DOCN Q4 2023 Earnings — DigitalOcean Holdings, Inc. Revenue & Financial Results | Market Cap Arena

DOCNDigitalOcean Holdings, Inc.

$5B

Q4 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$181M+11.0% YoY

Gross Profit

$106M58.9% margin

Operating Income

$11M6.1% margin

Net Income

$16M8.8% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

+2.2%

Cash Flow

Operating Cash Flow

$81M

Free Cash Flow

$27M

Stock-Based Comp.

$23M

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	$181M	$163M	+11.0%
Gross Profit	$106M	$100M	+6.9%
Operating Income	$11M	-$15M	+172.8%
Net Income	$16M	-$10M	+258.3%