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

Claritev Corp is the larger business by last-quarter revenue ($246.6M vs $242.4M, roughly 1.0× DigitalOcean Holdings, Inc.). DigitalOcean Holdings, Inc. runs the higher net margin — 10.6% vs -32.7%, a 43.3% gap on every dollar of revenue. On growth, DigitalOcean Holdings, Inc. posted the faster year-over-year revenue change (18.3% vs 6.2%). Claritev Corp produced more free cash flow last quarter ($36.4M vs $31.1M). Over the past eight quarters, DigitalOcean Holdings, Inc.'s revenue compounded faster (14.5% CAGR vs 2.5%).

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.

CTEV vs DOCN — Head-to-Head

Bigger by revenue
CTEV
CTEV
1.0× larger
CTEV
$246.6M
$242.4M
DOCN
Growing faster (revenue YoY)
DOCN
DOCN
+12.1% gap
DOCN
18.3%
6.2%
CTEV
Higher net margin
DOCN
DOCN
43.3% more per $
DOCN
10.6%
-32.7%
CTEV
More free cash flow
CTEV
CTEV
$5.3M more FCF
CTEV
$36.4M
$31.1M
DOCN
Faster 2-yr revenue CAGR
DOCN
DOCN
Annualised
DOCN
14.5%
2.5%
CTEV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CTEV
CTEV
DOCN
DOCN
Revenue
$246.6M
$242.4M
Net Profit
$-80.6M
$25.7M
Gross Margin
58.7%
Operating Margin
-3.1%
16.0%
Net Margin
-32.7%
10.6%
Revenue YoY
6.2%
18.3%
Net Profit YoY
41.6%
40.5%
EPS (diluted)
$-4.88
$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
CTEV
CTEV
DOCN
DOCN
Q4 25
$246.6M
$242.4M
Q3 25
$246.0M
$229.6M
Q2 25
$241.6M
$218.7M
Q1 25
$231.3M
$210.7M
Q4 24
$232.1M
$204.9M
Q3 24
$230.5M
$198.5M
Q2 24
$233.5M
$192.5M
Q1 24
$234.5M
$184.7M
Net Profit
CTEV
CTEV
DOCN
DOCN
Q4 25
$-80.6M
$25.7M
Q3 25
$-69.8M
$158.4M
Q2 25
$-62.6M
$37.0M
Q1 25
$-71.3M
$38.2M
Q4 24
$-138.0M
$18.3M
Q3 24
$-391.4M
$32.9M
Q2 24
$-576.7M
$19.1M
Q1 24
$-539.7M
$14.1M
Gross Margin
CTEV
CTEV
DOCN
DOCN
Q4 25
58.7%
Q3 25
59.6%
Q2 25
59.9%
Q1 25
61.4%
Q4 24
57.1%
Q3 24
60.2%
Q2 24
61.0%
Q1 24
60.7%
Operating Margin
CTEV
CTEV
DOCN
DOCN
Q4 25
-3.1%
16.0%
Q3 25
4.1%
19.6%
Q2 25
6.9%
16.3%
Q1 25
4.2%
17.9%
Q4 24
-17.8%
15.9%
Q3 24
-146.7%
12.4%
Q2 24
-224.4%
11.6%
Q1 24
-207.4%
6.2%
Net Margin
CTEV
CTEV
DOCN
DOCN
Q4 25
-32.7%
10.6%
Q3 25
-28.4%
69.0%
Q2 25
-25.9%
16.9%
Q1 25
-30.8%
18.1%
Q4 24
-59.4%
8.9%
Q3 24
-169.8%
16.6%
Q2 24
-247.0%
9.9%
Q1 24
-230.1%
7.7%
EPS (diluted)
CTEV
CTEV
DOCN
DOCN
Q4 25
$-4.88
$0.23
Q3 25
$-4.23
$1.51
Q2 25
$-3.81
$0.39
Q1 25
$-4.38
$0.39
Q4 24
$-8.49
$0.21
Q3 24
$-24.25
$0.33
Q2 24
$-35.78
$0.20
Q1 24
$-33.40
$0.15

