Filing Flows › DigitalOcean Holdings (DOCN) › Q2 2025
DigitalOcean Holdings (DOCN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
DigitalOcean Holdings (DOCN) reported revenue of $219M for the second quarter 2025 (Q2 2025), +14% from a year earlier and +4% from the quarter before. Operating margin was 16.3%, net earnings $37.0M (16.9% of revenue).
DigitalOcean Holdings, Q2 2025: revenue $219M (+14% year over year), operating margin 16.3%, net earnings $37.0M, operating cash flow $92.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $219M | +4% | +14% |
| Gross profit | $131M | +1% | +15% |
| Operating profit | $35.6M | -5% | +60% |
| Net earnings | $37.0M | -3% | +93% |
| Operating cash flow | $92.4M | +44% | +30% |
| Free cash flow | $59.2M | 28× | +50% |
What changed
Revenue was $218.7M in Q2 2025, up 14% year over year and up 4% from the previous quarter.
Gross margin was 59.9%, up 0.6 points from a year earlier. Operating profit was $35.6M, a 16.3% margin (up 4.7 points year over year). Of the extra revenue versus a year earlier, 51% reached operating profit, above the 12% margin then. Operating expenses grew 4% against revenue growth of 14%. The fastest-growing cost line was Research & development (+20%). Net earnings were $37.0M, up 93% year over year. The effective tax rate was 12.8%.
Operating cash flow was $92.4M (up 30% year over year), 250% of net earnings. Non-cash charges added back $32.8M of depreciation and amortization and $21.1M of share-based compensation. Capital expenditures of $33.2M left free cash flow of $59.2M.
Questions
What was DigitalOcean Holdings' revenue in the second quarter 2025?
DigitalOcean Holdings (DOCN) reported revenue of $219M for the second quarter 2025 (Q2 2025), +14% from a year earlier and +4% from the quarter before.
Was DigitalOcean Holdings profitable in the second quarter 2025?
Operating profit was $35.6M (16.3% of revenue) and net earnings $37.0M.