---
schema_version: "secwatch.filing_event.v1"
accession: "0001582961-24-000153"
form_type: "8-K"
ticker: "DOCN"
cik: "0001582961"
company_name: "DigitalOcean Holdings, Inc."
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:02:39.490387+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# DigitalOcean Q3 revenue $198M (+12% YoY), raises FY guidance; CRO Gadit resigns, $7.3M payment

## Summary
- Revenue $198M (+12% YoY); net income $33M (+72% YoY); adjusted EBITDA $87M (44% margin).
- GAAP diluted EPS $0.33; non-GAAP diluted EPS $0.52. Full-year revenue guidance raised to $775-777M.
- Q4 guidance: revenue $199-201M, adjusted EBITDA margin 34-38%, non-GAAP EPS $0.27-0.32.
- ARR $798M (+12% YoY); ARPU $102.51 (+11% YoY); Net Dollar Retention 97%. Launched GPU Droplets (NVIDIA H100) and GenAI Platform.
- Muhammad Aaqib Gadit resigned as CRO; Company waives service requirement and pays ~$7.3M remaining deferred consideration.

## SEC filing metadata
- accession: 0001582961-24-000153
- form_type: 8-K
- ticker: DOCN
- cik: 0001582961
- company_name: DigitalOcean Holdings, Inc.
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1582961/000158296124000153/0001582961-24-000153-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1582961/000158296124000153/docn-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001582961-24-000153
- JSON: https://secwatch.observer/filing/0001582961-24-000153.json
- Plain text: https://secwatch.observer/filing/0001582961-24-000153.txt

## Key facts
- Executive change
  Muhammad Aaqib Gadit resigned as Chief Revenue Officer at DigitalOcean Holdings, Inc..
  - Action: resigned
  - Role: Chief Revenue Officer
  source text: On October 30, 2024, Mr. Gadit resigned from the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1582961/000158296124000153/0001582961-24-000153-index.htm

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