Applovin (APP) vs DigitalOcean (DOCN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
DigitalOcean (DOCN) has outperformed Applovin (APP) over the past year, gaining 232.4% versus a loss of 55.5%. Over five years, APP leads with a +206.3% price change compared with +42.8% for DOCN. Applovin is the larger company by market cap ($94.50 billion vs $14.97 billion), about 6.3 times the size.
On valuation, Applovin trades at a lower forward P/E (13.4x vs 69.1x for DigitalOcean). Applovin converts more of its revenue into profit, with a net margin of 60.8% versus 28.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | APP | DOCN |
|---|---|---|
| Share price | $281.29 | $127.28 |
| Market cap | $94.50B | $14.97B |
| 1-day change | +0.90% | -2.85% |
| YTD return | -58.25% | +164.51% |
| 1-year return | -55.48% | +232.41% |
| 5-year return | +206.28% | +42.83% |
| P/E ratio (TTM) | 21.42 | 58.65 |
| Forward P/E | 13.41 | 69.11 |
| EPS (TTM) | $13.13 | $2.17 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $5.48B | $901.43M |
| Revenue growth (YoY) | +69.99% | +15.48% |
| Net income (latest FY) | $3.33B | $259.26M |
| Gross margin | 87.86% | 59.86% |
| Operating margin | 75.75% | 17.42% |
| Net margin | 60.83% | 28.76% |
| 52-week high | $738.01 | $187.50 |
| 52-week low | $266.84 | $37.09 |
| Distance from 52-week high | -61.89% | -32.12% |
| Analyst consensus | buy | none |
| Avg. price target upside | +76.23% | +37.65% |
| Average volume | 5.91M | 2.84M |
| Shares outstanding | 305.73M | 117.58M |
| Employees | 876 | 1,462 |
| Sector | Technology | Technology |
| Industry | Computer Software: Programming Data Processing | Computer Software: Programming Data Processing |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Applovin is about 6.3 times larger than DigitalOcean by market value ($94.50B vs $14.97B).
- DOCN has outperformed APP by 287.9 percentage points over the past year.
- DigitalOcean trades at a higher earnings multiple (58.7x vs 21.4x trailing P/E).
- Applovin is more profitable, keeping 60.8 cents of every revenue dollar as net income versus 28.8 cents for DigitalOcean.
- Applovin grew revenue faster in its latest fiscal year (+69.99% vs +15.48%).
About Applovin
APP stock →AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally. It operates through two segments, Advertising and Apps.
Technology · Computer Software: Programming Data Processing · 876 employees
About DigitalOcean
DOCN stock →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.
Technology · Computer Software: Programming Data Processing · 1,462 employees
APP vs DOCN FAQ
Which is bigger, Applovin or DigitalOcean?
Applovin (APP) is larger, with a market capitalization of $94.50B compared with $14.97B for DigitalOcean (DOCN).
Which stock has performed better over the past year, APP or DOCN?
DOCN returned +232.41% over the past 12 months, compared with -55.48% for APP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, APP or DOCN?
APP has the lower trailing P/E at 21.4, versus 58.7 for DOCN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Applovin and DigitalOcean in the same industry?
Yes. Both are classified in the Computer Software: Programming Data Processing industry within the Technology sector.