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Side-by-side financial comparison of DigitalOcean Holdings, Inc. (DOCN) and FIRST FINANCIAL BANCORP (FFBC). Click either name above to swap in a different company.

FIRST FINANCIAL BANCORP is the larger business by last-quarter revenue ($271.5M vs $242.4M, roughly 1.1× DigitalOcean Holdings, Inc.). FIRST FINANCIAL BANCORP runs the higher net margin — 27.4% vs 10.6%, a 16.8% gap on every dollar of revenue. Over the past eight quarters, DigitalOcean Holdings, Inc.'s revenue compounded faster (14.5% CAGR vs 12.4%).

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.

First Financial Bancorp is a regional bank headquartered in Cincinnati, Ohio, with its operations centers in the northern Cincinnati suburb of Springdale, and Greensburg, Indiana. Founded in 1863, First Financial has the sixth oldest national bank charter and has 131 locations throughout Ohio, Indiana, Kentucky, and Illinois. First Financial acquired Irwin Financial Corp and its subsidiaries through a government assisted transaction on September 18, 2009.

DOCN vs FFBC — Head-to-Head

Bigger by revenue
FFBC
FFBC
1.1× larger
FFBC
$271.5M
$242.4M
DOCN
Higher net margin
FFBC
FFBC
16.8% more per $
FFBC
27.4%
10.6%
DOCN
Faster 2-yr revenue CAGR
DOCN
DOCN
Annualised
DOCN
14.5%
12.4%
FFBC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DOCN
DOCN
FFBC
FFBC
Revenue
$242.4M
$271.5M
Net Profit
$25.7M
$74.4M
Gross Margin
58.7%
Operating Margin
16.0%
Net Margin
10.6%
27.4%
Revenue YoY
18.3%
Net Profit YoY
40.5%
EPS (diluted)
$0.23
$0.71

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
DOCN
DOCN
FFBC
FFBC
Q1 26
$271.5M
Q4 25
$242.4M
$238.8M
Q3 25
$229.6M
$234.0M
Q2 25
$218.7M
$226.3M
Q1 25
$210.7M
$200.4M
Q4 24
$204.9M
$224.3M
Q3 24
$198.5M
$201.3M
Q2 24
$192.5M
$214.8M
Net Profit
DOCN
DOCN
FFBC
FFBC
Q1 26
$74.4M
Q4 25
$25.7M
Q3 25
$158.4M
$71.9M
Q2 25
$37.0M
$70.0M
Q1 25
$38.2M
$51.3M
Q4 24
$18.3M
Q3 24
$32.9M
$52.5M
Q2 24
$19.1M
$60.8M
Gross Margin
DOCN
DOCN
FFBC
FFBC
Q1 26
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%
Operating Margin
DOCN
DOCN
FFBC
FFBC
Q1 26
Q4 25
16.0%
Q3 25
19.6%
38.7%
Q2 25
16.3%
38.8%
Q1 25
17.9%
31.7%
Q4 24
15.9%
Q3 24
12.4%
32.2%
Q2 24
11.6%
34.8%
Net Margin
DOCN
DOCN
FFBC
FFBC
Q1 26
27.4%
Q4 25
10.6%
Q3 25
69.0%
30.7%
Q2 25
16.9%
30.9%
Q1 25
18.1%
25.6%
Q4 24
8.9%
Q3 24
16.6%
26.1%
Q2 24
9.9%
28.3%
EPS (diluted)
DOCN
DOCN
FFBC
FFBC
Q1 26
$0.71
Q4 25
$0.23
$0.64
Q3 25
$1.51
$0.75
Q2 25
$0.39
$0.73
Q1 25
$0.39
$0.54
Q4 24
$0.21
$0.68
Q3 24
$0.33
$0.55
Q2 24
$0.20
$0.64

