DigitalOcean Holdings (DOCN) Short-term Investments (2022 - 2023)
DigitalOcean Holdings (DOCN) posted quarterly Short-term Investments of $94.5 million for Q4 2023, down 86.93% year-over-year from $723.5 million in Q4 2022, and down 68.98% quarter-over-quarter from $304.7 million in Q3 2023.
DigitalOcean Holdings (DOCN) Short-term Investments (2022 - 2023) Analysis & Trends
DigitalOcean Holdings (DOCN) has reported Short-term Investments for 2 consecutive years, with $94.5 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Short-term Investments fell 86.93% year-over-year to $94.5 million; the TTM figure through Dec 2023 stood at $94.5 million (down 86.93% YoY), while the FY2023 annual figure was $94.5 million, down 86.93% from the prior year.
- Short-term Investments fell to $94.5 million in Q4 2023 per DOCN's latest filing, from $304.7 million in the prior quarter.
- Across five years, Short-term Investments topped out at $1.1 billion in Q2 2022 and bottomed at $94.5 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 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 |
|---|---|
| Dec 31, 2023 | 94.53 Mn |
| Sep 30, 2023 | 304.72 Mn |
| Jun 30, 2023 | 430.46 Mn |
| Mar 31, 2023 | 591.68 Mn |
| Dec 31, 2022 | 723.46 Mn |
| Sep 30, 2022 | 800.54 Mn |
| Jun 30, 2022 | 1.09 Bn |
| Mar 31, 2022 | 1.09 Bn |