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Side-by-side financial comparison of Azenta, Inc. (AZTA) 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 $148.6M, roughly 1.6× Azenta, Inc.). DigitalOcean Holdings, Inc. runs the higher net margin — 10.6% vs -10.4%, a 21.0% gap on every dollar of revenue. On growth, DigitalOcean Holdings, Inc. posted the faster year-over-year revenue change (18.3% vs 0.8%). DigitalOcean Holdings, Inc. produced more free cash flow last quarter ($31.1M vs $14.7M). Over the past eight quarters, DigitalOcean Holdings, Inc.'s revenue compounded faster (14.5% CAGR vs 4.4%).

Azenta, was founded in 1978, and is based in Chelmsford, Massachusetts, United States. The company is a provider of life sciences services including genomics, cryogenic storage, automation, and informatics.

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.

AZTA vs DOCN — Head-to-Head

Bigger by revenue
DOCN
DOCN
1.6× larger
DOCN
$242.4M
$148.6M
AZTA
Growing faster (revenue YoY)
DOCN
DOCN
+17.5% gap
DOCN
18.3%
0.8%
AZTA
Higher net margin
DOCN
DOCN
21.0% more per $
DOCN
10.6%
-10.4%
AZTA
More free cash flow
DOCN
DOCN
$16.5M more FCF
DOCN
$31.1M
$14.7M
AZTA
Faster 2-yr revenue CAGR
DOCN
DOCN
Annualised
DOCN
14.5%
4.4%
AZTA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AZTA
AZTA
DOCN
DOCN
Revenue
$148.6M
$242.4M
Net Profit
$-15.4M
$25.7M
Gross Margin
42.9%
58.7%
Operating Margin
-4.9%
16.0%
Net Margin
-10.4%
10.6%
Revenue YoY
0.8%
18.3%
Net Profit YoY
-15.7%
40.5%
EPS (diluted)
$-0.34
$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
AZTA
AZTA
DOCN
DOCN
Q4 25
$148.6M
$242.4M
Q3 25
$159.2M
$229.6M
Q2 25
$143.9M
$218.7M
Q1 25
$143.3M
$210.7M
Q4 24
$147.4M
$204.9M
Q3 24
$150.6M
$198.5M
Q2 24
$144.3M
$192.5M
Q1 24
$136.4M
$184.7M
Net Profit
AZTA
AZTA
DOCN
DOCN
Q4 25
$-15.4M
$25.7M
Q3 25
$50.9M
$158.4M
Q2 25
$-48.0M
$37.0M
Q1 25
$-47.7M
$38.2M
Q4 24
$-11.0M
$18.3M
Q3 24
$-6.6M
$32.9M
Q2 24
$-6.6M
$19.1M
Q1 24
$-137.4M
$14.1M
Gross Margin
AZTA
AZTA
DOCN
DOCN
Q4 25
42.9%
58.7%
Q3 25
45.4%
59.6%
Q2 25
46.2%
59.9%
Q1 25
43.8%
61.4%
Q4 24
46.7%
57.1%
Q3 24
45.5%
60.2%
Q2 24
44.8%
61.0%
Q1 24
43.8%
60.7%
Operating Margin
AZTA
AZTA
DOCN
DOCN
Q4 25
-4.9%
16.0%
Q3 25
1.2%
19.6%
Q2 25
-1.3%
16.3%
Q1 25
-12.7%
17.9%
Q4 24
-5.9%
15.9%
Q3 24
-3.1%
12.4%
Q2 24
-4.9%
11.6%
Q1 24
-18.1%
6.2%
Net Margin
AZTA
AZTA
DOCN
DOCN
Q4 25
-10.4%
10.6%
Q3 25
32.0%
69.0%
Q2 25
-33.4%
16.9%
Q1 25
-33.3%
18.1%
Q4 24
-7.5%
8.9%
Q3 24
-4.4%
16.6%
Q2 24
-4.5%
9.9%
Q1 24
-100.8%
7.7%
EPS (diluted)
AZTA
AZTA
DOCN
DOCN
Q4 25
$-0.34
$0.23
Q3 25
$1.12
$1.51
Q2 25
$-1.05
$0.39
Q1 25
$-1.04
$0.39
Q4 24
$-0.25
$0.21
Q3 24
$-0.25
$0.33
Q2 24
$-0.12
$0.20
Q1 24
$-2.48
$0.15

