DOCN on NYSE

DigitalOcean

Logo: DigitalOcean, Public domain, via Wikimedia Commons5

American cloud infrastructure provider

DigitalOcean Holdings, Inc. is an American multinational technology company and cloud service provider. The company is headquartered in Broomfield, Colorado, US, with 15 globally distributed data centers. DigitalOcean provides developers, startups, and SMBs with cloud infrastructure-as-a-service platforms.3 Its shares trade on NYSE under the symbol DOCN.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

Aug 2011Founded1

Compare with HUYA Inc., Bumble or DoubleVerify Holdings, Inc., or pick any stock.

  • TickerDOCN on NYSE1
  • Industrycloud computing1
  • HeadquartersNew York City1
  • Websitewww.digitalocean.com
  • Legal formlimited liability company1
  • Incorporated inDE6
  • Business address105 Edgeview Drive, Suite 425, Broomfield, Co 800216
  • Filer categoryLarge accelerated filer6
  • LEI549300EDRXGWOG3MUL204
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O Corporation Service Company, 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 51187874
DigitalOcean screenshot
Photo: Dimon4ezzz, CC BY-SA 4.0, via Wikimedia Commons9

DigitalOcean Holdings, Inc. is an American multinational technology company and cloud service provider. The company is headquartered in Broomfield, Colorado, US, with 15 globally distributed data centers. DigitalOcean provides developers, startups, and SMBs with cloud infrastructure-as-a-service platforms.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

59.9%Gross margin10
17.4%Operating margin10
28.8%Net margin10
15.5%Revenue growth, 202510
$180.5MFree cash flow10

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue40¢$361.8M
  • Research and development18¢$161.6M
  • Other costs7¢$66.1M
  • Income tax6¢$52.6M
  • Profit29¢$259.3M

Out of $901.4M in revenue.10

Where each dollar of operating cash went, fiscal 2025

  • Capital spending42¢$129.1M
  • Share buybacks27¢$82.1M
  • Kept or used elsewhere32¢$98.4M

Out of $309.6M of cash from operations.10

Financial statements

Revenue1112131410$901.4M in 2025+254% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $254.8M$254.8M20192020: $318.4M$318.4M2020+25%2021: $428.6M$428.6M2021+35%2022: $576.3M$576.3M2022+34%2023: $692.9M$692.9M2023+20%2024: $780.6M$780.6M2024+13%2025: $901.4M$901.4M2025+15%
Gross profit1112131410$539.6M in 2025+307% since 2019
0$200.0M$400.0M$600.0M2019: $132.6M$132.6M20192020: $172.8M$172.8M2020+30%2021: $258.0M$258.0M2021+49%2022: $364.4M$364.4M2022+41%2023: $397.5M$397.5M2023+9%2024: $465.9M$465.9M2024+17%2025: $539.6M$539.6M2025+16%
Operating income1112131410$157.0M in 2025
-$50.0M0$50.0M$100.0M$150.0M$200.0M2019: -$29.9M-$29.9M20192020: -$15.8M-$15.8M2020−47%2021: -$11.2M-$11.2M2021−29%2022: -$25.7M-$25.7M2022+130%2023: $11.9M$11.9M20232024: $91.0M$91.0M2024+665%2025: $157.0M$157.0M2025+73%
Net income1112131410$259.3M in 2025
-$100.0M0$100.0M$200.0M$300.0M2019: -$40.4M-$40.4M20192020: -$43.6M-$43.6M2020+8%2021: -$19.5M-$19.5M2021−55%2022: -$27.8M-$27.8M2022+43%2023: $19.4M$19.4M20232024: $84.5M$84.5M2024+335%2025: $259.3M$259.3M2025+207%

Every line of the income statement as filed: the last 3 fiscal years, latest first.10

