DigitalOcean

DigitalOcean has closed an equipment financing facility of $725 million with a maturity through September 10, 2030, including an accordion option of up to $300 million. The proceeds will be used to purchase GPUs, CPUs and other hardware to increase cloud capacity for expected customer demand in 2027 and 2028. MUFG, Axos Bank, BMO and Wells Fargo served as joint arrangers; the company affirms confidence in its Q3 and full‑year 2026 forecasts and its outlook for 2027. » More on de.investing.com

At the Goldman Sachs conference, DigitalOcean unveiled a refocused AI-native cloud strategy that emphasizes inference, agent-native workflows and software-driven differentiation rather than mere GPU access. About 85% of AI revenue now comes from high-margin inference services; bare-metal accounts for roughly 15%. The company secured an additional 20 MW of capacity, introduced spot instances and a token economy, and raised growth forecasts to above 35% for end-2024 and above 50% for 2027. Management stressed that software abstraction and higher utilization should improve margins, while new products and faster release cycles will drive customer adoption. » More on de.investing.com

DigitalOcean reported adjusted EPS of $0.45 for Q2 2026 (expectation $0.25) and revenue of $281.18 million, up 29% year-over-year. Net new ARR reached a quarterly record of $93 million, AI-customer ARR rose to $234 million (+212%), and adjusted EBITDA margin was 40%. Management raised the full-year revenue outlook to about 30% and reiterated the goal of achieving over 50% growth in 2027. Despite the strong metrics, the stock fell 7.85% in premarket trading, as investors appeared to place greater weight on valuation and sustainability questions around the growth. » More on de.investing.com