DigitalOcean Q1 FY26 net income drops 59% to $16 million; revenue rises 22% to $258 million

DigitalOcean Holdings, Inc.

DigitalOcean Holdings, Inc.

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  • DigitalOcean posted Q1 revenue of USD 258 million, up 22% year over year; net income attributable to common stockholders dropped 59% to USD 16 million.
  • Diluted EPS fell to USD 0.15 from a year earlier; operating income slipped 3% to USD 37 million.
  • ARR climbed 22% to USD 1.03 billion, while AI Customer ARR more than tripled to USD 170 million; remaining performance obligation rose to USD 243 million.
  • Paddy Srinivasan said DigitalOcean added about 60 MW of incremental committed data center capacity coming online through 2027, citing strong customer demand.
  • Company lifted full-year revenue outlook to USD 1.13 billion-USD 1.15 billion and forecast Q2 revenue of USD 272 million-USD 274 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DigitalOcean Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605050700BIZWIRE_USPR_____20260504_BW955820) on May 05, 2026, and is solely responsible for the information contained therein.