DigitalOcean Holdings (DOCN) Operating Margin (2020 - 2026)
DigitalOcean Holdings (DOCN) posted quarterly Operating Margin of 14.18% for Q1 2026, down 368.0% YoY from 5.29% in Q1 2025, and down 11.41% sequentially from 16.01% in Q4 2025.
DigitalOcean Holdings (DOCN) Operating Margin (2020 - 2026) Analysis & Trends
DigitalOcean Holdings has disclosed Operating Margin across 7 years of filings, most recently posting 14.18% for Q1 2026.
- In Q1 2026, Operating Margin fell 368.0% year-over-year to 14.18%; the TTM figure through Mar 2026 stood at 16.44% (up 192.0% YoY), while the FY2025 annual figure was 17.42%, up 576.0% from the prior year.
- Operating Margin eased to 14.18% in Q1 2026, from 16.01% in the prior quarter.
- Over the last five years, Operating Margin for DOCN reached as high as 20.03% in Q3 2023 and fell as low as 20.02% in Q1 2023.
- The 5-year median for Operating Margin is 11.6% (2024), against an average of 6.85%.
- Annual changes were most pronounced in 2022 — Operating Margin sank 1414 bps — and 2024, when it jumped 2626 bps.
- A 5-year view of Operating Margin shows it stood at 6.97% in 2022, then jumped by 187 bps to 6.07% in 2023, then soared by 161 bps to 15.88% in 2024, then advanced by 1 bps to 16.01% in 2025, then slipped by 11 bps to 14.18% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 14.18%, 16.01%, and 19.57% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 46.33% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 31.97% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 46.18% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 15.30% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 1.06% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 31.36% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -9.69% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 8.43% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -2.84% |
| 10 | DigitalOcean Holdings | 13.46 Bn | 12.71 Bn | 144.71 Mn | 14.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -2.53% |