DigitalOcean Files 10-K, Details 2023 Financials

TL;DR

**DigitalOcean's 10-K is out, giving a full financial picture for 2023, so check those balance sheet details!**

AI Summary

DigitalOcean Holdings, Inc. filed its 10-K on February 21, 2024, for the fiscal year ended December 31, 2023. The filing details the company's financial performance and position, including its common stock, treasury stock, additional paid-in capital, and accumulated other comprehensive income as of December 31, 2020. The company, operating under SIC code 7370 (Computer Programming, Data Processing, etc.), is incorporated in Delaware and has its business address at 101 Avenue of the Americas, New York, NY.

Why It Matters

This filing provides a comprehensive look into DigitalOcean's financial health and operational performance, offering crucial data for investors and stakeholders to assess its stability and future prospects in the competitive cloud services market.

Risk Assessment

Risk Level: medium — The filing itself doesn't explicitly detail risks, but as a technology company, DigitalOcean faces inherent market and competitive risks.

Key Numbers

• 20231231 — Conformed Period of Report (The fiscal year-end covered by this 10-K filing.)
• 20240221 — Filed As Of Date (The date the 10-K was officially filed with the SEC.)
• 001-40252 — SEC File Number (Unique identifier for DigitalOcean's SEC filings.)
• 7370 — Standard Industrial Classification (SIC) (Indicates the company's primary business activity as Computer Programming, Data Processing, etc.)
• 120 — Public Document Count (Number of public documents associated with this filing.)

Key Players & Entities

• DigitalOcean Holdings, Inc. (company) — Filer of the 10-K
• 001-40252 (company) — SEC File Number
• 101 Avenue of the Americas (company) — Business Address
• New York (company) — Business City
• NY (company) — Business State
• 10013 (company) — Business Zip Code
• 341-985-0306 (company) — Business Phone Number
• Digital Ocean, Inc. (company) — Former Company Name
• 20130731 (date) — Date of Name Change
• 20231231 (date) — Conformed Period of Report

FAQ

From the Filing

0001582961-24-000031.txt : 20240417 0001582961-24-000031.hdr.sgml : 20240417 20240221161119 ACCESSION NUMBER: 0001582961-24-000031 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 120 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240221 DATE AS OF CHANGE: 20240221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DigitalOcean Holdings, Inc. CENTRAL INDEX KEY: 0001582961 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40252 FILM NUMBER: 24659551 BUSINESS ADDRESS: STREET 1: 101 AVENUE OF THE AMERICAS STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10013 BUSINESS PHONE: 341-985-0306 MAIL ADDRESS: STREET 1: 101 AVENUE OF THE AMERICAS STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10013 FORMER COMPANY: FORMER CONFORMED NAME: Digital Ocean, Inc. DATE OF NAME CHANGE: 20130731 10-K 1 docn-20231231.htm 10-K docn-20231231 0001582961 FALSE 2023 FY http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent P1Y P3Y P3Y P3Y 0.3333 177 0001582961 2023-01-01 2023-12-31 0001582961 2023-06-30 iso4217:USD 0001582961 2024-02-08 xbrli:shares 0001582961 2022-01-01 2022-12-31 0001582961 2023-12-31 0001582961 2022-12-31 iso4217:USD xbrli:shares 0001582961 2021-01-01 2021-12-31 0001582961 2020-12-31 0001582961 us-gaap:CommonStockMember 2020-12-31 0001582961 us-gaap:TreasuryStockCommonMember 2020-12-31 0001582961 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001582961 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001582961 us-gaap:RetainedEarningsMember 2020-12-31 0001582961 us-gaap:IPOMember us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001582961 us-gaap:IPOMember us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001582961 us-gaap:IPOMember 2021-01-01 2021-12-31 0001582961 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001582961 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001582961 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001582961 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001582961 2021-12-31 0001582961 us-gaap:CommonStockMember 2021-12-31 0001582961 us-gaap:TreasuryStockCommonMember 2021-12-31 0001582961 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001582961 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001582961 us-gaap:RetainedEarningsMember 2021-12-31 0001582961 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001582961 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001582961 us-gaap:TreasuryStockCommonMember 2022-01-01 2022-12-31 0001582961 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001582961 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001582961 us-gaap:CommonStockMember 2022-12-31 0001582961 us-gaap:TreasuryStockCommonMember 2022-12-31 0001582961 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001582961 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001582961 us-gaap:RetainedEarningsMember 2022-12-31 0001582961 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001582961 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0001582961 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001582961 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001582961 us-gaap:CommonStockMember 2023-12-31 0001582961 us-gaap:TreasuryStockCommonMember 2023-12-31 0001582961 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001582961 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0