Period ending2025-12-312024-12-312023-12-31
Revenue$901.4M$780.6M$692.9M
Cost of revenue$361.8M$314.7M$295.4M
Gross profit$539.6M$465.9M$397.5M
Research and development$161.6M$142.5M$136.9M
Sales and marketing$82.4M$71.6M$65.1M
General and administrative$138.5M$160.9M$162.7M
Restructuring and other charges$0$0$20.9M
Total operating expenses$382.6M$374.9M$385.6M
Income from operations$157.0M$91.0M$11.9M
Interest expense-$17.9M-$9.1M-$8.9M
Gain on extinguishment of debt, net$48.1M$0$0
Interest income and other income, net$19.5M$15.8M$23.8M
Other income, net$49.7M$6.7M$14.9M
Income before taxes$206.7M$97.7M$26.8M
Income tax benefit (expense)$52.6M-$13.2M-$7.4M
Net income attributable to common stockholders$259.3M$84.5M$19.4M
Basic (in dollars per share)$2.83$0.92$0.22
Diluted (in dollars per share)$2.52$0.89$0.20
Basic (in shares)91.5M shares91.6M shares90.1M shares
Diluted (in shares)105.3M shares94.5M shares96.4M shares

Compare DigitalOcean with another company

Corporate structure

DigitalOcean is part of a group headed by DIGITALOCEAN HOLDINGS, INC.. 13 entities, 12 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of DigitalOcean

  • DIGITALOCEAN HOLDINGS, INC. New York, New York, United States
    • DigitalOcean New York, New York, United States
      • Cloudways FZ-LLC Subsidiary · United Arab Emirates
      • Cloudways Ltd Subsidiary · Malta
      • Cloudways Platform (Private) Limited Subsidiary · Pakistan
      • Digital Droplet Mexico S.A. de C.V. Subsidiary · Mexico
      • Digital Ocean Canada Inc. Subsidiary · Canada
      • DigitalOcean Australia Pty Ltd Subsidiary · Australia
      • DigitalOcean Droplet Limited Subsidiary · United Kingdom
      • DigitalOcean EU B.V. Subsidiary · Netherlands
      • DigitalOcean EU B.V. (French Branch) Subsidiary · France
      • DigitalOcean EU B.V. (German Branch) Subsidiary · Germany
      • Droplet Offshore Services Private Limited Subsidiary · India

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What DigitalOcean reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$1.2B10 Dec 31, 2025$949.6M10 Dec 31, 2024+26.5%
Accumulated depreciation$524.8M10 Dec 31, 2025$439.7M10 Dec 31, 2024+19.4%
Property and equipment, net$589.1M10 Dec 31, 2025$432.5M10 Dec 31, 2024+36.2%
Operating-lease assets (leased space)$270.9M10 Dec 31, 2025$187.9M10 Dec 31, 2024+44.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$254.5M10 Dec 31, 2025$428.4M10 Dec 31, 2024−40.6%
Marketable securities, current$014 Dec 31, 2024$94.5M14 Dec 31, 2023−100.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$348.7M10 Dec 31, 2025$348.7M10 Dec 31, 20240%
Intangible assets, net (excluding goodwill)$99.5M10 Dec 31, 2025$117.7M10 Dec 31, 2024−15.5%
Indefinite-lived intangibles (excluding goodwill)$46.7M10 Dec 31, 2025$44.8M10 Dec 31, 2024+4.1%
Accumulated amortization$69.0M10 Dec 31, 2025$48.9M10 Dec 31, 2024+41.0%
Finite-lived intangibles, net$52.8M10 Dec 31, 2025$72.9M10 Dec 31, 2024−27.5%

Properties, in its own words

Our headquarters is located in Broomfield, Colorado, where we lease approximately 4,400 square feet. The lease terminates in February 2028.

We also have entered into leases for small office spaces in a number of locations. Additionally, we have entered into leases with data center operators to operate 20 current and upcoming data centers worldwide, including in the United States, Australia, Canada, Germany, India, the Netherlands, Singapore and the United Kingdom. We do not own any real property. We believe that our current facilities are adequate to meet our current needs and that additional or substitute space is available if needed to accommodate growth and expansion.

Item 2 of the 10-K filed Feb 24, 2026.17

The story

In 2003, brothers Ben and Moisey Uretsky, who founded ServerStack, a managed hosting business, wanted to create a new product that would combine web hosting and virtual server and target entrepreneurial software developers.

