, DigitalOcean Holdings' Operating Margin was 11.66% in FY2024 (+9.94 pp), 1.72% in FY2023 (+6.18 pp), -4.46% in FY2022 (-1.85 pp) and -2.61% in FY2021 (+2.35 pp).
- The Q2 2026 figure stands as the lowest quarterly Operating Margin since Q1 2024.
- On a year-over-year basis, Operating Margin increased in five of the last eight quarters, with an average year-over-year change of +2.03 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q1 2024, with a gain of 26.26 percentage points; the weakest was Q1 2022, with a drop of 14.14 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 14.18% (Q1 2026), 16.01% (Q4 2025) and 19.57% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,833.59 Bn | 3,756.75 Bn | 60.48 Bn | 45.11% |
| 2 | International Business Machines | 212.47 Bn | 163.37 Bn | 9.91 Bn | 15.24% |
| 3 | Cloudflare | 112.40 Bn | 95.93 Bn | 499.52 Mn | -29.55% |
| 4 | Equinix | 99.47 Bn | 88.02 Bn | 1.40 Bn | 25.33% |
| 5 | Nebius | 60.05 Bn | 33.48 Bn | 448.70 Mn | -30.21% |
| 6 | CoreWeave | 48.26 Bn | 35.35 Bn | 1.70 Bn | -1.90% |
| 7 | Verisign | 25.97 Bn | 23.18 Bn | 384.60 Mn | 68.18% |
| 8 | Nutanix | 18.41 Bn | 10.09 Bn | 651.35 Mn | 9.24% |
| 9 | Akamai Technologies | 16.36 Bn | 9.77 Bn | 613.75 Mn | 7.30% |
| 10 | DigitalOcean Holdings | 14.67 Bn | 12.67 Bn | 154.66 Mn | 10.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
API Access
DigitalOcean Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=DOCN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "DOCN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=DOCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();