DOCN Q2 2022 Earnings — DigitalOcean Holdings, Inc. Revenue & Financial Results | Market Cap Arena

DOCNDigitalOcean Holdings, Inc.

$5B

Q2 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$134M+29.0% YoY

Gross Profit

$86M64.3% margin

Operating Income

-$8M-5.9% margin

Net Income

-$7M-5.0% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+5.1%

Cash Flow

Operating Cash Flow

$46M

Free Cash Flow

$13M

Stock-Based Comp.

$28M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.5B

Stockholders' Equity

$48M

Cash & Equivalents

$72M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$134M	$104M	+29.0%
Gross Profit	$86M	$61M	+41.9%
Operating Income	-$8M	-$3M	-202.1%
Net Income	-$7M	-$2M	-209.1%