In 2012, the Uretskys met co-founder Mitch Wainer following Wainer's response to a Craigslist job listing. The company launched their beta product in January 2012. In mid-2012, the founding team consisted of Ben Uretsky, Moisey Uretsky, Mitch Wainer, Jeff Carr, and Alec Hartman. DigitalOcean accepted the offer of TechStars 2012's startup accelerator in Boulder, Colorado, and the founders moved to Boulder to work on the product. At the end of the accelerator program in August 2012, the company had signed up 400 customers and launched around 10,000 cloud server instances. On January 16, 2018, new droplet (virtual machines) plans were introduced. In May 2018, the company announced the launch of its Kubernetes-based container service.

In June 2018, Mark Templeton, former CEO of Citrix, replaced co-founder Ben Uretsky as the company's CEO. In July 2019, Yancey Spruill, former CFO and COO of SendGrid (a fellow Techstars company), replaced Templeton as CEO. Bill Sorenson, former CFO of EnerNOC, was appointed as the company's new CFO. Spruill left DigitalOcean in February 2024.

In September 2021, DigitalOcean announced plans to acquire Nimbella, a serverless startup. In March 2022, the company acquired CSS-Tricks, a learning website for front-end developers.

In May 2022, the company released DigitalOcean Functions. Based on technology acquired from Nimbella and the open source Apache OpenWhisk project, DigitalOcean Functions is a serverless platform that allows developers to build and run applications without having to manage servers.

In August 2022, DigitalOcean acquired Cloudways, a Pakistani cloud hosting service provider, for $350 million in an all-cash deal.

In March 2025, Flexential announced a partnership with DigitalOcean to expand its GPU infrastructure. The partnership involves a phased deployment of high-density GPU servers at Flexential's Atlanta-Douglasville data center, aimed at supporting AI and machine learning workloads. This expansion is expected to provide additional GPU Droplets powered by NVIDIA H200 and AMD Instinct GPUs.

Growth

On January 15, 2013, DigitalOcean became one of the first cloud-hosting companies to offer SSD-based virtual machines. Following a TechCrunch review, which was syndicated by Hacker News, DigitalOcean saw a rapid increase in customers. In December 2013, DigitalOcean opened its first European data center, located in Amsterdam. In 2014, the company continued its expansion, opening new data centers in Singapore and London. In 2015 DigitalOcean expanded further with data centers in Toronto, Canada. and Frankfurt, Germany. Later in 2016, they continued expansion to Bangalore, India.

Read the full text

Funding

The company's seed funding was led by IA Ventures and raised US$3.2 million in July 2013. Its series A round of funding in March 2014, led by venture capitalist firm Andreessen Horowitz, raised US$37.2 million. In December 2014, DigitalOcean raised US$50 million in debt financing from Fortress Investment Group in the form of a five-year term loan. In July 2015, the company raised US$83 million in its series B round of funding led by Access Industries with participation from Andreessen Horowitz. In April 2016, the company secured US$130 million in credit financing to build out new cloud services. In May 2020, DigitalOcean raised an additional $50 million from Access Industries and Andreessen Horowitz.

On March 24, 2021, DigitalOcean became a publicly traded company on the New York Stock Exchange, with their initial public offering price at $47 per share. In March 2026, DigitalOcean upsized stock offering to $800 million to fund its AI and infrastructure growth.

Blocking in Iran and Russia

Digital Ocean was blocked throughout Iran as part of its attempt to cut off use of the Lantern internet censorship circumvention tool.

According to Russian law, any host keeping its citizens' personal data needs to be located in Russian territory. This law led to a temporary block in April 2018 of Google, Amazon, Azure, and DigitalOcean, among others, in Russia by Roskomnadzor as a hosting provider for Telegram Messenger and VPS services.

