people · May 21, 2026
DigitalOcean Reports Q1 2026 Revenue of $258 Million with 22% Year-over-Year Growth
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DigitalOcean Holdings Inc. reported Q1 2026 revenue of $258 million, up 22% year-over-year with sequential acceleration of over 400 basis points from Q4 2025. AI customer ARR reached $170 million, up 221% year-over-year, while $1 million-plus customer ARR hit $183 million, up 179% year-over-year. The company launched the DigitalOcean AI-Native Cloud in April 2026 with 15 new products across five layers and added production AI customers including Cursor, Ideogram, and Higgsfield AI. CEO Padmanabhan Srinivasan and CFO Matt Steinfort led the earnings call on May 5, 2026.
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