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-over-year from $723.5 million in Q4 2022, and down 68.98% quarter-over-quarter from $304.7 million in Q3 2023.
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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.
- 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 was $94.5 million for Q4 2023 at DigitalOcean Holdings, down from $304.7 million in the prior quarter.
- Over five years, Short-term Investments peaked at $1.1 billion in Q2 2022 and troughed at $94.5 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,654.55 Bn | 3,521.80 Bn | 60.48 Bn |
| 2 | International Business Machines | 218.12 Bn | 206.77 Bn | 9.91 Bn |
| 3 | Nebius | 61.22 Bn | 53.18 Bn | 448.70 Mn |
| 4 | CoreWeave | 56.79 Bn | 51.26 Bn | 1.70 Bn |
| 5 | Nutanix | 17.91 Bn | 15.90 Bn | 610.79 Mn |
| 6 | DigitalOcean Holdings | 12.61 Bn | 11.84 Bn | 154.66 Mn |
| 7 | Kingsoft Cloud Holdings | 2.82 Bn | 2.12 Bn | 68.71 Mn |
| 8 | Tuya | 1.13 Bn | 154.85 Mn | 43.05 Mn |
| 9 | SharonAI Holdings | 1.09 Bn | -766.79 Mn | 1.17 Mn |
| 10 | Backblaze | 778.32 Mn | 726.94 Mn | - |
Historic Data
Download Data
Historic 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 |