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DigitalOcean Balance Sheet Statement

Assets, liabilities, and shareholders' equity

DigitalOcean holds $2.6B in total assets. Shareholders' equity is $887.4M against $1.3B in total debt. Cash and equivalents total $741.5M. The current ratio is 1.46 and debt-to-equity is 1.46. Based on the Q1 2026 filing.

Total Assets$2.6BTotal Stockholders Equity$887.4MLong Term Debt$608.5MCash And Equivalents$741.5MTotal Current Assets$944.3MTotal Current Liabilities$647.0M
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$18.2B
P/E Ratio77.01
ROE70.0%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$54.6M$9.4M$31.3M$67.6M$38.8M$31.9M
Accrued compensation$2.9M———$2.6M$5.3M
Accrued expenses$16.9M$47.6M$48.9M$53.3M$17.5M$18.5M
Other Commercial Liabilities$38.2M$42.8M$34.8M$46.6M$42.7M$56.5M
Accrued Liabilities, Current$38.2M$42.8M$34.8M$46.6M$42.7M$56.5M
Other accrued liabilities$43.5M$47.6M$48.9M$53.3M$67.5M$72.1M
Current portion of long-term debt$0——$9.5M$325.1M$311.3M
Deferred revenue$5.4M$5.6M$11.3M$8.6M$5.9M$6.3M
Finance Lease Liability, Current$3.6M——$8.2M$31.4M$59.1M
Finance Lease Liability Payment Due$4.9M———$148.3M—
Finance Lease Liability - Undiscounted Excess Amount$276K———$17.8M—
Operating Lease Liability Payments - 2024 (Lessee)$53.8M———$85.2M—
Operating Lease Liability Payments - 2025 (Lessee)$19.2M———$25M—
Lease Liability Payments - Due Year Two$849K———$37.8M—
Lease Liability Payments - Due Year Three$43.1M———$35.3M—
Lease Liability Payments - Remainder of Fiscal Year$72.9M———$119.2M—
Operating lease liabilities, current$75.8M$92.9M$98.2M$131.2M$108M$109.8M
Operating Lease Liability Payments Due$217.6M———$302.4M—
Operating Lease Liability - Undiscounted Excess Amount$11.4M———$27.5M—
Sales taxes payable$39.8M———$57.5M—
Total current liabilities$221M$198.3M$224.5M$325M$619.5M$647M

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$72.5M$76.6M$81.3M$84.4M$90.9M$105.5M
Allowance for Doubtful Accounts$5.9M$6.1M$6.1M$6.4M$6.4M$6M
Allowance for Doubtful Accounts Receivable (Current)$5.9M$6.1M$6.1M$6.4M$6.4M$6M
Cash and cash equivalents$430.2M$362.2M$389.5M$236.6M$254.6M$741.5M
Prepaid expenses and other current assets$40.8M$42.2M$40.8M$46.7M$81.6M$97.5M
Restricted cash$1.7M$1.7M$1.7M$0$158K$157K
Total current assets$541.7M$479.2M$509.8M$367.6M$427M$944.3M