From Wikipedia’s article on DigitalOcean, shared under CC BY-SA 4.0.7

Leadership

Who has led DigitalOcean, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (19)

Subsidiaries and ownership

Parent company (GLEIF)

Subsidiaries (Exhibit 21)

  • Cloudways FZ-LLC United Arab Emirates8
  • Cloudways Ltd Malta8
  • Cloudways Platform (Private) Limited Pakistan8
  • Digital Droplet Mexico S.A. de C.V. Mexico8
  • Digital Ocean Canada Inc. Canada8
  • DigitalOcean Australia Pty Ltd Australia8
  • DigitalOcean Droplet Limited United Kingdom8
  • DigitalOcean EU B.V. Netherlands8
  • DigitalOcean EU B.V. (French Branch) France8
  • DigitalOcean EU B.V. (German Branch) Germany8
  • Droplet Offshore Services Private Limited India8

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record. The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Digital Ocean, Inc.Jul 31, 2013 to Jul 14, 20156

Timeline

  1. Sep 10, 20268-K Entered a material agreement; New debt or obligation; Regulation FD disclosure41
  2. Aug 4, 20268-K Results of operations42
  3. Jul 24, 20268-K Other events43
  4. Jul 23, 20268-K Other events44
  5. Jul 7, 20268-K Results of operations45
  6. Jun 17, 20268-K Shareholder vote46
  7. May 5, 20268-K Entered a material agreement; Results of operations; New debt or obligation47
  8. Mar 26, 20268-K Other events48
  9. Feb 24, 20268-K Results of operations49
  10. Nov 26, 20258-K Executive or director change; Regulation FD disclosure50
  11. Nov 5, 20258-K Results of operations51
  12. Aug 14, 20258-K Entered a material agreement; New debt or obligation; Unregistered sale of shares52
  13. Feb 14, 2024New chief executive Padmanabhan T. Srinivasan becomes CEO18
  14. Mar 23, 2021New chief executive Yancey L. Spruill becomes CEO19
  15. Mar 5, 2012Parent Directly consolidated by DIGITALOCEAN HOLDINGS, INC.4
  16. Aug 2011Founded Founded1

Calendar

Coming up

  1. Nov 3, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $0.38 a share, on Nov 5, 2025.53

When it reported results

  1. Aug 4, 2026Reported quarterly or annual results42
  2. Jul 7, 2026Reported quarterly or annual results45
  3. May 5, 2026Reported quarterly or annual results47
  4. Feb 24, 2026Reported quarterly or annual results49
  5. Nov 5, 2025Reported quarterly or annual results51
  6. Aug 5, 2025Reported quarterly or annual results54
  7. May 6, 2025Reported quarterly or annual results55
  8. Apr 4, 2025Reported quarterly or annual results56

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

574 filings to the SEC since October 2021: 6 annual reports, 16 quarterly reports, 53 major events, 353 insider forms, 29 large holders, 117 other. The latest 20:

  1. Oct 2, 20264 EDGAR
  2. Oct 2, 20264 EDGAR
  3. Oct 2, 20264 EDGAR
  4. Oct 2, 20264 EDGAR
  5. Oct 2, 20264 EDGAR
  6. Oct 2, 20264 EDGAR
  7. Sep 22, 20264 EDGAR
  8. Sep 21, 2026144 EDGAR
  9. Sep 10, 20268-K EDGAR
  10. Sep 3, 20264 EDGAR
  11. Sep 3, 20264 EDGAR
  12. Sep 3, 2026144 EDGAR
  13. Sep 3, 2026144 EDGAR
  14. Sep 3, 2026144 EDGAR
  15. Sep 3, 20264 EDGAR
  16. Sep 3, 20264 EDGAR
  17. Aug 19, 20264 EDGAR
  18. Aug 17, 20264 EDGAR
  19. Aug 17, 2026144 EDGAR
  20. Aug 13, 2026144 EDGAR

