DigitalOcean secures $725M equipment financing facility for AI capacity expansion

DigitalOcean Holdings, Inc.

New $725M committed equipment finance facility with MUFG Bank as admin agent; accordion up to $300M to $1.025B.
Advances fund up to 90% of equipment cost; leases mature Sept 10, 2030; interest = term SOFR swap + 2.75%.
Proceeds to fund GPU, CPU, and other equipment for AI-Native Cloud capacity expansion in 2027-2028.
CFO Matt Steinfort reaffirms Q3 and FY2026 guidance and 2027 outlook.
Facility guaranteed by company and subsidiaries; secured by equipment; covenants consistent with existing credit agreement.

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