DigitalOcean Holdings Inc.

Digital Ocean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and throughout the world. The company offers on-demand infrastructure and platform solutions to developers at developing digital startups. 

• CEO Statement-We are entering 2025 with increasing momentum - in Q4 alone, we released more than four times as many products and features as in Q4 of the previous year, increased net dollar retention to 99%, grew revenue 13% year on year, and delivered an 18% adjusted free cash flow margin," said Paddy Srinivasan, CEO of Digital Ocean.

• Our focused efforts on our higher spend customers, along with our sustained traction in AI, drove quarterly revenue for our top 500+ customers, which account for 22% of total revenue, to climb at a 37% year-over-year rate. This demonstrates obvious progress toward our strategy and reinforces our leadership position as the easy, scalable, and approachable Cloud.

• The company recorded revenue of $205 million, a 13% rise year on year.

• The company announced that Annual Run-Rate Revenue (ARR)(1) completed the quarter at $820 million, up 13% year on year.

• The company recorded a gross profit(2) of $126 million, up 22% year on year, with a gross profit margin of 62%.

• The company recorded net income attributable to common stockholders of $18 million, up 15% year on year, with a net income margin of 9%. 

• The company achieved Adjusted EBITDA of $86 million, up 17% year on year, with an adjusted EBITDA margin of 42%.

Acrobull Recommendation Based on Evaluation