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.

Cloud service provider DigitalOcean's top and bottom lines both continued to grow last quarter. Moreover, revenue and earnings are likely to continue growing regardless of the environment.

Why DigitalOcean Stock Is Catching a Big Bullish Wave Today

DigitalOcean Holdings, Inc. (NYSE:DOCN ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Melanie Strate - Head of IR Paddy Srinivasan - CEO Matt Steinfort - CFO Conference Call Participants Gabriela Borges - Goldman Sachs Raimo Lenschow - Barclays Kingsley Crane - Canaccord Genuity Patrick Walravens - JMP Securities Mike Cikos - Needham Pinjalim Bora - JPMorgan Operator Thank you for standing by, and welcome to the DigitalOcean Second Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.

DigitalOcean Holdings, Inc. (DOCN) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for DigitalOcean (DOCN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

DigitalOcean (DOCN) Reports Q2 Earnings: What Key Metrics Have to Say

DigitalOcean Holdings, Inc. (DOCN) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.44 per share a year ago.

DigitalOcean Holdings, Inc. (DOCN) Beats Q2 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing technology businesses, today announced results for its second quarter ended June 30, 2024. “We have delivered another strong quarter of business results and exciting product announcements. In Q2 we saw revenue growth continue to re-accelerate at 13%, with AI/ML continuing to accelerate with ARR up over 200% year-over-year, and expanded our leadership team by adding a Chief.

DigitalOcean Announces Second Quarter 2024 Financial Results

DigitalOcean's (DOCN) second-quarter 2024 performance is likely to reflect the benefits of a robust product portfolio and the strong demand for its AI platform and cloud-based services.

DigitalOcean (DOCN) to Post Q2 Earnings: What's in Store?

Beyond analysts' top -and-bottom-line estimates for DigitalOcean (DOCN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.

Insights Into DigitalOcean (DOCN) Q2: Wall Street Projections for Key Metrics

DigitalOcean (DOCN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

DigitalOcean Holdings, Inc. (DOCN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

CrowdStrike

monday.com

Cloudflare

Snowflake

Zoom Video

Following a recent, widely-reported cloud computing outage incident, you may be wondering what cloud stocks to sell. Besides the company in question behind the outage, there are other cloud stocks where exiting your position is likely the best move.

7 Cloud Stocks to Sell Before You Regret It

Elastic N.V

Five9

Stride

PagerDuty

Pure Storage

Verint Systems

Let's face it – the main reason why you're considering tech stocks that are poised to benefit from groundbreaking developments is high growth potential. Sure, you can always buy large-capitalization enterprises.

7 Tech Stocks on the Cusp of Groundbreaking Developments

C3.ai

Super Micro Computer

Semtech

Veeco Instruments

Subscribers to  Chart of the Week  received this commentary on Sunday, July 21.

Short Squeeze Candidates Amid Tech Fire Sale

In the dynamic world of cloud computing, shifts in market dynamics can happen faster than a flash of lightning. Despite the sector's explosive growth over recent years, not all cloud companies are primed to keep soaring.

Get Your Money Out of These 3 Cloud Computing Stocks Before the End of July

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, is pleased to announce the appointment of Larry D'Angelo as its new Chief Revenue Officer, effective today. In this role, D'Angelo will drive DigitalOcean's new business growth via direct sales and channel partnerships, customer success, customer support, and corporate communications. “Larry is a seasoned operator with rich experience scaling businesses.

DigitalOcean Hires Larry D'Angelo as Chief Revenue Officer

DigitalOcean (DOCN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will DigitalOcean (DOCN) Beat Estimates Again in Its Next Earnings Report?

DigitalOcean's revenue has fallen short of expectations, but investors are holding out hope, in large part due to the promise of AI. The company's margins are pretty good right now, but they could come down as it invests in AI infrastructure.

Where Will DigitalOcean Stock Be in 5 Years?

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, announced today that it will report financial results for the second quarter ended June 30, 2024 after the market closes on Thursday, August 8, 2024. The company will also hold a conference call on the same day at 2:00 p.m. (PT) / 5:00 p.m. (ET) to discuss its financial results and financial outlook with the investment community. Investors and analysts.

DigitalOcean Announces Date of Second Quarter 2024 Earnings Conference Call

Disney

DigitalOcean is experiencing sluggish growth, but its impressive free cash flow generation and massive market opportunity are reasons to buy the stock. Disney has a complex turnaround in the works, and there are multiple signs of progress.

2 Beaten-Down Stocks to Buy Right Now

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing technology businesses, announced today that Wade Wegner joined the company as Chief Ecosystem and Growth Officer. This unique and critical position bridges the gap between research and development and go-to-market strategy. In this executive role, Wegner will oversee Developer Relations, Marketing, Growth, and Partnerships. “Wade is a transformative technology leader who b.

DigitalOcean Hires Wade Wegner as Chief Ecosystem and Growth Officer

This enterprise services company caters to small businesses with innovative solutions.

1 Ridiculously Cheap Growth Stock Down 74% to Buy Hand Over Fist

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing technology businesses, today announced Bratin Saha has joined the company as its Chief Product and Technology Officer (CPTO). In this new executive role, Saha will lead product strategy, development, infrastructure, and security with a focus on making DOCN the best cloud for developers and growing technology businesses. Saha joins from Amazon Web Services (AWS), where he s.

DigitalOcean Appoints Bratin Saha as Chief Product and Technology Officer

LinkDaddy - a US company specializing in backlink SEO services for businesses - announces an expansion of its partnership with DigitalOcean. Miami, Florida--(Newsfile Corp. - June 5, 2024) - The latest move empowers LinkDaddy to provide enhanced Cloud Authority backlinks for its client base.

LinkDaddy Announces Partnership With DigitalOcean For Cloud Authority Backlinks

DigitalOcean and Disney are well off their all-time highs. DigitalOcean's growth has slowed, but high-value services should reaccelerate it in the years ahead.

2 Stocks to Buy Before They Take Off

Zscaler

Zscaler leads in zero-trust cybersecurity. DigitalOcean carved out a niche in cloud computing despite its well-funded competition.

2 Millionaire-Maker Artificial Intelligence (AI) Stocks to Buy Now

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing technology businesses, today announced it will hold its next Deploy virtual conference on July 9, 2024, starting at 11 a.m. EST. This free event will bring together developers, startups, and founders, empowering businesses to build disruptive cloud applications and jumpstart the next wave of AI development. At Deploy, attendees can expect sessions tailored to helping busin.

DigitalOcean Invites Developers, Startups, and Founders to Attend its Next Deploy Virtual Conference

The sell-off offers long-term investors an attractive entry into this exciting growth stock.

News for DigitalOcean Holdings Stock (DOCN)