vs

Side-by-side financial comparison of ASTRONICS CORP (ATRO) and DigitalOcean Holdings, Inc. (DOCN). Click either name above to swap in a different company.

DigitalOcean Holdings, Inc. is the larger business by last-quarter revenue ($242.4M vs $240.1M, roughly 1.0× ASTRONICS CORP). On growth, DigitalOcean Holdings, Inc. posted the faster year-over-year revenue change (18.3% vs 15.1%). DigitalOcean Holdings, Inc. produced more free cash flow last quarter ($31.1M vs $15.8M). Over the past eight quarters, DigitalOcean Holdings, Inc.'s revenue compounded faster (14.5% CAGR vs 13.9%).

Astronics Corporation is an American aerospace electronics corporation founded in 1968, headquartered in East Aurora, New York. It is traded on NASDAQ as Nasdaq: ATRO. It is known for lighting and electronics integrations on military, commercial, and business aircraft and semiconductor test systems.

DigitalOcean Holdings, Inc. is an American multinational technology company and cloud service provider. The company is headquartered in Broomfield, Colorado, US, with 15 globally distributed data centers. DigitalOcean provides developers, startups, and SMBs with cloud infrastructure-as-a-service platforms.

ATRO vs DOCN — Head-to-Head

Bigger by revenue
DOCN
DOCN
1.0× larger
DOCN
$242.4M
$240.1M
ATRO
Growing faster (revenue YoY)
DOCN
DOCN
+3.2% gap
DOCN
18.3%
15.1%
ATRO
More free cash flow
DOCN
DOCN
$15.3M more FCF
DOCN
$31.1M
$15.8M
ATRO
Faster 2-yr revenue CAGR
DOCN
DOCN
Annualised
DOCN
14.5%
13.9%
ATRO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ATRO
ATRO
DOCN
DOCN
Revenue
$240.1M
$242.4M
Net Profit
$25.7M
Gross Margin
33.3%
58.7%
Operating Margin
14.8%
16.0%
Net Margin
10.6%
Revenue YoY
15.1%
18.3%
Net Profit YoY
40.5%
EPS (diluted)
$0.82
$0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATRO
ATRO
DOCN
DOCN
Q4 25
$240.1M
$242.4M
Q3 25
$211.4M
$229.6M
Q2 25
$204.7M
$218.7M
Q1 25
$205.9M
$210.7M
Q4 24
$208.5M
$204.9M
Q3 24
$203.7M
$198.5M
Q2 24
$198.1M
$192.5M
Q1 24
$185.1M
$184.7M
Net Profit
ATRO
ATRO
DOCN
DOCN
Q4 25
$25.7M
Q3 25
$-11.1M
$158.4M
Q2 25
$1.3M
$37.0M
Q1 25
$9.5M
$38.2M
Q4 24
$18.3M
Q3 24
$-11.7M
$32.9M
Q2 24
$1.5M
$19.1M
Q1 24
$-3.2M
$14.1M
Gross Margin
ATRO
ATRO
DOCN
DOCN
Q4 25
33.3%
58.7%
Q3 25
30.5%
59.6%
Q2 25
25.8%
59.9%
Q1 25
29.5%
61.4%
Q4 24
29.8%
57.1%
Q3 24
27.1%
60.2%
Q2 24
28.0%
61.0%
Q1 24
25.7%
60.7%
Operating Margin
ATRO
ATRO
DOCN
DOCN
Q4 25
14.8%
16.0%
Q3 25
10.9%
19.6%
Q2 25
2.3%
16.3%
Q1 25
6.4%
17.9%
Q4 24
4.3%
15.9%
Q3 24
4.1%
12.4%
Q2 24
3.8%
11.6%
Q1 24
0.9%
6.2%
Net Margin
ATRO
ATRO
DOCN
DOCN
Q4 25
10.6%
Q3 25
-5.2%
69.0%
Q2 25
0.6%
16.9%
Q1 25
4.6%
18.1%
Q4 24
8.9%
Q3 24
-5.8%
16.6%
Q2 24
0.8%
9.9%
Q1 24
-1.7%
7.7%
EPS (diluted)
ATRO
ATRO
DOCN
DOCN
Q4 25
$0.82
$0.23
Q3 25
$-0.31
$1.51
Q2 25
$0.04
$0.39
