DigitalOcean (DOCN) vs Zoom Communications (ZM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
DigitalOcean (DOCN) has outperformed Zoom Communications (ZM) over the past year, gaining 232.4% versus a gain of 19.2%. Over five years, DOCN leads with a +42.8% price change compared with -64.4% for ZM. Zoom Communications is the larger company by market cap ($27.29 billion vs $14.87 billion), about 1.8 times the size, while DigitalOcean is growing revenue faster (+15.5% vs +4.4%).
On valuation, Zoom Communications trades at a lower forward P/E (14.7x vs 68.7x for DigitalOcean). Zoom Communications converts more of its revenue into profit, with a net margin of 39.0% 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 | DOCN | ZM |
|---|---|---|
| Share price | $126.45 | $93.52 |
| Market cap | $14.87B | $27.29B |
| 1-day change | -0.65% | -1.32% |
| YTD return | +164.51% | +9.83% |
| 1-year return | +232.41% | +19.22% |
| 5-year return | +42.83% | -64.41% |
| P/E ratio (TTM) | 58.27 | 8.62 |
| Forward P/E | 68.66 | 14.75 |
| EPS (TTM) | $2.17 | $10.85 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $901.43M | $4.87B |
| Revenue growth (YoY) | +15.48% | +4.36% |
| Net income (latest FY) | $259.26M | $1.90B |
| Gross margin | 59.86% | 77.02% |
| Operating margin | 17.42% | 23.08% |
| Net margin | 28.76% | 39.03% |
| 52-week high | $187.50 | $114.74 |
| 52-week low | $37.09 | $70.70 |
| Distance from 52-week high | -32.56% | -18.49% |
| Analyst consensus | none | buy |
| Avg. price target upside | +38.55% | +26.43% |
| Average volume | 2.82M | 3.09M |
| Shares outstanding | 117.58M | 263.23M |
| Employees | 1,462 | 7,438 |
| 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
- DOCN has outperformed ZM by 213.2 percentage points over the past year.
- DigitalOcean trades at a higher earnings multiple (58.3x vs 8.6x trailing P/E).
- Zoom Communications is more profitable, keeping 39.0 cents of every revenue dollar as net income versus 28.8 cents for DigitalOcean.
- DigitalOcean grew revenue faster in its latest fiscal year (+15.48% vs +4.36%).
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
About Zoom Communications
ZM stock →Zoom Communications, Inc. provides an Artificial Intelligence-first open work platform for human connection in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.
Technology · Computer Software: Programming Data Processing · 7,438 employees
DOCN vs ZM FAQ
Which is bigger, DigitalOcean or Zoom Communications?
Zoom Communications (ZM) is larger, with a market capitalization of $27.29B compared with $14.87B for DigitalOcean (DOCN).
Which stock has performed better over the past year, DOCN or ZM?
DOCN returned +232.41% over the past 12 months, compared with +19.22% for ZM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DOCN or ZM?
ZM has the lower trailing P/E at 8.6, versus 58.3 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 DigitalOcean and Zoom Communications in the same industry?
Yes. Both are classified in the Computer Software: Programming Data Processing industry within the Technology sector.