DigitalOcean's Q3: AI Drives Growth, New Data Centers in 2026
Update: 2025-11-12
Description
DigitalOceans Q3 results surpassed expectations, with revenue of $229.6M, a 30% increase YoY. AI-driven cloud services and larger businesses drove growth. CEO Srinivasan noted demand for AI services exceeded supply. Analysts asked about competitor outages and new data centers, with DigitalOcean confirming existing data centers can manage initial demand, and new capacity expected in early 2026. The company will monitor AI demand and customer adoption of new platform features.
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