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DOCN

Digitalocean Holdings, Inc.

$32.34

Earnings Summary

Revenue
$184.73Mn
Net Profits
$14.14Mn
Net Profit Margins
7.65%
PE Ratio
63.12

Highlights

Revenue:

Digitalocean Holdings, Inc.’s revenue jumped 11.87% since last year same period to $184.73Mn in the Q1 2024. On a quarterly growth basis, Digitalocean Holdings, Inc. has generated 2.13% jump in its revenue since last 3-months.

Net Profits:

Digitalocean Holdings, Inc.’s net profit jumped 140.47% since last year same period to $14.14Mn in the Q1 2024. On a quarterly growth basis, Digitalocean Holdings, Inc. has generated -11.29% fall in its net profits since last 3-months.

Net Profit Margins:

Digitalocean Holdings, Inc.’s net profit margin jumped 136.18% since last year same period to 7.65% in the Q1 2024. On a quarterly growth basis, Digitalocean Holdings, Inc. has generated -13.14% fall in its net profit margins since last 3-months.

PE Ratio:

Digitalocean Holdings, Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 63.12.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Digitalocean Holdings, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.39
EPS Estimate Current Year
0.39

Highlights

EPS Estimate Current Quarter:

Digitalocean Holdings, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.39 - a 2.63% jump from last quarter’s estimates.

EPS Estimate Current Year:

Digitalocean Holdings, Inc.’s earning per share (EPS) estimates for the current year stand at 0.39.

Key Ratios

Key ratios of the Digitalocean Holdings, Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
0.43
Return on Assets (ROA)
0.04
Return on Equity (ROE)
-0.39

Highlights

Earning Per Share (EPS):

Digitalocean Holdings, Inc.’s earning per share (EPS) jumped 53.57% since last year same period to 0.43 in the Q1 2024. This indicates that the Digitalocean Holdings, Inc. has generated 53.57% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Digitalocean Holdings, Inc.’s return on assets (ROA) stands at 0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Digitalocean Holdings, Inc.’s return on equity (ROE) stands at -0.39.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-10
0.38
0.43
13.16%