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DigitalOcean Announces First Quarter 2026 Financial Results

$DOCNPress releaseMay 5, 2026, 7:00 AM ETRead the release

DigitalOcean delivered strong Q1 results with revenue of $258 million, up 22% year-over-year, driven by a 221% surge in AI Customer ARR to $170 million. The company raised its full-year 2026 revenue growth outlook to 26% and now expects 2027 revenue growth to exceed 50%, citing robust demand and incremental committed data center capacity.

Key figures

Eps
0.15
Revenue
258000000
Guidance
Q2 2026 revenue $272M-$274M; FY26 revenue $1.130B-$1.145B (25%-27% growth); FY27 revenue growth expected >50%
Revenue Yoy
22%
Adjusted ebitda
105000000
Ai customer arr
170000000
Adjusted ebitda margin
41%
Adjusted free cash flow
2000000
Million dollar customer arr
183000000

AI analysis

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