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DigitalOcean Holdings Inc (DigitalOcean) is a technology company that develops on-demand infrastructure and cloud computing platforms. The company's main activities include the management and development of Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS) solutions. Its products include virtual machines, Managed Hosting systems, Managed Database systems, Managed Kubernetes, and AI/ML products. DigitalOcean's solutions cater to developers, start-ups, and small to medium-sized businesses across various industries, including gaming, fintech, and cybersecurity. The company operates in North America, Europe, and Asia. DigitalOcean is headquartered in New York, the US.
Headquarters
United States of America
Address
105 Edgeview Drive, Suite 425, Broomfield, Colorado, 80021
Website
www.digitalocean.com
Telephone
1 302 6365400
No of Employees
1,462
Industry
Technology and Communications
Ticker Symbol & Exchange
DOCN (NYSE)
Revenue (2024)
$901.4M
15.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
206.8%
(2024 vs 2023)
Market Cap*
$14.2B
Net Profit Margin (2024)
XYZ
165.8%
(2024 vs 2023)
* As of and is in US$
DigitalOcean Holdings Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Cloud Computing Platforms | DigitalOcean |
| Artificial Intelligence Platforms |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In April, the company launched the DigitalOcean AI-Native Cloud, the first cloud built end-to-end for the inference and agentic era. |
| 2026 | New Products/Services | In April, the company introduced its Inference Engine, a set of new production capabilities. |
| 2025 | New Products/Services | In September, the company launched Single Sign-On (SSO). |
Competitor Comparison
| Key Parameters | DigitalOcean Holdings Inc | Micron Technology Inc | Datatec Ltd | Novanta Inc | Axcelis Technologies Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | South Africa | United States of America | United States of America |
| City | Broomfield | Boise | Sandton | Bedford | Beverly |
| State/Province | Colorado | Idaho | Gauteng | Massachusetts | Massachusetts |
| No. of Employees | 1,462 | 53,000 | 11,049 | 3,000 | 1,465 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Warren Adelman | Chairman | Executive Board | 2023 | 61 |
| Padmanabhan Srinivasan | Chief Executive Officer; Director | Executive Board | 2024 | 49 |
| W. Matthew Steinfort | Chief Financial Officer | Senior Management | 2023 | 55 |
| Bratin Saha | Chief Product and Technology Officer | Senior Management | 2024 | 51 |
| Lawrence D'Angelo | Chief Revenue Officer | Senior Management | 2024 | 61 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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