DigitalOcean Holdings, Inc.

DOCN · NYSE
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$780,615$692,884$576,322$428,561
% Growth12.7%20.2%34.5%
Cost of Goods Sold$314,672$283,967$211,927$170,595
Gross Profit$465,943$408,917$364,395$257,966
% Margin59.7%59%63.2%60.2%
R&D Expenses$142,499$140,365$143,885$115,684
G&A Expenses$160,867$162,742$165,185$102,590
SG&A Expenses$232,437$235,769$246,207$153,468
Sales & Mktg Exp.$71,570$73,027$81,022$50,878
Other Operating Expenses$0$20,887$0$0
Operating Expenses$374,936$397,021$390,092$269,152
Operating Income$91,007$11,896-$25,697-$11,186
% Margin11.7%1.7%-4.5%-2.6%
Other Income/Exp. Net$6,692$14,880$1,812-$7,015
Pre-Tax Income$97,699$26,776-$23,885-$18,201
Tax Expense$13,207$7,367$3,919$1,302
Net Income$84,492$19,409-$27,804-$19,503
% Margin10.8%2.8%-4.8%-4.6%
EPS0.920.22-0.24-0.18
% Growth318.2%191.7%-33.3%
EPS Diluted0.890.2-0.24-0.18
Weighted Avg Shares Out91,63490,141100,806107,208
Weighted Avg Shares Out Dil94,50396,415100,806107,208
Supplemental Information
Interest Income$15,805$23,825$10,615$164
Interest Expense$9,113$8,945$8,396$3,744
Depreciation & Amortization$130,052$117,866$102,232$88,372
EBITDA$236,864$153,587$86,743$73,915
% Margin30.3%22.2%15.1%17.2%