DigitalOcean raises 2026 and 2027 revenue outlook after ai-driven earnings beat.

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  "detected_at": "2026-05-05T22:29:51+00:00",
  "company": {
    "name": "DigitalOcean",
    "domain": "digitalocean.com"
  },
  "data": {
    "url": "https://siliconangle.com/2026/05/05/digitalocean-raises-2026-2027-revenue-outlook-ai-driven-q1-beat",
    "title": "DigitalOcean raises 2026 and 2027 revenue outlook after ai-driven earnings beat.",
    "amount": "$258 million",
    "excerpt": "DigitalOcean raises 2026 and 2027 revenue outlook after ai-driven earnings beat.\n\nShares of DigitalOcean Holdings Inc. rocketed more than 40% today after the developer-oriented cloud infrastructure provider topped Wall Street targets in its fiscal 2026 first quarter.\n\nIt also lifted its revenue outlook for both 2026 and 2027 on what it called accelerating demand for inference and agentic artificial intelligence workloads.\n\nFor the quarter that ended on March 31, DigitalOcean reported adjusted earnings per share of 44 cents, down from 56 cents per share in the same quarter of last year, on revenue of $258 million, up 22% year-over-year. Analysts had been expecting earnings of 26 cents per share and revenue of $249.68 million.\n\nThe headline numbers were overshadowed by the company's artificial intelligence metrics. AI customer annual run-rate revenue jumped 221% from a year earlier, to $170 million, while annual recurring revenue from customers spending more than $1 million annually rose 179%, to $183 million.\n\nTotal annual recurring revenue ended the quarter at $1.03 billion, also up 22%. The company added a record $62 million in incremental organic annual recurring revenue during the quarter. It ended the quarter with more than 650,000 customers across 20 data centers in five regions.\n\n\"The inference and agentic era needs its own cloud,\" Chief Executive Officer Paddy...",
    "summary": "DigitalOcean, Inc. had revenue of $258M on Mar 31st '26.",
    "category": "has_revenue",
    "found_at": "2026-05-05T22:29:51Z",
    "planning": false,
    "image_url": "https://d15shllkswkct0.cloudfront.net/wp-content/blogs.dir/1/files/2025/08/digitaloceanup.png",
    "confidence": 0.1969,
    "published_at": "2026-05-05T22:29:51Z",
    "effective_date": "2026-03-31",
    "article_sentence": "For the quarter that ended on March 31, DigitalOcean reported adjusted earnings per share of 44 cents, down from 56 cents per share in the same quarter of last year, on revenue of $258 million, up 22% year-over-year.",
    "amount_normalized": 258000000
  }
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