secwatch.observer — SEC 8-K summary
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Issuer:     DigitalOcean Holdings, Inc. (DOCN)
CIK:        0001582961
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001582961-21-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DigitalOcean Q2 revenue up 35% to $103.8M; ARR $426M; raises FY 2021 revenue guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1582961/000158296121000017/0001582961-21-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1582961/000158296121000017/docn-20210805.htm
  HTML page:      https://secwatch.observer/filing/0001582961-21-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer