---
schema_version: "secwatch.filing_event.v1"
accession: "0001582961-22-000037"
form_type: "8-K"
ticker: "DOCN"
cik: "0001582961"
company_name: "DigitalOcean Holdings, Inc."
filed_at: "2022-08-08T23:59:59+00:00"
generated_at: "2026-06-24T02:47:56.365155+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DigitalOcean Q2 revenue $133.9M (+29% YoY); raises FY22 FCF outlook to 9-10%

## Summary
- Q2 revenue $133.9M (+29% YoY); ARR $544.1M (+28%). Non-GAAP diluted EPS $0.20.
- Operating loss $7.4M; non-GAAP operating income $22.3M (17% margin).
- Repurchased ~10M shares in Q2; cash & securities $1.2B.
- CFO Bill Sorenson to retire by Aug 2023; search for successor started.
- Q3 guidance: revenue $145.5-147M, non-GAAP EPS $0.22-0.23. FY22 revenue $564-568M.

## SEC filing metadata
- accession: 0001582961-22-000037
- form_type: 8-K
- ticker: DOCN
- cik: 0001582961
- company_name: DigitalOcean Holdings, Inc.
- filed_at: 2022-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1582961/000158296122000037/0001582961-22-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1582961/000158296122000037/docn-20220805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001582961-22-000037
- JSON: https://secwatch.observer/filing/0001582961-22-000037.json
- Plain text: https://secwatch.observer/filing/0001582961-22-000037.txt

## Key facts
- Executive change
  William Sorenson departed as Chief Financial Officer at DigitalOcean Holdings, Inc..
  - Action: retire
  - Role: Chief Financial Officer
  source text: The Transition Agreement provides that Mr. Sorenson will retire from employment with the Company, effective August 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1582961/000158296122000037/0001582961-22-000037-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.