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

DigitalOcean Holdings, Inc. is the larger business by last-quarter revenue ($242.4M vs $147.4M, roughly 1.6× WisdomTree, Inc.). WisdomTree, Inc. runs the higher net margin — 27.1% vs 10.6%, a 16.6% gap on every dollar of revenue. On growth, WisdomTree, Inc. posted the faster year-over-year revenue change (33.2% vs 18.3%). WisdomTree, Inc. produced more free cash flow last quarter ($147.7M vs $31.1M). Over the past eight quarters, WisdomTree, Inc.'s revenue compounded faster (23.4% 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.

WisdomTree, Inc. is a global exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager with headquarters in New York. WisdomTree launched its first ETFs in June 2006, and became one of the major ETF providers in the United States. WisdomTree sponsors different ETFs that span asset classes and countries worldwide. Categories include: U.S. and International Equity, Currency, Fixed Income and Alternatives.

DOCN vs WT — Head-to-Head

Bigger by revenue
DOCN
DOCN
1.6× larger
DOCN
$242.4M
$147.4M
WT
Growing faster (revenue YoY)
WT
WT
+14.9% gap
WT
33.2%
18.3%
DOCN
Higher net margin
WT
WT
16.6% more per $
WT
27.1%
10.6%
DOCN
More free cash flow
WT
WT
$116.6M more FCF
WT
$147.7M
$31.1M
DOCN
Faster 2-yr revenue CAGR
WT
WT
Annualised
WT
23.4%
14.5%
DOCN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DOCN
DOCN
WT
WT
Revenue
$242.4M
$147.4M
Net Profit
$25.7M
$40.0M
Gross Margin
58.7%
Operating Margin
16.0%
40.5%
Net Margin
10.6%
27.1%
Revenue YoY
18.3%
33.2%
Net Profit YoY
40.5%
46.6%
EPS (diluted)
$0.23
$0.28

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
WT
WT
Q4 25
$242.4M
$147.4M
Q3 25
$229.6M
$125.6M
Q2 25
$218.7M
$112.6M
Q1 25
$210.7M
$108.1M
Q4 24
$204.9M
$110.7M
Q3 24
$198.5M
$113.2M
Q2 24
$192.5M
$107.0M
Q1 24
$184.7M
$96.8M
Net Profit
DOCN
DOCN
WT
WT
Q4 25
$25.7M
$40.0M
Q3 25
$158.4M
$19.7M
Q2 25
$37.0M
$24.8M
Q1 25
$38.2M
$24.6M
Q4 24
$18.3M
$27.3M
Q3 24
$32.9M
$-4.5M
Q2 24
$19.1M
$21.8M
Q1 24
$14.1M
$22.1M
Gross Margin
DOCN
DOCN
WT
WT
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
DOCN
DOCN
WT
WT
Q4 25
16.0%
40.5%
Q3 25
19.6%
36.3%
Q2 25
16.3%
30.8%
Q1 25
17.9%
31.6%
Q4 24
15.9%
31.7%
Q3 24
12.4%
36.0%
Q2 24
11.6%
31.3%
Q1 24
6.2%
28.9%
Net Margin
DOCN
DOCN
WT
WT
Q4 25
10.6%
27.1%
Q3 25
69.0%
15.7%
Q2 25
16.9%
22.0%
Q1 25
18.1%
22.8%
Q4 24
8.9%
24.7%
Q3 24
16.6%
-4.0%
Q2 24
9.9%
20.3%
Q1 24
7.7%
22.8%
EPS (diluted)
DOCN
DOCN
WT
WT
Q4 25
$0.23
$0.28
Q3 25
$1.51
$0.13
Q2 25
$0.39
$0.17
Q1 25
$0.39
$0.17
Q4 24
$0.21
$0.20
Q3 24
$0.33
$-0.13
Q2 24
$0.20
$0.13
Q1 24
$0.15
$0.13

Balance Sheet & Financial Strength

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

Metric
DOCN
DOCN
WT
WT
Cash + ST InvestmentsLiquidity on hand
$254.5M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$-28.7M
$413.7M
Total Assets
$1.8B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOCN
DOCN
WT
WT
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
$132.5M
Q1 24
$419.1M
$116.9M
Total Debt
DOCN
DOCN
WT
WT
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
Q1 25
Q4 24
$1.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
DOCN
DOCN
WT
WT
Q4 25
$-28.7M
$413.7M
Q3 25
$-69.6M
$373.4M
Q2 25
$-175.2M
$445.1M
Q1 25
$-210.7M
$415.6M
Q4 24
$-203.0M
$400.0M
Q3 24
$-211.7M
$374.9M
Q2 24
$-253.8M
$445.6M
Q1 24
$-286.1M
$423.2M
Total Assets
DOCN
DOCN
WT
WT
Q4 25
$1.8B
$1.5B
Q3 25
$1.7B
$1.4B
Q2 25
$1.7B
$1.1B
Q1 25
$1.6B
$1.0B
Q4 24
$1.6B
$1.0B
Q3 24
$1.5B
$1.0B
Q2 24
$1.5B
$964.1M
Q1 24
$1.5B
$931.7M

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
WT
WT
Operating Cash FlowLast quarter
$57.3M
$147.9M
Free Cash FlowOCF − Capex
$31.1M
$147.7M
FCF MarginFCF / Revenue
12.8%
100.2%
Capex IntensityCapex / Revenue
10.8%
0.1%
Cash ConversionOCF / Net Profit
2.23×
3.70×
TTM Free Cash FlowTrailing 4 quarters
$180.5M
$240.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOCN
DOCN
WT
WT
Q4 25
$57.3M
$147.9M
Q3 25
$95.8M
$48.1M
Q2 25
$92.4M
$38.8M
Q1 25
$64.1M
$6.4M
Q4 24
$71.3M
$113.5M
Q3 24
$73.4M
$47.7M
Q2 24
$71.3M
$32.2M
Q1 24
$66.7M
$-1.0M
Free Cash Flow
DOCN
DOCN
WT
WT
Q4 25
$31.1M
$147.7M
Q3 25
$88.0M
$48.0M
Q2 25
$59.3M
$38.7M
Q1 25
$2.1M
$6.3M
Q4 24
$26.1M
$113.3M
Q3 24
$16.0M
$47.7M
Q2 24
$39.5M
$32.2M
Q1 24
$23.0M
$-1.1M
FCF Margin
DOCN
DOCN
WT
WT
Q4 25
12.8%
100.2%
Q3 25
38.3%
38.2%
Q2 25
27.1%
34.4%
Q1 25
1.0%
5.9%
Q4 24
12.7%
102.4%
Q3 24
8.1%
42.1%
Q2 24
20.5%
30.1%
Q1 24
12.5%
-1.1%
Capex Intensity
DOCN
DOCN
WT
WT
Q4 25
10.8%
0.1%
Q3 25
3.4%
0.0%
Q2 25
15.2%
0.1%
Q1 25
29.4%
0.0%
Q4 24
22.1%
0.1%
Q3 24
28.9%
0.0%
Q2 24
16.6%
0.0%
Q1 24
23.6%
0.1%
Cash Conversion
DOCN
DOCN
WT
WT
Q4 25
2.23×
3.70×
Q3 25
0.60×
2.44×
Q2 25
2.50×
1.57×
Q1 25
1.68×
0.26×
Q4 24
3.91×
4.15×
Q3 24
2.23×
Q2 24
3.73×
1.48×
Q1 24
4.72×
-0.05×

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%

WT
WT

Investment Advisory Management And Administrative Service$122.7M83%
Other Services Income$12.7M9%
IE$11.5M8%

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