DigitalOcean Holdings files 8-K: results of operations
Item 2.02 Results of Operations and Financial Condition.
On July 7, 2026, DigitalOcean Holdings, Inc. (the "Company") issued a press release announcing certain preliminary, unaudited financial results for the fiscal quarter ended June 30, 2026 (the "Preliminary Results"). The Preliminary Results reflect the Company's current estimates based on information available to management as of the date of the press release and are subject to the completion of the Company's normal quarter-end closing procedures, including final adjustments. Actual results may differ from the Preliminary Results presented herein.
The full text of the press release containing the Preliminary Results is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Expects Q2 aEBITDA margin and non-GAAP Net Income per Share at or above high end of guidance
Signed an additional 20 MW of committed data center capacity for 2027/2028
Projects higher exit 2026 growth rate as demand for AI-Native Cloud continues to grow
Broomfield, CO — July 7, 2026 — DigitalOcean Holdings, Inc. (NYSE: DOCN), the AI-Native Cloud, purpose-built for inference and agentic workloads, today announced its continued customer traction with multiple nine-figure annual customer commitments for inference and cloud products added in the quarter. The Company’s remaining performance obligations (RPO) are expected to grow more than 10X from the second quarter of fiscal year 2025 to more than $800 million, with weighted average life increasing from 1.6 years to over 3 years.
“We continue to win the world’s most sophisticated AI customers and demand continues to accelerate. Customers recognize the differentiation of our AI-Native Cloud platform, appreciate how easy we make it to scale their businesses, and seek the total cost of ownership advantage that we provide them,” said Paddy Srinivasan, CEO of DigitalOcean. “By working directly with our customers to build capabilities, such as our Inference Router that balances price and performance across both closed and open source models, we continue to extend our software advantage and further separate ourselves from bare-metal GPU rental companies.”
In addition, the Company has also secured an incremental 20 MW of additional data center capacity that is expected to come online in late 2027 and early 2028, bringing DigitalOcean's total committed data center capacity to approximately 155 MW. The Company continues to actively pursue additional incremental capacity to support accelerating customer demand.
For Q2 2026, the Company expects year over year revenue growth of approximately 29%, and projects to be at or above the top end of the range of its previously provided guidance for aEBITDA margin and non-GAAP Net Income per Share. The Company also expects this customer momentum to positively impact the previously provided guidance for exit 2026 revenue growth. The Company will provide more details in its upcoming earnings release.
A reconciliation of non-GAAP measures to corresponding GAAP measures is not available on a forward-looking basis at this time without unreasonable effort due to the uncertainty and potential variability of expenses that may be incurred in the future. We are not able to assess the probable significance of the unavailable information at this time and these factors could be material to our results computed in accordance with GAAP. The financial guidance presented in this release are estimates based on information available as of the date of this release. There can be no assurance that our actual results will not differ from the financial guidance presented in this release.