capital · May 18, 2026
DigitalOcean Stock Surges Over 50% Since May 5 Earnings Release with 240% Year-to-Date Gain
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DigitalOcean Holdings Inc. stock climbed more than 50% since the May 5, 2026 earnings release and achieved a 240% gain year-to-date in 2026. CEO Paddy Srinivasan described the AI-Native Cloud as the most significant product launch in company history during the Q1 results discussion. The company raised 2026 revenue growth outlook to 26% and 2027 to over 50% after securing 60 megawatts of additional compute capacity. DigitalOcean reported Q1 2026 revenue of $258 million up 22% year-over-year with AI customer ARR at $170 million.
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