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Get filing alertsDigitalOcean pre-announces Q2 2026 with RPO up 10X YoY to $800M+, revenue growth accelerating to 29%
Filed July 7, 2026 · Period ending July 7, 2026 · ~1 min read
Key Changes
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high
RPO expected to exceed $800M (up >10X YoY) with weighted average contract life extending from 1.6 to over 3 years, indicating shift to longer-term customer commitments and more predictable revenue
Exhibit 99.1 view on EDGAR → -
high
Exhibit 99.1 view on EDGAR →
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high
Added multiple nine-figure annual customer commitments for inference and cloud products during the quarter
Exhibit 99.1 view on EDGAR → -
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Secured additional 20 MW of data center capacity (coming online late 2027/early 2028), bringing total committed capacity to ~155 MW to support AI workload demand
Exhibit 99.1 view on EDGAR → -
medium
Expects Q2 adjusted EBITDA margin and non-GAAP EPS at or above high end of prior guidance; results are preliminary and subject to final quarter-end closing procedures
Item 2.02 verify on EDGAR →
Summary
DigitalOcean pre-announced preliminary Q2 2026 results showing dramatic acceleration in its AI infrastructure business. The company's remaining performance obligations are expected to exceed $800 million, up more than tenfold year-over-year, with the weighted average contract life nearly doubling from 1.6 to over 3 years.
This combination signals both explosive growth and a fundamental shift toward longer-term enterprise commitments. Revenue growth is expected to accelerate to 29% from 14% in the prior-year quarter, and the company indicated it will likely raise its full-year exit growth guidance.
The quarter included multiple nine-figure annual customer commitments—individual contracts worth at least per year—validating DigitalOcean's positioning in the AI inference market and its ability to win large enterprise deals. To support this demand, the company secured an additional 20 MW of data center capacity (roughly 15% increase) scheduled for late 2027 and early 2028, bringing total committed capacity to approximately 155 MW. Profitability metrics are expected at or above the high end of prior guidance. These are preliminary results subject to final quarter-end procedures, but the magnitude of the RPO growth and contract duration extension represent a material inflection in the business model.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
Item 2.02 — Results of Operations and Financial Condition filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On July 7, 2026, DigitalOcean Holdings, Inc. (the "Company") issued a press release announcing certain preliminary, unaudited financial results for the fiscal quarter ended June 30, 2026 (the "Preliminary Results"). The Preliminary Results reflect the Company's current estimates based on information available to management as of the date of the press release and are subject to the completion of the Company's normal quarter-end closing procedures, including final adjustments. Actual results may differ from the Preliminary Results presented herein.
DigitalOcean disclosed preliminary, unaudited financial results for the quarter ended June 30, 2026. These are management's current estimates and remain subject to final quarter-end closing procedures and adjustments. The company cautions that actual results may differ from these preliminary figures.
Event · Exhibit 99.1
DigitalOcean pre-announces Q2 2026 results with RPO exceeding $800M (up 10X YoY), 29% revenue growth acceleration, and 20 MW additional data center capacity.
Added in current filing · view on EDGAR →
DigitalOcean expects to report record Q2 2026 results with RPO to exceed $800M, up more than 10X year over year Revenue growth expected to accelerate to 29%, up from 14% in same quarter 2025 RPO expected to increase by over $550M in Q2 2026 Expects Q2 aEBITDA margin and non-GAAP Net Income per Share at or above high end of guidance
DigitalOcean pre-announced Q2 2026 results showing significant acceleration in its business metrics. Remaining performance obligations (RPO) are expected to exceed $800 million, representing more than a 10-fold increase year-over-year, with an increase of over $550 million in the quarter alone. The company also expects to meet or exceed the high end of its prior guidance for adjusted EBITDA margin and non-GAAP net income per share.
Added in current filing · view on EDGAR →
The Company’s remaining performance obligations (RPO) are expected to grow more than 10X from the second quarter of fiscal year 2025 to more than $800 million, with weighted average life increasing from 1.6 years to over 3 years.
The weighted average life of DigitalOcean's remaining performance obligations has nearly doubled from 1.6 years to over 3 years. This extension indicates customers are signing longer-term commitments, which provides greater revenue visibility and suggests stronger customer confidence in the platform. Combined with the 10X growth in absolute RPO, this represents a fundamental shift in the company's contract structure toward more durable, predictable revenue streams.
Added in current filing · view on EDGAR →
DigitalOcean Holdings, Inc. (NYSE: DOCN), the AI-Native Cloud, purpose-built for inference and agentic workloads, today announced its continued customer traction with multiple nine-figure annual customer commitments for inference and cloud products added in the quarter.
DigitalOcean added multiple nine-figure annual customer commitments during Q2 2026 for its inference and cloud products. These commitments represent individual customer contracts worth at least annually, marking a significant increase in deal size and customer scale for the company. This validates the company's positioning in the AI infrastructure market and its ability to win large enterprise customers.
Added in current filing · view on EDGAR →
In addition, the Company has also secured an incremental 20 MW of additional data center capacity that is expected to come online in late 2027 and early 2028, bringing DigitalOcean's total committed data center capacity to approximately 155 MW.
DigitalOcean secured an additional 20 megawatts of data center capacity scheduled to come online in late 2027 and early 2028, bringing total committed capacity to approximately 155 MW. This expansion represents a roughly 15% increase in committed capacity and is intended to support accelerating customer demand for AI workloads. The company noted it continues to actively pursue additional incremental capacity beyond this commitment.
Added in current filing · view on EDGAR →
The Company also expects this customer momentum to positively impact the previously provided guidance for exit 2026 revenue growth.
This suggests the company will likely raise its full-year growth outlook when it reports detailed Q2 results, reflecting sustained acceleration in demand for its AI-Native Cloud platform.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 17, 2026 · How we verify