DigitalOcean Holdings Inc. (DOCN) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$99.97 -4.85% NYSE • Public Delayed / 60s Snapshot

DigitalOcean Holdings Inc. (DOCN) receives a Roarable Rating of D (Sell) and flashes a Red SELL / AVOID warning (63/100 RQD Confidence). Our SEC filing scanner spotted paper earnings outpacing real operating cash flow (+197.3% (NI vs OCF)) while unpaid customer invoices grew—a classic sign to step aside until cash flow catches up.

ROARABLE D • SELL / AVOID Cap $11.75B
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERSELL / AVOID • D
025507510063
JEV AI Jury Split (Battleground)
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw C · Rk D
Cash (15)Whales (10)SEC (8)Macro (13)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE+2.3% Base Target
$197 Bull$102 Base$80 Bear
🔴 SUNDAY NIGHT PREP • 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:51% Call Buyers ($2.3M)
49% PutsMax Pain: $98.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How DOCN Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$180.5M (20% FCF Margin)
Revenue$901.4MGross Profit $539.6M (59.9%)Cost of Sales $361.8MOp Profit $157.0M (17.4%)OpEx (R&D/SG&A) $382.6MNet Profit$259.3M (28.8%)Tax/Other $0

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $692.9M
FY24
Rev $780.6M
FY25
Rev $901.4M
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$901.4M59.9%17.4%$259.3M$180.5M18%
FY 2024$780.6M59.7%11.7%$84.5M$104.6M8.4%
FY 2023$692.9M44%1.7%$19.4M$203.8M0.2%
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Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring DOCN)

  • ✓Live walkthrough of DOCN's RQD Radar, SEC cash-conversion gap & downside levels
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RQD INSIDER CLUB UPGRADE$49/YEAR
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DOCN // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -7.03%📐 HORIZONTAL RANGE
2026-10-30O $93.04H $93.11L $86.40C $89.65VOL 3.29M
RES: $156.6SUP: $61.00SMA50: $119.8SMA200: $111.5
$197.0$157.5$118.1$78.58$39.10RES $156.6SUP $61.00$89.652026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

DOCN Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
33.7%/yr Implied 5Y Growth

vs. +15.5% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on DOCN today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for DOCN. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for DOCN today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DOCN Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is DigitalOcean Holdings Inc. (DOCN)?

In FY 2025 (10-K), DOCN converted $901.4M of revenue into a 59.9% gross margin, 17.4% operating margin, and $180.5M in free cash flow (20% FCF margin).