DOCN Q1 2021 Earnings — DigitalOcean Holdings, Inc. Revenue & Financial Results | Market Cap Arena

DOCNDigitalOcean Holdings, Inc.

$5B

Q1 2021 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$94M+28.7% YoY

Gross Profit

$54M57.8% margin

Operating Income

$3M3.5% margin

Net Income

-$3M-3.6% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+7.0%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

-$4M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$893M

Total Liabilities

$48M

Stockholders' Equity

$845M

Cash & Equivalents

$560M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$94M	$73M	+28.7%
Gross Profit	$54M	$38M	+42.0%
Operating Income	$3M	-$12M	+126.1%
Net Income	-$3M	-$17M	+80.3%