DigitalOcean Files Q1 2024 10-Q
Ticker: DOCN · Form: 10-Q · Filed: 2024-05-10T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, SEC filing
TL;DR
DO's Q1 2024 10-Q is in. Check financials.
AI Summary
DigitalOcean Holdings, Inc. filed its 10-Q for the period ending March 31, 2024. The filing details financial performance and operational updates for the first quarter of 2024. Key financial data and disclosures relevant to investors are presented in this report.
Why It Matters
This filing provides investors with the latest financial performance data for DigitalOcean, crucial for understanding the company's current health and future prospects.
Risk Assessment
Risk Level: medium — 10-Q filings are standard disclosures for public companies, but the specific financial details within can reveal varying levels of risk.
Key Players & Entities
- DigitalOcean Holdings, Inc. (company) — Filer of the 10-Q
- 0001582961-24-000068 (other) — Accession Number for the filing
- 20240331 (date) — End of the reporting period
- 20240510 (date) — Filing date
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the first quarter of 2024, ending on March 31, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on May 10, 2024.
What is the company's Central Index Key (CIK)?
The company's Central Index Key (CIK) is 0001582961.
What is the company's primary business address?
The company's business address is 101 Avenue of the Americas, 10th Floor, New York, NY 10013.
What is the SEC file number for DigitalOcean Holdings, Inc.?
The SEC file number for DigitalOcean Holdings, Inc. is 001-40252.
From the Filing
0001582961-24-000068.txt : 20240510 0001582961-24-000068.hdr.sgml : 20240510 20240510070405 ACCESSION NUMBER: 0001582961-24-000068 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 73 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240510 DATE AS OF CHANGE: 20240510 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-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-40252 FILM NUMBER: 24932849 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-Q 1 docn-20240331.htm 10-Q docn-20240331 0001582961 FALSE 2024 Q1 12/31 0.3333 0.3333 0.3333 xbrli:shares iso4217:USD iso4217:USD xbrli:shares docn:segment xbrli:pure docn:claim docn:trading_day docn:installment docn:purchase_period 0001582961 2024-01-01 2024-03-31 0001582961 2024-05-03 0001582961 2024-03-31 0001582961 2023-12-31 0001582961 2023-01-01 2023-03-31 0001582961 us-gaap:CommonStockMember 2023-12-31 0001582961 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001582961 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001582961 us-gaap:RetainedEarningsMember 2023-12-31 0001582961 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001582961 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001582961 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001582961 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001582961 us-gaap:CommonStockMember 2024-03-31 0001582961 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001582961 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001582961 us-gaap:RetainedEarningsMember 2024-03-31 0001582961 us-gaap:CommonStockMember 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 2022-12-31 0001582961 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0001582961 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001582961 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-03-31 0001582961 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001582961 us-gaap:CommonStockMember 2023-03-31 0001582961 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001582961 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0001582961 us-gaap:RetainedEarningsMember 2023-03-31 0001582961 2023-03-31 0001582961 srt:NorthAmericaMember us-gaap:GeographicConcentrationRiskMember us-gaap:RevenueFromContractWithCustomerMember 2024-01-01 2024-03-31 0001582961 srt:NorthAmericaMember us-gaap:GeographicConcentrationRiskMember us-gaap:RevenueFromContractWithCustomerMember 2023-01-01 2023-03-31 0001582961 srt:EuropeMember us-gaap:GeographicConcentrationRiskMember us-gaap:RevenueFromContractWithCustomerMember 2024-01-01 2024-03-31 0001582961 srt:EuropeMember us-gaap:GeographicConcentrationRiskMember us-gaap:RevenueFromContractWithCustomerMember 2023-01-01 2023-03-31 0001582961 srt:AsiaMember us-gaap:GeographicConcentrationRiskMember us-gaap:RevenueFromContractWithCustomerMember 2024-01-01 2024-03-31 0001582961 srt:AsiaMember us-gaap:GeographicConcentrationRiskMember us-gaap:RevenueFromContractWithCustomerMember 2023-01-01 2023-03-31 0001582961 docn:OtherGeographicalAreasMember us-gaap:GeographicConcentrationRiskMember us-gaap:RevenueFromContractWithCustomerMember 2024-01-01 2024-03-31 0001582961 docn:OtherGeographicalAreasMember us-gaap:GeographicConcentrationRiskMember us-g