DigitalOcean Holdings Inc (DOCN) — Free Cash Flow Generation Index

Latest as of December 2025: -1.89x

DigitalOcean Holdings Inc (DOCN) has a Free Cash Flow Generation Index of -1.89x as of December 2025. Free cash flow of $-108.10 Million represents -2% of operating cash flow ($57.28 Million). Read DigitalOcean Holdings Inc (DOCN) financial obligations for a breakdown of total debt and financial obligations.

FCF Generation Index

-1.89x
Free Cash Flow / Operating CF

Free Cash Flow

$-108.10 Million
USD

Operating Cash Flow

$57.28 Million
USD

Capital Expenditures

$165.38 Million
USD

DigitalOcean Holdings Inc Free Cash Flow Generation Index (2018–2025)

Historical FCF Generation Index trend for DigitalOcean Holdings Inc across 8 annual periods. Explore DigitalOcean Holdings Inc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for DigitalOcean Holdings Inc (2018–2025)

Year-by-year Free Cash Flow Generation Index for DigitalOcean Holdings Inc. For the full company profile including market capitalisation, see DOCN stock market capitalisation.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.55x $169.75 Million $309.60 Million $139.85 Million ▲ +61.1%
2024 0.34x $96.20 Million $282.73 Million $186.52 Million ▼ -27.4%
2023 0.47x $110.13 Million $234.94 Million $124.81 Million ▲ +22.1%
2022 0.38x $74.94 Million $195.15 Million $120.22 Million ▲ +112.8%
2021 0.18x $24.02 Million $133.11 Million $109.10 Million ▲ +118.4%
2020 -0.98x $-57.35 Million $58.46 Million $115.81 Million ▼ -28.2%
2019 -0.77x $-30.54 Million $39.90 Million $70.44 Million ▼ -24.7%
2018 -0.61x $-23.30 Million $37.95 Million $61.25 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).