DigitalOcean [DOCN] vs HashiCorp [HCP] Detailed Stock Comparison

DigitalOcean Holdings Inc.

NYSE

HashiCorp Inc.

NASDAQ

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: DigitalOcean Holdings Inc. wins in 10 metrics, HashiCorp Inc. wins in 7 metrics, with 0 ties. DigitalOcean Holdings Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric	DigitalOcean Holdings Inc.	HashiCorp Inc.	Better
P/E Ratio (TTM)	37.78	-35.49	DigitalOcean Holdings Inc.
Price-to-Book Ratio	-304.26	5.65	HashiCorp Inc.
Debt-to-Equity Ratio	-59.30	0.68	HashiCorp Inc.
PEG Ratio	0.94	99.37	DigitalOcean Holdings Inc.
EV/EBITDA	35.90	-37.36	DigitalOcean Holdings Inc.
Profit Margin (TTM)	28.76%	-18.66%	DigitalOcean Holdings Inc.
Operating Margin (TTM)	16.01%	-17.23%	DigitalOcean Holdings Inc.
EBITDA Margin (TTM)	16.01%	N/A	N/A
Return on Equity	-903.67%	-9.98%	HashiCorp Inc.
Return on Assets (TTM)	5.64%	-6.07%	DigitalOcean Holdings Inc.
Free Cash Flow (TTM)	$41.09M	$-22.88M	DigitalOcean Holdings Inc.
1-Year Return	536.45%	N/A	N/A
Price-to-Sales Ratio (TTM)	10.98	10.86	HashiCorp Inc.
Enterprise Value	$10.21B	$5.77B	DigitalOcean Holdings Inc.
EV/Revenue Ratio	11.32	8.82	HashiCorp Inc.
Gross Profit Margin (TTM)	58.69%	82.82%	HashiCorp Inc.
Revenue per Share (TTM)	$10	$3	DigitalOcean Holdings Inc.
Earnings per Share (Diluted)	$2.52	$-0.60	DigitalOcean Holdings Inc.
Beta (Stock Volatility)	1.43	1.19	HashiCorp Inc.
Short % of Float	17.29%	N/A	N/A

DigitalOcean Holdings Inc. vs HashiCorp Inc. Stock Performance Analysis

Loading Price Chart...

Performance Comparison

Short-term Returns

Stock	1D	1W	1M	3M	6M	YTD
DigitalOcean Holdings Inc.	6.37%	7.07%	17.06%	151.76%	296.00%	270.21%
HashiCorp Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Long-term Returns

Stock	1Y	3Y	5Y	10Y	15Y	20Y
DigitalOcean Holdings Inc.	536.45%	289.67%	262.64%	309.42%	309.42%	309.42%
HashiCorp Inc.	N/A	N/A	N/A	N/A	N/A	N/A

Performance & Financial Health Analysis: DigitalOcean Holdings Inc. vs HashiCorp Inc.

Metric	DOCN	HCP
Market Information
Market Cap i	$9.90B	$7.11B
Market Cap Category	Mid cap	Mid cap
10 Day Avg. Volume i	4,225,050	5,250,204
90 Day Avg. Volume i	5,275,003	3,707,858
Last Close	$181.29	$34.78
52 Week Range	$25.56 - $185.92	$23.00 - $34.85
% from 52W High	-2.49%	-0.19%
All-Time High	$185.92 (Jun 15, 2026)	$34.82 (Feb 26, 2025)
% from All-Time High	-2.49%	-0.11%
Growth Metrics
Quarterly Revenue Growth	0.18%	0.19%
Quarterly Earnings Growth	0.41%	0.19%
Financial Health
Profit Margin (TTM) i	0.29%	-0.19%
Operating Margin (TTM) i	0.16%	-0.17%
Return on Equity (TTM) i	-9.04%	-0.10%
Debt to Equity (MRQ) i	-59.30	0.68
Cash & Liquidity
Book Value per Share (MRQ)	$-0.31	$6.16
Cash per Share (MRQ)	$2.77	$6.59
Operating Cash Flow (TTM) i	$309.60M	$68.03M
Levered Free Cash Flow (TTM) i	$112.40M	$97.01M
Dividends
Last 12-Month Dividend Yield i	N/A	N/A
Last 12-Month Dividend i	N/A	N/A

Valuation & Enterprise Metrics Analysis: DigitalOcean Holdings Inc. vs HashiCorp Inc.

