DigitalOcean Holdings Inc (DOCN)
39.62
+0.75
(+1.93%)
USD |
NYSE |
Nov 22, 16:00
39.62
0.00 (0.00%)
After-Hours: 16:29
DigitalOcean Holdings Gross Profit Margin (Quarterly): 60.18% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 60.18% |
| 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
59.35%
Average
60.28%
Median
Sep 2023
Gross Profit Margin (Quarterly) Benchmarks
| Couchbase Inc | 87.47% |
| MongoDB Inc | 73.17% |
| Alkami Technology Inc | 58.92% |
| Castellum Inc | 42.72% |
| BM Technologies Inc | 54.46% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Assets | 5.53% |
| Return on Invested Capital | 6.88% |
| Profit Margin (Quarterly) | 16.60% |
| Operating Margin (Quarterly) | 12.40% |
| Return on Net Operating Assets | 7.63% |