The 574 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

83 open-market trades by officers, directors and large owners since October 2021: 1 buys and 82 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 21, 2026Srinivasan Padmanabhan TChief Executive OfficerSale11,394$140.00$1.6MForm 4
Sep 3, 2026Barrett CherieSVP, Chief Accounting OfficerSale3,985$105.73$421.3KForm 4
Sep 3, 2026Srinivasan Padmanabhan TChief Executive OfficerSale5,697$105.73$602.3KForm 4
Sep 3, 2026Steinfort MattChief Financial OfficerSale10,000$105.73$1.1MForm 4
Aug 17, 2026Srinivasan Padmanabhan TChief Executive OfficerSale5,697$129.11$735.5KForm 4
Aug 13, 2026Barrett CherieSVP, Chief Accounting OfficerSale4,456$132.37$589.8KForm 4
Aug 7, 2026Adelman Warren JDirectorSale4,200$124.01$520.8KForm 4
Jun 2, 2026Steinfort MattChief Financial OfficerSale10,000$170.07$1.7MForm 4
May 19, 2026JENSON WARRENDirectorSale20,000$147.62$3.0MForm 4
May 15, 2026Steinfort MattChief Financial OfficerSale25,000$152.50$3.8MForm 4
May 15, 2026SCHNEIDER HILARYDirectorSale4,338$156.38$678.4KForm 4
May 13, 2026Blavatnik LenSale3,300,000$150.30$496.0MForm 4
May 11, 2026Access Industries Holdings LLCSale181,147$159.97$29.0MForm 4
May 7, 2026Access Industries Holdings LLCSale210,659$150.98$31.8MForm 4
Mar 3, 2026Steinfort MattChief Financial OfficerSale20,000$55.40$1.1MForm 4
Mar 2, 2026Barrett CherieSVP, Chief Accounting OfficerSale22,000$54.77$1.2MForm 4
Sep 3, 2025Saha BratinChief Product & Tech OfficerSale13,010$31.87$414.6KForm 4
Jun 18, 2025Saha BratinChief Product & Tech OfficerSale3,461$27.77$96.1KForm 4
Jun 9, 2025Butte AmyDirectorSale5,417$29.06$157.4KForm 4
Jun 4, 2025AI Droplet Sharing LLC10% ownerSale3,496,504$28.60$100.0MForm 4

All 83 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025W. Matthew SteinfortChief Financial Officer56$540.0K$4.8M64
2025Bratin SahaFormer Chief Product & Technology Officer$465.3K$4.5M64
2025Lawrence D'AngeloChief Revenue Officer$425.0K$3.0M64
2025Padmanabhan SrinivasanChief Executive Officer51$600.0K$1.2M64
2024Padmanabhan SrinivasanChief Executive Officer51$534.1K$28.2M64
2024Bratin SahaFormer Chief Product & Technology Officer$270.8K$15.3M64
2024W. Matthew SteinfortChief Financial Officer56$540.0K$5.7M64
2024Lawrence D'AngeloChief Revenue Officer$188.9K$4.5M64
2023W. Matthew SteinfortChief Financial Officer56$470.6K$21.4M64

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Jpmorgan Chase & Co13,850,206$2.1B0.1%+9,205,031
BlackRock, Inc.8,793,205$1.4B0.0%−3,185,629
Vanguard Portfolio Management LLC4,552,940$714.9M0.0%−1,407,886
Hood River Capital Management LLC4,200,719$659.6M4.8%+713,601
Vanguard Capital Management LLC3,737,493$586.9M0.0%+270,917
Fuller & Thaler Asset Management, Inc.2,631,342$413.2M1.1%+69,298
State Street Corp2,506,974$393.7M0.0%−380,504
Two Sigma Investments, LP1,886,632$296.3M0.2%+1,697,290
Geode Capital Management, LLC1,885,861$296.2M0.0%+18,740
Citadel Advisors LLC1,765,425$277.2M0.2%−522,796
Goldman Sachs Group Inc1,682,183$264.2M0.0%−11,611
Ameriprise Financial Inc1,603,023$251.7M0.1%+105,020
Fmr LLC1,583,016$248.6M0.0%+22,325
Wellington Management Group Llp1,573,295$247.1M0.0%−1,383,571
Bank Of America Corp /de/1,540,754$241.9M0.0%−199,934
Dimensional Fund Advisors LP1,173,364$184.2M0.0%−179,865
Neuberger Berman Group LLC1,170,873$183.9M0.1%+282,853
Royal Bank Of Canada1,094,568$171.9M0.0%+55,855
Franklin Resources Inc1,074,004$168.7M0.0%+66,313
First Trust Advisors LP1,000,413$157.1M0.1%−440,738
Oberweis Asset Management Inc/930,005$146.0M3.0%+2,500
Summit Partners Public Asset Management, LLC887,435$139.4M3.6%−49,712
D. E. Shaw & Co., Inc.880,572$138.3M0.1%+873,572
Arrowstreet Capital, Limited Partnership868,635$136.4M0.1%−320,247
Voya Investment Management LLC853,648$134.0M0.1%+465,954

