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.

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?

Amazon

Microsoft

Amazon is taking a unique direction for providing AI solutions to its clouding customers.

What Amazon, Microsoft, and DigitalOceon Investors Should Know About Recent AI and Cloud Advances

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.

DigitalOcean Holdings, Inc. (DOCN) Surges 13.4%: Is This an Indication of Further Gains?

DigitalOcean (DOCN) expands its artificial intelligence offerings by acquiring Paperspace, a leading provider of cloud infrastructure as a service, for $111 million in cash.

DigitalOcean (DOCN) Expands AI Footprint With Paperspace Buyout

DigitalOcean (NASDAQ: DOCN ) stock rose 13% after it bought cloud provider Paperspace for $111 million in cash. Paperspace is a software company that helps build and deploy artificial intelligence (AI) models.

DOCN Stock: Is DigitalOcean the Next Big AI Stock?

Perion Network

Roblox

AI and, specifically, generative AI are the hottest topics this year. While big-name players like NVIDIA NASDAQ: NVDA, Advanced Micro Devices NASDAQ: AMD, and Microsoft NASDAQ: MSFT will grab most of the spotlight, smaller players are setting up for big gains as well.

Three AI Trades That Could Double This Year

Datadog

In July and August, companies will start reporting their financial results for the second quarter. Some companies have an established track record of beating their forecasts, which makes them an attractive investment.

2 Top Growth Stocks to Buy Hand Over Fist in July

If revenue growth is what you're looking for, this stock has that in abundance.

1 Growth Stock Down 70% You'll Regret Not Buying on the Dip

Genius Sports

Markets fell sharply as investors worried about high interest rates. DigitalOcean made a small acquisition to bolster its AI capabilities.

How These 2 AI-Linked Stocks Soared on a Tough Market Day

DigitalOcean wants to offer more tools for AI and is acquiring a competitor to make it happen. This is the company's second major acquisition in under a year, which presents potential problems for shareholders to monitor.

DigitalOcean Stock Pops After Big Investment in AI

DigitalOcean, the cloud hosting business, today announced that it's agreed to acquire Paperspace, a New York-based cloud computing and AI development startup, for $111 million in cash. For now, Paperspace will remain a standalone business unit within DigitalOcean, and Paperspace customers won't see immediate changes to their service.

DigitalOcean acquires cloud computing startup Paperspace for $111M in cash

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for small and medium-sized businesses (SMBs) and startups, has acquired Paperspace, a leading provider of cloud infrastructure as a service for highly scalable applications leveraging graphics processing units (GPUs). The acquisition and integration of Paperspace's advanced technology into the DigitalOcean platform will extend DigitalOcean's offerings, enabling customers to more easily test, develop and deploy artific.

DigitalOcean Acquires Paperspace to Expand AI Offerings

SentinelOne

These two potential winners are worth less than $5 billion today. SentinelOne leans on AI to deliver a top-notch product in a high-demand industry.

2 Stocks That Are 10 Baggers in the Making, Thanks to AI

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for startups and small-to-medium-sized businesses (SMBs), announced today that it will report financial results for the second quarter ended June 30, 2023, after the market closes on Thursday, August 3, 2023. The company will also hold a conference call on the same day at 4:30 PM ET to discuss its financial results and financial outlook with the investment community. The conference call can be accessed by dialing (88.

DigitalOcean Announces Date of Second Quarter 2023 Earnings Conference Call

Taiwan Semiconductor Manufacturing

Taiwan Semiconductor provides the chips vital for AI computing. Individual developers might try their hand at AI programming, requiring them to turn to DigitalOcean.

2 Stocks to Take Advantage of the AI Revolution

Infosys

Target

June has witnessed its fair share of analyst stock downgrades, leading investors to approach the market cautiously. Investor sentiment can be as unpredictable as the wind, especially in the fast-paced world of Wall Street.

Analyst Stock Downgrades: 3 Stocks Wall Street Is Dissing in June

AAON

Banco Latinoamericano de Comercio Exterior SA

Burford Capital Limited

Copa Hlds

Extreme Networks

First Citizens BancShares

Frontline

International Seaways

Dorian LPG

MercadoLibre

North American Energy Partners

ServiceNow

Splunk

Teekay Tankers

Vista Oil & Gas SAB de CV

Vitesse Energy Inc

Wabash National

ServiceNow, Splunk and airline stock Copa among the top growth stocks eyeing 78%-2,900% earnings growth in their next report.

See 18 Top Growth Stocks Eyeing 78% To 2,900% EPS Gain In Q2

Snowflake

Investors are interested in growth which is why cloud computing stocks will continue to make sense for the long term. Grand View Research expects the cloud computing market to grow at an annual rate of 14.1% between 2023 and 2030.

3 Millionaire-Maker Cloud Computing Stocks to Buy And Hold Forever

Cloudflare

Cloudflare stock has more than recovered from a post-earnings plunge. DigitalOcean stock has rallied this year as growth held up despite a tough economic environment.

2 Skyrocketing Stocks That Could Keep Rallying

Snap

Three years of pandemic and macroeconomic disruptions have led to price distortions in the stock market. Many stocks that surged in 2020 and 2021 ended up crashing in 2022, creating opportunities for investors.

2 Super Stocks Down 67% and 87% You'll Regret Not Buying on the Dip

PayPal

Trade Desk

For many investors in individual stocks, it's been a frustrating run so far in 2023. That's as just a handful of stocks have surged higher, dragging the S&P 500 and Nasdaq higher.

3 Long-Term Growth Stocks With Get-Rich Potential

DigitalOcean's latest results were outstanding, and it is on track to maintain healthy growth over the long run. Its addressable market is expected to grow substantially over the next three years.

This Magnificent Growth Stock Could Jump Another 71%, and It Is a Bargain Right Now

DigitalOcean Holdings, Inc.'s outlook for Q4 2023 points to a substantial ramp in free cash flow margins. The integration of Cloudways has contributed to growth and is expected to generate improved free cash flow. According to my estimates, DigitalOcean stock is priced at 13x.

News for DigitalOcean Holdings Stock (DOCN)