DigitalOcean Announces First Quarter 2025 Financial Results [Yahoo! Finance]
DigitalOcean Holdings, Inc. (DOCN)
Company Research
Source: Yahoo! Finance
NEW YORK, May 06, 2025 BUSINESS WIRE )--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for digital native enterprises, today announced results for its first quarter ended March 31, 2025. "The momentum we generated in 2024 in both core cloud and AI continued into Q1, as we grew total revenue 14% year-over-year, our highest quarterly growth rate since Q3 2023, with AI ARR continuing to grow north of 160% year-over-year, and we delivered more than 50 new product features, over 5 times as many as we delivered in Q1 of last year." said Paddy Srinivasan, CEO of DigitalOcean. "The strong execution of our strategy, with product innovation and go-to-market efforts focused on digital native enterprises, drove revenue from $100K+ ARR customers up 41% year over year and to 23% of total revenue. We continue to make clear progress executing our plan, solidifying our leading position as the simple, scalable and approachable Cloud." First Quarter 2025 Financial Highlights:
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DOCN
Earnings
- 11/5/25 - Beat
DOCN
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- DOCN's page on the SEC website