DigitalOcean Holdings (DOCN) Amortizatization of Intangibles (2022 - 2024)
DigitalOcean Holdings (DOCN) posted quarterly Amortizatization of Intangibles of -$2.6 million for Q1 2024, down 174.77% year-over-year from $3.4 million in Q2 2023, and up 37.77% quarter-over-quarter from -$4.1 million in Q4 2023.
DigitalOcean Holdings (DOCN) Amortizatization of Intangibles (2022 - 2024) Analysis & Trends
DigitalOcean Holdings (DOCN) has reported Amortizatization of Intangibles for 3 consecutive years, with -$2.6 million the latest figure, recorded in Q1 2024.
- In Q1 2024, Amortizatization of Intangibles fell 174.77% year-over-year to -$2.6 million; the TTM figure through Dec 2024 stood at -$2.6 million (down 37.67% YoY), while the FY2024 annual figure was -$2.6 million, down 37.67% from the prior year.
- Amortizatization of Intangibles improved to -$2.6 million in Q1 2024 per DOCN's latest filing, from -$4.1 million in the prior quarter.
- Across five years, Amortizatization of Intangibles topped out at $3.4 million in Q1 2023 and bottomed at -$4.1 million in Q4 2023.
- Historically, Amortizatization of Intangibles has averaged $188888.9 across 3 years, with a median of $117000.0 in 2022.
- On a YoY basis, Amortizatization of Intangibles climbed as much as 2836.75% in 2023 and fell as far as 235.97% in 2023.
- DigitalOcean Holdings' Amortizatization of Intangibles stood at $3.0 million in 2022, then plunged by 235.97% to -$4.1 million in 2023, then jumped by 37.77% to -$2.6 million in 2024.
- Business Quant data shows DOCN's Amortizatization of Intangibles at -$2.6 million in Q1 2024, -$4.1 million in Q4 2023, and -$427000.0 in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortizatization of Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | - |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | - |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 1.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 4.50 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 5.87 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | - |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | - |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | - |
| 10 | DigitalOcean Holdings | 13.02 Bn | 12.25 Bn | 154.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -2.57 Mn |
| Mar 31, 2024 | -2.57 Mn |
| Dec 31, 2023 | -4.13 Mn |
| Dec 31, 2023 | -4.13 Mn |
| Sep 30, 2023 | -427,000.00 |
| Sep 30, 2023 | -427,000.00 |
| Jun 30, 2023 | -747,000.00 |
| Jun 30, 2023 | -747,000.00 |
| Mar 31, 2023 | 3.44 Mn |
| Mar 31, 2023 | 3.44 Mn |
| Dec 31, 2022 | 3.04 Mn |
| Dec 31, 2022 | 3.04 Mn |
| Sep 30, 2022 | 2.07 Mn |
| Sep 30, 2022 | 2.07 Mn |
| Jun 30, 2022 | 910,000.00 |
| Jun 30, 2022 | 910,000.00 |
| Mar 31, 2022 | 117,000.00 |
| Mar 31, 2022 | 117,000.00 |