Balance Sheet & Financial Strength

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

Metric
CTEV
CTEV
DOCN
DOCN
Cash + ST InvestmentsLiquidity on hand
$16.8M
$254.5M
Total DebtLower is stronger
$4.6B
$1.3B
Stockholders' EquityBook value
$-173.9M
$-28.7M
Total Assets
$4.9B
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTEV
CTEV
DOCN
DOCN
Q4 25
$16.8M
$254.5M
Q3 25
$39.2M
$236.6M
Q2 25
$56.4M
$387.7M
Q1 25
$23.1M
$360.4M
Q4 24
$16.8M
$428.4M
Q3 24
$86.6M
$439.9M
Q2 24
$48.8M
$443.1M
Q1 24
$58.7M
$419.1M
Total Debt
CTEV
CTEV
DOCN
DOCN
Q4 25
$4.6B
$1.3B
Q3 25
$4.5B
$1.3B
Q2 25
$4.5B
Q1 25
$4.5B
Q4 24
$4.5B
$1.5B
Q3 24
$4.5B
Q2 24
$4.5B
Q1 24
$4.5B
Stockholders' Equity
CTEV
CTEV
DOCN
DOCN
Q4 25
$-173.9M
$-28.7M
Q3 25
$-101.8M
$-69.6M
Q2 25
$-39.9M
$-175.2M
Q1 25
$14.8M
$-210.7M
Q4 24
$84.0M
$-203.0M
Q3 24
$207.6M
$-211.7M
Q2 24
$603.4M
$-253.8M
Q1 24
$1.2B
$-286.1M
Total Assets
CTEV
CTEV
DOCN
DOCN
Q4 25
$4.9B
$1.8B
Q3 25
$5.0B
$1.7B
Q2 25
$5.1B
$1.7B
Q1 25
$5.1B
$1.6B
Q4 24
$5.2B
$1.6B
Q3 24
$5.3B
$1.5B
Q2 24
$5.7B
$1.5B
Q1 24
$6.4B
$1.5B
Debt / Equity
CTEV
CTEV
DOCN
DOCN
Q4 25
Q3 25
Q2 25
Q1 25
304.87×
Q4 24
53.67×
Q3 24
21.73×
Q2 24
7.48×
Q1 24
3.85×

Cash Flow & Capital Efficiency

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

Metric
CTEV
CTEV
DOCN
DOCN
Operating Cash FlowLast quarter
$66.3M
$57.3M
Free Cash FlowOCF − Capex
$36.4M
$31.1M
FCF MarginFCF / Revenue
14.8%
12.8%
Capex IntensityCapex / Revenue
12.1%
10.8%
Cash ConversionOCF / Net Profit
2.23×
TTM Free Cash FlowTrailing 4 quarters
$-12.3M
$180.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTEV
CTEV
DOCN
DOCN
Q4 25
$66.3M
$57.3M
Q3 25
$19.9M
$95.8M
Q2 25
$61.2M
$92.4M
Q1 25
$-30.1M
$64.1M
Q4 24
$-33.4M
$71.3M
Q3 24
$72.8M
$73.4M
Q2 24
$18.5M
$71.3M
Q1 24
$49.7M
$66.7M
Free Cash Flow
CTEV
CTEV
DOCN
DOCN
Q4 25
$36.4M
$31.1M
Q3 25
$-16.3M
$88.0M
Q2 25
$36.6M
$59.3M
Q1 25
$-68.9M
$2.1M
Q4 24
$-63.8M
$26.1M
Q3 24
$41.1M
$16.0M
Q2 24
$-7.0M
$39.5M
Q1 24
$19.2M
$23.0M
FCF Margin
CTEV
CTEV
DOCN
DOCN
Q4 25
14.8%
12.8%
Q3 25
-6.6%
38.3%
Q2 25
15.2%
27.1%
Q1 25
-29.8%
1.0%
Q4 24
-27.5%
12.7%
Q3 24
17.8%
8.1%
Q2 24
-3.0%
20.5%
Q1 24
8.2%
12.5%
Capex Intensity
CTEV
CTEV
DOCN
DOCN
Q4 25
12.1%
10.8%
Q3 25
14.7%
3.4%
Q2 25
10.2%
15.2%
Q1 25
16.8%
29.4%
Q4 24
13.1%
22.1%
Q3 24
13.8%
28.9%
Q2 24
10.9%
16.6%
Q1 24
13.0%
23.6%
Cash Conversion
CTEV
CTEV
DOCN
DOCN
Q4 25
2.23×
Q3 25
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

CTEV
CTEV

Segment breakdown not available.

DOCN
DOCN

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

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