GURUFOCUS.COM » STOCK LIST » Technology » Software » DigitalOcean Holdings Inc (NYSE:DOCN) » Definitions » Tax Rate %

DOCN (DigitalOcean Holdings) Tax Rate % : -11.16% (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is DigitalOcean Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. DigitalOcean Holdings's Tax Expense for the three months ended in Sep. 2024 was $-3.3 Mil. DigitalOcean Holdings's Pre-Tax Income for the three months ended in Sep. 2024 was $29.6 Mil. Therefore, DigitalOcean Holdings's Tax Rate % for the quarter that ended in Sep. 2024 was -11.16%.


DigitalOcean Holdings Tax Rate % Historical Data

The historical data trend for DigitalOcean Holdings's Tax Rate % 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.

* Premium members only.

DigitalOcean Holdings Tax Rate % Chart

DigitalOcean Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial -2.00 -2.14 -7.15 -16.41 27.51

DigitalOcean Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.33 -17.79 0.81 22.86 -11.16

DigitalOcean Holdings Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

DigitalOcean Holdings's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=7.367/26.776
=27.51 %

DigitalOcean Holdings's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=-3.308/29.641
=-11.16 %

* 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.


DigitalOcean Holdings Tax Rate % Related Terms

Thank you for viewing the detailed overview of DigitalOcean Holdings's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


DigitalOcean Holdings Business Description

Traded in Other Exchanges
Address
101 6th Avenue, New York, NY, USA, 10013
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.
Executives
Matt Steinfort officer: Chief Financial Officer 1805 29TH STREET SUITE 2050, BOULDER CO 80301
Amy S Butte director C/O L CATTERTON MANAGEMENT, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Yancey L. Spruill director, officer: Chief Executive Officer 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Megan Wood officer: Chief Strategy Officer C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Jeffrey Scott Guy officer: Chief Operating Officer C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Warren Jenson director 30 FREDRICK AVE, ATHERTON CA 94027
Harold Matthew Norman officer: Chief People Officer C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Christopher Merritt director C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Carly D Brantz officer: Chief Marketing Officer C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Alan Shapiro officer: General Counsel
Muhammad Aaqib Gadit officer: Chief Revenue Officer C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Gabriel Monroy officer: Chief Product Officer C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Adrienne Elizabeth Calderone officer: SVP, Chief Accounting Officer 101 6TH AVENUE, NEW YORK NY 10013
Andreessen Horowitz Fund Iii, L.p. 10 percent owner 2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Ah Capital Management, L.l.c. 10 percent owner 2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025