DigitalOcean Holdings Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $901.4M | $780.6M | $692.9M | $576.3M | $428.6M | $318.4M | $254.8M |
| Cost of Revenue | — | $361.8M | $314.7M | $295.4M | $211.9M | $170.6M | $145.5M | $122.3M |
| Gross Profit | — | $539.6M | $465.9M | $397.5M | $364.4M | $258.0M | $172.8M | $132.6M |
| Gross Margin | — | 59.9% | 59.7% | 57.4% | 63.2% | 60.2% | 54.3% | 52.0% |
| Operating Expenses | ||||||||
| Research & Development | — | $161.6M | $142.5M | $136.9M | $143.9M | $115.7M | $75.0M | $60.0M |
| SG&A Expense | — | $138.5M | $160.9M | $162.7M | $165.2M | $102.6M | $80.2M | $71.2M |
| Operating Income | — | $157.0M | $91.0M | $11.9M | $-25.7M | $-11.2M | $-15.8M | $-29.9M |
| Operating Margin | — | 17.4% | 11.7% | 1.7% | -4.5% | -2.6% | -5.0% | -11.7% |
| Interest Expense | — | $9.2M | $508.0K | $8.9M | $8.4M | $3.7M | $13.6M | $9.4M |
| Pretax Income | — | $206.7M | $97.7M | $26.8M | $-23.9M | $-18.2M | $-42.7M | $-39.6M |
| Income Tax Expense | — | $-52.6M | $13.2M | $7.4M | $3.9M | $1.3M | $911.0K | $793.0K |
| Net Income | — | $259.3M | $84.5M | $19.4M | $-27.8M | $-19.5M | $-43.6M | $-40.4M |
| Net Margin | — | 28.8% | 10.8% | 2.8% | -4.8% | -4.6% | -13.7% | -15.9% |
| EPS (Basic) | — | $2.83 | $0.92 | $0.22 | $-0.28 | $-0.21 | $-0.53 | $-0.53 |
| EPS (Diluted) | — | $2.52 | $0.89 | $0.20 | $-0.28 | $-0.21 | $-0.53 | $-0.53 |
| Shares Outstanding (Basic) | 92.0M | 91.5M | 91.6M | 90.1M | 100.8M | 93.2M | 83.3M | 76.0M |
| Shares Outstanding (Diluted) | 92.0M | 105.3M | 94.5M | 96.4M | 100.8M | 93.2M | 83.3M | 76.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |