DigitalOcean Reports Q3 Revenue of $321 Million, Raises 2026 Outlook
Third-quarter revenue rose 40% year over year to $321 million; adjusted EPS was $0.45 versus FactSet consensus of $0.32. The company guided fourth-quarter revenue to $348 million–$351 million and adjusted EPS to $0.30–$0.32, and raised its 2026 revenue expectation to approximately $1.21 billion.
DigitalOcean Holdings, Inc. announced its financial results for the third quarter ended September 30, 2026, reporting revenue of $321 million, a 40% increase year-over-year. The company posted an adjusted EPS of $0.45, surpassing the FactSet consensus estimate of $0.32. Management highlighted record growth in Annual Run-Rate Revenue (ARR), which reached $1.285 billion, driven by significant gains in AI customer ARR and million-dollar customer accounts.
Looking ahead, the company provided fourth-quarter 2026 revenue guidance in the range of $348 million to $351 million and an adjusted EPS range of $0.30 to $0.32. DigitalOcean also raised its full-year 2026 revenue expectation to approximately $1.21 billion.