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AI brief of an SEC Form 8-K · DigitalOcean (DOCN)

DigitalOcean raises 2026 revenue outlook to 26% growth; Q1 net income falls 59%

Mixed Impact 4 of 5 earnings Written later

DigitalOcean reported first-quarter 2026 revenue of $258 million, up 22% year-over-year, and raised its 2026 revenue growth outlook to 26% and its 2027 outlook to over 50%. Net income attributable to common stockholders fell 59% to $16 million, and the company also amended its credit agreement on May 4, 2026 to add $112.5 million to its revolving credit facility.

Key points

  • Q1 2026 revenue was $258 million, up 22% year-over-year; diluted EPS was $0.15 versus $0.39 a year earlier
  • Net income attributable to common stockholders was $16 million, down 59% year-over-year; operating income was $37 million, down 3%
  • Full-year 2026 revenue guidance is $1.130 to $1.145 billion, up 25% to 27% year-over-year
  • Credit agreement amendment dated May 4, 2026 with Morgan Stanley Senior Funding adds a $112.5 million revolving credit increase and a $50 million letter of credit sublimit increase

The filing

CompanyDigitalOcean (DOCN)
Form8-K, current report
Filed with the SECMay 5, 2026, 7:05 AM ET
Accession number0001582961-26-000045

Items reported: 1.01 Material Definitive Agreement2.02 Results of Operations2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 05, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.