DOCN Q1 2022 Earnings — DigitalOcean Holdings, Inc. Revenue & Financial Results | Market Cap Arena

DOCNDigitalOcean Holdings, Inc.

$5B

Q1 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$127M+35.9% YoY

Gross Profit

$80M62.9% margin

Operating Income

-$14M-10.7% margin

Net Income

-$19M-14.6% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

+6.4%

Cash Flow

Operating Cash Flow

$30M

Free Cash Flow

$5M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.5B

Stockholders' Equity

$428M

Cash & Equivalents

$465M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$127M	$94M	+35.9%
Gross Profit	$80M	$54M	+48.1%
Operating Income	-$14M	$3M	-517.5%
Net Income	-$19M	-$3M	-456.1%