Q3 2025 Performance Highlights - DigitalOcean exceeded Q3 revenue and profitability guidance[18] - The company delivered 16% year-over-year revenue growth[18] - Incremental organic ARR reached $44 million, the highest in the company's history[18] - Trailing twelve month adjusted free cash flow margin was 21%[18] Large Customer Traction - Customers with more than $1 million in annualized run-rate reached $110 million in total ARR, growing 72% year-over-year[19] - Multiple eight-figure committed contracts were signed after the quarter closed[19] Updated Outlook - The company is increasing its 2025 and 2026 revenue and adjusted free cash flow outlook[19] - DigitalOcean is increasing investment in data center and GPU capacity to further accelerate growth while maintaining attractive margins[19] Q3 2025 Financial Results - Q3 2025 revenue was $230 million, a 16% increase year-over-year[20] - Annual Run-rate Revenue ("ARR") reached $919 million, a 16% increase year-over-year[20] - Net Dollar Retention Rate ("NDR") was 99%[20]

Core Points - HII's Ingalls Shipbuilding division has successfully completed builder's sea trials for the guided missile destroyer Ted Stevens (DDG 128), marking a significant milestone in the construction of the second Flight III destroyer [1][2] - The trials tested the ship's engineering, navigation, and combat systems to ensure readiness for future acceptance trials and delivery to the U.S. Navy [1][2] - The Flight III Arleigh Burke-class destroyers incorporate advanced capabilities, including the AN/SPY-6(V)1 radar and Aegis Baseline 10 Combat System, designed to address modern threats [5] Company Overview - HII has delivered 35 Arleigh Burke-class destroyers to the U.S. Navy, including the first Flight III destroyer, USS Jack H. Lucas (DDG 125), in June 2023 [6] - Currently, HII has five Flight IIIs under construction, including Ted Stevens (DDG 128) and others [6] - HII is the largest military shipbuilder in the U.S. with a history of over 135 years in advancing national security [11] Strategic Initiatives - HII announced a partnership with several shipyards and fabricators to increase throughput and meet the growing demand for ships by the U.S. Navy [7] - This initiative includes selecting outfitted structural units for Arleigh Burke-class destroyers to be constructed and later integrated at Ingalls [7] Employment and Economic Impact - Ingalls Shipbuilding is the largest manufacturing employer in Mississippi, having designed and built amphibious ships and destroyers for over 86 years [8]