DigitalOcean Holdings (DOCN) Short-term Investments (2022 - 2023)
DigitalOcean Holdings' Short-term Investments was $94.53 million in Q4 2023, down 86.9% from $723.46 million a year earlier and down 69.0% from the prior quarter.
DigitalOcean Holdings (DOCN) Short-term Investments (2022 - 2023) Analysis & Trends
From Q1 2022 onward, DigitalOcean Holdings has reported Short-term Investments for 8 quarters.
- In earlier years, Short-term Investments was $723.46 million in FY2022.
- The Q4 2023 figure marks the lowest quarterly Short-term Investments in data going back to Q1 2022.
- Compared with a year earlier, Short-term Investments has declined for four straight quarters, with an average decline of 63.8% over the last four quarters.
- Per Business Quant data, DOCN's Short-term Investments in the three quarters before Q4 2023 was $304.72 million (Q3 2023), $430.46 million (Q2 2023) and $591.68 million (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn |
| 10 | DigitalOcean Holdings | 10.45 Bn | 8.45 Bn | 154.66 Mn |
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 |
DigitalOcean Holdings Short-term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-investments&ticker=DOCN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "DOCN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=short-term-investments&ticker=DOCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();