{"schema_version":"secwatch.filing_event.v1","accession":"0001582961-23-000035","form_type":"8-K","ticker":"DOCN","cik":"0001582961","company_name":"DigitalOcean Holdings, Inc.","filed_at":"2023-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.429184+00:00","generated_at":"2026-06-11T14:28:29.249010+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"DigitalOcean finalizes Q2 23 results; lowers FY non-GAAP EPS guidance to $1.40-1.44","bullets":["Q2 2023 GAAP net income $0.7M ($0.01 diluted EPS); non-GAAP net income $44.7M ($0.44 diluted EPS).","FY 2023 non-GAAP diluted EPS guidance cut from $1.70-1.73 to $1.40-1.44 due to lower revenue, higher tax, Paperspace costs, and higher share count.","Q3 2023 guidance: revenue $172.5-174M, adjusted EBITDA margin 38-39%, non-GAAP diluted EPS $0.34-0.36.","Changed non-GAAP tax methodology to a fixed 17% annual rate for 2023 to improve predictability.","Income tax expense for Q2 2023 was $3.3M; company expects to be a U.S. federal cash tax payer for full year 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001582961-23-000035","json":"https://secwatch.observer/filing/0001582961-23-000035.json","markdown":"https://secwatch.observer/filing/0001582961-23-000035.md","text":"https://secwatch.observer/filing/0001582961-23-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1582961/000158296123000035/0001582961-23-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1582961/000158296123000035/docn-20230811.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T14:28:29.249010+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":"a5a466f4b6908b6e3373c7a0cbb0e5a57be2068a","claim":"DigitalOcean Holdings, Inc. reported Q2 2023 results: net income $0.7 million, EPS $0.01. Guidance lowered.","evidence_excerpt":"Net income attributable to common stockholders was $0.7 million and diluted net income per share attributable to common shareholders was $0.01.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1582961/000158296123000035/0001582961-23-000035-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q2 2023"},{"label":"Net income","value":"$0.7 million"},{"label":"EPS","value":"$0.01"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}