Balance Sheet & Financial Strength

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

Metric
DOCN
DOCN
FFBC
FFBC
Cash + ST InvestmentsLiquidity on hand
$254.5M
Total DebtLower is stronger
$1.3B
$13.1M
Stockholders' EquityBook value
$-28.7M
$2.9B
Total Assets
$1.8B
$22.5B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOCN
DOCN
FFBC
FFBC
Q1 26
Q4 25
$254.5M
Q3 25
$236.6M
Q2 25
$387.7M
Q1 25
$360.4M
Q4 24
$428.4M
Q3 24
$439.9M
Q2 24
$443.1M
Total Debt
DOCN
DOCN
FFBC
FFBC
Q1 26
$13.1M
Q4 25
$1.3B
$514.1M
Q3 25
$1.3B
$221.8M
Q2 25
$345.0M
Q1 25
$345.9M
Q4 24
$1.5B
$347.5M
Q3 24
$344.1M
Q2 24
$338.6M
Stockholders' Equity
DOCN
DOCN
FFBC
FFBC
Q1 26
$2.9B
Q4 25
$-28.7M
$2.8B
Q3 25
$-69.6M
$2.6B
Q2 25
$-175.2M
$2.6B
Q1 25
$-210.7M
$2.5B
Q4 24
$-203.0M
$2.4B
Q3 24
$-211.7M
$2.5B
Q2 24
$-253.8M
$2.3B
Total Assets
DOCN
DOCN
FFBC
FFBC
Q1 26
$22.5B
Q4 25
$1.8B
$21.1B
Q3 25
$1.7B
$18.6B
Q2 25
$1.7B
$18.6B
Q1 25
$1.6B
$18.5B
Q4 24
$1.6B
$18.6B
Q3 24
$1.5B
$18.1B
Q2 24
$1.5B
$18.2B
Debt / Equity
DOCN
DOCN
FFBC
FFBC
Q1 26
0.00×
Q4 25
0.19×
Q3 25
0.08×
Q2 25
0.13×
Q1 25
0.14×
Q4 24
0.14×
Q3 24
0.14×
Q2 24
0.15×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOCN
DOCN
FFBC
FFBC
Q1 26
Q4 25
$57.3M
$337.9M
Q3 25
$95.8M
$89.8M
Q2 25
$92.4M
$69.8M
Q1 25
$64.1M
$56.1M
Q4 24
$71.3M
$262.2M
Q3 24
$73.4M
$88.1M
Q2 24
$71.3M
$68.1M
Free Cash Flow
DOCN
DOCN
FFBC
FFBC
Q1 26
Q4 25
$31.1M
$317.1M
Q3 25
$88.0M
$85.8M
Q2 25
$59.3M
$64.8M
Q1 25
$2.1M
$52.4M
Q4 24
$26.1M
$241.1M
Q3 24
$16.0M
$84.4M
Q2 24
$39.5M
$64.8M
FCF Margin
DOCN
DOCN
FFBC
FFBC
Q1 26
Q4 25
12.8%
132.8%
Q3 25
38.3%
36.7%
Q2 25
27.1%
28.6%
Q1 25
1.0%
26.1%
Q4 24
12.7%
107.5%
Q3 24
8.1%
42.0%
Q2 24
20.5%
30.2%
Capex Intensity
DOCN
DOCN
FFBC
FFBC
Q1 26
Q4 25
10.8%
8.7%
Q3 25
3.4%
1.7%
Q2 25
15.2%
2.2%
Q1 25
29.4%
1.9%
Q4 24
22.1%
9.4%
Q3 24
28.9%
1.8%
Q2 24
16.6%
1.5%
Cash Conversion
DOCN
DOCN
FFBC
FFBC
Q1 26
Q4 25
2.23×
Q3 25
0.60×
1.25×
Q2 25
2.50×
1.00×
Q1 25
1.68×
1.09×
Q4 24
3.91×
Q3 24
2.23×
1.68×
Q2 24
3.73×
1.12×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DOCN
DOCN

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

FFBC
FFBC

Net Interest Income$189.6M70%
Noninterest Income$81.9M30%

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