DigitalOcean(DOCN)

Search documents
DigitalOcean(DOCN) - 2023 Q3 - Earnings Call Presentation
2023-11-02 20:44
Community Enabling faster, lower cost innovation without locking users into a proprietary stack Developer & SMB Cloud 2018-2023+ VPS Hosting 2012-2015 Cloud Infrastructure 2015-2018 Essential elements to help developers and growing SMBs scale such as Managed Kubernetes, Managed Databases, Marketplace, App Platform, Functions, Managed Hosting and AI/ML Customers in 190 Countries Asia 24% of revenue Amsterdam Frankfurt London Toronto Bangalore Singapore New York San Francisco Europe 29% of revenue RoW 10% of ...
DigitalOcean(DOCN) - 2023 Q3 - Quarterly Report
2023-11-01 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-40252 DigitalOcean Holdings, Inc. (Exact Name of Registrant as Specified in Its Charter) (State or other juri ...
DigitalOcean(DOCN) - 2023 Q2 - Quarterly Report
2023-08-10 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-40252 DigitalOcean Holdings, Inc. (Exact Name of Registrant as Specified in Its Charter) (State or other jurisdict ...
DigitalOcean(DOCN) - 2023 Q2 - Earnings Call Transcript
2023-08-04 02:07
DigitalOcean Holdings, Inc. (NYSE:DOCN) Q2 2023 Earnings Conference Call August 3, 202316:30 ET Company Participants Rob Bradley - Vice President of Investor Relations Yancey Spruill - Chief Executive Officer Matt Steinfort - Chief Financial Officer Conference Call Participants Raimo Lenschow - Barclays Patrick Walravens - JMP Securities Mike Cikos - Needham Pinjalim Bora - JP Morgan Quinton Gabrielli - Piper Sandler Timothy Horan - Oppenheimer Operator Hello and thank you for standing by. My name is Regina ...
DigitalOcean(DOCN) - 2023 Q1 - Earnings Call Transcript
2023-05-09 14:45
DigitalOcean Holdings, Inc. (NYSE:DOCN) Q1 2023 Earnings Conference Call May 9, 2023 8:00 AM ET Company Participants Rob Bradley - Vice President, Investor Relations Yancey Spruill - Chief Executive Officer Matt Steinfort - Chief Financial Officer Conference Call Participants Wamsi Mohan - Bank of America Michael Turits - KeyBanc Raimo Lenschow - Barclays Mike Cikos - Needham Brad Reback - Stifel Pinjalim Bora - JP Morgan Gabriela Borges - Goldman Sachs Quinton Gabrielli - Piper Sandler Operator Thank you f ...
DigitalOcean(DOCN) - 2023 Q1 - Quarterly Report
2023-05-08 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-40252 DigitalOcean Holdings, Inc. (Exact Name of Registrant as Specified in Its Charter) (State or other jurisdic ...
DigitalOcean(DOCN) - 2022 Q4 - Annual Report
2023-02-21 16:00
Revenue Growth - Revenue from higher spend customers represented 85% of total revenue in 2022, up from 83% in 2021 and 79% in 2020[34] - Average revenue per customer (ARPU) increased significantly from $47.78 in 2020 to $75.19 in 2022[34] - Net dollar retention (NDR) rose from 103% in 2020 to 115% in 2022, indicating strong revenue growth from existing customers[39] - The number of higher spend customers increased to approximately 144,000 in 2022, up from 100,000 in 2021[39] - Approximately two-thirds of the company's revenue in 2022 came from customers located outside the United States[59] Customer Engagement and Community - DigitalOcean's community ecosystem attracted over 8 million monthly unique visitors, enhancing customer engagement and content generation[37] - The company emphasizes community engagement, with over 7,500 technical tutorials available to support developers in creating modern applications[69] Product and Service Expansion - The company launched its Australia data center in November 2022 and plans to expand into additional new locations[42] - DigitalOcean acquired Cloudways in Q3 2022, adding a managed hosting offering and a significant number of higher spend customers[44] - The company introduced performance upgrades to its storage offerings in 2022, aiming to enhance functionality and increase usage[48] - The company launched a new Dedicated CPU Managed MongoDB in 2022, improving performance and enabling easier database migration[49] - The company operates the DigitalOcean Marketplace, which features over 250 preconfigured one-click applications, streamlining the deployment process for developers[52] Innovation and Investment - The company continues to invest in innovative products and features, particularly in IaaS, PaaS, and SaaS markets, to meet the evolving needs of its customers[40] - The company launched the DigitalOcean Partner Pod program to enhance partnership opportunities and drive revenue growth[55] Financial Position - As of December 31, 2022, the company had cash, cash equivalents, and marketable securities totaling $864 million[372] - The company issued Convertible Notes with an aggregate principal amount of $1.5 billion in November 2021[373] - A hypothetical 10% increase in interest rates would have decreased the fair value of available-for-sale securities by approximately $23 million[372] Employee and Diversity Initiatives - The company has a total of 1,204 employees, with 524 located outside the United States[77] - In 2022, the company allocated over $1.1 million in cash and $150,000 in infrastructure credits to more than 900 organizations[90] - The company has published its second annual diversity, equity, inclusion, and belonging report, highlighting progress in workforce diversity[86] - The company maintains a global compensation program aimed at promoting a pay-for-performance culture[80] Security and Compliance - The company has implemented a comprehensive information security program, achieving AICPA SOC 2 Type II certification and Cloud Security Alliance (CSA) STAR Level 1[63] Intellectual Property - The company has filed applications for registration for one additional trademark in the United States and two additional trademarks in various non-U.S. jurisdictions[94] - The company has four issued patents scheduled to expire in 2039 and 2040, with pending applications that could expire in 2039 and 2042[94] Risk Management - The company has not entered into any hedging arrangements regarding foreign currency risk, although it may consider doing so in the future[375]
DigitalOcean(DOCN) - 2022 Q4 - Earnings Call Transcript
2023-02-16 16:34
DigitalOcean Holdings, Inc. (NYSE:DOCN) Q4 2022 Earnings Conference Call February 16, 2023 8:00 AM ET Company Participants Rob Bradley - Vice President, Investor Relations Yancey Spruill - Chief Executive Officer Matt Steinfort - Chief Financial Officer Conference Call Participants Jim Breen - William Blair Gabriela Borges - Goldman Sachs Tim Horan - Oppenheimer Jim Fish - Piper Sandler Eric Heath - KeyBanc Capital Markets Wamsi Mohan - Bank of America Vinod Srinivasaraghavan - Barclays Operator Good mornin ...
DigitalOcean(DOCN) - 2022 Q3 - Earnings Call Transcript
2022-11-07 23:06
DigitalOcean Holdings, Inc. (NYSE:DOCN) Q3 2022 Earnings Conference Call November 7, 2022 4:30 PM ET Company Participants Rob Bradley - Vice President, Investor Relations Yancey Spruill - Chief Executive Officer Bill Sorenson - Chief Financial Officer Conference Call Participants Raimo Lenschow - Barclays Gabriela Borges - Goldman Sachs Pinjalim Bora - JPMorgan James Breen - William Blair Tim Horan - Op. Co. Pat Walravens - JMP Securities James Fish - Piper Sandler Wamsi Mohan - Bank of America Operator Goo ...
DigitalOcean(DOCN) - 2022 Q3 - Quarterly Report
2022-11-06 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-40252 DigitalOcean Holdings, Inc. | --- | --- | --- | |----------------------------------------------------|- ...