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

DigitalOcean Holdings, Inc. is the larger business by last-quarter revenue ($242.4M vs $150.6M, roughly 1.6× GLAUKOS Corp). DigitalOcean Holdings, Inc. runs the higher net margin — 10.6% vs 6.2%, a 4.4% gap on every dollar of revenue. On growth, GLAUKOS Corp posted the faster year-over-year revenue change (41.2% vs 18.3%). Over the past eight quarters, GLAUKOS Corp's revenue compounded faster (25.4% 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.

Glaukos Corp is a medical technology company focused on ophthalmology, developing and commercializing minimally invasive surgical devices, prescription pharmaceuticals and consumer products for glaucoma, corneal diseases and other eye disorders. It operates primarily across North America, Europe and Asia Pacific, serving hospitals, ophthalmology clinics and patients worldwide.

DOCN vs GKOS — Head-to-Head

Bigger by revenue
DOCN
DOCN
1.6× larger
DOCN
$242.4M
$150.6M
GKOS
Growing faster (revenue YoY)
GKOS
GKOS
+22.9% gap
GKOS
41.2%
18.3%
DOCN
Higher net margin
DOCN
DOCN
4.4% more per $
DOCN
10.6%
6.2%
GKOS
Faster 2-yr revenue CAGR
GKOS
GKOS
Annualised
GKOS
25.4%
14.5%
DOCN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DOCN
DOCN
GKOS
GKOS
Revenue
$242.4M
$150.6M
Net Profit
$25.7M
$9.4M
Gross Margin
58.7%
77.9%
Operating Margin
16.0%
9.0%
Net Margin
10.6%
6.2%
Revenue YoY
18.3%
41.2%
Net Profit YoY
40.5%
EPS (diluted)
$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
DOCN
DOCN
GKOS
GKOS
Q1 26
$150.6M
Q4 25
$242.4M
$143.1M
Q3 25
$229.6M
$133.5M
Q2 25
$218.7M
$124.1M
Q1 25
$210.7M
$106.7M
Q4 24
$204.9M
$105.5M
Q3 24
$198.5M
$96.7M
Q2 24
$192.5M
$95.7M
Net Profit
DOCN
DOCN
GKOS
GKOS
Q1 26
$9.4M
Q4 25
$25.7M
$-133.7M
Q3 25
$158.4M
$-16.2M
Q2 25
$37.0M
$-19.7M
Q1 25
$38.2M
$-18.1M
Q4 24
$18.3M
$-33.6M
Q3 24
$32.9M
$-21.4M
Q2 24
$19.1M
$-50.5M
Gross Margin
DOCN
DOCN
GKOS
GKOS
Q1 26
77.9%
Q4 25
58.7%
-1.1%
Q3 25
59.6%
78.4%
Q2 25
59.9%
78.3%
Q1 25
61.4%
77.2%
Q4 24
57.1%
72.9%
Q3 24
60.2%
76.6%
Q2 24
61.0%
76.4%
Operating Margin
DOCN
DOCN
GKOS
GKOS
Q1 26
9.0%
Q4 25
16.0%
-97.7%
Q3 25
19.6%
-12.3%
Q2 25
16.3%
-18.3%
Q1 25
17.9%
-19.4%
Q4 24
15.9%
-27.2%
Q3 24
12.4%
-25.5%
Q2 24
11.6%
-31.3%
Net Margin
DOCN
DOCN
GKOS
GKOS
Q1 26
6.2%
Q4 25
10.6%
-93.4%
Q3 25
69.0%
-12.2%
Q2 25
16.9%
-15.8%
Q1 25
18.1%
-17.0%
Q4 24
8.9%
-31.8%
Q3 24
16.6%
-22.1%
Q2 24
9.9%
-52.8%
EPS (diluted)
DOCN
DOCN
GKOS
GKOS
Q1 26
Q4 25
$0.23
$-2.34
Q3 25
$1.51
$-0.28
Q2 25
$0.39
$-0.34
Q1 25
$0.39
$-0.32
Q4 24
$0.21
$-0.56
Q3 24
$0.33
$-0.39
Q2 24
$0.20
$-1.00

Balance Sheet & Financial Strength

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

Metric
DOCN
DOCN
GKOS
GKOS
Cash + ST InvestmentsLiquidity on hand
$254.5M
$276.7M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$-28.7M
$670.9M
Total Assets
$1.8B
$893.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOCN
DOCN
GKOS
GKOS
Q1 26
$276.7M
Q4 25
$254.5M
$90.8M
Q3 25
$236.6M
$98.2M
Q2 25
$387.7M
$100.8M
Q1 25
$360.4M
$114.3M
Q4 24
$428.4M
$169.6M
Q3 24
$439.9M
$100.1M
Q2 24
$443.1M
$68.1M
Total Debt
DOCN
DOCN
GKOS
GKOS
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
GKOS
GKOS
Q1 26
$670.9M
Q4 25
$-28.7M
$656.2M
Q3 25
$-69.6M
$769.5M
Q2 25
$-175.2M
$765.1M
Q1 25
$-210.7M
$764.0M
Q4 24
$-203.0M
$766.9M
Q3 24
$-211.7M
$668.5M
Q2 24
$-253.8M
$665.2M
Total Assets
DOCN
DOCN
GKOS
GKOS
Q1 26
$893.3M
Q4 25
$1.8B
$893.5M
Q3 25
$1.7B
$999.4M
Q2 25
$1.7B
$987.0M
Q1 25
$1.6B
$966.2M
Q4 24
$1.6B
$974.8M
Q3 24
$1.5B
$926.5M
Q2 24
$1.5B
$919.7M

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
GKOS
GKOS
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
GKOS
GKOS
Q1 26
Q4 25
$57.3M
$6.8M
Q3 25
$95.8M
$-10.1M
Q2 25
$92.4M
$7.0M
Q1 25
$64.1M
$-18.5M
Q4 24
$71.3M
$507.0K
Q3 24
$73.4M
$-9.6M
Q2 24
$71.3M
$-18.4M
Free Cash Flow
DOCN
DOCN
GKOS
GKOS
Q1 26
Q4 25
$31.1M
$3.9M
Q3 25
$88.0M
$-11.7M
Q2 25
$59.3M
$5.8M
Q1 25
$2.1M
$-20.5M
Q4 24
$26.1M
$-1.2M
Q3 24
$16.0M
$-11.0M
Q2 24
$39.5M
$-20.5M
FCF Margin
DOCN
DOCN
GKOS
GKOS
Q1 26
Q4 25
12.8%
2.7%
Q3 25
38.3%
-8.8%
Q2 25
27.1%
4.7%
Q1 25
1.0%
-19.2%
Q4 24
12.7%
-1.2%
Q3 24
8.1%
-11.4%
Q2 24
20.5%
-21.4%
Capex Intensity
DOCN
DOCN
GKOS
GKOS
Q1 26
Q4 25
10.8%
2.0%
Q3 25
3.4%
1.2%
Q2 25
15.2%
0.9%
Q1 25
29.4%
1.8%
Q4 24
22.1%
1.6%
Q3 24
28.9%
1.5%
Q2 24
16.6%
2.2%
Cash Conversion
DOCN
DOCN
GKOS
GKOS
Q1 26
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×

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%

GKOS
GKOS

Segment breakdown not available.

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