DigitalOcean Holdings (DOCN) Income Statement: Revenue & Earnings

DigitalOcean Holdings Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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DigitalOcean Holdings, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	780.62	692.88	576.32	428.56	318.38
Cost of Revenue	314.67	295.39	211.93	170.60	145.53
Gross Profit	465.94	397.50	364.40	257.97	172.85
Operating Expenses
Research & Development	142.50	136.92	143.89	115.68	74.97
Selling, General & Administrative	232.44	193.89	229.85	153.47	113.67
Operating Expenses	374.94	330.81	373.74	269.15	188.64
Operating Income	91.01	66.69	-9.34	-11.19	-15.79
Other Income/Expense
Interest Income	15.81	23.77	11.88	0.12	0.01
Interest Expense	9.11	-16.47	-15.88	-3.74	-13.61
Other Income/Expense	6.69	-23.83	-0.41	3.27	-12.83
Income
Income Before Tax	97.70	26.78	-23.89	-18.20	-42.66
Income Tax Expense	13.21	7.37	3.92	1.30	0.91
Net Income	84.49	19.41	-27.80	-19.50	-43.57
Net Income - Continuous Operations	84.49	19.41	-27.80	-19.50	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	236.86	176.12	80.77	73.92	46.53
EBIT	98.24	66.69	-9.34	-14.46	-15.79
Depreciation & Amortization	130.05	109.43	90.12	74.28	62.32
Earnings Per Share
Basic EPS	1.00	-	-	-	-1.00
Diluted EPS	1.00	-	-	-	-1.00
Basic Shares Outstanding	91.63	90.14	100.81	93.22	41.66
Diluted Shares Outstanding	94.50	96.42	100.81	93.22	41.66