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
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%