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

DigitalOcean Holdings' (DOCN) quarterly Operating Margin came in at 14.18% in Q1 2026, down 368.0% year-on-year from 5.29% in Q1 2025, and down 11.41% on a QoQ basis from 16.01% in Q4 2025.

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

DigitalOcean Holdings (DOCN) has 7 years of Operating Margin data on file, last reported at 14.18% in Q1 2026.

  • On a quarterly basis, Operating Margin fell 368.0% year-over-year to 14.18% in Q1 2026; TTM through Mar 2026 was 16.44%, a 192.0% increase from a year earlier, with the FY2025 full-year figure at 17.42%, up 576.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 14.18%, down 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.
  • Historically, Operating Margin has averaged 6.85% across 5 years, with a median of 11.6% in 2024.
  • Across the five-year window, Operating Margin sank 1414 bps in 2022 and surged 2626 bps in 2024, its largest moves.
  • Year by year, Operating Margin 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 increased by 1 bps to 16.01% in 2025, then fell by 11 bps to 14.18% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 14.18% in Q1 2026, 16.01% in Q4 2025, and 19.57% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 46.33%
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 75.95%
3 Oracle 344.13 Bn 312.24 Bn - 31.97%
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 46.18%
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 15.30%
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 1.06%
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 31.36%
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn -9.69%
10 DigitalOcean Holdings 10.62 Bn 9.88 Bn 144.71 Mn 14.18%

Historic Data

Download Data
DateValue
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%