DigitalOcean to Report Q3 Earnings Tuesday, With Revenue Growth Expected to Rise to 33.5%

DigitalOcean will report third-quarter earnings on Tuesday before market open, with the market expecting revenue growth of 33.5% year on year, according to the FinancialContent Business Page. The cloud computing platform, which trades on the NYSE under DOCN, beat analysts' revenue expectations last quarter.

DigitalOcean's Q2 Beat and Q3 Expectations

DigitalOcean reported revenues of $281.2 million last quarter, up 28.6% year on year. The company posted a strong quarter, with an impressive beat of analysts' billings estimates and full-year EPS guidance exceeding analysts' expectations.

For the quarter to be reported Tuesday, the market expects revenue growth of 33.5% year on year, improving from the 15.7% increase recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. DigitalOcean has a history of exceeding Wall Street's expectations.

Among peers in the data and analytics software segment, Commvault delivered year-on-year revenue growth of 13.1%, beating analysts' expectations by 0.7%, while Strategy reported a revenue decline of 2.5%, falling short of estimates by 1.4%.

DigitalOcean's AI-Native Cloud and Customer Base

DigitalOcean is a public cloud infrastructure provider serving more than 600,000 developers, startups, and AI-native businesses through a five-layer AI-Native Cloud platform spanning GPU infrastructure, inference, data, and managed agents across 20 global data centers, according to akta.pro company records. The company was founded in 2012 and is headquartered in Broomfield, USA.

In the recent quarter, AI customer revenue was $170 million, with 221% year-over-year growth, the same records show. DigitalOcean launched its AI-Native Cloud platform in April 2026, unveiling a five-layer architecture with more than 15 new AI products positioned as the first cloud built end-to-end for inference and agentic workloads.

DigitalOcean's Recent AI Partnerships and Products

In October 2026, DigitalOcean announced Agent Learning and Data Services ahead of its Open Intelligence Summit, adding self-improving agent capabilities to its cloud stack, FinancialContent Business Page reported. DigitalOcean and Bright Data also announced a partnership bringing Bright Data's web data tools to DigitalOcean Managed Agents via Action Gateway, according to Stock Titan.

Earlier in October 2026, DigitalOcean said it was integrating VAST Data's AI Operating System into its AI-native cloud, combining compute, data, and security for agent workloads, Blocksandfiles reported. The partnership claims to cut boot times from 120 to 15 seconds and reduce operational overhead by unifying storage and databases.

What to Watch in DigitalOcean's Q3 Report

DigitalOcean will report its third-quarter results on Tuesday before market open.