DigitalOcean Holdings (DOCN) Operating Margin (2020 - 2026)
DigitalOcean Holdings (DOCN) posted quarterly Operating Margin of 14.18% for Q1 2026, down 368.0% year-over-year from 5.29% in Q1 2025, and down 11.41% quarter-over-quarter from 16.01% in Q4 2025.
DigitalOcean Holdings (DOCN) Operating Margin (2020 - 2026) Analysis & Trends
DigitalOcean Holdings (DOCN) has reported Operating Margin for 7 consecutive years, with 14.18% the latest figure, recorded in 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 declined to 14.18% in Q1 2026 per DOCN's latest filing, from 16.01% in the prior quarter.
- Across five years, Operating Margin topped out at 20.03% in Q3 2023 and bottomed at 20.02% in Q1 2023.
- Historically, Operating Margin has averaged 6.85% across 5 years, with a median of 11.6% in 2024.
- Annual changes were most pronounced in 2022 — Operating Margin tumbled 1414 bps — and 2024, when it jumped 2626 bps.
- DigitalOcean Holdings' Operating Margin stood at 6.97% in 2022, then surged by 187 bps to 6.07% in 2023, then jumped by 161 bps to 15.88% in 2024, then climbed by 1 bps to 16.01% in 2025, then dropped by 11 bps to 14.18% in 2026.
- Business Quant data shows DOCN's Operating Margin at 14.18% in Q1 2026, 16.01% in Q4 2025, and 19.57% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 45.11% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 47.12% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 31.97% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -6.10% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 33.66% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -29.55% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 8.43% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -1.90% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 6.75% |
| 10 | DigitalOcean Holdings | 13.02 Bn | 12.25 Bn | 154.66 Mn | 10.45% |
Historic Data
Download 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% |