Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Sales and marketing

General and administrative

Restructuring and other charges

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

DigitalOcean Holdings

DigitalOcean Holdings, Inc. operates as a holding company with interest in providing cloud infrastructure. Its solutions include website hosting, web & mobile apps, video streaming hosting, gaming development, and cloud VPN. The company offers services through its subsidiaries. DigitalOcean Holdings was founded in 2012 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

DigitalOcean reports resilient growth amidst challenges, eyes 2023 opportunities

DigitalOcean navigated challenges in 2022 with revenue growth, improved margins, and adjusted targets for 2025.
Focus on accelerating free cash flow margins in 2023, workforce reduction, and return on invested capital framework.
Guidance for 2023 includes revenue growth, EBITDA margins, and EPS targets, with a strong emphasis on free cash flow margins.
Investments in growth initiatives, cost actions, and organizational efficiencies position DigitalOcean for future success.

DigitalOcean reports robust Q1 growth, eyes AI tools for expansion

DigitalOcean's Q1 2023 showed strong performance and strategic initiatives for growth. Challenges include margin impacts and NDR decline, while opportunities lie in AI tools and post-acquisition improvements. The company remains focused on delivering new offerings and operational enhancements.

DigitalOcean reports strong Q2 earnings, eyes AI/ML growth post-acquisition

DigitalOcean's strong quarter was tempered by challenges in core cloud business growth. Paperspace acquisition to boost AI/ML market presence and drive growth in 2024. Company remains committed to balancing free cash flow generation with growth.

DigitalOcean reports stable Q3 results and eyes diversified growth

DigitalOcean's Q3 2023 Earnings Call showcased solid financial performance, positive customer feedback, and a promising outlook for Q4. The company's focus on diversifying channels, enhancing product offerings, and addressing investor queries positions it well for future growth and market expansion.

DigitalOcean reports robust Q4 earnings, eyes AI/ML for growth

DigitalOcean's Q4 2023 performance was strong, with a focus on efficiency and growth driving revenue and profitability, projecting double-digit growth for 2024.
The company's strengths lie in its strategic focus on AI/ML, customer-centric leadership, and expansion strategies through acquisitions and product mix enhancements.
Challenges include competitive pressures, maintaining financial targets, and balancing investments for growth, while opportunities exist in new customer revenue and product innovation.
Overall, DigitalOcean aims for sustainable growth, leveraging technology advancements, and maintaining a competitive edge in the cloud computing market.

DigitalOcean reports robust Q1 performance, eyes AI growth opportunities

DigitalOcean's Q1 2024 performance reflects strong financials, customer engagement, and innovation pace, positioning the company for future growth.
While facing challenges in customer acquisition and operational efficiency, the company's strengths in financial stability, employee sentiment, and product strategies offer a solid foundation.
Opportunities in portfolio expansion, infrastructure democratization, and AI market growth present avenues for DigitalOcean to enhance its offerings and capture market share.
Balancing challenges with opportunities, DigitalOcean's strategic focus on innovation, customer-centric approach, and financial prudence set the stage for continued success and expansion.

DigitalOcean reports robust Q2 earnings, eyes AI democratization

DigitalOcean Holdings delivered strong financial performance in Q2 2024, with revenue growth, new product releases, and leadership additions.
The company's focus on AI democratization, software differentiation, and customer success highlights strategic priorities for future growth.
Challenges lie in maintaining margins, optimizing data center operations, and balancing growth initiatives with responsible AI strategy.

DigitalOcean reports robust Q3 earnings, eyes growth through innovation

DigitalOcean's Q3 performance reflects strong revenue growth, profitability, and strategic initiatives driving market positioning and customer engagement.
While facing challenges in optimizing margins and accurately reflecting AI revenue, the company is well-positioned to leverage opportunities in product innovation and partnerships.
With increased guidance, positive growth outlook, and a focus on scalability, DigitalOcean is poised for continued success and expansion in the cloud services market.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

DigitalOcean Holdings, Inc. engages in providing cloud infrastructure. It operates through the North America, Europe, Asia, and Other geographical segments. The company was founded in 2012 and is headquartered in New York, NY.

