The cloud provider reported Q2 EPS of $0.45 and lifted full-year revenue guidance to $1.17B-$1.18B, citing AI-driven demand.
DigitalOcean posted Q2 non-GAAP earnings per share of $0.45, surpassing the $0.26 estimate, while revenue grew 29% year-over-year. The company also raised its 2026 revenue outlook to $1.17B-$1.18B, up from prior forecasts, and projected EPS of $1.35-$1.40.
Analysts had expected lower revenue growth and earnings for the quarter. The revised guidance reflects stronger demand from AI-native customers and increased usage of inference and core cloud services.
Shares climbed following the announcement, reflecting investor confidence in the company’s growth trajectory.