NYSE$DOCN

DigitalOcean Holdings Inc. · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

DigitalOcean Holdings Inc. reported Q2 2025 revenue of $218.7 million, up 14% year-over-year, with net income of $37.0 million.

DigitalOcean achieved revenue of $218.7 million for the three months ended June 30, 2025, representing 14% growth from the prior year. Net income attributable to common stockholders reached $37.0 million, or $0.39 per diluted share. The company continued to expand its Higher Spend Customers base and reported ARR of $875 million with a net dollar retention rate of 99%.

  • Q2 revenue grew 14% year-over-year to $218.7 million, driven by 12% ARPU increase to $111.70.
  • Net income rose to $37.0 million from $19.1 million in Q2 2024, with operating income of $35.6 million.
  • ARR reached $875 million and net dollar retention rate improved to 99%.
  • Adjusted EBITDA was $89.5 million, representing 41% margin.

Headline financials

Total Revenue

$219M

Previous: $192M+13.6%
EPS (adj)

$0.39

Previous: $0.48-18.7%
Annual Run-Rate Revenue

$875M

No prior period
Adjusted EBITDA

$89.5M

No prior period
Net Dollar Retention Rate

1.0%

No prior period
Capital Expenditures

-$95.2M

Previous: -$75.5M-26.0%
Net Income

$37M

Previous: $19.1M+93.5%
Operating Income

$35.6M

Previous: $22.3M+59.5%
Gross Profit

$131M

Previous: $117M+11.6%
Cash & Equivalents

$388M

Previous: $443M-12.5%
Total Assets

$1.72B

Previous: $1.54B+11.9%

Revenue & EPS history

DigitalOcean · Revenue · Quarterly

$219M

Q2 2025+13.6%vs Q2 2024
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

DigitalOcean · $219M total across 4 segments · Q2 2025

  • Scalers
    $79M
  • Builders
    $62.8M
  • Scalers+
    $53.1M
  • Learners, Testers and Other
    $23.9M

Forward guidance

The company continues to invest in its platform and product offerings to support growth in Higher Spend Customers and AI/ML services.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+3.4%

Avg return

Earnings day

+6.1%

Avg return

5 days after

+9.3%

Avg return

30 days after

56%

14 / 25 earnings

Positive

+40.8%

Q1 2026

Best reaction

-25.3%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+40.8%+51.1%+66.1%
Q4 2025+8.2%-5.4%+44.5%
Q3 2025+17.1%+33.1%+24.4%
Q1 2025-13.3%-11.0%-15.2%
Q4 2024+9.8%+15.3%-4.4%
Q3 2024-12.2%-5.7%-2.2%
Q2 2024+17.6%+29.6%+31.4%
Q1 2024+15.6%+19.0%+14.6%
Q4 2023+5.3%-2.2%+6.2%
Q3 2023+24.9%+32.5%+55.7%
Q2 2023-25.3%-23.3%-43.1%
Q1 2023-1.8%-2.6%+28.8%
Q4 2022+7.1%+2.0%+3.3%
Q3 2022-7.8%+8.3%-8.9%
Q2 2022+2.9%+6.4%-11.7%
Q1 2022-13.4%-21.8%+15.8%
Q4 2019+6.6%+13.9%+3.4%
Q4 2021+27.6%+29.4%+22.7%
Q3 2020+6.9%+2.3%-20.2%
Q3 2021+8.5%+23.4%-11.1%
Q2 2020-7.1%-2.8%+27.9%
Q2 2021-8.2%-2.0%+24.9%
Q4 2020-9.1%-11.5%-5.2%
Q1 2020-9.1%-11.5%-5.2%
Q1 2021-5.6%-14.5%-10.6%

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