DigitalOcean Holdings, Inc.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $192.5M | $184.7M | $180.9M | $177.1M | $169.8M | $165.1M | $163.0M | $152.1M |
| Cost of Revenue | $78.3M | $75.6M | $77.6M | $73.2M | $70.0M | $74.5M | $60.2M | $56.7M |
| Gross Profit | $114.1M | $109.1M | $103.3M | $103.8M | $99.8M | $90.6M | $102.8M | $95.4M |
| Gross Margin | 59.3% | 59.1% | 57.1% | 58.6% | 58.8% | 54.9% | 63.1% | 62.7% |
| Operating Expenses | ||||||||
| Research & Development | $33.0M | $32.9M | $30.0M | $31.7M | $37.7M | $37.5M | $39.4M | $30.2M |
| SG&A Expense | $40.8M | $45.8M | $44.9M | $20.1M | $48.9M | $48.9M | $50.1M | $38.8M |
| Operating Income | $22.3M | $11.5M | $11.0M | $35.5M | $-1.5M | $-33.1M | $-11.4M | $7.2M |
| Operating Margin | 11.6% | 6.2% | 6.1% | 20.0% | -0.9% | -20.0% | -7.0% | 4.7% |
| Interest Expense | — | $2.3M | $2.3M | $2.3M | $2.1M | $2.2M | $2.1M | $2.1M |
| Pretax Income | $24.8M | $14.3M | $13.5M | $37.1M | $4.0M | $-27.9M | $-9.1M | $8.3M |
| Income Tax Expense | $5.7M | $116.0K | $-2.4M | $17.9M | $3.3M | $-11.5M | $1.3M | $442.0K |
| Net Income | $19.1M | $14.1M | $15.9M | $19.2M | $665.0K | $-16.4M | $-10.1M | $7.9M |
| Net Margin | 9.9% | 7.7% | 8.8% | 10.8% | 0.4% | -9.9% | -6.2% | 5.2% |
| EPS (Basic) | $0.21 | $0.16 | $0.18 | $0.22 | $0.01 | $-0.17 | $-0.12 | $0.04 |
| EPS (Diluted) | $0.20 | $0.15 | $0.17 | $0.20 | $0.01 | $-0.17 | $-0.12 | $0.04 |
| Shares Outstanding (Basic) | 91.3M | 90.8M | 87.9M | 87.7M | 89.0M | 95.6M | 100.8M | 193.1M |
| Shares Outstanding (Diluted) | 93.8M | 93.8M | 92.0M | 102.7M | 96.2M | 95.6M | 100.8M | 209.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |