DigitalOcean Q4 revenue $205M (+13% YoY); FY24 net income up 335% to $84M; guides FY25 revenue $870-890M

DigitalOcean Holdings, Inc.

2024-FY EPS reported $0.89 revenue$780,615,000

Q4 revenue $205M (+13% YoY); net income $18M (+15% YoY); adjusted EBITDA $86M (42% margin).
Full year 2024 revenue $781M (+13% YoY); net income $84M (+335% YoY); adjusted EBITDA $328M (42% margin).
Q1 2025 revenue guidance $207-209M; FY2025 revenue guidance $870-890M.
Director Amy Butte not standing for reelection at 2025 annual meeting, will continue to serve until then (no disagreement).
Scalers+ customers grew 17% to 504; revenue from these customers grew 37% YoY.

item 2.02 item 9.01 item 5.02

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Departed

Amy Butte

Director

DOCN · DigitalOcean Holdings, Inc.

Filed: February 25, 2025, 6:59 PM ET

On February 21, 2025, Amy Butte, a member of the Board of Directors (the “Board”) of the Company, notified the Company of her intention not to stand for reelection at the Company’s 2025 Annual Meeting of Stockholders (the “Annual Meeting”).

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Executive change SEC 8-K Item 5.02 confidence 0.95

Amy Butte departed as Director at DigitalOcean Holdings, Inc..

Action: not stand for reelection
Role: Director

Exact text from the filing

On February 21, 2025, Amy Butte, a member of the Board of Directors (the “Board”) of the Company, notified the Company of her intention not to stand for reelection at the Company’s 2025 Annual Meeting of Stockholders (the “Annual Meeting”).

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DigitalOcean Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001582961-25-000033

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