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 is a fairly recent IPO, which has not seen its valuation spike to unreasonable levels. The company was identified by well known short seller, Andrew Left, as the next Shopify.

Digital Ocean-Come On In, The Water's Fine

This little-known cloud computing name is helping create a seachange for small businesses.

3 Reasons DigitalOcean Could Turn Into a Top Cloud Computing Platform

DigitalOcean Holdings, Inc. (DOCN) CEO Yancey Spruill on Q2 2021 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for developers, startups and SMBs, today announced results for its second quarter ended June 30, 2021. “We had an outstanding second quarter with strong revenue growth acceleration and continued improvement in our capital efficiency,” said Yancey Spruill, CEO of DigitalOcean. “We are excited about the progress we have made in leveraging simplicity across our business to better serve our customers and believe we have

DigitalOcean Announces Second Quarter 2021 Financial Results

Investors were reacting to a positive analyst note about the company.

Why DigitalOcean Holdings Stock Jumped Today

DigitalCoean is a public central cloud provider offering a solution designed specifically for small to medium-sized businesses (SMB) that are taking business from the cloud titans. The company is near 30% revenue growth with adj EBITDA margins above 30%, already.

DigitalOcean Is An Underappreciated Growth Story

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for developers, startups and SMBs, announced today that it will report financial results for the second quarter ended June 30, 2021 before the market opens on Thursday, August 5, 2021. The company will also hold a conference call on the same day at 8:00 AM ET to discuss its financial results and financial outlook with the investment community. The conference call can be accessed by dialing (833) 282-0024 from the Uni

DigitalOcean Announces Date of Second Quarter 2021 Earnings Conference Call

The small cloud infrastructure provider isn't trying to be the next AWS.

Here's How DigitalOcean Stands Out

MongoDB

DigitalOcean Managed MongoDB service makes it simpler for organizations to consume a database-as-a-service offering.

DigitalOcean aligns with MongoDB for managed database service

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for developers, startups and SMBs, today announced DigitalOcean Managed MongoDB, a new, fully-managed database as a service (DBaaS) offering in partnership with MongoDB, Inc. (NASDAQ: MDB), the leading, modern general purpose database platform. Launched at DigitalOcean's virtual conference, deploy, Managed MongoDB helps developers of all skill levels easily spin up MongoDB clusters on DigitalOcean. It also simplifies

DigitalOcean Launches Managed MongoDB

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for developers, startups and small-to-medium sized businesses, today announced that it will host deploy, a virtual conference for builders—developers, entrepreneurs and businesses—on June 29 starting at 9:00 a.m. EDT. The event, focused on the theme “Power Your Business,” will enable startups and small and medium-sized businesses (SMBs) to learn how to effectively build and scale their software applications in the cl

DigitalOcean to Host deploy Conference for Developers and Startups

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for developers, startups and SMBs, today announced it has been named to Inc. Magazine's annual list of the Best Workplaces for 2021. The accolade is a reflection of DigitalOcean's workplace culture and values, which are based in community, simplicity, respect, accountability, and love. DigitalOcean was one of 429 companies honored out of thousands of submissions. Each nominated company took part in an employee survey

Inc. Magazine Recognizes DigitalOcean's Commitment to Creating Community in the Workplace

DigitalOcean Holdings, Inc. (DOCN) CEO Yancey Spruill on Q1 2021 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for developers, startups and SMBs, today announced results for its first quarter ended March 31, 2021. “We are pleased that in our first quarter as a public company, we delivered faster revenue growth, higher adjusted EBITDA margin and made a substantial improvement in our capital efficiency,” said Yancey Spruill, CEO of DigitalOcean. “Our initial public offering was an exciting milestone for DigitalOcean and now we

DigitalOcean Announces First Quarter 2021 Financial Results

DigitalOcean has emailed customers warning of a data breach involving customers' billing data, TechCrunch has learned. The cloud infrastructure giant told customers in an email on Wednesday, obtained by TechCrunch, that it has “confirmed an unauthorized exposure of details associated with the billing profile on your DigitalOcean account.

DigitalOcean says customer billing data ‘exposed' by a security flaw

The cloud-based services provider landed at least a half-dozen Buy or Overweight ratings as well as a Hold rating and an Equal Weight rating.

Digital Ocean Shares Sink as Analysts Pick Up Coverage

When a startup competes with some of the biggest companies on the planet, that startup had better have an offer that customers cannot refuse.

DigitalOcean May Be a ‘Rule of 50' Company Says Analyst

NEW YORK--(BUSINESS WIRE)--DigitalOcean (NYSE: DOCN), the cloud for developers, startups and SMBs, announced today that it will report financial results for the first quarter ended March 31, 2021 before the market opens on Thursday, May 6, 2021. The company will also hold a conference call on the same day at 8:00 AM ET to discuss its financial results and financial outlook with the investment community. The conference call can be accessed by dialing (833) 282-0024 from the United States or (236

DigitalOcean Announces Date of First Quarter 2021 Earnings Conference Call

DigitalOcean seems like a decent play on the rise of cloud computing for SMEs. I like the very steady growth, break-even being achieved already and relatively reasonable forward sales multiples.

DigitalOcean: Sentiment Victim

The DigitalOcean IPO has been one that has gotten off to a rocky start, as investors appear willing to wait to see how DOCN stock performs. The post DigitalOcean IPO: 10 Things to Know as DOCN Stock Starts Trading appeared first on InvestorPlace.

DigitalOcean IPO: 10 Things to Know as DOCN Stock Starts Trading

ACV Auctions

Wholesale car auction site ACV Auctions and cloud computing firm DigitalOcean are scheduled to make their debuts Wednesday. Leonardo DRS, however, postponed its IPO.

2 Stocks Make Their Trading Debut Today. What Investors Need to Know.

DigitalOcean delivered 25% growth in 2020, but the company has not built up a large cache of revenue for services it will provide to customers in the future.

Small cloud provider DigitalOcean starts trading on NYSE

DigitalOcean Holdings Inc. started its public life under water, as the cloud computing company's stock opened 11.7% below its initial public offering price. The stock's first trade was at $41.50 at 12:40 p.m.

DigitalOcean's stock opens 12% below IPO price, then extends losses

DigitalOcean Holdings Inc. said its initial public offering priced at $47 a share late Tuesday, the high end of its proposed price range, with the New York-based cloud computing company offering 16.5 million shares to raise $775.5 million at a valuation of $4.95 billion. The stock will start trading later Wednesday on the New York Stock Exchange, under the ticker "DOCN.

DigitalOcean IPO prices at $47 a share, high end of range

NEW YORK--(BUSINESS WIRE)--DigitalOcean, the cloud for developers, startups and SMBs, today announced the pricing of its initial public offering of 16,500,000 shares of common stock at a price to the public of $47.00 per share. The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol “DOCN” on March 24, 2021, and the offering is expected to close on March 26, 2021, subject to customary closing conditions. Morgan Stanley, Goldman Sachs & Co. LLC and J.P

News for DigitalOcean Holdings Stock (DOCN)