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DigitalOcean

DigitalOcean

ARPU

$79.2

Q3, 2022

Revenue

$428.6 M

FY, 2021

Market Capitalization

$2.9 B

2023-01-20

DigitalOcean Summary

Company summary

Overview
DigitalOcean is a company that provides software solutions for developers and businesses to deploy and scale applications in the cloud. Its products include droplets, Kubernetes, an open-source container orchestration system for automating software deployment; managed databases, load balancers, block storage, and API. The company also offers website hosting, video streaming hosting, web, mobile apps, and gaming development solutions, big data computing, and other services.
Type
Public
Status
Active
Founded
2012
HQ
New York, NY, US | view all locations
Website
https://www.digitalocean.com
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key people

  • Yancey Spruill

    Yancey Spruill, Chief Executive Officer, Director

  • Adrienne Calderone

    Adrienne Calderone, Chief Accounting Officer

  • Alan Shapiro
  • Rob Bradley

    Rob Bradley, Vice President of Investor Relations

Operating MetricsView all

Annual Recurring Revenue

$641M
40.9%

Q3, 2022

ARPU

$79.2
27.8%

Q3, 2022

Customers

142K
76.3%

Q3, 2022

LocationsView all

3 locations detected

  • New York, NY HQ

    United States

    101 6th Ave

  • Cambridge, MA

    United States

    485 Massachusetts Ave

  • Bengaluru, KA

    India

    43 Residency Rd

DigitalOcean Financials

Summary financials

Revenue (Q3, 2022)
$152.1M
Gross profit (Q3, 2022)
$97.6M
Net income (Q3, 2022)
$10.1M
Cash (Q3, 2022)
$24.1M
EBIT (Q3, 2022)
$9.4M
Enterprise value
$4.4B

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