DigitalOcean Files 2024 10-K
Ticker: DOCN · Form: 10-K · Filed: 2025-02-25T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, financials
TL;DR
DO's 2024 10-K is in. Check financials for the year ending Dec 31.
AI Summary
DigitalOcean Holdings, Inc. filed its 2024 10-K on February 25, 2025, reporting on its fiscal year ending December 31, 2024. The filing provides a comprehensive overview of the company's financial performance, business operations, and risk factors. Key financial data and operational details for 2024, 2023, and 2022 are included, along with information on its incorporation in Delaware and its principal business address in New York.
Why It Matters
This filing is crucial for investors and analysts to understand DigitalOcean's financial health and strategic direction for the past year. It provides the official year-end financial picture and disclosures required by the SEC.
Risk Assessment
Risk Level: medium — As a public company filing a 10-K, DigitalOcean faces inherent risks related to market competition, technological changes, and economic conditions, which are detailed within the filing.
Key Numbers
- 2024 — Fiscal Year (Reporting period for the 10-K)
- 2023 — Fiscal Year (Prior year financial comparison)
- 2022 — Fiscal Year (Prior year financial comparison)
Key Players & Entities
- DigitalOcean Holdings, Inc. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-02-25 (date) — Filing date
- New York (location) — Business address city
- Delaware (location) — State of incorporation
FAQ
What is the primary business of DigitalOcean Holdings, Inc.?
DigitalOcean Holdings, Inc. operates in the SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. sector, as indicated by its SIC code [7370].
When did DigitalOcean Holdings, Inc. file its 10-K for the fiscal year 2024?
The 10-K filing for the fiscal year 2024 was filed on February 25, 2025.
Where is DigitalOcean Holdings, Inc. incorporated?
DigitalOcean Holdings, Inc. is incorporated in Delaware (DE).
What is the principal business address of DigitalOcean Holdings, Inc.?
The principal business address is 101 Avenue of the Americas, 10th Floor, New York, NY 10013.
What were the previous names of DigitalOcean Holdings, Inc.?
The company was formerly known as Digital Ocean, Inc., with a date of name change on July 31, 2013.
From the Filing
0001582961-25-000035.txt : 20250225 0001582961-25-000035.hdr.sgml : 20250225 20250225071040 ACCESSION NUMBER: 0001582961-25-000035 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 125 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250225 DATE AS OF CHANGE: 20250225 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: 25659379 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-20241231.htm 10-K docn-20241231 0001582961 FALSE 2024 FY http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent P1Y P3Y P3Y 0.3333 0.3333 0.3333 212 200 iso4217:USD xbrli:shares iso4217:USD xbrli:shares docn:agreement xbrli:pure docn:trading_day docn:debt_instrument docn:installment docn:purchase_period 0001582961 2024-01-01 2024-12-31 0001582961 2024-06-30 0001582961 2025-02-18 0001582961 2024-12-31 0001582961 2023-12-31 0001582961 2023-01-01 2023-12-31 0001582961 2022-01-01 2022-12-31 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 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 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 0001582961 us-gaap:RetainedEarningsMember 2023-12-31 0001582961 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0001582961 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-12-31 0001582961 us-gaap:RetainedEarningsMember 2024-01-01 2024-12-31 0001582961 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-12-31 0001582961 us-gaap:CommonStockMember 2024-12-31 0001582961 us-gaap:TreasuryStockCommonMember 2024-12-31 0001582961 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001582961 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001582961 us-gaap:RetainedEarningsMember 2024-12-31 0001582961 srt:RestatementAdjustmentMember docn:R