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Side-by-side financial comparison of DigitalOcean Holdings, Inc. (DOCN) and SCOTTS MIRACLE-GRO CO (SMG). Click either name above to swap in a different company.

SCOTTS MIRACLE-GRO CO is the larger business by last-quarter revenue ($1.5B vs $242.4M, roughly 6.0× DigitalOcean Holdings, Inc.). SCOTTS MIRACLE-GRO CO runs the higher net margin — 16.3% vs 10.6%, a 5.8% gap on every dollar of revenue. On growth, DigitalOcean Holdings, Inc. posted the faster year-over-year revenue change (18.3% vs -16.9%). Over the past eight quarters, DigitalOcean Holdings, Inc.'s revenue compounded faster (14.5% CAGR vs 10.2%).

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.

The Scotts Miracle-Gro Company is an American multinational corporation headquartered in Marysville, Ohio, where O.M. Scott began selling lawn seed in 1868. The company manufactures and sells consumer lawn, garden and pest control products, as well as soilless indoor gardening equipment. In the U.S., the company manufactures Scotts, Miracle-Gro and Ortho brands. It also markets and distributes the herbicide Roundup in the U.S. and several international markets including China.

DOCN vs SMG — Head-to-Head

Bigger by revenue
SMG
SMG
6.0× larger
SMG
$1.5B
$242.4M
DOCN
Growing faster (revenue YoY)
DOCN
DOCN
+35.2% gap
DOCN
18.3%
-16.9%
SMG
Higher net margin
SMG
SMG
5.8% more per $
SMG
16.3%
10.6%
DOCN
Faster 2-yr revenue CAGR
DOCN
DOCN
Annualised
DOCN
14.5%
10.2%
SMG

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
DOCN
DOCN
SMG
SMG
Revenue
$242.4M
$1.5B
Net Profit
$25.7M
$238.6M
Gross Margin
58.7%
41.8%
Operating Margin
16.0%
27.5%
Net Margin
10.6%
16.3%
Revenue YoY
18.3%
-16.9%
Net Profit YoY
40.5%
61.2%
EPS (diluted)
$0.23
$-2.00

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
SMG
SMG
Q1 26
$1.5B
Q4 25
$242.4M
$354.4M
Q3 25
$229.6M
$387.3M
Q2 25
$218.7M
$1.2B
Q1 25
$210.7M
$1.4B
Q4 24
$204.9M
$416.8M
Q3 24
$198.5M
$414.7M
Q2 24
$192.5M
$1.2B
Net Profit
DOCN
DOCN
SMG
SMG
Q1 26
$238.6M
Q4 25
$25.7M
$-125.0M
Q3 25
$158.4M
Q2 25
$37.0M
$149.1M
Q1 25
$38.2M
$217.5M
Q4 24
$18.3M
$-69.5M
Q3 24
$32.9M
Q2 24
$19.1M
$132.1M
Gross Margin
DOCN
DOCN
SMG
SMG
Q1 26
41.8%
Q4 25
58.7%
25.0%
Q3 25
59.6%
6.1%
Q2 25
59.9%
31.8%
Q1 25
61.4%
38.6%
Q4 24
57.1%
22.7%
Q3 24
60.2%
-7.1%
Q2 24
61.0%
29.5%
Operating Margin
DOCN
DOCN
SMG
SMG
Q1 26
27.5%
Q4 25
16.0%
-6.2%
Q3 25
19.6%
-38.8%
Q2 25
16.3%
18.1%
Q1 25
17.9%
24.3%
Q4 24
15.9%
-12.2%
Q3 24
12.4%
-52.1%
Q2 24
11.6%
16.6%
Net Margin
DOCN
DOCN
SMG
SMG
Q1 26
16.3%
Q4 25
10.6%
-35.3%
Q3 25
69.0%
Q2 25
16.9%
12.6%
Q1 25
18.1%
15.3%
Q4 24
8.9%
-16.7%
Q3 24
16.6%
Q2 24
9.9%
11.0%
EPS (diluted)
DOCN
DOCN
SMG
SMG
Q1 26
$-2.00
Q4 25
$0.23
$-2.16
Q3 25
$1.51
$-2.58
Q2 25
$0.39
$2.54
Q1 25
$0.39
$3.72
Q4 24
$0.21
$-1.21
Q3 24
$0.33
$-4.21
Q2 24
$0.20
$2.28

