DigitalOcean Historical Income Statement

DOCN Stock  USD 39.26  1.18  3.10%   
Historical analysis of DigitalOcean Holdings income statement accounts such as Depreciation And Amortization of 91.5 M or Interest Expense of 9.2 M can show how well DigitalOcean Holdings performed in making a profits. Evaluating DigitalOcean Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of DigitalOcean Holdings's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining DigitalOcean Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether DigitalOcean Holdings is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DigitalOcean Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.

About DigitalOcean Income Statement Analysis

DigitalOcean Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to DigitalOcean Holdings shareholders. The income statement also shows DigitalOcean investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

DigitalOcean Holdings Income Statement Chart

At this time, DigitalOcean Holdings' EBITDA is very stable compared to the past year. As of the 2nd of December 2024, Income Before Tax is likely to grow to about 28.1 M, while Depreciation And Amortization is likely to drop about 91.5 M.

Total Revenue

Total revenue comprises all receipts DigitalOcean Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from DigitalOcean Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into DigitalOcean Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DigitalOcean Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.At this time, DigitalOcean Holdings' EBITDA is very stable compared to the past year. As of the 2nd of December 2024, Income Before Tax is likely to grow to about 28.1 M, while Depreciation And Amortization is likely to drop about 91.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense3.7M8.4M8.9M9.2M
Depreciation And Amortization88.4M102.2M117.9M91.5M

DigitalOcean Holdings income statement Correlations

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DigitalOcean Holdings Account Relationship Matchups

DigitalOcean Holdings income statement Accounts

201920202021202220232024 (projected)
Tax Provision793K911K1.3M(124K)7.4M7.7M
Net Interest Income(9.4M)(13.6M)(3.7M)(8.4M)14.9M15.6M
Depreciation And Amortization63.1M75.3M88.4M102.2M117.9M91.5M
Interest Expense9.4M13.6M3.7M8.4M8.9M9.2M
Selling General Administrative71.2M80.2M102.6M165.2M162.7M117.5M
Selling And Marketing Expenses31.3M33.5M50.9M81.5M73.0M54.9M
Total Revenue254.8M318.4M428.6M576.3M692.9M453.6M
Gross Profit132.6M172.8M258.0M364.4M408.9M264.5M
Other Operating Expenses284.7M334.2M439.7M602.5M681.0M471.6M
Operating Income(30.2M)(28.8M)(11.0M)(15.6M)11.9M12.5M
Net Income From Continuing Ops(40.4M)(43.6M)(19.5M)(24.3M)19.4M20.4M
Ebit(30.2M)(29.0M)(14.5M)(15.5M)35.7M37.5M
Research Development60.0M75.0M115.7M143.9M140.4M106.3M
Ebitda32.8M46.2M73.9M86.7M153.6M161.3M
Cost Of Revenue122.3M145.5M170.6M211.9M284.0M189.1M
Total Operating Expenses162.5M188.6M269.2M390.6M397.0M282.6M
Reconciled Depreciation63.1M75.6M88.4M102.2M117.9M91.6M
Income Before Tax(39.6M)(42.7M)(18.2M)(24.4M)26.8M28.1M
Total Other Income Expense Net(9.4M)(26.9M)(7.0M)1.8M14.9M15.6M
Net Income Applicable To Common Shares(40.4M)(43.6M)(19.5M)(24.3M)(27.9M)(29.3M)
Net Income(40.4M)(43.6M)(19.5M)(24.3M)19.4M20.4M
Income Tax Expense793K911K1.3M(124K)7.4M7.7M
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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DigitalOcean Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.