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$57.3M$11M$8.9M$720K$16M$916.9M
Accumulated other comprehensive income (loss)-$1.5M-$1.2M-$591K-$943K-$960K-$1.6M
Common stock750M750M750M750M750M750M
Common Stock Par Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Issued92.2M91.2M91.1M91.5M91.9M104.3M
Convertible Preferred Stock Authorized Shares10M10M10M10M10M10M
Convertible Preferred Stock Issued Shares000000
Convertible Preferred Stock Outstanding Shares000000
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$2K$2K$2K$2K$2K$2K
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0$0$0$0$0$0
Preferred stock$0$0$0$0$0$0
Preferred Stock Par Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Retained earnings-$258.7M-$220.5M-$183.5M-$69.4M-$43.7M-$28M
Total liabilities and stockholders' equity$1.6B$1.6B$1.7B$1.7B$1.8B$2.6B
Total stockholders' equity-$203M-$210.7M-$175.2M-$69.6M-$28.7M$887.4M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated Amortization on Capitalized Software$77.3M$79.6M$81.7M$83.8M$86.9M$90.4M
Deferred Tax Assets and Other Non-Current Assets$2.6M$8.8M$15M$12.4M$2.4M$11.4M
Deferred Tax Assets - Tax Credit Carryforwards$17.8M———$6.5M—
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)$9.2M———$3.9M—
Finite-Lived Intangible Assets - Expected Amortization Expense (Year Five)$2.5M———$1.6M—
Goodwill$348.7M$348.7M$348.7M$348.7M$348.7M$350.7M
Indefinite-Lived Intangible Assets$44.8M———$46.7M—
Indefinite-Lived Intangible Assets, Gross$44.8M———$46.7M—
Indefinite-Lived Research and Development Assets$44.7M———$34.5M—
Indefinite-Lived Trademarks$44.8M———$46.7M—
Intangible Assets Gross (Excluding Goodwill)$166.6M———$168.5M—
Intangible assets, net$72.9M$113.5M$109.3M$104.4M$99.5M$97.7M
Net Investment in Lease$187.9M$243.3M$269.1M$280.1M$270.9M$328.5M
Net Operating Loss Carryforwards$17.8M———$6.5M—
Deferred tax assets$200K$541K$586K$92M$90.3M$83.8M
Intangible assets — net$72.9M———$52.8M—
Other intangible assets—net$117.7M$113.5M$109.3M$104.4M$99.5M$97.7M
Operating lease right-of-use assets$187.9M$243.3M$269.1M$280.1M$270.9M$328.5M
Other non-current assets$8.5M$8.8M$15M$12.4M$12.1M$11.4M
Property, plant and equipment at cost$949.6M$987.5M$1B$1.1B$1.2B$1.4B
Operating lease right-of-use assets$0.1$243.3M$269.1M$280.1M$270.9M$328.5M
Operating Lease Right-of-Use Assets in Other Assets$187.9M$243.3M$269.1M$280.1M$270.9M$328.5M
Other non-current assets$8.5M$8.8M$15M$12.4M$12.1M$11.4M
Accumulated depreciation$439.7M$462M$474.2M$500.6M$524.8M$560.5M
Property and equipment, net$432.5M$445.9M$465.5M$520.5M$589.1M$753.9M
Software and Technology Licenses, Net$8.5M$8.8M$15M$12.4M$12.1M$11.4M
Tax Credit Carryforward Valuation Allowance$109.5M———$0—
Total assets$1.6B$1.6B$1.7B$1.7B$1.8B$2.6B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cumulative Cost Basis$949.6M$987.5M$1B$1.1B$1.2B$1.4B
Accrued bonuses$14.6M———$18.8M$7.8M
Accrued capital expenditures$3.8M———$3.7M$25M
Excise taxes related to repurchase of common stock$0———$79K—
Accounts Receivable, Allowance for Credit Loss$5.9M$6.1M$6.1M$6.4M$6.4M$6M
Allowance for doubtful accounts$5.9M$6.1M$6.1M$6.4M$6.4M$6M
Common stock, par value (in dollars per share)$0$0$0$0$0$0
Common stock, shares authorized (in shares)$750M$750M$750M$750M$750M$750M
Common stock, shares issued (in shares)$92.2M$91.2M$91.1M$91.5M$91.9M$104.3M
Common Stock, Shares, Outstanding$92.2M$91.2M$91.1M$91.5M$91.9M$104.3M
Long-term debt, gross$1.5B——$1.3B$1.3B$937.3M
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net$14.6M——$23.5M$21.6M$17.6M
Deferred Tax Liabilities, Gross$28.9M———$61.6M—
Deferred income taxes$4.1M$4.5M$4.6M$4.5M$4.1M$4M
Deferred Tax Assets, Capped Call$0———$17.4M—
Depreciation and amortization$18.5M———$10.8M—
Deferred Tax Assets, Gross$134.5M———$147.8M—
Deferred Tax Assets, Net————$86.2M—
Deferred Tax Assets, Net of Valuation Allowance$25M———$147.8M—
Operating lease liability$32.4M———$62.7M—
Deferred Tax Assets, Operating Loss Carryforwards$11.5M———$7M—
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-Based Compensation Cost$3.4M———$3.4M—
Accrued expenses$2.4M———$1.8M—
Deferred Tax Assets, Valuation Allowance$109.5M———$0—
Deferred Tax Liabilities, Net$3.9M—————
Finance lease liabilities and equipment financing obligations, long-term$1.1M——$21.3M$99.1M$208.2M
Current maturities of long-term debt$3.6M——$8.2M$31.4M$59.1M
Finance Lease Liability Payments Due$4.9M———$148.3M—
2027$3.8M———$39.2M—
Finance Lease Liability Payments Due Year Four$48K———$33.7M—
Finance Lease Liability Payments Due Year Three$254K———$37.6M—
Finance Lease Liability Payments Due Year Two$849K———$37.8M—
Finance Lease Liability Undiscounted Excess Amount$276K———$17.8M—
Finite-Lived Intangible Assets, Accumulated Amortization$48.9M———$69M—
2028$19.7M———$17.6M—
2030$9.2M———$3.9M—
2031$3.9M———$950K—
2027$20M———$19.7M—
2029$17.6M———$9.2M—
Finite Lived Intangible Assets Amortization Expense After Year Five$2.5M———$1.6M—
Trademarks$44.8M———$46.7M—
Indefinite- lived intangible impairment$166.6M———$168.5M—
Finance leases———6.6%——
Lessee Operating Lease Liability Payments Due$217.6M———$302.4M—
Lessee Operating Lease Liability Undiscounted Excess Amount$11.4M———$27.5M—
Letters of credit, number remaining1.00———0.00—
2028————$19M—
2029————$19M—
2029————$933.8M—
2030————$19M—
2027————$326.6M—
Long-Lived Assets$620.4M$689.2M$734.7M$800.6M$859.9M$1.1B
Operating Lease Weighted Average Discount Rate Percent$0.1———$0.1—
Other current liabilities$3.2M———$9.1M—
Preferred Stock, Par or Stated Value Per Share$0$0$0$0$0$0
Preferred Stock, Shares Authorized$10M$10M$10M$10M$10M$10M
Preferred Stock, Shares Issued$0$0$0$0$0$0
Preferred Stock, Shares Outstanding$0$0$0$0$0$0
Prepaid rent$3M———$26.1M—
Purchase Obligation$18.7M———$41M—
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied$11.6M$13.5M$53.4M$47.4M$134.1M$243.1M
Unrecognized tax benefits$22.4M———$26.8M—
Amount that if recognized, would affect the effective tax rate or regulatory liability$14.2M———$17.6M—
Unrecorded Unconditional Purchase Obligation$88.8M$28.1M$3.2M$84.6M$599.4M$668.4M
Purchase Obligation$18.7M———$41M—
Unrecorded Unconditional Purchase Obligation$88.8M$28.1M$3.2M$84.6M$599.4M$668.4M
Weighted-Average Discount Rate8.0%———7.0%—
Weighted-Average Discount Rate - Finance Leases$0.1———$0.1—

