Is DigitalOcean Holdings, Inc. (DOCN) Halal?

NYSE Technology United States $8.5B
✗ NOT HALAL
Confidence: 90/100
DigitalOcean Holdings, Inc. (DOCN) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 32.0% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. DigitalOcean Holdings, Inc. operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 32.0%
/ 30%
5.1%
/ 30%
2.4%
/ 30%
2.16%
/ 5%
✗ NOT HALAL
DJIM 32.0%
/ 33%
5.1%
/ 33%
2.4%
/ 33%
2.16%
/ 5%
✓ HALAL
MSCI 87.2%
/ 33%
13.8%
/ 33%
6.5%
/ 33%
2.16%
/ 5%
✗ NOT HALAL
S&P 32.0%
/ 33%
5.1%
/ 33%
2.4%
/ 33%
2.16%
/ 5%
✓ HALAL
FTSE 87.2%
/ 33%
13.8%
/ 33%
6.5%
/ 50%
2.16%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
32.3
Forward: 46.7
EPS
$2.52
P/B Ratio
-261.0
EV/EBITDA
31.4
EV: $8.9B
Revenue
$901M
Growth: 18.3%
Beta
1.8
High volatility
Current Ratio
0.7

Profitability

Gross Margin 59.9%
Operating Margin 16.0%
Net Margin 28.8%
Return on Assets (ROA) 5.6%

Cash Flow & Balance Sheet

Operating Cash Flow$310M
Free Cash Flow$41M
Total Debt$1.6B
Current Ratio0.7
Total Assets$1.8B

Price & Trading

Last Close$85.62
50-Day MA$64.13
200-Day MA$44.46
Avg Volume3.2M
Beta1.8
52-Week Range
$25.45
$88.84

About DigitalOcean Holdings, Inc. (DOCN)

CEO
Mr. Padmanabhan T. Srinivasan
Employees
1,462
Sector
Technology
Industry
Software - Infrastructure
Country
United States
Exchange
NYSE
Market Cap
$8.5B
Currency
USD

DigitalOcean Holdings, Inc., through its subsidiaries, operates an agentic inference cloud platform in North America, Europe, Asia, and internationally. The company provides AI and Digital Native Enterprises build, run, and scale intelligent applications for growing technology companies. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute, storage, and networking products, including cloud firewalls, managed load balancers, NAT gateways, and virtual private cloud software, as well as IP address management and domain name system management. In addition, the company provides platform-as-a-service (PaaS) and software-as-a-service (SaaS) solutions, such as managed databases; managed Kubernetes and container registry; application platform to build, deploy, and scale applications; Functions, a serverless compute solution; and Uptime for real-time uptime and latency alerts, as well as managed hosting and DigitalOcean Marketplace, a platform where developers can find pre-configured applications and solutions. Further, it offers artificial intelligence (AI)/machine learning (ML) applications comprising GPU droplets; bare metal GPUS, which provides access to a GPU server without any virtualization layer and gives developers with customizable server for their use case; and Jupyter Notebooks that provides cloud workspace and managed interactive development environment for exploring data and training, and building machine learning models. Its customers use its platform in various industry verticals, such as online gaming, fintech, and cybersecurity, as well as for a range of use cases, including building and hosting websites, web and mobile applications development, AI integration, and building AI products and applications. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in Broomfield, Colorado.

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Frequently Asked Questions

Is DigitalOcean Holdings, Inc. (DOCN) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), DigitalOcean Holdings, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is DigitalOcean Holdings, Inc.'s debt ratio?

DigitalOcean Holdings, Inc.'s debt ratio is 32.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 87.2%.

What are DigitalOcean Holdings, Inc.'s key financial metrics?

DigitalOcean Holdings, Inc. has a market capitalization of $8.5B, trailing P/E ratio of 32.3, and revenue of $901M. The company maintains a gross margin of 59.9% and a net margin of 28.8%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.