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How DigitalOcean is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARDigitalOcean Holdings, Inc.2
  • CIK0001582961
  • Employer ID (EIN)45-520747017
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company17
  • Incorporated inDelaware17
  • Fiscal year endsDecember 312
  • Industry code (SIC)7370 Services-Computer Programming, Data Processing, Etc.2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business address105 Edgeview Drive, Suite 425, Broomfield, CO 800212
  • Phone64682743662
  • Shares outstanding117,579,550 as of Jul 30, 202616
  • Public float$1.7B as of Jun 30, 202517
  • AuditorPricewaterhouseCoopers LLP, Denver, Colorado PCAOB ID 238; it also attests to the company’s internal control over financial reporting17
  • On EDGAR sinceJul 31, 20132
  • Filings662 in all: 4 (374), 144 (89), 8-K (57), 3 (30), 10-Q (17), SC 13G/A (10), DEFA14A (6), S-8 (6)2
    All 39 form types

    10-K (5), D (5), DEF 14A (5), SC 13G (5), SCHEDULE 13G/A (5), 4/A (4), 424B5 (4), ARS (4), CORRESP (4), SCHEDULE 13D/A (4), SC 13D/A (3), UPLOAD (3), DRSLTR (2), S-1/A (2), SCHEDULE 13G (2), 10-K/A (1), 10-Q/A (1), 144/A (1), 424B4 (1), 8-A12B (1), CERT (1), D/A (1), DRS (1), DRS/A (1), EFFECT (1), FWP (1), NT 10-Q (1), PRE 14A (1), S-1 (1), S-3ASR (1), SC 13D (1)

  • Latest filingsAnnual report (10-K) Feb 24, 2026
    Quarterly report (10-Q) Aug 4, 2026
    Proxy statement (DEF 14A) Apr 24, 2026
    Latest 8-K (8-K) Sep 10, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, par value $0.000025 per shareDOCNThe New York Stock Exchange

From the cover page of the 10-K filed Feb 24, 2026 (Section 12(b) of the Exchange Act).17

Risk factors and legal proceedings

The risks DigitalOcean names in Item 1A of its 10-K filed Feb 24, 2026: 58 risks under these headings, as written.17

