DigitalOcean Holdings (DOCN) Tax Rate (2020 - 2026)
DigitalOcean Holdings (DOCN) posted quarterly Tax Rate of 35.62% for Q1 2026, up 2794.0% YoY from 1.23% in Q1 2025, and up 68.85% sequentially from 21.09% in Q4 2025.
DigitalOcean Holdings (DOCN) Tax Rate (2020 - 2026) Analysis & Trends
DigitalOcean Holdings has disclosed Tax Rate across 7 years of filings, most recently posting 35.62% for Q1 2026.
- In Q1 2026, Tax Rate rose 2794.0% year-over-year to 35.62%; the TTM figure through Mar 2026 stood at 24.79% (down 3782.0% YoY), while the FY2025 annual figure was 25.45%, down 3897.0% from the prior year.
- Tax Rate improved to 35.62% in Q1 2026, from 21.09% in the prior quarter.
- Over the last five years, Tax Rate for DOCN reached as high as 83.3% in Q2 2023 and fell as low as 75.36% in Q3 2025.
- The 5-year median for Tax Rate is 12.77% (2025), against an average of 11.18%.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 6855 bps — and 2025, when it slumped 6420 bps.
- A 5-year view of Tax Rate shows it stood at 14.42% in 2022, then declined by 23 bps to 17.79% in 2023, then soared by 308 bps to 37.0% in 2024, then slumped by 43 bps to 21.09% in 2025, then surged by 69 bps to 35.62% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 35.62%, 21.09%, and 75.36% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 19.22% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 19.84% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 1.37% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 21.31% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | -6.22% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 18.58% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -7.01% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 18.14% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 21.40% |
| 10 | DigitalOcean Holdings | 13.46 Bn | 12.71 Bn | 144.71 Mn | 35.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.62% |
| Mar 31, 2026 | 35.62% |
| Dec 31, 2025 | 21.09% |
| Dec 31, 2025 | 21.09% |
| Sep 30, 2025 | -75.36% |
| Sep 30, 2025 | -75.36% |
| Jun 30, 2025 | 12.77% |
| Jun 30, 2025 | 12.77% |
| Mar 31, 2025 | 7.68% |
| Mar 31, 2025 | 7.68% |
| Dec 31, 2024 | 37.00% |
| Dec 31, 2024 | 37.00% |
| Sep 30, 2024 | -11.16% |
| Sep 30, 2024 | -11.16% |
| Jun 30, 2024 | 22.86% |
| Jun 30, 2024 | 22.86% |
| Mar 31, 2024 | 0.81% |
| Mar 31, 2024 | 0.81% |
| Dec 31, 2023 | -17.79% |
| Dec 31, 2023 | -17.79% |