DOCN FY 2023 Earnings — DigitalOcean Holdings, Inc. Revenue & Financial Results | Market Cap Arena

DOCNDigitalOcean Holdings, Inc.

$5B

FY 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$693M+20.2% YoY

Gross Profit

$409M59.0% margin

Operating Income

$12M1.7% margin

Net Income

$19M2.8% margin

EPS (Diluted)

$0.20

Cash Flow

Operating Cash Flow

$235M

Free Cash Flow

$110M

Stock-Based Comp.

$88M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$1.8B

Stockholders' Equity

-$314M

Cash & Equivalents

$317M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$693M	$576M	+20.2%
Gross Profit	$409M	$364M	+12.2%
Operating Income	$12M	-$26M	+146.3%
Net Income	$19M	-$28M	+169.8%