Digitalocean

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📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Digitalocean(DOCN.US) DigitalOcean Expects Record Q2 Results, RPO to Surpass $800 Million

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ DigitalOcean expects 𝐫𝐞𝐜𝐨𝐫𝐝 𝐐𝟐 𝟐𝟎𝟐𝟔 financial results.

➤ 𝐑𝐏𝐎 is projected to exceed 𝐨𝐯𝐞𝐫 $𝟖𝟎𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧, up more than 𝟏𝟎𝐱 year over year.

➤ RPO is expected to increase by 𝐨𝐯𝐞𝐫 $𝟓𝟓𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 during Q2.

➤ Weighted average RPO duration is projected to rise from 𝟏.𝟔 to 𝐨𝐯𝐞𝐫 𝟑 𝐲𝐞𝐚𝐫𝐬.

➤ Q2 revenue growth is expected at 𝐚𝐩𝐩𝐫𝐨𝐱𝐢𝐦𝐚𝐭𝐞𝐥𝐲 𝟐𝟗%, up from 𝟏𝟒% a year earlier.

➤ Growth was driven by multiple 𝐧𝐢𝐧𝐞-𝐟𝐢𝐠𝐮𝐫𝐞 annual AI inference and cloud customer commitments.

➤ DigitalOcean expects results at or above the top end of prior 𝐚𝐝𝐣𝐮𝐬𝐭𝐞𝐝 𝐄𝐁𝐈𝐓𝐃𝐀 and 𝐧𝐨𝐧-𝐆𝐀𝐀𝐏 𝐄𝐏𝐒 guidance.

➤ The company secured an additional 𝟐𝟎 𝐌𝐖 of data center capacity, bringing total committed capacity to 𝐚𝐩𝐩𝐫𝐨𝐱. 𝟏𝟓𝟓 𝐌𝐖.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤ Rising RPO provides stronger 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 𝐯𝐢𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐲 over future years.

➤ Large AI customer commitments highlight accelerating 𝐝𝐞𝐦𝐚𝐧𝐝 for AI infrastructure.

➤ Expanded data center capacity supports future 𝐀𝐈 and cloud workload growth.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤ "We continue to win the world's most sophisticated AI customers and demand continues to accelerate." — 𝐏𝐚𝐝𝐝𝐲 𝐒𝐫𝐢𝐧𝐢𝐯𝐚𝐬𝐚𝐧, CEO of DigitalOcean.