DigitalOcean Holdings, Inc. (DOCN) company profile
Close on Nov 13, 2026Market cap $10.15BP/E 39.6Yield –
About DigitalOcean
Services-Computer Programming, Data Processing, Etc., SIC 7370
DigitalOcean operates an agentic inference cloud platform delivering cloud infrastructure, platform services, and artificial intelligence solutions. Its product suite spans Infrastructure-as-a-Service, comprising Droplet virtual machines, object and block storage, and networking tools, alongside managed platform offerings including Managed Databases, Managed Kubernetes, and Managed Hosting. Through its Gradient AI Agentic Cloud, the company provides GPU Droplets, bare-metal GPU servers, and foundational model inference workflows. The platform serves digital-native enterprises, growing technology companies, developers, and entrepreneurs across diverse sectors such as online gaming, fintech, and cybersecurity, who utilize these services to develop, host, and scale applications and AI products.
The company provides infrastructure across nine geographic regions globally, operating leased data centers in metropolitan areas including New York, San Francisco, and Atlanta, as well as internationally in Australia, Canada, Germany, India, the Netherlands, Singapore, and the United Kingdom. These facilities are augmented by worldwide points of presence; however, the excerpt does not disclose the location of the corporate headquarters.
Summary of the business section of DigitalOcean's latest annual report, written by StockData.
Company profile
Company
- Legal name
- DigitalOcean Holdings, Inc.
- Founded
- 2012
- Headquarters
- Broomfield, CO
- Address
- 105 Edgeview Drive, Suite 425 80021
- Phone
- (646) 827-4366
- Website
- www.digitalocean.com
- Employees
- 1,462, Dec 31, 2025
- Industry
- Services-Computer Programming, Data Processing, Etc.
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Denver, Colorado
Stock & identifiers
- Ticker
- DOCN
- Exchange
- NYSE
- IPO date
- Mar 24, 2021
- Shares outstanding
- 118M, Jul 30, 2026
- Public float
- $1.68B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1582961
- CUSIP
- 25402D102
- ISIN
- US25402D1028
- FIGI
- BBG00ZGF6SS3
- Share class FIGI
- BBG00ZGF6TM7
- LEI
- 549300EPISPY3RE3DL21
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Padmanabhan T. Srinivasan | Chief Executive Officer, Director | 751,423 |
| Vinay S. Kumar | Chief Product & Tech Officer | 254,909 |
| Matt Steinfort | Chief Financial Officer | 503,692 |
| Cherie Barrett | SVP, Chief Accounting Officer | 58,399 |
| Lawrence M. D'Angelo | Chief Revenue Officer | 132,272 |
| Bratin Saha | Chief Product & Tech Officer | 269,465 |
| Warren Jenson | Director | 33,988 |
| Pueo Keffer | Director | 40,780 |
| Pratima Arora | Director | 90,074 |
| Hilary Schneider | Director | 25,805 |
| Warren J. Adelman | Director | 67,619 |
| Amy Butte | Director | 31,000 |
| Christopher Merritt | Director | 24,031 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $1.21M | $7.48M | $4.09M | $113 | $253 |
| FY2024 Padmanabhan Srinivasan | $28.20M | $23.26M | $11.96M | $80 | $204 |
| FY2024 Yancey Spruill | $508.35K | -$58.78M | $11.96M | $80 | $204 |
| FY2023 Padmanabhan Srinivasan | $0 | $0 | $11.96M | $86 | $150 |
| FY2023 Yancey Spruill | $1.04M | $29.95M | $11.96M | $86 | $150 |
| FY2022 | $0 | $0 | $4.43M | $60 | $95 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Padmanabhan Srinivasan Chief Executive Officer | $600.00K | – | $588.00K | $22.80K | $1.21M | -96% |
| W. Matthew Steinfort Chief Financial Officer | $540.00K | $3.82M | $423.36K | $21.79K | $4.80M | -16% |
| Lawrence D'Angelo Chief Revenue Officer | $425.00K | $2.08M | $449.99K | $17.82K | $2.97M | -34% |
| Bratin Saha Former Chief Product & Technology Officer | $465.29K | $4.01M | – | $18.87K | $4.49M | -71% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Mar 24, 2021
- Offer price
- $47.00
- Securities offered
- 16,500,000
- Gross proceeds
- $775.50M
- Exchange
- NYSE
- First trading day
- Mar 24, 2021
- First-day close
- $42.50-9.6%
- Lock-up ends (est.)
- Sep 20, 2021
“The initial public offering price is $47.00 per share.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had a total of 1,462 employees, including 848 located outside the United States.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Aug 9, 2023 | Late filing | Notification of late filing |
| Mar 31, 2023 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Sep 8, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 24, 2021 | IPO | Initial public offering priced (424B4 prospectus) |
| Mar 19, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jul 14, 2015 | Name change | Name changed from Digital Ocean, Inc. to DigitalOcean Holdings, Inc. |
See a number that looks wrong?