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% YoY from $723.5 million in Q4 2022, and down 68.98% sequentially from $304.7 million in Q3 2023.
DigitalOcean Holdings (DOCN) Short-term Investments (2022 - 2023) Analysis & Trends
DigitalOcean Holdings has disclosed Short-term Investments across 2 years of filings, most recently posting $94.5 million for 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 declined to $94.5 million in Q4 2023, from $304.7 million in the prior quarter.
- Over the last five years, Short-term Investments for DOCN reached as high as $1.1 billion in Q2 2022 and fell as low as $94.5 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn |
| 10 | DigitalOcean Holdings | 13.46 Bn | 12.71 Bn | 144.71 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 |