  • Risks Related to Our Business and Industry
  • We expect fluctuations in our financial results, making it difficult to project future results, and if we fail to meet the expectations of securities analysts or investors with respect to our results of operations, our stock price and the value of your investment could decline.
  • We may not be able to sustain profitability in the future.
  • If we are unable to expand usage of our platform by existing customers, attract new customers and/or retain existing customers, we may not achieve the growth we expect, which would adversely affect our results of operations and financial condition.
  • We are focused on expanding the number of DNE Customers on our platform, both through expanding usage by existing customers and attracting new DNE Customers. Net new sales to DNE Customers involve risks that may not be present or that are present to a lesser extent with sales to smaller customers.
  • The market for our platform and solutions may develop more slowly or differently than we expect.
  • Our artificial intelligence and machine learning (“AI/ML”) products and services may not be successful, which could adversely affect our business operating results or financial condition.
  • We use artificial intelligence-based tools in our business operations that may present risks and challenges to our business.
  • If we fail to timely release updates and new features to our platform and adapt and respond effectively to rapidly changing technology, evolving industry standards, changing regulations, or customer needs, our platform and products may become less competitive.
  • We rely on third-party data center providers to help ensure the functionality of our platform and products. If our data center providers fail to meet the requirements of our business, or if our data center facilities experience damage, interruption or a security breach, our ability to provide access to our platform and maintain the performance of our network could be negatively impacted.
  • If our systems or those of the third parties with whom we work or our data are or were compromised, we could experience adverse consequences resulting from such compromise, including but not limited to regulatory investigations or actions, litigation, fines and penalties, disruptions to our business operations, loss of revenue or profits, loss of customers, and other adverse consequences.
  • We may not be able to successfully manage our growth, and if we are not able to grow efficiently, our business, financial condition and results of operations could be harmed.
The other 47 risks
  • If we underestimate or overestimate our data center capacity requirements and our capital expenditures on data centers, servers and equipment, our results of operations could be adversely affected.
  • We rely on a limited number of suppliers for certain components of the equipment we use to operate our network and any disruption in the availability of these components could delay our ability to expand or increase the capacity of our platform or replace defective equipment.
  • If we do not or cannot maintain the compatibility of our platform with third-party applications that our customers use in their businesses, our business will be harmed.
  • We rely heavily on the reliability, security and performance of our internally developed systems and operations. Any difficulties in maintaining these systems may result in damage to our brand, service interruptions, decreased customer service or increased expenditures.
  • We rely on our relationships with third-party software providers and other partners for certain essential financial and operational services, and a failure or disruption in these services could materially and adversely affect our ability to manage our business effectively.
  • Performance problems or defects associated with our platform may adversely affect our business, financial condition and results of operations.
  • The markets in which we participate are competitive, and if we do not compete effectively, our business, financial condition and results of operations could be harmed.
  • We may be unable to accurately predict the optimal pricing necessary to attract new customers and retain existing customers. Our pricing model subjects us to various challenges that could make it difficult for us to derive sufficient value from our customers.
  • If we fail to effectively integrate new members of our executive leadership team and senior management or if we fail to retain and motivate members of our executive leadership team and senior management team and other key employees, our business and future growth prospects could be harmed.
  • If we fail to retain and motivate, or fail to attract qualified personnel to support our operations, our business and future growth prospects would be harmed.
  • We have in the past and may in the future undertake internal restructuring activities that could result in disruptions to our business or otherwise materially harm our results of operations or financial condition.
  • Our corporate culture has contributed to our success and if we cannot maintain this culture as we grow , we could lose the innovation, creativity and entrepreneurial spirit we have worked hard to foster, which could harm our business.
  • We have in the past and may in the future be named as a defendant in litigation, including securities class action lawsuits and stockholder derivative lawsuits. Any lawsuits could result in substantial damages, divert management’s time and attention from our business, and have a material adverse effect on our results of operations. Lawsuits may be costly to defend or pursue and are uncertain in their outcome.
  • If we fail to maintain and enhance our brands, our ability to expand our customer base will be impaired and our business, financial condition and results of operations may suffer.
  • Our ability to maintain customer satisfaction depends in part on the quality of our customer support. Failure to maintain high-quality customer support could have an adverse effect on our business, results of operation, and financial condition.
  • Unfavorable conditions in our industry or the global economy, or reductions in information technology spending, could limit our ability to grow our business and negatively affect our results of operations.
  • Our current operations are international in scope, and we plan further geographic expansion, creating a variety of operational challenges.
  • We are exposed to fluctuations in currency exchange rates and interest rates, which could negatively affect our results of operations and our ability to invest and hold our cash.
  • Our international operations may subject us to potential adverse tax consequences.
