Company Analysis

DigitalOcean Holdings, Inc. (DOCN)

NYSE: DOCN · Services-Computer Programming, Data Processing, Etc. · Broomfield, CO · filing with the SEC since 2013
Grade5.4
◀ Past 5.8● Present 4.5▶ Future 6.0

The grade of DigitalOcean Holdings, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.4/10
◀ Past5.825% of the headline
● Present4.535% of the headline
▶ Future6.040% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.8/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
2.1/10

Has it survived what it has been through?

3 warning events since 2017; the latest 2023-08-09.

weight 22% of this tense · 21st percentile among 79 sector filers · read for itself

From the record

DigitalOcean Holdings, Inc.'s filings since 2017 show 3 warning events of 3 kinds: a warning not to rely on past financial statements (8-K item 4.02, the latest 2023-08-03); an auditor change (8-K item 4.01, the latest 2023-03-31); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2023-08-09) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.0/10

What has it actually done, year after year?

+23.4% a year over 7 filed years; profitable in 3 of 7.

weight 45% of this tense · 70th percentile among 70 sector filers · read for its customers

From the record

DigitalOcean Holdings, Inc.'s 7 filed years say what it did: revenue went from $255 million in fiscal 2019 to $901 million in fiscal 2025, up 23.4% a year; it rose in 6 of 6 years; it never fell from a peak; net income was positive in 3 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span23.4%top 35% of its family
  • the share of years revenue rosetop 21% of its family
  • the share of filed years with a profittop 41% of its family
  • the deepest fall from a revenue peak0.0%top 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.8/10

How has it treated the people who own it?

Share count grew 1.5% a year. 76% of cash flow returned. Insiders: 13 sales, 0 purchases.

weight 33% of this tense · 68th percentile among 41 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, DigitalOcean Holdings, Inc.'s diluted share count grew about 1.5% a year, and dividends and buybacks returned about 76% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 13 sales (7 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-02 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 45% of its family
  • cash returned against operating cash flowtop 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.5/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
3.1/10

Is it financially healthy right now?

Leverage 102%: owes 102¢ per asset dollar.

weight 45% of this tense · 31st percentile among 74 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, DigitalOcean Holdings, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 29 cents per dollar of everything the company owns. Leverage: it owed about 102 cents per dollar of assets, and net share issuance: its share count grew 11.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 11% of its family
  • gross profit against assetstop 49% of its family
  • the share count against the year beforebottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.4/10

How strong is its position in its industry?

top 26% of 73 in its family; net margin 28.8%.

weight 33% of this tense · 74th percentile among 73 sector filers · read for its customers

From the record

DigitalOcean Holdings, Inc.'s standing among 73 graded names in its industry family: revenue of $901 million in fiscal 2025 ranks in the top 37% by size; a net margin of 28.8% ranks in the top 12%; revenue growth of 16.1% a year over the last 3 filed years ranks in the top 31% (its annual reports).

What it rests on

  • revenue against the family$901Mtop 37% of its family
  • net margin28.8%top 12% of its family
  • three-year revenue growth16.1%top 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
3.2/10

What are the people in charge doing?

bottom 32% of 34 in its family for leadership; chief executive since 2024.

weight 22% of this tense · 32nd percentile among 34 sector filers · read for its shareholders

From the record

DigitalOcean Holdings, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Srinivasan, Padmanabhan T (Chief Executive Officer, as filed), filing under that title since 2024-02-14, 2.7 years (bottom 32% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 3.8 years (bottom 29%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (bottom 34%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 11 peoplebottom 34% of its family
  • the median years the people in charge have filed3.8 yearsbottom 29% of its family
  • the chief executive's years on the record2.7 yearsbottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.0/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.9/10

How much room does it have to grow?

bottom 49% of 71 in its family for room to expand.

weight 22% of this tense · 49th percentile among 71 sector filers · read for itself

From the record

DigitalOcean Holdings, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $255 million against debt of $971 million leaves -39% of its assets as net cash, bottom 12% of its family; cash from operations less capital spending is 20% of revenue (top 28%); a gross margin of 59.9% (top 47%); research spending of 17.9% of revenue (top 39%) (its annual report).

What it rests on

  • cash less debt against assets-39.0%bottom 12% of its family
  • cash from operations less capital spending against revenue20.0%top 28% of its family
  • gross margin59.9%top 47% of its family
  • research spending against revenue17.9%top 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.4/10

What could actually drive growth from here?

top 46% of 70 in its family for growth drivers.

weight 45% of this tense · 54th percentile among 70 sector filers · read for its customers

From the record

DigitalOcean Holdings, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 16.1% a year over the last three filed years against 23.4% over all 7, slowing (bottom 48% of its family); the newest year grew 15.5% (top 34%); research spending grew 3.9% a year (bottom 49%); capital spending grew 6.7% a year (top 47%) (its annual reports). DigitalOcean Holdings, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-7.4 points a yearbottom 48% of its family
  • the newest year's revenue growth15.5%top 34% of its family
  • three-year growth of research spending3.9%bottom 49% of its family
  • three-year growth of capital spending6.7%top 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.5/10

Did its newest year beat what its own record pointed to?

top 25% of 65 in its family for expectations against reality.

weight 33% of this tense · 75th percentile among 65 sector filers · read for its shareholders

From the record

DigitalOcean Holdings, Inc.'s newest year against its own record: revenue of $901 million in fiscal 2025 came in 0.8% below the $908 million its prior three years' pace pointed to (bottom 48% of its family); net income of $259 million against a prior three-year average of $25 million (top 2%); a net margin of 28.8% against 2.9% before (top 21%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-0.8%bottom 48% of its family
  • net income against the prior three years' averagefive times its prior average or moretop 2% of its family
  • net margin against its prior average+25.8 pointstop 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton DOCN · research, not advice