Nov 3, 8:18 AM ET
DigitalOcean reported third-quarter 2026 revenue of $321 million, up 40% year over year, and raised its fourth-quarter 2026 and full-year 2027 growth outlook. Its GAAP net loss was $43 million, including a $57 million induced conversion expense tied to a partial repurchase of its 2030 Convertible Notes. The company also agreed to an at-the-market program to sell up to $1.0 billion of common stock, which could dilute existing shareholders.
- Q3 2026 revenue was $321 million, up 40% year over year; ARR ended the quarter at $1,285 million.
- Net loss attributable to common stockholders was $43 million, or $0.37 per diluted share, including a $57 million induced conversion expense.
- Q4 2026 revenue guidance is $348 to $351 million, up 44% to 45%; full-year 2026 revenue guidance is $1.208 to $1.211 billion.
- Equity distribution agreement dated November 2, 2026 with eight managers allows sales of up to $1.0 billion of common stock, with commissions of up to 2.0% of gross proceeds.
Read the filing on SEC.gov ↗
Sep 10, 4:05 PM ET
DigitalOcean and its subsidiary entered into a $725 million equipment finance facility with MUFG entities to fund data center equipment, with an accordion feature that could raise total commitments to $1.025 billion. The company says it intends to exercise the accordion in full, subject to new or existing lenders committing, and the facility is guaranteed by the parent and certain subsidiaries and secured by the equipment. The new debt-like obligation carries fixed rates tied to term SOFR swaps plus 2.75% and financial covenants, and the CFO said the company remains highly confident in its 2026 guidance.
- Committed financing of up to $725 million; advances can fund up to 90% of equipment cost, with the balance paid as prepaid rent
- Accordion can add up to $300 million, for up to $1.025 billion in total, subject to lender commitments
- Advances available until September 10, 2027; rent amortizes each advance in full by September 10, 2030
- Each advance bears a fixed rate equal to term SOFR swap rate plus 2.75%; undrawn commitment fee of 0.20% rising to 0.40% six months after closing
Read the filing on SEC.gov ↗
Aug 4, 7:01 AM ET
DigitalOcean reported second-quarter 2026 revenue of $281 million, up 29% year over year, and raised its full-year 2026 revenue outlook to $1.170 billion to $1.180 billion. GAAP net income attributable to common stockholders fell 4% to $35 million, and diluted earnings per share were $0.29 versus $0.39 a year earlier, so shareholders see faster sales growth alongside lower GAAP profit.
- Q2 2026 revenue was $281 million, up 29%; operating income was $29 million, down 18%.
- Net income attributable to common stockholders was $35 million, down 4%; diluted EPS was $0.29 versus $0.39 a year earlier.
- Full-year 2026 revenue outlook is $1.170 billion to $1.180 billion, up 30% to 31% year over year.
- Third-quarter 2026 revenue guidance is $304 million to $307 million, up 32% to 34%.
Read the filing on SEC.gov ↗
Jul 7, 9:05 AM ET
DigitalOcean said in a July 7, 2026 press release that it expects Q2 2026 revenue growth of about 29%, up from 14% in the same quarter of 2025, and that its remaining performance obligations will exceed $800 million. The company also expects its adjusted EBITDA margin and non-GAAP net income per share to be at or above the high end of its previously provided guidance. These are preliminary, unaudited figures subject to quarter-end closing adjustments, so final results may differ.
- Q2 2026 revenue growth expected at about 29%, versus 14% in Q2 2025
- RPO expected to exceed $800 million, up more than $550 million in the quarter
- Adjusted EBITDA margin and non-GAAP EPS expected at or above the high end of guidance
- Secured an additional 20 MW of data center capacity for late 2027 and early 2028
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.