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

GLACIER BANCORP, INC. is the larger business by last-quarter revenue ($306.8M vs $242.4M, roughly 1.3× DigitalOcean Holdings, Inc.). GLACIER BANCORP, INC. runs the higher net margin — 26.8% vs 10.6%, a 16.2% gap on every dollar of revenue. Over the past eight quarters, GLACIER BANCORP, INC.'s revenue compounded faster (24.3% CAGR vs 14.5%).

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.

Glacier Bancorp, Inc. is a regional multi-bank holding company headquartered in Kalispell, Montana, United States. It is a successor corporation to the Delaware corporation originally incorporated in 1990. The company provides personal and commercial banking services from 221 locations in Montana, Idaho, Utah, Washington, Wyoming, Colorado, Arizona, and, Nevada.

DOCN vs GBCI — Head-to-Head

Bigger by revenue
GBCI
GBCI
1.3× larger
GBCI
$306.8M
$242.4M
DOCN
Higher net margin
GBCI
GBCI
16.2% more per $
GBCI
26.8%
10.6%
DOCN
Faster 2-yr revenue CAGR
GBCI
GBCI
Annualised
GBCI
24.3%
14.5%
DOCN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DOCN
DOCN
GBCI
GBCI
Revenue
$242.4M
$306.8M
Net Profit
$25.7M
$82.1M
Gross Margin
58.7%
Operating Margin
16.0%
Net Margin
10.6%
26.8%
Revenue YoY
18.3%
Net Profit YoY
40.5%
EPS (diluted)
$0.23
$0.63

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
GBCI
GBCI
Q1 26
$306.8M
Q4 25
$242.4M
$306.5M
Q3 25
$229.6M
$260.7M
Q2 25
$218.7M
$240.6M
Q1 25
$210.7M
$222.6M
Q4 24
$204.9M
$223.0M
Q3 24
$198.5M
$214.9M
Q2 24
$192.5M
$198.7M
Net Profit
DOCN
DOCN
GBCI
GBCI
Q1 26
$82.1M
Q4 25
$25.7M
$63.8M
Q3 25
$158.4M
$67.9M
Q2 25
$37.0M
$52.8M
Q1 25
$38.2M
$54.6M
Q4 24
$18.3M
$61.8M
Q3 24
$32.9M
$51.1M
Q2 24
$19.1M
$44.7M
Gross Margin
DOCN
DOCN
GBCI
GBCI
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
GBCI
GBCI
Q1 26
Q4 25
16.0%
24.9%
Q3 25
19.6%
32.7%
Q2 25
16.3%
27.1%
Q1 25
17.9%
28.5%
Q4 24
15.9%
33.0%
Q3 24
12.4%
28.9%
Q2 24
11.6%
27.3%
Net Margin
DOCN
DOCN
GBCI
GBCI
Q1 26
26.8%
Q4 25
10.6%
20.8%
Q3 25
69.0%
26.0%
Q2 25
16.9%
21.9%
Q1 25
18.1%
24.5%
Q4 24
8.9%
27.7%
Q3 24
16.6%
23.8%
Q2 24
9.9%
22.5%
EPS (diluted)
DOCN
DOCN
GBCI
GBCI
Q1 26
$0.63
Q4 25
$0.23
$0.49
Q3 25
$1.51
$0.57
Q2 25
$0.39
$0.45
Q1 25
$0.39
$0.48
Q4 24
$0.21
$0.55
Q3 24
$0.33
$0.45
Q2 24
$0.20
$0.39

Balance Sheet & Financial Strength

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

Metric
DOCN
DOCN
GBCI
GBCI
Cash + ST InvestmentsLiquidity on hand
$254.5M
$1.4B
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$-28.7M
$4.2B
Total Assets
$1.8B
$31.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOCN
DOCN
GBCI
GBCI
Q1 26
$1.4B
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
GBCI
GBCI
Q1 26
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
Q1 25
Q4 24
$1.5B
Q3 24
Q2 24
Stockholders' Equity
DOCN
DOCN
GBCI
GBCI
Q1 26
$4.2B
Q4 25
$-28.7M
$4.2B
Q3 25
$-69.6M
$3.6B
Q2 25
$-175.2M
$3.5B
Q1 25
$-210.7M
$3.3B
Q4 24
$-203.0M
$3.2B
Q3 24
$-211.7M
$3.2B
Q2 24
$-253.8M
$3.1B
Total Assets
DOCN
DOCN
GBCI
GBCI
Q1 26
$31.7B
Q4 25
$1.8B
$32.0B
Q3 25
$1.7B
$29.0B
Q2 25
$1.7B
$29.0B
Q1 25
$1.6B
$27.9B
Q4 24
$1.6B
$27.9B
Q3 24
$1.5B
$28.2B
Q2 24
$1.5B
$27.8B

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
GBCI
GBCI
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
GBCI
GBCI
Q1 26
Q4 25
$57.3M
$374.4M
Q3 25
$95.8M
$112.4M
Q2 25
$92.4M
$86.0M
Q1 25
$64.1M
$52.4M
Q4 24
$71.3M
$258.0M
Q3 24
$73.4M
$150.1M
Q2 24
$71.3M
$62.7M
Free Cash Flow
DOCN
DOCN
GBCI
GBCI
Q1 26
Q4 25
$31.1M
$347.6M
Q3 25
$88.0M
$104.8M
Q2 25
$59.3M
$79.5M
Q1 25
$2.1M
$46.8M
Q4 24
$26.1M
$209.8M
Q3 24
$16.0M
$137.7M
Q2 24
$39.5M
$44.1M
FCF Margin
DOCN
DOCN
GBCI
GBCI
Q1 26
Q4 25
12.8%
113.4%
Q3 25
38.3%
40.2%
Q2 25
27.1%
33.1%
Q1 25
1.0%
21.0%
Q4 24
12.7%
94.1%
Q3 24
8.1%
64.1%
Q2 24
20.5%
22.2%
Capex Intensity
DOCN
DOCN
GBCI
GBCI
Q1 26
Q4 25
10.8%
8.8%
Q3 25
3.4%
2.9%
Q2 25
15.2%
2.7%
Q1 25
29.4%
2.5%
Q4 24
22.1%
21.6%
Q3 24
28.9%
5.8%
Q2 24
16.6%
9.3%
Cash Conversion
DOCN
DOCN
GBCI
GBCI
Q1 26
Q4 25
2.23×
5.87×
Q3 25
0.60×
1.66×
Q2 25
2.50×
1.63×
Q1 25
1.68×
0.96×
Q4 24
3.91×
4.18×
Q3 24
2.23×
2.94×
Q2 24
3.73×
1.40×

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%

GBCI
GBCI

Net Interest Income$268.7M88%
Noninterest Income$38.1M12%

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