secwatch.observer — SEC 8-K summary
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Issuer:     DigitalOcean Holdings, Inc. (DOCN)
CIK:        0001582961
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001582961-25-000084
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 1.02, 2.02, 9.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

DigitalOcean Q1 rev $211M (+14% YoY), net income $38M (+170%), new $800M credit facility
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- Revenue $211M (+14% YoY), net income $38M (+170%), diluted EPS $0.39.
- Adjusted EBITDA $86M (+16% YoY) at 41% margin; ARR $843M (+14% YoY).
- Q2 guidance: revenue $215.5-$217.5M, adj EBITDA margin 38-40%, non-GAAP EPS $0.42-$0.47.
- Entered $500M term loan + $300M revolver credit agreement to refinance 2026 convertible notes; prior facility terminated.
- Scalers+ customer revenue up 41% YoY to 23% of total revenue; NDR improved to 100%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1582961/000158296125000084/0001582961-25-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1582961/000158296125000084/docn-20250505.htm
  HTML page:      https://secwatch.observer/filing/0001582961-25-000084

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