Metric	DOCN (Apr 26, 2026)	HCP (Mar 31, 2025)
Price Ratios
P/E Ratio (TTM) i	37.78	-35.49
Forward P/E i	56.59	99.37
PEG Ratio i	0.94	99.37
Price to Sales (TTM) i	10.98	10.86
Price to Book (MRQ) i	-304.26	5.65
Market Capitalization
Market Capitalization i	$9.90B	$7.11B
Enterprise Value i	$10.21B	$5.77B
Enterprise Value Metrics
Enterprise to Revenue i	11.32	8.82
Enterprise to EBITDA i	35.90	-37.36
Risk & Other Metrics
Beta i	1.43	1.19
Book Value per Share (MRQ) i	$-0.31	$6.16

Financial Statements Comparison: DigitalOcean Holdings Inc. vs HashiCorp Inc.

Financial Metrics

Loading Financial Charts...

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

Metric	DOCN (2025)	HCP (2024)
Revenue/Sales i	901.43M	583.14M
Cost of Goods Sold i	361.84M	108.70M
COGS % of Revenue i	40.1%	18.6%
Gross Profit i	539.59M	474.44M
Gross Margin i	59.9%	81.4%
Research & Development i	161.62M	222.55M
Operating Income (EBIT) i	156.99M	-254.28M
Operating Margin i	17.4%	-43.6%
EBITDA i	313.95M	-244.77M
EBITDA Margin i	34.8%	-42.0%
Pre-Tax Income i	206.66M	-189.63M
Pre-Tax Income % of Revenue i	22.9%	-32.5%
Income Tax i	-52.60M	1.04M
Income Tax % of Revenue i	-5.8%	0.2%
Net Income (Profit) i	259.26M	-190.67M
Profit Margin i	28.8%	-32.7%

Balance Sheet & Liquidity Metrics

Metric	DOCN (2025)	HCP (2024)
Cash & Equivalents i	254.48M	763.41M
Total Current Assets i	426.98M	1.54B
Total Current Assets % of Revenue i	47.4%	264.4%
Total Current Liabilities i	619.46M	440.75M
Total Current Liabilities % of Revenue i	68.7%	75.6%
Long-Term Debt i	1.14B	10.01M
Long-Term Debt % of Revenue i	126.2%	1.7%
Total Shareholders Equity i	-28.69M	1.21B
Retained Earnings i	-43.74M	-971.07M
Retained Earnings % of Revenue i	-4.9%	-166.5%
Property, Plant & Equipment i	415.67M	11.51M

Cash Flow Statement Comparison

Metric	DOCN (2025)	HCP (2024)
Operating Cash Flow i	366.65M	14.11M
Operating Cash Flow % of Revenue i	40.7%	2.4%
Capital Expenditures i	-126.60M	-697,000
Free Cash Flow i	41.09M	-22.88M
FCF Margin i	4.6%	-3.9%
Debt Repayment i	-1.14B	N/A
Common Stock Repurchase i	-82.12M	N/A

Short Interest & Institutional Ownership Analysis

Metric	DOCN	HCP
Shares Short i	11.79M	N/A
Short Ratio i	2.01	N/A
Short % of Float i	17.29%	N/A
Shares Outstanding i	91.95M	199.25M
Float Shares i	71.26M	141.12M
% Held by Insiders i	22.88%	4.09%
% Held by Institutions i	68.89%	79.95%
% Held by Public i	8.23%	15.96%

Dividend Analysis & Yield Comparison: DigitalOcean Holdings Inc. vs HashiCorp Inc.

Metric	DOCN	HCP
Last 12-Month Dividend i	N/A	N/A
Last 12-Month Dividend Yield i	N/A	N/A
3-Year Avg Annual Dividend i	N/A	N/A
3-Year Avg Dividend Yield i	N/A	N/A
3-Year Total Dividends i	N/A	N/A
Ex-Dividend Date	N/A	N/A

Metric	DOCN (Dec 31, 2025)	HCP (Oct 31, 2024)
Revenue/Sales i	242.39M	173.39M
Cost of Goods Sold i	100.12M	29.79M
COGS % of Revenue i	41.3%	17.2%
Gross Profit i	142.27M	143.60M
Gross Margin i	58.7%	82.8%
Research & Development i	44.26M	53.37M
Operating Income (EBIT) i	38.80M	-29.88M
Operating Margin i	16.0%	-17.2%
EBITDA i	81.39M	-26.41M
EBITDA Margin i	33.6%	-15.2%
Pre-Tax Income i	32.52M	-12.40M
Pre-Tax Income % of Revenue i	13.4%	-7.1%
Income Tax i	6.86M	611,000
Income Tax % of Revenue i	2.8%	0.4%
Net Income (Profit) i	25.66M	-13.01M
Profit Margin i	10.6%	-7.5%

