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DOCN - Public offerings
DigitalOcean Holdings Inc. (DOCN) public offerings - real-time wire coverage filtered to Offerings only.
Recent Offerings for DOCN
- DigitalOcean Announces Second Quarter 2026 Financial ResultsRaising 2026 revenue outlook RPO increased to $894 million, up 12x from a year ago Q2 2026 Revenue of $281 million grew 29% year-over-year Million+ Dollar Customer ARR grew 214% year-over-year to $259 million AI Customer ARR grew 212% year-over-year to $234 million Record $93 million in incremental ARR DigitalOcean Holdings, Inc. (NYSE:DOCN), the AI-Native Cloud purpose-built for inference and agentic workloads, today announced results for its second quarter ended June 30, 2026. "Our growth rate is accelerating, as revenue grew 29% year-over-year, more than double our growth rate a year ago," said Paddy Srinivasan, CEO of DigitalOcean. "The acceleration is coming from our high
- DigitalOcean Reduces Leverage with No Effective Dilution and Minimal Cash Usage, Creating Additional Capacity to Fuel GrowthAnnounces Closing of Repurchase of ~$472 Million Aggregate Principal Amount of its 0.00% Convertible Senior Notes Due 2030 and the Concurrent Registered Direct Offering of Common Stock Creates Capacity to Support Data Center and Compute Expansion amid Accelerating AI Native Customer Demand DigitalOcean Holdings, Inc. (NYSE:DOCN), the AI-Native Cloud, purpose-built for inference and agentic workloads, today announced the closing of a private repurchase (the "Repurchase") of approximately $472 million of its 0.00% convertible senior notes due 2030 (the "2030 Convertible Notes") and a registered direct offering of shares of common stock to holders of 2030 Convertible Notes participating in
- DigitalOcean Announces Repurchase of Up to $500.0 Million Aggregate Principal Amount of 2030 Convertible Senior Notes. The Transaction Will Be Funded by a Concurrent Registered Direct Offering of Common Stock.DigitalOcean Holdings, Inc. (NYSE:DOCN), the AI-Native Cloud, purpose-built for inference and agentic workloads, today announced a cash repurchase (the "Repurchase") of a majority of its 0.00% convertible senior notes due 2030 (the "2030 Convertible Notes") and its intention to offer, subject to market and other conditions, shares of its common stock to holders of 2030 Convertible Notes participating in the Repurchase in a direct placement registered under the Securities Act of 1933, as amended (the "Registered Direct Offering"). Key Elements of the Transactions DigitalOcean intends to repurchase up to $500.0 million of the 2030 Convertible Notes in privately negotiated transactions.
- DigitalOcean Announces First Quarter 2026 Financial ResultsRaising 2026 and 2027 revenue outlook on strong customer demand and incremental committed capacity; 2027 revenue growth now expected to exceed 50% Q1 2026 Revenue of $258 million grew 22% year-over-year Million+ Dollar Customer ARR grew 179% year-over-year to $183 million AI Customer ARR grew 221% year-over-year to $170 million Delivered record $62 million in incremental organic ARR Launched DigitalOcean AI-Native Cloud DigitalOcean Holdings, Inc. (NYSE:DOCN), the AI-Native Cloud purpose-built for inference and agentic workloads, today announced results for its first quarter ended March 31, 2026. "The Inference and agentic era needs its own cloud. DigitalOcean built it, and our record
- DigitalOcean Announces Pricing of Upsized Public Offering of Common StockDigitalOcean Holdings, Inc. (NYSE:DOCN), the Agentic Inference Cloud built for production AI, announced today the pricing of an upsized underwritten offering (the "Offering") of 10,389,611 shares of its common stock for total gross proceeds of approximately $800 million. DigitalOcean has granted the underwriters a 30-day option to purchase up to an additional 1,558,441 shares of common stock at the public offering price, less the underwriting discounts and commissions. The size of the Offering was increased from the previously announced $700 million of shares of common stock. The Offering is expected to close on March 26, 2026, subject to customary closing conditions. DigitalOcean intends
- DigitalOcean Announces Proposed Public Offering of Common StockDigitalOcean Holdings, Inc. (NYSE:DOCN), the Agentic Inference Cloud built for production AI, announced today that it has commenced an underwritten public offering of $700,000,000 of its shares of common stock (the "Offering"). Additionally, DigitalOcean intends to grant the underwriters a 30-day option to purchase up to an additional $105,000,000 of shares of common stock from DigitalOcean. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering. DigitalOcean intends to use the net proceeds from the Offering (i) to make investments in additional infrastruct
- DigitalOcean Announces Closing of $625 Million Convertible Senior Notes Offering, Including Full Exercise of Initial Purchasers' $75 Million Option to Purchase Additional NotesDigitalOcean Holdings, Inc. ("DigitalOcean") (NYSE:DOCN), today announced the closing of its previously announced offering of $625 million aggregate principal amount of 0.00% convertible senior notes due 2030, including the full exercise of the initial purchasers' option to purchase an additional $75 million aggregate principal amount of the notes. DigitalOcean estimates that the total net proceeds from the offering are approximately $605.6 million, after deducting the initial purchasers' discounts and commissions and estimated offering expenses payable by DigitalOcean. The notes will mature on August 15, 2030, unless earlier converted, redeemed or repurchased by DigitalOcean. In connection
- DigitalOcean Announces Fourth Quarter and Fiscal Year 2022 Financial Results2022 Revenue Increased 34% Year-Over-Year 2022 Operating Cash Flow Increased 47% and Free Cash Flow Grew to 13% of Revenue Announces $500 Million Expansion of Share Repurchase Program DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for startups and SMBs, today announced results for its fourth quarter and fiscal year ended December 31, 2022. "Despite multiple headwinds in 2022, we delivered strong revenue growth, with significant increases in free cash flow margin," said Yancey Spruill, CEO of DigitalOcean. "We broadened our product portfolio and addressable market with the Cloudways acquisition. For 2023, our focus is to deliver on our growth initiatives, utilize the restructuring to
