DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. Its platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and medium size businesses. The company offers infrastructure solutions across compute, storage, and networking, as well as enables developers to extend the native capabilities of its cloud with fully managed application, container, and database offerings. Its users include software engineers, researchers, data scientists, system administrators, students, and hobbyists. The company's customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and others. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York.
Revenue of DigitalOcean Holdings, Inc. (DOCN)
Revenue in 2023 (TTM): $692.88 M
According to DigitalOcean Holdings, Inc.'s latest financial reports the company's current revenue (TTM) is $692.88 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of DigitalOcean Holdings, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $692.88 M | $408.92 M | $174.47 M | $26.78 M | $19.41 M |
| 2022 | $576.32 M | $364.4 M | $86.63 M | $-24,407,000 | $-24,283,000 |
| 2021 | $428.56 M | $257.97 M | $77.35 M | $-18,201,000 | $-19,503,000 |
| 2020 | $318.38 M | $172.85 M | $46.79 M | $-42,657,000 | $-43,568,000 |
| 2019 | $254.82 M | $132.56 M | $32.84 M | $-39,597,000 | $-40,390,000 |
| 2018 | $203.14 M | $106.09 M | $24.5 M | $-34,778,000 | $-35,999,000 |