DigitalOcean Holdings (STU:0SU) COGS-to-Revenue : 0.39 (As of Mar. 2024)

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What is DigitalOcean Holdings COGS-to-Revenue?

DigitalOcean Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €66.8 Mil. Its Revenue for the three months ended in Mar. 2024 was €170.0 Mil.

DigitalOcean Holdings's COGS to Revenue for the three months ended in Mar. 2024 was 0.39.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. DigitalOcean Holdings's Gross Margin % for the three months ended in Mar. 2024 was 60.68%.

DigitalOcean Holdings COGS-to-Revenue Historical Data

The historical data trend for DigitalOcean Holdings's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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DigitalOcean Holdings COGS-to-Revenue Chart

DigitalOcean Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.48

0.46

0.40

0.37

0.41

DigitalOcean Holdings Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial														0.44	0.40	0.40	0.41	0.39

DigitalOcean Holdings COGS-to-Revenue Calculation

DigitalOcean Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	260.398	/	635.375
	=	0.41

DigitalOcean Holdings's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	66.833	/	169.952
	=	0.39

DigitalOcean Holdings (STU:0SU) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

DigitalOcean Holdings's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	66.833 / 169.952
	=	60.68 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

DigitalOcean Holdings COGS-to-Revenue Related Terms

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DigitalOcean Holdings (STU:0SU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DigitalOcean Holdings Inc (STU:0SU) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

DOCN:USA 0SU:Germany

Address

101 6th Avenue, New York, NY, USA, 10013

Website

https://www.digitalocean.com

DigitalOcean Holdings Inc is a cloud computing platform offering on-demand infrastructure and platform tools for developers, start-ups and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others. The group has a business presence in North America, Europe, Asia and Other countries.

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