{"schema_version":"secwatch.filing_event.v1","accession":"0001582961-23-000020","form_type":"8-K","ticker":"DOCN","cik":"0001582961","company_name":"DigitalOcean Holdings, Inc.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.511005+00:00","generated_at":"2026-06-15T09:08:01.655365+00:00","sec_items":["2.02","9.01","5.02"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"DigitalOcean Q1 revenue up 30% to $165M, non-GAAP EPS $0.28; CAO departs","bullets":["Revenue $165.1M (+30% YoY), ARR $669.1M (+28%), gross margin 56%.","GAAP net loss $34.9M ($0.37 loss per share); non-GAAP diluted EPS $0.28.","Repurchased 7.8M shares for $266M in Q1; shareholders returned $266M total.","Q2 guidance: revenue $169.5-170.5M, non-GAAP EPS $0.40-0.41; FY 2023 revenue $700-720M.","Chief Accounting Officer Adrienne Calderone departs; CFO Matt Steinfort interim CAO."],"urls":{"canonical":"https://secwatch.observer/filing/0001582961-23-000020","json":"https://secwatch.observer/filing/0001582961-23-000020.json","markdown":"https://secwatch.observer/filing/0001582961-23-000020.md","text":"https://secwatch.observer/filing/0001582961-23-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1582961/000158296123000020/0001582961-23-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1582961/000158296123000020/docn-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T09:08:01.655365+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8eb7f62ca0e6236fed863c0993aaae64233b1895","claim":"DigitalOcean Holdings, Inc. reported first quarter ended March 31, 2023 results: revenue $165.1 million, net income Net loss attributable to common stockholders was $34.9 million, EPS Net loss per share was $(0.37).","evidence_excerpt":"First Quarter 2023 Financial Highlights: • Revenue was $165.1 million, an increase of 30% year-over-year. • Annual Run-Rate Revenue (ARR) ended the quarter at $669.1 million, representing 28% year-over-year growth. • Gross profit of $93.3 million or 56% of revenue. • Net loss attributable to common stockholders was $34.9 million. • Adjusted EBITDA was $56.2 million and adjusted EBITDA margin was 34%. • Net loss per share was $(0.37) and non-GAAP diluted net income per share was $0.28. • Cash, cash equivalents, and marketable securities was $613 million as of March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1582961/000158296123000020/0001582961-23-000020-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$165.1 million"},{"label":"Net income","value":"Net loss attributable to common stockholders was $34.9 million"},{"label":"EPS","value":"Net loss per share was $(0.37)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9cb6dbeacf642944033fb24e0cb543562c7d6cea","claim":"DigitalOcean Holdings, Inc. reported second quarter of 2023 results: revenue $169.5 to $170.5 million, EPS Non-GAAP diluted net income per share of $0.40 to $0.41. Guidance initiated.","evidence_excerpt":"Financial Outlook: Based on information available as of May 9, 2023, for the second quarter of 2023 we expect: • Total revenue of $169.5 to $170.5 million. • Adjusted EBITDA margin of 37% to 38%. • Non-GAAP diluted net income per share of $0.40 to $0.41. • Fully diluted weighted average shares outstanding of approximately 103 million shares.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1582961/000158296123000020/0001582961-23-000020-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2023"},{"label":"Revenue","value":"$169.5 to $170.5 million"},{"label":"EPS","value":"Non-GAAP diluted net income per share of $0.40 to $0.41"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"7a8b014a33","claim":"W. Matthew Steinfort was appointed as Chief Accounting Officer (interim) at DigitalOcean Holdings, Inc..","evidence_excerpt":"W. Matthew Steinfort, the Company’s Chief Financial Officer, will serve as the Company’s interim Chief Accounting Officer until a replacement has been appointed.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1582961/000158296123000020/0001582961-23-000020-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed as interim Chief Accounting Officer"},{"label":"Role","value":"Chief Accounting Officer (interim)"}],"fact_type":"executive_change"},{"claim_id":"d28df7b361","claim":"Adrienne Calderone resigned as Chief Accounting Officer at DigitalOcean Holdings, Inc..","evidence_excerpt":"On May 3, 2023, the Company and Adrienne Calderone, the Company’s Chief Accounting Officer, agreed that, following a brief transition period, Ms. Calderone will no longer be employed by the Company and will no longer hold any offices with the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1582961/000158296123000020/0001582961-23-000020-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Accounting Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}