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Operating Expense Breakdown
Details core costs like R&D, marketing, and admin, offering insight into how efficiently DigitalOcean operates and where it’s prioritizing investment.R&D has become the clear priority, accelerating to support the AI-native stack and product launches, while Sales & Marketing recently ticked up to commercialize those wins—indicative of a shift from infrastructure build toward monetization. G&A has normalized after past volatility and is now being supported by a stronger balance sheet following the equity raise and debt paydown. Management’s raised guidance and high margins validate the investment stance, but higher capex per MW and ~ $100M start‑up costs make near‑term free‑cash‑flow lumpy until new capacity ramps.
Date | Sales and Marketing | Research and Development | General and Administrative |
|---|---|---|---|
Jun 30, 2026 | $22.57M | $57.52M | $45.21M |
Mar 31, 2026 | $21.67M | $48.83M | $37.64M |
Dec 31, 2025 | $22.52M | $44.26M | $36.69M |
Sep 30, 2025 | $21.23M | $38.12M | $32.65M |
Jun 30, 2025 | $19.29M | $39.64M | $36.39M |
Mar 31, 2025 | $19.40M | $39.59M | $32.81M |
Dec 31, 2024 | $19.41M | $40.31M | $33.83M |
Sep 30, 2024 | $15.26M | $36.28M | $40.42M |
Jun 30, 2024 | $20.13M | $34.04M | $40.84M |
Mar 31, 2024 | $20.80M | $33.97M | $45.77M |