Metric	DOCN (Dec 31, 2025)	HCP (Oct 31, 2024)
Operating Cash Flow i	74.70M	41.79M
Operating Cash Flow % of Revenue i	30.8%	24.1%
Capital Expenditures i	-99.13M	-12,000
Free Cash Flow i	-72.31M	35.73M
FCF Margin i	-29.8%	20.6%
Debt Repayment i	-4.14M	N/A
Common Stock Repurchase i	0	N/A

DigitalOcean [DOCN] vs HashiCorp [HCP] Detailed Stock Comparison

DigitalOcean Holdings Inc.

HashiCorp Inc.

TLDR: Quick Comparison Summary

Vital Metrics Comparison

Complete DigitalOcean Holdings Inc. Investment Analysis: Compare with Industry Leaders

Ever Wonder Which Stock is Really the Better Pick?

What You'll Actually Learn (in Plain English)

💰 Which Stock is Cheaper

🏥 Which Company is Healthier

📈 Which Has Been Growing Faster

💵 Which Pays You Better

DigitalOcean Holdings Inc. vs HashiCorp Inc. Stock Performance Analysis

Performance Comparison

Short-term Returns

Long-term Returns

Performance & Financial Health Analysis: DigitalOcean Holdings Inc. vs HashiCorp Inc.

Valuation & Enterprise Metrics Analysis: DigitalOcean Holdings Inc. vs HashiCorp Inc.

Financial Statements Comparison: DigitalOcean Holdings Inc. vs HashiCorp Inc.

Financial Metrics

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

DOCN (Annual)

DOCN (Quarterly)

HCP (Annual)

HCP (Quarterly)

Financial Statements Comparison

Income Statement

Balance Sheet & Liquidity Metrics

Cash Flow Statement Comparison

Income Statement

Balance Sheet & Liquidity Metrics

Cash Flow Statement Comparison

Short Interest & Institutional Ownership Analysis

Dividend Analysis & Yield Comparison: DigitalOcean Holdings Inc. vs HashiCorp Inc.

Metric	DOCN (Dec 31, 2025)	HCP (Oct 31, 2024)
Cash & Equivalents i	254.48M	923.63M
Total Current Assets i	426.98M	1.55B
Total Current Assets % of Revenue i	176.2%	895.6%
Total Current Liabilities i	619.46M	410.12M
Total Current Liabilities % of Revenue i	255.6%	236.5%
Long-Term Debt i	1.14B	N/A
Long-Term Debt % of Revenue i	469.3%	0.0%
Total Shareholders Equity i	-28.69M	1.26B
Retained Earnings i	-43.74M	-1.06B
Retained Earnings % of Revenue i	-18.0%	-612.3%
Property, Plant & Equipment i	415.67M	N/A

DigitalOcean [DOCN] vs HashiCorp [HCP] Detailed Stock Comparison

DigitalOcean Holdings Inc.

HashiCorp Inc.

TLDR: Quick Comparison Summary

Vital Metrics Comparison

Complete DigitalOcean Holdings Inc. Investment Analysis: Compare with Industry Leaders

Ever Wonder Which Stock is Really the Better Pick?

What You'll Actually Learn (in Plain English)

💰 Which Stock is Cheaper

🏥 Which Company is Healthier

📈 Which Has Been Growing Faster

💵 Which Pays You Better

DigitalOcean Holdings Inc. vs HashiCorp Inc. Stock Performance Analysis

Performance Comparison

Short-term Returns

Long-term Returns

Performance & Financial Health Analysis: DigitalOcean Holdings Inc. vs HashiCorp Inc.

Valuation & Enterprise Metrics Analysis: DigitalOcean Holdings Inc. vs HashiCorp Inc.

Financial Statements Comparison: DigitalOcean Holdings Inc. vs HashiCorp Inc.

Financial Metrics Quarterly Annual

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

DOCN (Annual)

DOCN (Quarterly)

HCP (Annual)

HCP (Quarterly)

Financial Statements Comparison

Income Statement

Balance Sheet & Liquidity Metrics

Cash Flow Statement Comparison

Income Statement

Balance Sheet & Liquidity Metrics

Cash Flow Statement Comparison

Short Interest & Institutional Ownership Analysis

Dividend Analysis & Yield Comparison: DigitalOcean Holdings Inc. vs HashiCorp Inc.

Financial Metrics