Balance Sheet & Financial Strength

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

Metric
AZTA
AZTA
DOCN
DOCN
Cash + ST InvestmentsLiquidity on hand
$336.6M
$254.5M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$1.7B
$-28.7M
Total Assets
$2.1B
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AZTA
AZTA
DOCN
DOCN
Q4 25
$336.6M
$254.5M
Q3 25
$279.8M
$236.6M
Q2 25
$270.0M
$387.7M
Q1 25
$253.6M
$360.4M
Q4 24
$377.5M
$428.4M
Q3 24
$280.0M
$439.9M
Q2 24
$336.5M
$443.1M
Q1 24
$353.5M
$419.1M
Total Debt
AZTA
AZTA
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
AZTA
AZTA
DOCN
DOCN
Q4 25
$1.7B
$-28.7M
Q3 25
$1.7B
$-69.6M
Q2 25
$1.7B
$-175.2M
Q1 25
$1.7B
$-210.7M
Q4 24
$1.7B
$-203.0M
Q3 24
$1.8B
$-211.7M
Q2 24
$2.0B
$-253.8M
Q1 24
$2.2B
$-286.1M
Total Assets
AZTA
AZTA
DOCN
DOCN
Q4 25
$2.1B
$1.8B
Q3 25
$2.1B
$1.7B
Q2 25
$2.0B
$1.7B
Q1 25
$2.0B
$1.6B
Q4 24
$2.0B
$1.6B
Q3 24
$2.1B
$1.5B
Q2 24
$2.3B
$1.5B
Q1 24
$2.6B
$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
AZTA
AZTA
DOCN
DOCN
Operating Cash FlowLast quarter
$20.8M
$57.3M
Free Cash FlowOCF − Capex
$14.7M
$31.1M
FCF MarginFCF / Revenue
9.9%
12.8%
Capex IntensityCapex / Revenue
4.2%
10.8%
Cash ConversionOCF / Net Profit
2.23×
TTM Free Cash FlowTrailing 4 quarters
$30.9M
$180.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AZTA
AZTA
DOCN
DOCN
Q4 25
$20.8M
$57.3M
Q3 25
$2.2M
$95.8M
Q2 25
$25.8M
$92.4M
Q1 25
$14.4M
$64.1M
Q4 24
$29.8M
$71.3M
Q3 24
$17.7M
$73.4M
Q2 24
$9.8M
$71.3M
Q1 24
$8.7M
$66.7M
Free Cash Flow
AZTA
AZTA
DOCN
DOCN
Q4 25
$14.7M
$31.1M
Q3 25
$-5.7M
$88.0M
Q2 25
$15.0M
$59.3M
Q1 25
$7.0M
$2.1M
Q4 24
$22.0M
$26.1M
Q3 24
$8.3M
$16.0M
Q2 24
$1.3M
$39.5M
Q1 24
$428.0K
$23.0M
FCF Margin
AZTA
AZTA
DOCN
DOCN
Q4 25
9.9%
12.8%
Q3 25
-3.6%
38.3%
Q2 25
10.4%
27.1%
Q1 25
4.9%
1.0%
Q4 24
15.0%
12.7%
Q3 24
5.5%
8.1%
Q2 24
0.9%
20.5%
Q1 24
0.3%
12.5%
Capex Intensity
AZTA
AZTA
DOCN
DOCN
Q4 25
4.2%
10.8%
Q3 25
4.9%
3.4%
Q2 25
7.5%
15.2%
Q1 25
5.2%
29.4%
Q4 24
5.3%
22.1%
Q3 24
6.2%
28.9%
Q2 24
5.9%
16.6%
Q1 24
6.1%
23.6%
Cash Conversion
AZTA
AZTA
DOCN
DOCN
Q4 25
2.23×
Q3 25
0.04×
0.60×
Q2 25
2.50×
Q1 25
1.68×
Q4 24
3.91×
Q3 24
2.23×
Q2 24
3.73×
Q1 24
4.72×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AZTA
AZTA

Multiomics$67.2M45%
Core Products$47.6M32%
Sample Repository Solutions$33.8M23%

DOCN
DOCN

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

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