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DigitalOcean Holdings, Inc.
DOCN · NYSETechnology
The economic chain
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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Capitalwho funds itPower & datacentresthe physical homeAI siliconthe chipsSystems &networkinginto AI serversCloudplatformsrents the computeModels &softwarebuilds the AIApps & userswho paysAIAccess IndustriesCOLOColocation providersNVDANVIDIAAMDAMDOEMServer & hardware makersDODigitalOceanAMZNAWS (Amazon)MSFTMicrosoft AzureV/LVultr / LinodePSPaperspaceDEVDevelopersSMBStartups & SMBs
Company details
Market cap
$14.7B
P/E ratio
57×
Div yield
None
EPS (TTM)
$2.52
Profit margin
29%
Rev. growth
+15%
Revenue
$901M
Free cash flow
~$145M
In plain English
DigitalOcean is the cloud built for the little guy — developers, startups and small businesses that find AWS and Azure too complex and too expensive. It rents out virtual servers (Droplets), managed databases, storage and, increasingly, NVIDIA GPUs for AI, at flat, predictable prices. It's a fraction of the size of the hyperscalers, but profitable: FY2025 revenue was ~$901M (+15%), with a fast-growing AI line now ~12% of recurring revenue.
In simple terms
What DigitalOcean Holdings, Inc. really sells
DigitalOcean is the cloud built for the little guy — developers, startups and small businesses that find AWS and Azure too complex and too expensive. It rents out virtual servers (Droplets), managed databases, storage and, increasingly, NVIDIA GPUs for AI, at flat, predictable prices. It's a fraction of the size of the hyperscalers, but profitable: FY2025 revenue was ~$901M (+15%), with a fast-growing AI line now ~12% of recurring revenue.
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