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DigitalOcean stock fell sharply after management reported second-quarter earnings on Thursday, Aug. 3. The company will need to restate recent earnings figures due to an accounting error.

Is DigitalOcean a Bad News Buy Right Now?

DigitalOcean expects growth to slow down dramatically in the third quarter as customers become more cautious. Customers aren't abandoning the platform, but they're optimizing spending and not expanding as much as usual.

The Cloud Computing Slowdown Hits DigitalOcean

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LOS ANGELES, CA / ACCESSWIRE / August 5, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of DigitalOcean Holdings, Inc. ("DigitalOcean" or "the Company") (NYSE: DOCN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against DigitalOcean Holdings, Inc. and Encourages Investors with Losses to Contact the Firm

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of DigitalOcean Holdings, Inc. (NYSE: DOCN) resulting from allegations that DigitalOcean may have issued materially misleading business information to the investing public. SO WHAT: If you purchased DigitalOcean securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency.

ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages DigitalOcean Holdings, Inc. Investors to Inquire About Securities Class Action Investigation – DOCN

DigitalOcean (NYSE: DOCN ) stock isn't doing so hot on Friday following the release of its earnings report for the second quarter of 2023. The first red flag from the company is its lack of earnings per share data.

Why Is DigitalOcean (DOCN) Stock Down 20% Today?

While second-quarter revenue met estimates, cloud firm Digital Ocean said customer spending continues to tighten. Meanwhile, it will restate first-quarter results for accounting errors.

DigitalOcean Cuts Outlook, Plans to Restate Some Results

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for startups and SMBs, today announced results for its second quarter ended June 30, 2023. “We made good progress in the quarter, accelerating our profitability margins towards our long-term targets while delivering solid revenue growth,” said Yancey Spruill, CEO of DigitalOcean. “Our ability to deliver profitable growth regardless of the market growth environment, coupled with our strong balance sheet, enabled us to.

DigitalOcean Announces Second Quarter 2023 Financial Results

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DigitalOcean has maintained double-digit revenue growth since going public in 2021. The company added support for AI with its recent purchase of Paperspace.

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Roblox

Roblox and DigitalOcean are both upgrading their platforms with AI features. Roblox is rolling out generative AI tools for creating games.

Better AI Stock: Roblox vs. DigitalOcean

DigitalOcean offers important cloud computing services to small and mid-sized business customers. Historically, it has been too expensive for those enterprises to develop artificial intelligence applications.

1 Growth Stock Down 63% You'll Wish You'd Bought on the Dip, Thanks to AI

DigitalOcean finally made a move to add GPUs to its cloud infrastructure, but did so via acquisition. Paperspace is a small start-up with minimal revenue, but this purchase was all about DigitalOcean getting its hands on pre-built AI infrastructure.

DigitalOcean Is Betting on AI, Too. Can It Keep Pace With Its Cloud-Titan Peers?

DigitalOcean has taken a roundtrip back to its IPO price. The upstart cloud provider's core growth metrics are all improving.

Could DigitalOcean Become the Next Amazon?

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DigitalOcean will shell out $111 million for GPU cloud computing platform Paperspace. The deal will bring an easy way to train and deploy AI models to DigitalOcean's developer-centric platform.

DigitalOcean Bets $111 Million on AI

DigitalOcean Holdings, Inc. is the only pure-play cloud computing stock in the market today. It competes against juggernauts Amazon Web Services and Microsoft Azure, among others. The company has sustained resilient revenue growth while showing margin expansion.

DigitalOcean: Deep Value Tech Stock, Pure-Play Cloud Computing Provider

DigitalOcean Holdings, Inc. (DOCN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

News for DigitalOcean Holdings Stock (DOCN)