DigitalOcean Income Before Tax from 2010 to 2024

DOCN Stock  USD 39.60  0.73  1.88%   
DigitalOcean Holdings Income Before Tax yearly trend continues to be very stable with very little volatility. Income Before Tax is likely to grow to about 28.1 M this year. During the period from 2010 to 2024, DigitalOcean Holdings Income Before Tax quarterly data regression pattern had range of 70.8 M and standard deviation of  22,247,956. View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
26.8 M
Current Value
28.1 M
Quarterly Volatility
22.2 M
 
Credit Downgrade
 
Yuan Drop
 
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' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of DigitalOcean Holdings over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on DigitalOcean Holdings income statement and is an important metric when analyzing DigitalOcean Holdings profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is DigitalOcean Holdings' Income Before Tax 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.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

DigitalOcean Income Before Tax Regression Statistics

Arithmetic Mean(25,531,547)
Coefficient Of Variation(87.14)
Mean Deviation15,254,532
Median(34,778,000)
Standard Deviation22,247,956
Sample Variance495T
Range70.8M
R-Value0.64
Mean Square Error313.2T
R-Squared0.41
Significance0.01
Slope3,194,506
Total Sum of Squares6929.6T

DigitalOcean Income Before Tax History

202428.1 M
202326.8 M
2022-24.4 M
2021-18.2 M
2020-42.7 M
2019-39.6 M

About DigitalOcean Holdings Financial Statements

DigitalOcean Holdings investors utilize fundamental indicators, such as Income Before Tax, 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
Income Before Tax26.8 M28.1 M
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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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.