DigitalOcean Gross Profit from 2010 to 2024

DOCN Stock  USD 37.53  0.49  1.29%   
DigitalOcean Holdings Gross Profit yearly trend continues to be very stable with very little volatility. Gross Profit is likely to drop to about 264.5 M. Gross Profit is the profit DigitalOcean Holdings makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2017-12-31
Previous Quarter
117.3 M
Current Value
119.4 M
Quarterly Volatility
33.2 M
 
Covid
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.
  
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.

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.
ViewLast Reported 364.39 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

DigitalOcean Gross Profit Regression Statistics

Arithmetic Mean170,403,093
Geometric Mean149,016,610
Coefficient Of Variation60.68
Mean Deviation82,216,124
Median106,094,000
Standard Deviation103,407,620
Sample Variance10693.1T
Range302.8M
R-Value0.78
Mean Square Error4431.5T
R-Squared0.62
Significance0.0005
Slope18,135,885
Total Sum of Squares149703.9T

DigitalOcean Gross Profit History

2024264.5 M
2023408.9 M
2022364.4 M
2021258 M
2020172.8 M
2019132.6 M

Other Fundumenentals of DigitalOcean Holdings

DigitalOcean Holdings Gross Profit component correlations

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0.460.52-0.91-0.56-0.85-0.91-0.760.21-0.92-0.8-0.84-0.91-0.86-0.72-0.92-0.87-0.44-0.9-0.860.850.81-0.850.81
0.20.52-0.28-0.14-0.34-0.32-0.240.32-0.36-0.31-0.3-0.42-0.31-0.23-0.47-0.37-0.05-0.42-0.330.320.67-0.680.67
-0.37-0.91-0.280.680.950.990.870.00.930.780.940.880.960.840.940.960.60.950.94-0.9-0.540.71-0.54
0.35-0.56-0.140.680.810.710.940.670.630.250.860.450.820.970.650.80.990.520.47-0.41-0.230.2-0.23
-0.17-0.85-0.340.950.810.950.950.180.850.670.990.810.990.930.881.00.740.920.88-0.83-0.490.67-0.49
-0.29-0.91-0.320.990.710.950.880.060.920.710.940.830.960.850.970.950.630.930.9-0.85-0.510.7-0.51
0.03-0.76-0.240.870.940.950.880.410.830.550.980.720.961.00.810.950.890.770.73-0.69-0.420.44-0.42
0.870.210.320.00.670.180.060.41-0.09-0.490.25-0.330.170.470.00.160.78-0.19-0.240.320.49-0.510.49
-0.47-0.92-0.360.930.630.850.920.83-0.090.850.880.920.910.790.90.870.520.860.88-0.9-0.660.63-0.66
-0.82-0.8-0.310.780.250.670.710.55-0.490.850.660.960.720.480.660.690.110.840.9-0.96-0.70.7-0.7
-0.13-0.84-0.30.940.860.990.940.980.250.880.660.811.00.960.870.990.80.880.85-0.8-0.490.58-0.49
-0.66-0.91-0.420.880.450.810.830.72-0.330.920.960.810.850.660.780.840.320.910.93-0.97-0.780.78-0.78
-0.21-0.86-0.310.960.820.990.960.960.170.910.721.00.850.940.890.990.740.910.89-0.85-0.510.62-0.51
0.11-0.72-0.230.840.970.930.851.00.470.790.480.960.660.940.780.930.920.720.68-0.63-0.380.4-0.38
-0.28-0.92-0.470.940.650.880.970.810.00.90.660.870.780.890.780.890.570.890.84-0.78-0.560.73-0.56
-0.19-0.87-0.370.960.81.00.950.950.160.870.690.990.840.990.930.890.730.920.88-0.84-0.540.68-0.54
0.47-0.44-0.050.60.990.740.630.890.780.520.110.80.320.740.920.570.730.430.37-0.3-0.080.08-0.08
-0.5-0.9-0.420.950.520.920.930.77-0.190.860.840.880.910.910.720.890.920.430.98-0.95-0.60.84-0.6
-0.6-0.86-0.330.940.470.880.90.73-0.240.880.90.850.930.890.680.840.880.370.98-0.98-0.560.77-0.56
0.680.850.32-0.9-0.41-0.83-0.85-0.690.32-0.9-0.96-0.8-0.97-0.85-0.63-0.78-0.84-0.3-0.95-0.980.63-0.750.63
0.540.810.67-0.54-0.23-0.49-0.51-0.420.49-0.66-0.7-0.49-0.78-0.51-0.38-0.56-0.54-0.08-0.6-0.560.63-0.81.0
-0.56-0.85-0.680.710.20.670.70.44-0.510.630.70.580.780.620.40.730.680.080.840.77-0.75-0.8-0.8
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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 ReportedProjected for Next Year
Gross Profit408.9 M264.5 M
Gross Profit Margin 0.59  0.46 
When determining whether DigitalOcean Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DigitalOcean Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Digitalocean Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digitalocean Holdings Stock:
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.