DigitalOcean Holdings Inc (DOCN)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 97,699 | 82,237 | 89,710 | 68,882 | 8,209 | -14,081 | -42,850 | -54,759 | -23,126 | -25,569 | -35,911 | -30,643 | -18,201 |
| Revenue (ttm) | US$ in thousands | 780,615 | 756,564 | 735,142 | 712,480 | 692,884 | 675,008 | 650,061 | 614,129 | 576,322 | 532,986 | 492,299 | 462,227 | 428,561 |
| Pretax margin | 12.52% | 10.87% | 12.20% | 9.67% | 1.18% | -2.09% | -6.59% | -8.92% | -4.01% | -4.80% | -7.29% | -6.63% | -4.25% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $97,699K ÷ $780,615K
= 12.52%
DigitalOcean Holdings Inc's pretax margin has shown a fluctuating trend over the analyzed periods. It started at -4.25% in December 2021, further declining to -6.63% by March 2022 and then to -7.29% by June 2022. The company managed to improve slightly to -4.80% by September 2022, and the trend continued to improve reaching -4.01% by December 2022.
However, there was a significant setback with a pretax margin of -8.92% by March 2023, highlighting some challenges faced by the company. The trend reversed positively from that point, showing gradual improvement to -2.09% by September 2023. By December 2023, the pretax margin turned positive at 1.18%, indicating a notable recovery.
The significant upturn continued into the following periods, demonstrating a strong performance with pretax margins of 9.67% by March 2024, 12.20% by June 2024, and 10.87% by September 2024. The pretax margin reached its peak of 12.52% by December 2024, indicating impressive profitability and operational efficiency during that period.
Peer comparison
Dec 31, 2024