DigitalOcean Holdings, Inc. (NYSE: DOCN), the comprehensive agentic cloud, today announced results for its third quarter ended September 30, 2025.
Revenue was $230 million, an increase of 16% year-over-year.
Gross profit was $137 million, an increase of 17% year-over-year, and gross profit margin was 60%.
Net income attributable to common stockholders was $158 million, an increase of 381% year-over-year, and net income margin was 69%.
Adjusted EBITDA was $100 million, an increase of 15% year-over-year, and adjusted EBITDA margin was 43%.
The number of customers with greater than $100 thousand in Annual Run-Rate Revenue (ARR) grew 26%, while the revenue from these customers, which now represents 26% of total revenue, grew 41% year-over-year.
“DigitalOcean’s unified agentic cloud is driving accelerated momentum in Q3. Revenue increased 16% year over year and we delivered the strongest incremental organic ARR in our history,” said CEO Paddy Srinivasan.
“We are getting material traction with larger digital native enterprises, as our customers with greater than $100,000 in annual run-rate grew revenue 41% year over year, and represent 26% of total revenue, and our $1 million plus run-rate customers by themselves are over $100 million in ARR growing at 72%. Direct AI revenue more than doubled year over year for the fifth consecutive quarter.”
DOCN shares galloped $7.06, or 18.2%, to $45.85.
