DigitalOcean Holdings, Inc. (DOCN)

DigitalOcean Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	832.81	780.62	692.88	576.32	428.56	318.38
Revenue Growth (YoY)	13.29%	12.66%	20.23%	34.48%	34.61%	24.94%
Cost of Revenue	329.78	314.67	295.39	211.93	170.6	145.53
Gross Profit	503.04	465.94	397.5	364.4	257.97	172.85
Selling, General & Admin	212.75	219.78	193.89	229.85	153	113.67
Research & Development	155.01	141.68	136.92	143.89	115.68	74.97
Operating Expenses	367.76	361.46	330.81	373.74	268.68	188.64
Operating Income	135.28	104.48	66.69	-9.34	-10.72	-15.79
Interest Expense	-16.52	-16.68	-16.47	-15.88	-3.74	-13.61
Interest & Investment Income	16.33	19.88	23.77	11.88	0.12	0.01
Currency Exchange Gain (Loss)	3.5	3.5	7.59	6.22	-0.52	-0.18
Other Non Operating Income (Expenses)	6.45	-	-	-	0.56	-12.83
EBT Excluding Unusual Items	145.04	111.18	81.57	-7.12	-14.3	-42.4
Merger & Restructuring Charges	-4.42	-12.66	-54.8	-14.88	-0.47	-
Asset Writedown	-0.46	-0.82	-	-1.47	-	-
Other Unusual Items	-0.27	-	-	-0.41	-3.44	-0.26
Pretax Income	142.46	97.7	26.78	-23.89	-18.2	-42.66
Income Tax Expense	16.02	13.21	7.37	3.92	1.3	0.91
Net Income	126.45	84.49	19.41	-27.8	-19.5	-43.57
Net Income to Common	126.45	84.49	19.41	-27.8	-19.5	-43.57
Net Income Growth	84.89%	335.32%	-	-	-	-
Shares Outstanding (Basic)	92	92	90	101	93	42
Shares Outstanding (Diluted)	98	95	96	101	93	42
Shares Change (YoY)	1.03%	-1.98%	-4.36%	8.13%	123.78%	9.62%
EPS (Basic)	1.38	0.92	0.22	-0.28	-0.21	-1.05
EPS (Diluted)	1.32	0.89	0.20	-0.28	-0.21	-1.05
EPS Growth	87.43%	345.00%	-	-	-	-
Free Cash Flow	103.44	104.56	115.64	88.76	36.04	-39.9
Free Cash Flow Per Share	1.05	1.11	1.20	0.88	0.39	-0.96
Gross Margin	60.40%	59.69%	57.37%	63.23%	60.19%	54.29%
Operating Margin	16.24%	13.38%	9.63%	-1.62%	-2.50%	-4.96%
Profit Margin	15.18%	10.82%	2.80%	-4.82%	-4.55%	-13.68%
Free Cash Flow Margin	12.42%	13.39%	16.69%	15.40%	8.41%	-12.53%
EBITDA	254.02	226.61	176.12	80.77	64.23	46.53
EBITDA Margin	30.50%	29.03%	25.42%	14.02%	14.99%	14.61%
D&A For EBITDA	118.75	122.13	109.43	90.12	74.95	62.32
EBIT	135.28	104.48	66.69	-9.34	-10.72	-15.79
EBIT Margin	16.24%	13.38%	9.63%	-1.62%	-2.50%	-4.96%
Effective Tax Rate	11.24%	13.52%	27.51%	-	-	-
Advertising Expenses	-	9.96	7.86	19.91	-	6.33

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q