DigitalOcean Holdings
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. DigitalOcean Holdings's past years’ income statements indicate that its last revenue has increased compared to the previous period by 20% to $692,884,000. The net income raised on $19,409,000 and profit margin reached 3%. Total operating expenses were $397,021,000.
Profit Margin
| 2018 | 203.13M | -35.99M | -17.72% |
|---|---|---|---|
| 2019 | 254.82M | -40.39M | -15.85% |
| 2020 | 318.38M | -43.56M | -13.68% |
| 2021 | 428.56M | -19.50M | -4.55% |
| 2022 | 576.32M | -24.28M | -4.21% |
| 2023 | 692.88M | 19.40M | 2.8% |
DOCN Income Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Revenue | ||||||
Revenue | 692.88M | 576.32M | 428.56M | 318.38M | 254.82M | 203.13M |
Cost of revenue | 283.96M | 211.92M | 170.59M | 145.53M | 122.25M | 97.04M |
Gross profit | 408.91M | 364.39M | 257.96M | 172.84M | 132.56M | 106.09M |
Operating exp. | ||||||
Research and development | 140.36M | 143.88M | 115.68M | 74.97M | 59.97M | 44.93M |
Selling and marketing | 73.02M | 81.54M | 50.87M | 33.47M | 31.34M | 29.44M |
Total operating expenses | 397.02M | 390.61M | 269.15M | 188.63M | 162.46M | 133.38M |
Operating income | 11.89M | -15.60M | -11.02M | -28.78M | -30.24M | -27.29M |
Other income (expenses), net | 14.88M | -8.80M | -7.17M | -26.86M | -9.35M | -1.17M |
Income before tax | 26.77M | -24.40M | -18.20M | -42.65M | -39.59M | -34.77M |
Income tax expense | 7.36M | -124K | 1.30M | 911K | 793K | 1.22M |
Net income | 19.40M | -24.28M | -19.50M | -43.56M | -40.39M | -35.99M |
Earnings per share | ||||||
Basic EPS | 0.22 | -0.24 | -0.18 | -0.41 | -0.38 | -0.41 |
Diluted EPS | 0.2 | -0.24 | -0.18 | -0.41 | -0.38 | -0.41 |
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