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Debt Maturity - 2025$1.8M———$622K—
Debt Maturity - 2027$4.7M———$20.2M—
Debt - Unamortized Discount (Premium) and Issuance Costs, Net$14.6M—$5.1M$2M$21.6M$17.6M
Deferred tax liabilities$28.9M———$61.6M—
Deferred Tax Liabilities - Leasing Arrangements$28.9M———$61.6M—
Finance lease liabilities$4.6M——$11.8M$99.1M—
Finance Lease Liabilities (Total)$4.6M——$11.8M$130.5M—
Operating Lease Liability Payments - 2026 (Lessee)$43.1M———$35.3M—
Operating Lease Liability Payments - 2027 (Lessee)$10.5M———$20.2M—
Operating Lease Liability Payments - 2028 (Lessee)$19.2M———$25M—
Operating Lease Liability Payments - 2029 (Lessee)$10.5M———$20.2M—
Lease Liability Payments - Due After Year Five$0———$17.5M—
Operating Lease Liability Payments - Thereafter (Lessee)$18.1M———$17.5M—
Long-term debt$1.5B$1.5B$1.5B$1.3B$970.7M$608.5M
Operating lease liabilities, non-current$130.4M$161.7M$176.2M$160.2M$166.9M$211.3M
Operating Lease Liabilities (Total)$206.2M———$274.9M—
Other non-current liabilities$0$714K$554K—$6.2M$4.1M
Total Carrying Value of Debt$1.5B——$1.3B$1.3B$937.3M
Total liabilities$1.8B$1.9B$1.9B$1.8B$1.9B$1.7B
Unrecognized Tax Benefits$22.4M———$26.8M—
Unrecognized Tax Benefits - Impacting Effective Tax Rate$14.2M———$17.6M—