DigitalOcean (DOCN) Earnings Date, Estimates & Call Transcripts

$36.40

+0.23 (+0.64%)

(As of 09/6/2024 ET)

Upcoming Earnings Date: Nov. 7Estimated
Actual EPS (Aug. 8): $0.48 Beat By $0.09
Consensus EPS (Aug. 8): $0.39

DOCN Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

DOCN Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Ad Golden Crest

Biden’s Capital Gains Tax to Devastate Savings!

Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.

>> Get Your FREE Wealth Protection Guide <<

DigitalOcean Analyst EPS Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate	Company Guidance
Q1 2024	3	$0.01	$0.16	$0.08	0.370 - 0.390
Q2 2024	2	$0.10	$0.16	$0.13	0.380 - 0.400
Q3 2024	2	$0.04	$0.18	$0.11	0.390 - 0.410
Q4 2024	2	$0.05	$0.21	$0.13
FY 2024	9	$0.20	$0.71		$0.45

DOCN Earnings Date and Information

DigitalOcean last released its earnings data on August 8th, 2024. The reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of $0.39 by $0.09. The business had revenue of $192 million for the quarter, compared to analysts' expectations of $188.63 million. Its revenue was up 13.1% on a year-over-year basis. DigitalOcean has generated $0.53 earnings per share over the last year ($0.53 diluted earnings per share) and currently has a price-to-earnings ratio of 68.7. Earnings for DigitalOcean are expected to decrease by -1.16% in the coming year, from $0.86 to $0.85 per share. DigitalOcean has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, November 7th, 2024 based off prior year's report dates.

DigitalOcean Earnings History by Quarter

Time Frame

Start Date

End Date

Export to Excel

Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
11/7/2024 (Estimated)	-	-	-	-	-	-	-
8/8/2024	Q2 2024	$0.39	$0.48	+$0.09	$0.38	$188.63 million	$192.00 million
5/10/2024	Q1 2024	$0.18	$0.24	+$0.06	$0.33	$182.70 million	$184.73 million
2/21/2024	Q4 2023	$0.08	$0.31	+$0.23	$0.45	$178.26 million	$180.87 million
11/2/2023	Q3 2023	$0.05	$0.17	+$0.12	$0.14	$173.57 million	$177.06 million
8/11/2023	Q2 2023	$0.11	$0.11	-	$0.21	$169.75 million	$169.81 million
5/9/2023	Q1 2023	$0.29	$0.28	($0.01)	$0.37	$164.13 million	$165.13 million
Get the Latest News and Ratings for DOCN and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for DigitalOcean and its competitors with MarketBeat's FREE daily newsletter.
2/16/2023	Q4 2022	$0.19	$0.28	+$0.09	$0.10	$161.10 million	$163.00 million
11/7/2022	Q3 2022	-	$0.16	+$0.16	$0.22	$148.13 million	$152.12 million
8/8/2022	Q2 2022	($0.05)	($0.04)	+$0.01	($0.02)	$134.48 million	$133.88 million
5/4/2022	Q1 2022	($0.04)	($0.16)	($0.12)	($0.15)	$126.22 million	$127.33 million
2/24/2022	Q4 2021	($0.02)	($0.11)	($0.09)	($0.11)	$119.02 million	$119.66 million
11/4/2021	Q3 2021	$0.07	$0.12	+$0.05	($0.08)	$108.84 million	$111.43 million
8/5/2021	Q2 2021	$0.06	($0.02)	($0.08)	($0.02)	$98.24 million	$103.81 million

DigitalOcean Earnings - Frequently Asked Questions

When is DigitalOcean's earnings date?: DigitalOcean has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, November 7th, 2024 based off last year's report dates. Learn more on DOCN's earnings history.
What guidance has DigitalOcean issued on next quarter's earnings?: DigitalOcean issued an update on its third quarter 2024 earnings guidance on Thursday, August, 8th. The company provided EPS guidance of 0.390-0.410 for the period, compared to the consensus estimate of 0.410. The company issued revenue guidance of $196.0 million-$197.0 million, compared to the consensus revenue estimate of $195.2 million.
Did DigitalOcean beat their earnings estimates last quarter?: In the previous quarter, DigitalOcean (NASDAQ:DOCN) reported $0.48 earnings per share (EPS) to beat the analysts' consensus estimate of $0.39 by $0.09. Learn more on analysts' earnings estimate vs. DOCN's actual earnings.
How can I listen to DigitalOcean's earnings conference call?: The conference call for DigitalOcean's latest earnings report can be listened to online. Listen to Conference Call
How can I read DigitalOcean's conference call transcript?: The conference call transcript for DigitalOcean's latest earnings report can be read online. Read Transcript
How can I view DigitalOcean's earnings report?: DigitalOcean's earnings report can be found in their filing with the SEC. View SEC filing
How much revenue does DigitalOcean generate each year?: DigitalOcean (NASDAQ:DOCN) has a recorded annual revenue of $735.14 million.
How much profit does DigitalOcean generate each year?: DigitalOcean (NASDAQ:DOCN) has a recorded net income of $19.41 million. DOCN has generated $0.53 earnings per share over the last four quarters.
What is DigitalOcean's price-to-earnings ratio?: DigitalOcean (NASDAQ:DOCN) has a trailing price-to-earnings ratio of 68.68 and a forward price-to-earnings ratio of 42.33. The price/earnings-to-growth ratio is 2.97.
What is DigitalOcean's EPS forecast for next year?: DigitalOcean's earnings are expected to decrease from $0.86 per share to $0.85 per share in the next year, which is a -1.16% change.