- DigitalOcean Announces Third Quarter 2022 Financial ResultsRevenue Increased 37% Year-over-Year Improving Profitability Drives 15% Free Cash Flow Margin DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for developers, startups and SMBs, today announced results for its third quarter ended September 30, 2022. "I'm proud that we delivered top-line acceleration combined with significant operating margin and free cash flow leverage in the third quarter, despite the difficult operating environment due to global macro challenges," said Yancey Spruill, CEO of DigitalOcean. "In addition, we made a significant investment to expand our addressable market with the acquisition of Cloudways. We will continue to leverage our capabilities to provide exception
- DigitalOcean Announces Second Quarter 2022 Financial ResultsCompany Meets Q2 Targets Despite Macro Headwinds Profitability and Cash Flow Improvement Highlight its Second Quarter Increases Operating Income and Free Cash Flow Outlook for Fiscal 2022 DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for developers, startups and SMBs, today announced results for its second quarter ended June 30, 2022. "We are taking a number of actions in the second half to deliver 30% growth with improving profitability and cash flow despite an uncertain environment driven by macroeconomic factors beyond our control," said Yancey Spruill, CEO of DigitalOcean. Second Quarter 2022 Financial Highlights: Revenue was $133.9 million, an increase of 29% year-over-year
- DigitalOcean Announces First Quarter 2022 Financial ResultsFirst Quarter Revenue Grew 36% with Net Dollar Retention of 117% Average Revenue Per Customer Increased 28% Year-over-Year Generated 4% Free Cash Flow Margin DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for developers, startups and SMBs, today announced results for its first quarter ended March 31, 2022. "Despite an uncertain macro environment, we had a good start to the year with strong growth and free cash flow," said Yancey Spruill, CEO of DigitalOcean. "We are focused on broadening our product offerings, investing in our go-to-market capabilities, both to enable our customers' success and drive consistent revenue growth combined with ramping free cash flow." First Quarter 202
- DigitalOcean Announces Fourth Quarter and Fiscal Year 2021 Financial ResultsFourth Quarter Revenue Grew 37% Driven by a Net Dollar Retention Rate of 116% Fourth Quarter Average Revenue Per Customer Increased 29% Year-over-Year Free Cash Flow was 6% of Revenue in 2021 DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for developers, startups and SMBs, today announced results for its fourth quarter and fiscal year ended December 31, 2021. "2021 was a transformational year for DigitalOcean," said Yancey Spruill, CEO of DigitalOcean. "We achieved an exciting milestone in becoming a public company, built out our executive leadership team and board, accelerated our revenue growth and achieved our first year of positive free cash flow. In 2022, we will build upon our
- DigitalOcean Announces Third Quarter 2021 Financial ResultsRevenue Growth Accelerated to 37% and Net Dollar Retention Rate Increased to 116% Average Revenue Per Customer Grew 28% Year-over-Year DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for developers, startups and SMBs, today announced results for its third quarter ended September 30, 2021. "We are excited about the continued acceleration across our business," said Yancey Spruill, CEO of DigitalOcean. "We are building the foundation for durable 30%+ revenue growth with strong free cash flow generation driven by investments in product innovation to support our customers' needs and sales and marketing initiatives to further penetrate our massive market opportunity." Third Quarter 2021 Fi
- DigitalOcean Announces Second Quarter 2021 Financial ResultsRevenue Grew 35% to $103.8 million and ARR Increased to $426 million, Up 36% year-over-year Net Dollar Retention Rate Increased to 113% and Average Revenue Per Customer Grew 25% year-over-year DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for developers, startups and SMBs, today announced results for its second quarter ended June 30, 2021. "We had an outstanding second quarter with strong revenue growth acceleration and continued improvement in our capital efficiency," said Yancey Spruill, CEO of DigitalOcean. "We are excited about the progress we have made in leveraging simplicity across our business to better serve our customers and believe we have a path to a durable 30%+ growth
- DigitalOcean Announces Date of Second Quarter 2021 Earnings Conference CallDigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for developers, startups and SMBs, announced today that it will report financial results for the second quarter ended June 30, 2021 before the market opens on Thursday, August 5, 2021. The company will also hold a conference call on the same day at 8:00 AM ET to discuss its financial results and financial outlook with the investment community. The conference call can be accessed by dialing (833) 282-0024 from the United States or (236) 714-3495 internationally with conference ID 6675755. A live webcast and replay of the conference call can be accessed from the DigitalOcean investor relations website at http://investors.digitalocean.com. F
- DigitalOcean Announces First Quarter 2021 Financial ResultsRevenue of $93.7 million, grew 29% and ARR Increased to $388 million, up 30% Adjusted EBITDA Margin Expanded by 740 bps to 33% Capex as a Percentage of Revenue decreased by more than 1800 basis points year over year DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for developers, startups and SMBs, today announced results for its first quarter ended March 31, 2021. "We are pleased that in our first quarter as a public company, we delivered faster revenue growth, higher adjusted EBITDA margin and made a substantial improvement in our capital efficiency," said Yancey Spruill, CEO of DigitalOcean. "Our initial public offering was an exciting milestone for DigitalOcean and now we are focu