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DigitalOcean (DOCN) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

DigitalOcean Revenue Highlights

Latest Revenue (Y)

$692.88M

Latest Revenue (Q)

$198.48M

DigitalOcean Revenue by Period

DigitalOcean Revenue by Year

DateRevenueChange
2023-12-31$692.88M20.23%
2022-12-31$576.32M34.48%
2021-12-31$428.56M34.61%
2020-12-31$318.38M24.94%
2019-12-31$254.82M25.44%
2018-12-31$203.14M-

DigitalOcean generated $692.88M in revenue during NA 2023, up 20.23% compared to the previous quarter, and up 341.09% compared to the same period a year ago.

DigitalOcean Revenue by Quarter

DateRevenueChange
2024-09-30$198.48M3.12%
2024-06-30$192.48M4.19%
2024-03-31$184.73M2.13%
2023-12-31$180.87M2.15%
2023-09-30$177.06M4.27%
2023-06-30$169.81M2.83%
2023-03-31$165.13M1.31%
2022-12-31$163.00M7.15%
2022-09-30$152.12M13.62%
2022-06-30$133.88M5.15%
2022-03-31$127.33M6.41%
2021-12-31$119.66M7.39%
2021-09-30$111.43M7.34%
2021-06-30$103.81M10.84%
2021-03-31$93.66M7.02%
2020-12-31$87.52M7.83%
2020-09-30$81.16M5.52%
2020-06-30$76.91M5.66%
2020-03-31$72.79M-

DigitalOcean generated $198.48M in revenue during Q3 2024, up 3.12% compared to the previous quarter, and up 116.88% compared to the same period a year ago.

DigitalOcean Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
PANWPalo Alto Networks$8.03B$2.14B
CRWDCrowdStrike$3.06B$1.01B
ZSZscaler$2.17B$627.96M
MDBMongoDB$1.68B$529.38M
PATHUiPath$1.31B$316.25M
NETCloudflare$1.30B$430.08M
DOCNDigitalOcean$692.88M$198.48M
OKTAOkta$2.26M$665.00M

DOCN Revenue FAQ

What is DigitalOcean’s yearly revenue?

DigitalOcean's yearly revenue for 2023 was $692.88M, representing an increase of 20.23% compared to 2022. The company's yearly revenue for 2022 was $576.32M, representing an increase of 34.48% compared to 2021. DOCN's yearly revenue for 2021 was $428.56M, representing an increase of 34.61% compared to 2020.

What is DigitalOcean’s quarterly revenue?

DigitalOcean's quarterly revenue for Q3 2024 was $198.48M, a 3.12% increase from the previous quarter (Q2 2024), and a 12.10% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $192.48M, a 4.19% increase from the previous quarter (Q1 2024), and a 13.35% increase year-over-year (Q2 2023). DOCN's quarterly revenue for Q1 2024 was $184.73M, a 2.13% increase from the previous quarter (Q4 2023), and a 11.87% increase year-over-year (Q1 2023).

What is DigitalOcean’s revenue growth rate?

DigitalOcean's revenue growth rate for the last 3 years (2021-2023) was 61.68%, and for the last 5 years (2019-2023) was 171.91%.