DigitalOcean Holdings (DOCN) Short-term Investments (2022 - 2023)

DigitalOcean Holdings' (DOCN) quarterly Short-term Investments came in at $94.5 million in Q4 2023, down 86.93% year-on-year from $723.5 million in Q4 2022, and down 68.98% on a QoQ basis from $304.7 million in Q3 2023.

DigitalOcean Holdings (DOCN) Short-term Investments (2022 - 2023) Analysis & Trends

DigitalOcean Holdings (DOCN) has 2 years of Short-term Investments data on file, last reported at $94.5 million in Q4 2023.

  • On a quarterly basis, Short-term Investments fell 86.93% year-over-year to $94.5 million in Q4 2023; TTM through Dec 2023 was $94.5 million, a 86.93% decrease from a year earlier, with the FY2023 full-year figure at $94.5 million, down 86.93% from the prior year.
  • Short-term Investments for Q4 2023 stood at $94.5 million, down 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 2,921.46 Bn 2,797.02 Bn 56.06 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn
3 Oracle 344.13 Bn 312.24 Bn -
4 Repay Holdings 342.29 Bn 342.15 Bn -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn
10 DigitalOcean Holdings 10.62 Bn 9.88 Bn 144.71 Mn

Historic Data

Download Data
DateValue
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