DigitalOcean Gross Profit from 2010 to 2024
DOCN Stock | USD 37.53 0.49 1.29% |
Gross Profit | First Reported 2017-12-31 | Previous Quarter 117.3 M | Current Value 119.4 M | Quarterly Volatility 33.2 M |
Check DigitalOcean Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DigitalOcean Holdings' main balance sheet or income statement drivers, such as Tax Provision of 7.7 M, Net Interest Income of 15.6 M or Depreciation And Amortization of 91.5 M, as well as many indicators such as Price To Sales Ratio of 4.53, Dividend Yield of 0.0 or Days Sales Outstanding of 25.6. DigitalOcean financial statements analysis is a perfect complement when working with DigitalOcean Holdings Valuation or Volatility modules.
DigitalOcean | Gross Profit |
Latest DigitalOcean Holdings' Gross Profit Growth Pattern
Below is the plot of the Gross Profit of DigitalOcean Holdings over the last few years. Gross profit is a required income statement account that reflects total revenue of DigitalOcean Holdings minus its cost of goods sold. It is profit before DigitalOcean Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. DigitalOcean Holdings' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DigitalOcean Holdings' overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 364.39 M | 10 Years Trend |
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Gross Profit |
Timeline |
DigitalOcean Gross Profit Regression Statistics
Arithmetic Mean | 170,403,093 | |
Geometric Mean | 149,016,610 | |
Coefficient Of Variation | 60.68 | |
Mean Deviation | 82,216,124 | |
Median | 106,094,000 | |
Standard Deviation | 103,407,620 | |
Sample Variance | 10693.1T | |
Range | 302.8M | |
R-Value | 0.78 | |
Mean Square Error | 4431.5T | |
R-Squared | 0.62 | |
Significance | 0.0005 | |
Slope | 18,135,885 | |
Total Sum of Squares | 149703.9T |
DigitalOcean Gross Profit History
Other Fundumenentals of DigitalOcean Holdings
DigitalOcean Holdings Gross Profit component correlations
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About DigitalOcean Holdings Financial Statements
DigitalOcean Holdings investors utilize fundamental indicators, such as Gross Profit, to predict how DigitalOcean Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Gross Profit | 408.9 M | 264.5 M | |
Gross Profit Margin | 0.59 | 0.46 |
Check out the analysis of DigitalOcean Holdings Correlation against competitors. To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DigitalOcean Holdings. If investors know DigitalOcean will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DigitalOcean Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.65 | Earnings Share 0.86 | Revenue Per Share 8.348 | Quarterly Revenue Growth 0.121 | Return On Assets 0.0438 |
The market value of DigitalOcean Holdings is measured differently than its book value, which is the value of DigitalOcean that is recorded on the company's balance sheet. Investors also form their own opinion of DigitalOcean Holdings' value that differs from its market value or its book value, called intrinsic value, which is DigitalOcean Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DigitalOcean Holdings' market value can be influenced by many factors that don't directly affect DigitalOcean Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DigitalOcean Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DigitalOcean Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DigitalOcean Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.