earnings
confidence high
sentiment positive
materiality 0.78
DigitalOcean Q2 revenue up 35% to $103.8M; ARR $426M; raises FY 2021 revenue guidance
DigitalOcean Holdings, Inc.
2021-Q2 EPS reported
-$0.07
revenue$197,471,000
- Revenue $103.8M (+35% YoY); ARR $426M (+36% YoY); net dollar retention rate 113% (+1,100 bps).
- Adjusted EBITDA $31.4M (30% margin); GAAP loss from ops $2.6M vs income $1.8M year ago.
- Average revenue per customer $58.07 (+25% YoY); total customers ~602K (+9% YoY).
- Q3 2021 revenue guidance $106-109M; FY 2021 revenue guidance raised to $419-423M.
- Cash $579.4M with zero debt; launched Managed MongoDB in late Q2.