DigitalOcean Holdings Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $259.3M | $84.5M | $19.4M | $-27.8M | $-19.5M | $-43.6M | $-40.4M |
| Depreciation & Amortization | $137.4M | $130.1M | $117.9M | $102.2M | $88.4M | $75.6M | $63.1M |
| Depreciation | $107.3M | $99.7M | $90.5M | $83.8M | $74.3M | $62.0M | $53.7M |
| Amortization | $20.1M | $22.4M | $19.0M | $6.3M | $645.0K | $329.0K | — |
| Stock-Based Compensation | $80.3M | $90.5M | $88.3M | $105.8M | $61.6M | $29.5M | $18.6M |
| Net Cash from Operating Activities | $309.6M | $282.7M | $234.9M | $195.2M | $133.1M | $58.5M | $39.9M |
| Investing Activities | |||||||
| Capital Expenditures | $129.1M | $178.2M | $119.3M | $106.4M | $97.1M | $98.4M | $53.5M |
| Business Acquisitions | — | $0 | $99.0M | $305.2M | $5.0M | $0 | $2.9M |
| Net Cash from Investing Activities | $-268.3M | $-94.8M | $401.2M | $-1.15B | $-113.6M | $-115.6M | $-87.4M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | $82.1M | $59.8M | $488.5M | $600.0M | $350.0M | $0 | $0 |
| Net Cash from Financing Activities | $-216.9M | $-76.4M | $-468.9M | $-610.4M | $1.59B | $124.0M | $49.8M |
| Net Change in Cash | $-175.6M | $111.2M | $167.2M | $-1.56B | $1.61B | $66.7M | $2.3M |
| Free Cash Flow | $180.5M | $104.6M | $115.6M | $88.8M | $36.0M | $-39.9M | $-13.6M |