DigitalOcean Holdings, Inc.
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $19.1M | $14.1M | $15.9M | $19.2M | $665.0K | $-16.4M | $-10.1M | $7.9M |
| Depreciation & Amortization | $33.1M | $31.9M | $30.8M | $30.6M | $27.6M | $28.9M | $28.3M | $25.6M |
| Depreciation | $26.0M | $24.6M | $23.5M | $22.9M | $21.7M | $22.4M | $21.8M | $21.0M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $21.8M | $22.9M | $22.8M | $-2.4M | $36.4M | $31.5M | $28.1M | $23.6M |
| Net Cash from Operating Activities | $71.3M | $66.7M | $80.5M | $54.1M | $64.2M | $36.2M | $62.8M | $55.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $31.9M | $43.7M | $52.2M | $20.2M | $23.5M | $23.3M | $26.7M | $31.0M |
| Business Acquisitions | — | — | — | — | — | — | $7.0K | $299.8M |
| Net Cash from Investing Activities | $-34.4M | $46.4M | $152.9M | $4.6M | $135.8M | $108.0M | $53.5M | $-41.9M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $9.4M | $8.8M | $13.5M | $106.0M | $103.0M | $265.9M | $0 | $50.0M |
| Net Cash from Financing Activities | $-12.9M | $-11.2M | $4.4M | $-108.4M | $-100.8M | $-264.2M | $178.0K | $-52.8M |
| Net Change in Cash | $24.0M | $101.8M | $237.9M | $-49.8M | $99.2M | $-120.1M | $116.7M | $-39.0M |
| Free Cash Flow | $39.5M | $23.0M | $28.3M | $33.8M | $40.6M | $12.9M | $36.1M | $24.9M |