DigitalOcean Holdings Inc.
Revenue
$230M
Net Income
$158M
DigitalOcean Holdings Inc.
Revenue
$230M
Net Income
$158M
DigitalOcean Holdings Inc.
CIK: 0001582961
Earnings Analysis
Analyzed 11 of 12 reports
Performance Summary - Q3 2025bullish (75)raised
Reality-Based Sentiment Analysisbullish75/100
Based on actual market data, not just management spin. Weighted score: 10% management tone + 40% earnings beat/miss + 30% price action + 20% guidance accuracy.
Financial Performance Trend
Overall Analysis & Outlook
Over the past 5 quarters, DigitalOcean Holdings Inc. has been consistently bullish with stable guidance. Revenue has grown 39.1% during this period. The latest quarter shows bullish sentiment with positive tone from management.
Latest Quarter Highlights:
DigitalOcean delivered strong Q3 performance with robust revenue growth, significant net income improvement, and continued expansion of higher-spend customers. The company is strategically investing in AI capabilities and maintaining an efficient go-to-market model.
Detailed Quarterly Reports
In-depth analysis of each quarter's earnings filing
Q3 2025
10-Q • Filed 11/5/2025
Summary
DigitalOcean delivered strong Q3 performance with robust revenue growth, significant net income improvement, and continued expansion of higher-spend customers. The company is strategically investing in AI capabilities and maintaining an efficient go-to-market model.
Revenue
$229.634M
Net Income
$158.371M
Guidance
Tone
Capex
$102.931M(-22.6% YoY)
Key Quotes
"Our platform simplifies cloud computing, enabling our customers to rapidly accelerate innovation and productivity."
"Growing our Higher Spend Customers is a critical focus for us, and we have successfully increased the number of these customers and their percentage of our total revenue."
Q2 2025
10-Q • Filed 8/5/2025
Summary
DigitalOcean delivered strong quarterly performance with 13% revenue growth and 93% increase in net income. The company continues to invest in AI infrastructure and expand its higher spend customer base, with net dollar retention improving to 99%.
Revenue
$218.7M
Net Income
$37.027M
Guidance
Tone
Capex
$95.16M
Partnerships
Key Quotes
"We believe that being simple, scalable and approachable are our key differentiators"
"We are investing in strategies that we believe will drive adoption by new Higher Spend Customers"
Q1 2025
10-Q • Filed 5/6/2025
Summary
DigitalOcean delivered strong Q1 2025 results with robust revenue growth and expanding higher-spend customer base. The company continues to invest in AI capabilities and platform innovations while maintaining operational efficiency.
Revenue
$210.703M
Net Income
$38.204M
Guidance
Tone
Capex
$64.975M
Partnerships
Key Quotes
"We continue to invest in our platform to further penetrate the growing markets in which we operate"
"We are investing in strategies that we believe will drive adoption by new Higher Spend Customers"
"Our product strategy is anchored in addressing the needs of our Higher Spend Customers"
Q4 2024
10-K • Filed 2/25/2025
Summary
DigitalOcean reported annual revenue of $441 million with a net loss of $22 million, focusing on growing higher spend customers and investing in AI/ML offerings. The company maintains a cautious outlook while continuing to expand its cloud computing platform globally.
Revenue
$-134.69M
Net Income
$-88.226M
Guidance
Tone
Partnerships
Key Quotes
"Being simple, scalable and approachable are our key differentiators"
"Growing our Higher Spend Customers is a critical focus for us"
"We continue to invest in our platform to further penetrate the growing markets in which we operate"
Q3 2024
10-Q • Filed 11/4/2024
Summary
DigitalOcean delivered strong quarterly performance with solid revenue growth and continued expansion of higher-spend Builders and Scalers customers. The company remains focused on simplifying cloud computing for startups and digital-native businesses, with increasing investments in AI/ML offerings.
Revenue
$198.484M
Net Income
$32.949M
Guidance
Tone
Capex
$132.886M
Key Quotes
"Our platform simplifies cloud computing, enabling our customers to rapidly accelerate innovation and increase their productivity and agility."
"We view Learners, Builders and Scalers as the most appropriate measure of our customer population."
"We had approximately 18,000 Scalers as of September 30, 2024, up from approximately 16,000 as of September 30, 2023."
