DigitalOcean(DOCN) - 2024 Q4 - Annual Results

Exhibit 99.1 DigitalOcean Announces Fourth Quarter and Fiscal Year 2024 Financial Results Q4 2024 Revenue of $205 million, up 13% year-over-year; Full year 2024 revenue of$ 781 million, up 13% year-over-year 2024 Net Income was $84 million, up 335% year-over-year, at 11% margin and Adjusted EBITDA was$ 328 million, up 19% year- over-year, at 42% margin NEW YORK, February 25, 2025 – DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for growing tech companies, today announced results for i ...