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

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

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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.

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

Disney

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.

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

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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.

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NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing technology businesses, today announced the next evolution of App Platform, a fully managed platform-as-a-service (PAAS) solution designed to streamline the entire application lifecycle. With enhanced value, autoscaling capabilities, and a revamped experience, App Platform is better enabling customers to build, deploy, and scale their apps, without the complexity of managin.

DigitalOcean Reimagines App Platform, Paving the Way for Effortless Application Development and Scaling

DigitalOcean's AI-focused cloud computing offerings are gaining traction. The company's growth is expected to accelerate over the next couple of years.

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The cloud is where the majority of artificial intelligence (AI) development is happening right now. Giants like Amazon, Microsoft, and Alphabet dominate the cloud computing industry.

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The cloud company currently trades at valuations that aren't so lofty. That's the take of one analyst, who recently raised his price target on the shares.

Is DigitalOcean Stock Going to $42? 1 Wall Street Analyst Thinks So.

DigitalOcean reported revenue of $185 million, a 12% increase year-over-year and well above the top end of management's guidance range. The company's non-GAAP diluted net income per share was $0.43, also outpacing guidance.

DigitalOcean: AI Fuels an Earnings Surge

DigitalOcean Holdings, Inc. (NYSE:DOCN ) Q1 2024 Earnings Call Transcript May 10, 2024 8:00 AM ET Company Participants Rob Bradley - VP of IR Paddy Srinivasan - CEO Matt Steinfort - CFO Conference Call Participants Raimo Lenschow - Barclays Pinjalim Bora - JPMorgan Kingsley Crane - Canaccord Josh Baer - Morgan Stanley Tim Horan - Oppenheimer Mike Cikos - Needham James Fish - Piper Sandler Operator Thank you for standing by and welcome to the DigitalOcean First Quarter 2024 earnings conference call. All lines have been placed on mute to prevent any background noise.

DigitalOcean Holdings, Inc. (DOCN) Q1 2024 Earnings Call Transcript

Although the revenue and EPS for DigitalOcean (DOCN) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

DigitalOcean (DOCN) Reports Q1 Earnings: What Key Metrics Have to Say

Amazon

Microsoft

For the full-year, the company expects revenue of $760 to $775 million, narrowing the lower end of the range from $755 million.

DigitalOcean Stock Rises After Earnings. It's a Different Cloud Play From Microsoft, Amazon.

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing technology businesses, today announced results for its first quarter ended March 31, 2024. “The first quarter was a strong start to the year as we position the company to be the leading cloud and AI platform for growing technology businesses,” said Paddy Srinivasan, CEO of DigitalOcean. “Our results demonstrate the solid performance of our core cloud and the exciting poten.

DigitalOcean Announces First Quarter 2024 Financial Results

DigitalOcean's (DOCN) first-quarter 2024 performance is likely to reflect benefits from a robust product portfolio and strong demand for its cloud services.

DigitalOcean (DOCN) to Post Q1 Earnings: What's in Store?

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DigitalOcean (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 (DOCN) Moves 8.1% Higher: Will This Strength Last?

Amazon just reported results for its cloud segment, which were better than expected. Investors hope the same will be true for DigitalOcean.

Why DigitalOcean Stock Jumped Today

Agiliti Inc

NEW YORK, April 30, 2024 /PRNewswire/ -- DigitalOcean Holdings Inc. (NYSE: DOCN) will replace Agiliti Inc. (NYSE: AGTI) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, May 7. Thomas H. Lee Partners L.P. is acquiring Agiliti in a deal expected to be completed on or about that date pending final conditions.

DigitalOcean Holdings Set to Join S&P SmallCap 600

Analysts on Wall Street expect robust earnings from this small-cap stock.

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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 first quarter ended March 31, 2024 before the market opens on Friday, May 10, 2024. 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 (.

DigitalOcean Announces Date of First Quarter 2024 Earnings Conference Call

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The S&P 500 index entered April at an all-time high. Many individual stocks continue to trade below their best-ever levels.

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DigitalOcean has a new CEO with a software development background, and it already has a small AI training business to build on. The stock hasn't been great, but perhaps that could change in the next couple of years.

1 Small Cloud Stock Gearing Up for a New Round of Innovation -- Time to Buy?

Amazon's AWS represents a major source of profitability and long-term growth potential given the market it plays in. DigitalOcean is less than 1% of the size of AWS, but is pursuing the same massive opportunity.

News for DigitalOcean Holdings Stock (DOCN)