Q1 25
$0.26
$0.39
Q4 24
$-0.07
$0.21
Q3 24
$-0.34
$0.33
Q2 24
$0.04
$0.20
Q1 24
$-0.09
$0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATRO
ATRO
DOCN
DOCN
Cash + ST InvestmentsLiquidity on hand
$18.2M
$254.5M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$140.1M
$-28.7M
Total Assets
$706.7M
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATRO
ATRO
DOCN
DOCN
Q4 25
$18.2M
$254.5M
Q3 25
$13.5M
$236.6M
Q2 25
$13.5M
$387.7M
Q1 25
$24.8M
$360.4M
Q4 24
$9.3M
$428.4M
Q3 24
$5.2M
$439.9M
Q2 24
$2.9M
$443.1M
Q1 24
$5.3M
$419.1M
Total Debt
ATRO
ATRO
DOCN
DOCN
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
Q1 25
Q4 24
$1.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ATRO
ATRO
DOCN
DOCN
Q4 25
$140.1M
$-28.7M
Q3 25
$108.9M
$-69.6M
Q2 25
$271.6M
$-175.2M
Q1 25
$266.8M
$-210.7M
Q4 24
$256.1M
$-203.0M
Q3 24
$249.2M
$-211.7M
Q2 24
$257.9M
$-253.8M
Q1 24
$251.7M
$-286.1M
Total Assets
ATRO
ATRO
DOCN
DOCN
Q4 25
$706.7M
$1.8B
Q3 25
$682.2M
$1.7B
Q2 25
$646.7M
$1.7B
Q1 25
$662.2M
$1.6B
Q4 24
$648.8M
$1.6B
Q3 24
$651.6M
$1.5B
Q2 24
$644.9M
$1.5B
Q1 24
$630.0M
$1.5B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATRO
ATRO
DOCN
DOCN
Operating Cash FlowLast quarter
$27.6M
$57.3M
Free Cash FlowOCF − Capex
$15.8M
$31.1M
FCF MarginFCF / Revenue
6.6%
12.8%
Capex IntensityCapex / Revenue
4.9%
10.8%
Cash ConversionOCF / Net Profit
2.23×
TTM Free Cash FlowTrailing 4 quarters
$43.1M
$180.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATRO
ATRO
DOCN
DOCN
Q4 25
$27.6M
$57.3M
Q3 25
$34.2M
$95.8M
Q2 25
$-7.6M
$92.4M
Q1 25
$20.6M
$64.1M
Q4 24
$26.4M
$71.3M
Q3 24
$8.4M
$73.4M
Q2 24
$-6.3M
$71.3M
Q1 24
$2.0M
$66.7M
Free Cash Flow
ATRO
ATRO
DOCN
DOCN
Q4 25
$15.8M
$31.1M
Q3 25
$21.0M
$88.0M
Q2 25
$-12.2M
$59.3M
Q1 25
$18.5M
$2.1M
Q4 24
$23.2M
$26.1M
Q3 24
$6.5M
$16.0M
Q2 24
$-8.1M
$39.5M
Q1 24
$439.0K
$23.0M
FCF Margin
ATRO
ATRO
DOCN
DOCN
Q4 25
6.6%
12.8%
Q3 25
9.9%
38.3%
Q2 25
-6.0%
27.1%
Q1 25
9.0%
1.0%
Q4 24
11.1%
12.7%
Q3 24
3.2%
8.1%
Q2 24
-4.1%
20.5%
Q1 24
0.2%
12.5%
Capex Intensity
ATRO
ATRO
DOCN
DOCN
Q4 25
4.9%
10.8%
Q3 25
6.2%
3.4%
Q2 25
2.2%
15.2%
Q1 25
1.0%
29.4%
Q4 24
1.5%
22.1%
Q3 24
0.9%
28.9%
Q2 24
0.9%
16.6%
Q1 24
0.9%
23.6%
Cash Conversion
ATRO
ATRO
DOCN
DOCN
Q4 25
2.23×
Q3 25
0.60×
Q2 25
-5.81×
2.50×
Q1 25
2.17×
1.68×
Q4 24
3.91×
Q3 24
2.23×
Q2 24
-4.08×
3.73×
Q1 24
4.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATRO
ATRO

Product Line Electrical Power And Motion$113.8M47%
Product Line Avionics$32.0M13%
Military Aircraft$28.0M12%
General Aviation$22.3M9%
Government And Defense$20.5M9%
Product Line Systems Certification$13.2M6%
Product Line Structures$3.7M2%
Product Line Other$2.3M1%

DOCN
DOCN

Scalers$84.3M35%
Scalers Plus$69.9M29%
Builders$64.1M26%
Learners Testers And Other$24.1M10%

Related Comparisons