DigitalOcean Operating Metrics

Period Ending	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020
Annual Recurring Revenue	798.00M	781.00M	749.00M	730.00M	713.00M	682.00M	669.10M	658.80M
Annual Recurring Revenue Growth	11.92%	14.52%	11.94%	10.81%	11.23%	25.37%	27.69%	34.45%
Midsize Customers	637.70K	629.00K	617.67K	606.67K	594.67K	582.47K	538.20K	494.20K
Midsize Customers Growth	7.24%	7.99%	14.77%	22.76%	32.32%	44.93%	39.00%	33.60%
Monthly Avg. Revenue Per User	102.51	99.45	95.13	92.63	92.06	90.84	88.35	80.27
Monthly Avg. Revenue Per User Growth	11.35%	9.48%	7.67%	15.40%	16.21%	26.59%	28.23%	21.86%
Net Dollar Retention Rate	97.00%	97.00%	97.00%	96.00%	96.00%	104.00%	107.00%	112.00%
Midsize Customers Revenue Contribution	88.00%	87.00%	87.00%	86.00%	86.00%	86.00%	86.00%	86.00%	-	-	-	-

Operating Expense Breakdown

Period Ending	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022
General and Administrative	171.92M	151.56M	159.58M	162.74M	167.94M	186.72M	176.70M	165.19M
General and Administrative Growth	2.37%	-18.83%	-9.69%	-1.48%	12.75%	36.84%	44.87%	61.01%
Research and Development	136.29M	131.54M	136.06M	140.37M	148.91M	146.53M	144.92M	143.89M
Research and Development Growth	-8.48%	-10.23%	-6.11%	-2.45%	5.86%	4.40%	11.03%	24.38%
Sales and Marketing	77.65M	79.63M	75.60M	72.51M	78.01M	78.09M	80.21M	81.54M
Sales and Marketing Growth	-0.46%	1.97%	-5.75%	-11.08%	8.81%	18.48%	34.80%	60.27%

Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.