Q2 2024
10-Q • Filed 8/8/2024
Summary
DigitalOcean delivered strong Q2 results with revenue growth and continued expansion of its Builders and Scalers customer segments. The company remains focused on cloud computing for startups and growing technology businesses, with investments in AI/ML and platform capabilities.
Revenue
$192.476M
Net Income
$19.138M
Guidance
Tone
Capex
$75.534M
Key Quotes
"We view Learners, Builders and Scalers as the most appropriate measure of our customer population"
"We generate revenue from the usage of our cloud computing platform by our customers"
"Our cloud platform was designed with simplicity in mind to ensure that startups and growing technology businesses can spend less time managing their infrastructure"
Q1 2024
10-Q • Filed 5/10/2024
Summary
DigitalOcean delivered solid Q1 2024 results with revenue growth and return to profitability, driven by continued expansion of their cloud platform targeting startups and growing technology businesses. The company is strategically investing in AI/ML and platform offerings while maintaining operational efficiency.
Revenue
$184.73M
Net Income
$14.139M
Guidance
Tone
Capex
$45.228M
Key Quotes
"We offer mission-critical solutions across Infrastructure-as-a-Service, Platform-as-a-Service, Software-as-a-Service, and AI/ML offerings."
"Our cloud platform was designed with simplicity in mind to ensure that startups and growing technology businesses can spend less time managing their infrastructure and more time building innovative applications."
Q4 2023
10-K • Filed 2/21/2024
Summary
DigitalOcean reported a full year revenue of $476.71 million with net income of $20.83 million, highlighting cautious growth and strategic focus on AI/ML through the Paperspace acquisition. The company is navigating challenging market conditions and regulatory complexities.
Revenue
$-35.3M
Net Income
$35.927M
Guidance
Tone
Partnerships
Key Quotes
"Our business will suffer if the market for our solutions proves less lucrative than projected"
"We continue to make investments in areas of strategic focus as we seek to develop new, innovative offerings"
Q3 2023
10-Q • Filed 11/2/2023
Summary
DigitalOcean delivered solid Q3 2023 performance with revenue growth and positive net income. The company continues to focus on cloud infrastructure for SMBs, recently acquiring Paperspace to enhance AI/ML capabilities. A restructuring plan is underway to optimize cost structure.
Revenue
$177.062M
Net Income
$19.175M
Guidance
Tone
Capex
$67.077M
Partnerships
Key Quotes
"The acquisition and integration of Paperspace's advanced technology into the Company's platform will extend the Company's offerings, enabling customers to more easily test, develop and deploy artificial intelligence and machine learning applications"
"In February 2023, the Company initiated a restructuring plan to adjust its cost structure and accelerate its timeline to achieve greater than 20% adjusted free cash flow margins"
Q2 2023
10-Q • Filed 8/11/2023
Summary
DigitalOcean delivered Q2 revenues of $169.8M with a small net income of $0.665M. The company is undergoing a restructuring plan to reduce costs and improve margins, while making strategic AI-related acquisitions like Paperspace.
Revenue
$169.814M
Net Income
$0.665M
Guidance
Tone
Capex
$46.848M
Partnerships
Key Quotes
"We initiated the Restructuring Plan to adjust our cost structure and accelerate our timeline to achieve greater than 20% adjusted free cash flow margins"
"The acquisition and integration of Paperspace's advanced technology will extend our offerings, enabling customers to more easily test, develop and deploy artificial intelligence and machine learning applications"
Q1 2023
10-Q • Filed 5/9/2023
Summary
DigitalOcean reported quarterly revenue of $165.1 million with a net loss of $34.9 million, reflecting ongoing challenges in cost management. The company initiated a restructuring plan to achieve better cash flow margins and reduce headcount across geographic footprints.
Revenue
$165.134M
Net Income
$-34.937M
Guidance
Tone
Capex
$25.108M
Key Quotes
"We initiated a restructuring plan to adjust our cost structure and accelerate our timeline to achieve greater than 20% adjusted free cash flow margins"
"Macroeconomic conditions could cause a decrease in business investments on information technology"
Sector Comparison
How DOCN performs vs Technology sector and Cloud Infrastructure peers
Sector Ranking (Technology)
Category Ranking (Cloud Infrastructure)
Key Metrics vs Averages
DOCN
$229.634M
Cloud Infrastructure Avg
$229.634M
Technology Avg
$703.219M
DOCN
-22.6%
Cloud Infrastructure Avg
-22.6%
Technology Avg
-22.6%
Guidance: raised • Tone: positive