DigitalOcean
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 318m | 429m | 576m | 693m | 774m | 875m | 993m |
% growth | 25 % | 35 % | 34 % | 20 % | 12 % | 13 % | 13 % |
EBITDA | 46.8m | 77.4m | 86.6m | 174m | 297m | 339m | 401m |
% EBITDA margin | 15 % | 18 % | 15 % | 25 % | 38 % | 39 % | 40 % |
Profit | (43.6m) | (19.5m) | (24.3m) | 19.4m | 60.0m | 76.9m | 133m |
% profit margin | (14 %) | (5 %) | (4 %) | 3 % | 8 % | 9 % | 13 % |
EV / revenue | - | 19.9x | 5.3x | 6.1x | 5.8x | 5.0x | 4.2x |
EV / EBITDA | - | 110.1x | 35.3x | 24.2x | 15.0x | 12.9x | 10.4x |
R&D budget | 75.0m | 116m | 144m | 140m | - | - | - |
R&D % of revenue | 24 % | 27 % | 25 % | 20 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
$3.2m | Seed | ||
$2.0m | Debt | ||
$37.0m | Series A | ||
$50.0m | Debt | ||
$83.0m | Series B | ||
$130m | Debt | ||
N/A | Secondary | ||
N/A | Late VC | ||
N/A | Late VC | ||
N/A | Secondary | ||
N/A | N/A | - | |
* | N/A | $100m | Debt |
$50.0m Valuation: $1.2b 4.5x EV/LTM Revenues 35.0x EV/LTM EBITDA | Series C | ||
N/A | N/A | - | |
N/A | $775m Valuation: $4.5b 14.1x EV/LTM Revenues 96.2x EV/LTM EBITDA | IPO | |
Total Funding | AUD268m |
Recent News about DigitalOcean
EditDigitalOcean simplifies cloud computing so developers and businesses can spend more time building software that changes the world. With its mission-critical infrastructure and fully managed offerings, DigitalOcean helps developers, startups and small and medium-sized businesses (SMBs) rapidly build, deploy and scale applications to accelerate innovation and increase productivity and agility. DigitalOcean combines the power of simplicity, community, open source, and customer support, so customers can spend less time managing their infrastructure and more time building innovative applications that drive business growth.