DigitalOcean Holdings Inc (DOCN)
35.06
-0.27
(-0.76%)
USD |
NYSE |
Nov 05, 09:44
DigitalOcean Holdings Gross Profit Margin (Quarterly): 60.96% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 60.96% |
| March 31, 2024 | 60.68% |
| December 31, 2023 | 58.86% |
| September 30, 2023 | 60.28% |
| June 30, 2023 | 60.34% |
| March 31, 2023 | 56.47% |
| December 31, 2022 | 63.08% |
| September 30, 2022 | 62.71% |
| June 30, 2022 | 64.29% |
| Date | Value |
|---|---|
| March 31, 2022 | 62.93% |
| December 31, 2021 | 62.90% |
| September 30, 2021 | 60.96% |
| June 30, 2021 | 58.44% |
| March 31, 2021 | 57.78% |
| December 31, 2020 | 55.92% |
| September 30, 2020 | 54.33% |
| June 30, 2020 | 54.23% |
| March 31, 2020 | 52.35% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
52.35%
Minimum
Mar 2020
64.29%
Maximum
Jun 2022
59.30%
Average
60.31%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Couchbase Inc | 87.47% |
| MongoDB Inc | 73.17% |
| PubMatic Inc | 62.60% |
| Alkami Technology Inc | 58.92% |
| Diebold Nixdorf Inc | 25.88% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Assets | 4.62% |
| Return on Invested Capital | 5.79% |
| Profit Margin (Quarterly) | 9.94% |
| Operating Margin (Quarterly) | 11.60% |
| Return on Net Operating Assets | 6.48% |