  • We could be required to collect additional taxes or be subject to other tax liabilities or obligations that may increase the costs our clients would have to pay for our products and adversely affect our results of operations.
  • Our ability to use our net operating losses and other tax credits to offset future taxable income may be subject to certain limitations.
  • Changes in our effective tax rate or tax liability may have an adverse effect on our results of operations.
  • Our leverage could adversely affect our financial condition, our ability to raise additional capital to fund our operations, our ability to operate our business, our ability to react to changes in the economy or our industry, divert our cash flow from operations for debt payments and prevent us from meeting our debt obligations.
  • The capped call transactions entered into in connection with the issuance of the 2030 Convertible Notes subject us to counterparty risk, may not operate as planned and could affect the value of our common stock.
  • Our Credit Agreement currently imposes and any other debt we incur may impose significant operating and financial restrictions on us and our subsidiaries, which may prevent us from capitalizing on business opportunities.
  • We may require additional capital to support the growth of our business, and this capital might not be available on acceptable terms, if at all.
  • Acquisitions, strategic investments, partnerships, or alliances could be difficult to identify, pose integration challenges, divert the attention of management, disrupt our business, dilute stockholder value, and adversely affect our business, financial condition and results of operations.
  • Our business could be disrupted by catastrophic occurrences and similar events.
  • Risks Related to Our Regulatory Environment
  • Activities of our customers or the content on their websites could subject us to liability.
  • Our business could be affected by the enactment of new governmental regulations regarding the internet or the application of additional or different existing governmental regulation to our business, products, or services.
  • Our increased focus on the development and use of artificial intelligence and machine learning may result in reputational harm, liability or other adverse consequences to our business, results of operations or financial results.
  • Evolving data privacy and security requirements, including third-party compliance, present regulatory, litigation, and business risks.
  • Our policies regarding user privacy could cause us to experience adverse business and reputational consequences with customers, employees, suppliers, government entities, users, and other third parties.
  • We are subject to governmental export and import controls, economic sanctions, and foreign investment laws and regulations that could impair our ability to compete in international markets or subject us to liability if we are not in full compliance with applicable laws.
  • We are subject to anti-corruption, anti-bribery, anti-money laundering, and similar laws, and non-compliance with such laws can subject us to criminal or civil liability and harm our business, financial condition and results of operations.
  • Risks Related to Our Intellectual Property
  • Any failure to obtain, maintain, protect or enforce our intellectual property and proprietary rights could impair our ability to protect our proprietary technology and brand.
  • We may become subject to intellectual property claims from third parties, which may subject us to significant liability, increased costs, and impede our ability to operate our business.
  • We use open source software in our products, which could negatively affect our ability to sell our services or subject us to litigation or other actions.
  • Indemnity provisions in various agreements to which we are party potentially expose us to substantial liability for infringement or misappropriation of intellectual property rights, failure to comply with data protection requirements and other losses.
  • Risks Related to Ownership of Our Common Stock and Our Status as a Public Company
  • Our stock price may be volatile, and the value of our common stock may decline.
  • Future sales of our common stock in the public market could cause the market price of our common stock to decline.
  • Our issuance of additional capital stock in connection with financings, acquisitions, investments, our equity incentive plans or otherwise, and any conversions of our convertible notes, will dilute all other stockholders or may otherwise depress the price of our common stock.
  • We are required to maintain effective internal control over financial reporting. If we fail to maintain an effective system of internal controls, we may not be able to accurately report our financial results or prevent fraud. As a result, our stockholders could lose confidence in our financial reporting, which could harm our business and the trading price of our common stock.
  • Anti-takeover provisions in our charter documents and under Delaware law could make an acquisition of our company more difficult, limit attempts by our stockholders to replace or remove our current management and limit the market price of our common stock.
  • Our amended and restated certificate of incorporation designates the Court of Chancery of the State of Delaware and, to the extent enforceable, the federal district courts of the United States of America as the exclusive forums for substantially all disputes between us and our stockholders, which restricts our stockholders’ ability to choose the judicial forum for disputes with us or our directors, officers, or employees.
  • Risks Related to our Outstanding Convertible Notes
  • Servicing our future debt, including the 2030 Convertible Notes, may require a significant amount of cash, and we may not have sufficient cash flow from our business to pay our indebtedness.
  • The conditional conversion feature of the 2030 Convertible Notes, if triggered, may adversely affect our financial condition and operating results.

Legal proceedings

From time to time, we are involved in various legal proceedings. Defending such proceedings can be costly and can impose a significant burden on management and employees. The results of any current or future litigation cannot be predicted with certainty, and regardless of the outcome, litigation can have an adverse impact on us because of defense and settlement costs, diversion of management resources and other factors.

The opening of Item 3, Legal Proceedings.17

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
    SEC EDGAROther events
  44. 44
    SEC EDGAROther events
  45. 45
  46. 46
  47. 47
  48. 48
    SEC EDGAROther events
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64