DigitalOcean Holdings Inc
NYSE:DOCN
Income Statement
Earnings Waterfall
DigitalOcean Holdings Inc
Revenue
|
692.9m
USD
|
Cost of Revenue
|
-284m
USD
|
Gross Profit
|
408.9m
USD
|
Operating Expenses
|
-376.1m
USD
|
Operating Income
|
32.8m
USD
|
Other Expenses
|
-13.4m
USD
|
Net Income
|
19.4m
USD
|
Income Statement
DigitalOcean Holdings Inc
Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||
Revenue |
255
N/A
|
269
+6%
|
284
+6%
|
300
+6%
|
318
+6%
|
339
+7%
|
366
+8%
|
396
+8%
|
429
+8%
|
462
+8%
|
492
+7%
|
533
+8%
|
576
+8%
|
614
+7%
|
650
+6%
|
675
+4%
|
693
+3%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(122)
|
(129)
|
(134)
|
(140)
|
(146)
|
(150)
|
(158)
|
(165)
|
(171)
|
(178)
|
(183)
|
(194)
|
(212)
|
(238)
|
(257)
|
(273)
|
(284)
|
|
Gross Profit |
133
N/A
|
141
+6%
|
151
+7%
|
160
+6%
|
173
+8%
|
189
+9%
|
208
+10%
|
232
+11%
|
258
+11%
|
284
+10%
|
309
+9%
|
339
+10%
|
364
+7%
|
377
+3%
|
393
+4%
|
402
+2%
|
409
+2%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(162)
|
(174)
|
(175)
|
(184)
|
(189)
|
(189)
|
(212)
|
(231)
|
(269)
|
(312)
|
(343)
|
(361)
|
(391)
|
(402)
|
(412)
|
(395)
|
(376)
|
|
Selling, General & Administrative |
(103)
|
(108)
|
(109)
|
(114)
|
(114)
|
(111)
|
(122)
|
(131)
|
(154)
|
(182)
|
(203)
|
(221)
|
(247)
|
(258)
|
(265)
|
(247)
|
(236)
|
|
Research & Development |
(60)
|
(66)
|
(67)
|
(70)
|
(75)
|
(78)
|
(90)
|
(100)
|
(116)
|
(130)
|
(140)
|
(141)
|
(144)
|
(145)
|
(147)
|
(149)
|
(140)
|
|
Operating Income |
(30)
N/A
|
(33)
-10%
|
(25)
+25%
|
(24)
+4%
|
(16)
+33%
|
0
N/A
|
(4)
N/A
|
1
N/A
|
(11)
N/A
|
(28)
-150%
|
(33)
-19%
|
(22)
+33%
|
(26)
-18%
|
(26)
+2%
|
(19)
+26%
|
7
N/A
|
33
+395%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
(9)
|
0
|
0
|
0
|
(14)
|
(16)
|
(16)
|
(16)
|
(4)
|
(4)
|
(6)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(0)
|
(4)
|
(4)
|
(4)
|
(3)
|
(0)
|
(0)
|
(0)
|
(0)
|
(21)
|
(21)
|
(21)
|
(21)
|
|
Total Other Income |
(0)
|
(12)
|
(14)
|
(14)
|
(13)
|
(9)
|
(5)
|
(1)
|
0
|
1
|
3
|
6
|
11
|
17
|
23
|
23
|
24
|
|
Pre-Tax Income |
(40)
N/A
|
(44)
-12%
|
(38)
+14%
|
(38)
+0%
|
(43)
-12%
|
(29)
+33%
|
(29)
-1%
|
(21)
+29%
|
(18)
+13%
|
(31)
-71%
|
(36)
-17%
|
(24)
+34%
|
(24)
-3%
|
(38)
-56%
|
(26)
+31%
|
0
N/A
|
27
+6 368%
|
|
Net Income | ||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(4)
|
(3)
|
(3)
|
0
|
15
|
11
|
(7)
|
(7)
|
|
Income from Continuing Operations |
(40)
|
(46)
|
(40)
|
(39)
|
(44)
|
(30)
|
(30)
|
(21)
|
(20)
|
(35)
|
(39)
|
(27)
|
(24)
|
(23)
|
(16)
|
(7)
|
19
|
|
Net Income (Common) |
(40)
N/A
|
(46)
-13%
|
(40)
+13%
|
(39)
+1%
|
(44)
-11%
|
(30)
+31%
|
(30)
+1%
|
(21)
+28%
|
(20)
+8%
|
(35)
-78%
|
(39)
-13%
|
(27)
+30%
|
(24)
+11%
|
(23)
+5%
|
(16)
+32%
|
(7)
+58%
|
19
N/A
|
|
EPS (Diluted) |
-0.45
N/A
|
-0.52
-16%
|
-0.45
+13%
|
-0.45
N/A
|
-0.49
-9%
|
-0.28
+43%
|
-0.27
+4%
|
-0.19
+30%
|
-0.21
-11%
|
-0.32
-52%
|
-0.37
-16%
|
-0.25
+32%
|
-0.24
+4%
|
-0.25
-4%
|
-0.17
+32%
|
-0.08
+53%
|
0.2
N/A
|