Balance Sheet & Financial Strength

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

Metric
DOCN
DOCN
SMG
SMG
Cash + ST InvestmentsLiquidity on hand
$254.5M
$6.2M
Total DebtLower is stronger
$1.3B
$2.3B
Stockholders' EquityBook value
$-28.7M
Total Assets
$1.8B
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOCN
DOCN
SMG
SMG
Q1 26
$6.2M
Q4 25
$254.5M
$8.3M
Q3 25
$236.6M
$36.6M
Q2 25
$387.7M
$51.1M
Q1 25
$360.4M
$16.9M
Q4 24
$428.4M
$9.8M
Q3 24
$439.9M
$71.6M
Q2 24
$443.1M
$279.9M
Total Debt
DOCN
DOCN
SMG
SMG
Q1 26
$2.3B
Q4 25
$1.3B
Q3 25
$1.3B
$2.1B
Q2 25
Q1 25
Q4 24
$1.5B
Q3 24
$2.2B
Q2 24
Stockholders' Equity
DOCN
DOCN
SMG
SMG
Q1 26
Q4 25
$-28.7M
$-500.6M
Q3 25
$-69.6M
$-357.5M
Q2 25
$-175.2M
$-170.9M
Q1 25
$-210.7M
$-290.1M
Q4 24
$-203.0M
$-479.5M
Q3 24
$-211.7M
$-390.6M
Q2 24
$-253.8M
$-146.2M
Total Assets
DOCN
DOCN
SMG
SMG
Q1 26
$3.4B
Q4 25
$1.8B
$3.0B
Q3 25
$1.7B
$2.7B
Q2 25
$1.7B
$3.1B
Q1 25
$1.6B
$3.5B
Q4 24
$1.6B
$3.2B
Q3 24
$1.5B
$2.9B
Q2 24
$1.5B
$3.5B

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
SMG
SMG
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
SMG
SMG
Q1 26
Q4 25
$57.3M
$-370.4M
Q3 25
$95.8M
$174.1M
Q2 25
$92.4M
$454.4M
Q1 25
$64.1M
$188.1M
Q4 24
$71.3M
$-445.3M
Q3 24
$73.4M
$118.5M
Q2 24
$71.3M
$588.0M
Free Cash Flow
DOCN
DOCN
SMG
SMG
Q1 26
Q4 25
$31.1M
$-390.4M
Q3 25
$88.0M
$131.2M
Q2 25
$59.3M
$437.5M
Q1 25
$2.1M
$179.8M
Q4 24
$26.1M
$-474.6M
Q3 24
$16.0M
$101.9M
Q2 24
$39.5M
$574.8M
FCF Margin
DOCN
DOCN
SMG
SMG
Q1 26
Q4 25
12.8%
-110.2%
Q3 25
38.3%
33.9%
Q2 25
27.1%
36.8%
Q1 25
1.0%
12.7%
Q4 24
12.7%
-113.9%
Q3 24
8.1%
24.6%
Q2 24
20.5%
47.8%
Capex Intensity
DOCN
DOCN
SMG
SMG
Q1 26
Q4 25
10.8%
5.6%
Q3 25
3.4%
11.1%
Q2 25
15.2%
1.4%
Q1 25
29.4%
0.6%
Q4 24
22.1%
7.0%
Q3 24
28.9%
4.0%
Q2 24
16.6%
1.1%
Cash Conversion
DOCN
DOCN
SMG
SMG
Q1 26
Q4 25
2.23×
Q3 25
0.60×
Q2 25
2.50×
3.05×
Q1 25
1.68×
0.86×
Q4 24
3.91×
Q3 24
2.23×
Q2 24
3.73×
4.45×

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%

SMG
SMG

Segment breakdown not available.

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