DigitalOcean
Compare market positioning with top industry peers
Explore DigitalOcean
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$820M+
Market Cap
$3.8B
Employees
1,400
DigitalOcean completed its IPO on the New York Stock Exchange (ticker: DOCN) in March 2021 at $47 per share, raising $775 million at a $5.0 billion valuation. Founded in 2011 by Ben and Moisey Uretsky, DigitalOcean scaled from a scrappy Techstars accelerator startup into a highly profitable cloud software titan. Under CEO Paddy Srinivasan and CFO Matt Steinfort, DigitalOcean crossed $820 million in annual recurring revenue in 2026 while expanding free cash flow beyond $180 million (FCF margin >22%) with a public market capitalization exceeding $3.8 billion USD.
Revenue Trend Analysis
YoY Change
+10.8%
6-Year CAGR
+17.1%
Peak Year
2026
Trend
Consistent Growth
DigitalOcean has reported revenue across 4 fiscal years, compounding at +17.1% annually over 6 years. The most recent year saw a 10.8% increase versus the prior year. Revenue peaked in 2026 at $820M. Out of 3 reported periods, 3 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2026 | $820M | +10.8% |
| FY2024 | $740M | +28.5% |
| FY2022 | $576M | +81.1% |
| FY2020 | $318M | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
DigitalOcean reported approximately $820M in fiscal year 2026 with a team of 1,400 employees worldwide.
DigitalOcean strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Cloud Infrastructure, Developer Virtual Private Servers (Droplets), Managed Kubernetes, AI Cloud GPU Hosting & Managed WordPress is driven by steady cash generation and pricing power, enabling DigitalOcean to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "DigitalOcean Revenue & Financials." CorpDigest, https://corpdigest.com/company/digitalocean/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>DigitalOcean reported $820M in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/digitalocean/financials" target="_blank" rel="noopener">CorpDigest — DigitalOcean financials</a></div>