DigitalOcean Holdings, Inc.
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 5, 2025
DOCN$72.48+2.5%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Condensed Consolidated Balance Sheets as of September 30, 2025 and December 31, 2024
PART I - FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
CONDENSED CONSOLIDATED BALANCE SHEETS
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $236,561 | $428,446 |
| Accounts receivable, less allowance for credit losses of $6,434 and $5,940, respectively | 84,379 | 72,486 |
| Prepaid expenses and other current assets | 46,685 | 40,786 |
| Total current assets | 367,625 | 541,718 |
| Property and equipment, net | 520,510 | 432,544 |
| Restricted cash | — | 1,747 |
| Goodwill | 348,674 | 348,674 |
| Intangible assets, net | 104,418 | 117,718 |
| Operating lease right-of-use assets, net | 280,075 | 187,877 |
| Deferred tax assets | 92,040 | 200 |
| Other assets | 12,364 | 8,537 |
| Total assets | $1,725,706 | $1,639,015 |
| Current liabilities: | ||
| Accounts payable | $67,599 | $54,565 |
| Accrued other expenses | 46,595 | 38,156 |
| Deferred revenue | 8,587 | 5,397 |
| Debt, current | 9,500 | — |
| Operating lease liabilities, current | 131,207 | 75,785 |
| Finance lease liabilities and equipment financing obligations, current | 8,234 | 3,550 |
| Other current liabilities | 53,276 | 43,502 |
| Total current liabilities | 324,998 | 220,955 |
| Deferred tax liabilities | 4,496 | 4,123 |
| Debt, long-term | 1,284,315 | 1,485,366 |
| Operating lease liabilities, long-term | 160,243 | 130,431 |
| Finance lease liabilities and equipment financing obligations, long-term | 21,272 | 1,095 |
| Total liabilities | 1,795,324 | 1,841,970 |
| Commitments and Contingencies (Note 7) | ||
| Preferred stock ($0.000025 par value per share; 10,000,000 shares authorized; 0 shares issued and outstanding as of September 30, 2025 and December 31, 2024) | — | — |
| Common stock ($0.000025 par value per share; 750,000,000 shares authorized; 91,466,256 and 92,234,517 issued and outstanding as of September 30, 2025 and December 31, 2024, respectively) | 2 | 2 |
| Additional paid-in capital | 720 | 57,282 |
| Accumulated other comprehensive loss | (943) | (1,497) |
| Accumulated deficit | (69,397) | (258,742) |
| Total stockholders’ deficit | (69,618) | (202,955) |
| Total liabilities and stockholders’ deficit | $1,725,706 | $1,639,015 |
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