digitalocean, the cloud for developers, is a dynamic, high-growth technology company that serves a passionate community of technologists around the world. we want to simplify cloud computing for every developer and are working on some of the most challenging and interesting problems in cloud computing. from an intuitive interface and flexible api, to a robust set of features and a library with thousands of tutorials, we’re always thinking of ways to make developers’ lives easier. it’s what brings us together and keeps us going. we’re independent thinkers, open communicators, and voracious learners. we get the job done—and we have fun doing it!
Company profile
Ticker
DOCN
Exchange
Website
CEO
Yancey L. Spruill
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Digital Ocean, Inc.
SEC CIK
Corporate docs
Subsidiaries
DigitalOcean, LLC • DigitalOcean EU B.V. • Digital Ocean Canada, Inc. • Droplet Offshore Services Private Limited • DigitalOcean Droplet Limited • DigitalOcean Australia • ServerStack, Inc. • Digital Ocean LLC • Cloudways Limited • Cloudways Platform (Private) Limited ...
DOCN stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
19 Apr 24
DEFA14A
Additional proxy soliciting materials
19 Apr 24
DEF 14A
Definitive proxy
19 Apr 24
S-8
Registration of securities for employees
21 Feb 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
DigitalOcean Announces Fourth Quarter and Fiscal Year 2023 Financial Results
21 Feb 24
8-K
DigitalOcean Appoints Paddy Srinivasan as Chief Executive Officer
17 Jan 24
8-K
Departure of Directors or Certain Officers
6 Dec 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
DigitalOcean Announces Third Quarter 2023 Financial Results
2 Nov 23
Transcripts
DOCN
Earnings call transcript
2023 Q3
2 Nov 23
DOCN
Earnings call transcript
2023 Q2
4 Aug 23
DOCN
Earnings call transcript
2023 Q1
9 May 23
DOCN
Earnings call transcript
2022 Q4
16 Feb 23
DOCN
Earnings call transcript
2022 Q3
7 Nov 22
DOCN
Earnings call transcript
2022 Q2
9 Aug 22
DOCN
Earnings call transcript
2022 Q1
4 May 22
DOCN
Earnings call transcript
2021 Q4
24 Feb 22
DOCN
Earnings call transcript
2021 Q3
4 Nov 21
DOCN
Earnings call transcript
2021 Q2
7 Aug 21
Latest ownership filings
144
Notice of proposed sale of securities
23 Apr 24
4
Warren J Adelman
15 Apr 24
4
Matt Steinfort
15 Apr 24
4
Christopher Merritt
2 Apr 24
4
Pueo Keffer
2 Apr 24
4
HILARY SCHNEIDER
2 Apr 24
4
WARREN JENSON
2 Apr 24
144
Notice of proposed sale of securities
20 Mar 24
144/A
Notice of proposed sale of securities (amended)
20 Mar 24
144
Notice of proposed sale of securities
19 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 81.11 mm | 81.11 mm | 81.11 mm | 81.11 mm | 81.11 mm | 81.11 mm |
Cash burn (monthly) | 16.59 mm | (no burn) | (no burn) | 277.25 k | (no burn) | (no burn) |
Cash used (since last report) | 117.21 mm | n/a | n/a | 1.96 mm | n/a | n/a |
Cash remaining | -36.10 mm | n/a | n/a | 79.15 mm | n/a | n/a |
Runway (months of cash) | -2.2 | n/a | n/a | 285.5 | n/a | n/a |
Institutional ownership, Q4 2023
62.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 191 |
Opened positions | 43 |
Closed positions | 76 |
Increased positions | 52 |
Reduced positions | 60 |
13F shares | Current |
---|---|
Total value | 1.08 tn |
Total shares | 56.93 mm |
Total puts | 605.50 k |
Total calls | 1.39 mm |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Access Industries Management | 25.87 mm | $864.42 mm |
Vanguard | 6.03 mm | $221.32 bn |
IA Venture Strategies Fund II | 4.44 mm | $163.00 bn |
Wolf Hill Capital Management | 2.37 mm | $86.83 bn |
Van Berkom & Associates | 1.39 mm | $50.99 mm |
STT State Street | 1.34 mm | $48.98 bn |
JPM JPMorgan Chase & Co. | 1.18 mm | $43.31 bn |
IVZ Invesco | 1.09 mm | $40.13 bn |
Mirae Asset Global Investments | 901.33 k | $33.07 bn |
PFG Principal Financial Group Inc - Registered Shares | 861.02 k | $31.59 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Apr 24 | Warren J Adelman | Common Stock | Payment of exercise | Dispose F | No | No | 36.48 | 1,535 | 56.00 k | 69,041 |
11 Apr 24 | Matt Steinfort | Common Stock | Grant | Acquire A | No | No | 0 | 45,485 | 0.00 | 602,804 |
31 Mar 24 | Christopher Merritt | Common Stock | Grant | Acquire A | No | No | 39.22 | 223 | 8.75 k | 17,219 |
31 Mar 24 | Pueo Keffer | Common Stock | Grant | Acquire A | No | No | 39.22 | 321 | 12.59 k | 12,159 |
31 Mar 24 | Hilary Schneider | Common Stock | Grant | Acquire A | No | No | 39.22 | 382 | 14.98 k | 12,860 |
News
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1 May 24
12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
1 May 24
DigitalOcean To Replace Agiliti In S&P SmallCap 600 Effective Prior To Opening Of Trading On May 7
30 Apr 24
10 Information Technology Stocks With Whale Alerts In Today's Session
22 Mar 24
10 Information Technology Stocks Whale Activity In Today's Session
21 Mar 24
Press releases
DigitalOcean Holdings Set to Join S&P SmallCap 600
30 Apr 24
DigitalOcean Announces Date of First Quarter 2024 Earnings Conference Call
10 Apr 24
PINATA Appoints Rob Olson as Chief Operating Officer to Steer Expansion into AI as TaskFlow Platform Activity Surges
8 Feb 24
DigitalOcean Unveils Enhanced Data Backups to Strengthen Business Continuity
8 Feb 24