secwatch.observer — SEC 8-K summary
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Issuer:     DigitalOcean Holdings, Inc. (DOCN)
CIK:        0001582961
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001582961-24-000120
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DigitalOcean Q2 revenue $192M (+13% YoY); net income $19M; guides Q3 $196-197M
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- GAAP net income $19M, diluted EPS $0.20; non-GAAP diluted EPS $0.48.
- Adjusted EBITDA $82M (42% margin), up 13% YoY; ARR $781M (+15% YoY).
- AI/ML ARR grew >200% YoY; GPU droplets (NVIDIA H100) launched in early access.
- Q3 2024 guidance: revenue $196-197M; adjusted EBITDA margin 37-38%; non-GAAP EPS $0.39-0.41.
- FY 2024 guidance: revenue $770-775M; adj. EBITDA margin 37-39%; adj. FCF margin 15-17%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1582961/000158296124000120/0001582961-24-000120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1582961/000158296124000120/docn-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001582961-24-000120

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