DigitalOcean Holdings reported a $42.61 million net loss

Item 1. Financial Statements (unaudited)

Condensed Consolidated Balance Sheets as of September 30, 2026 and December 31, 2025

2

Condensed Consolidated Statements of Operations for the Three and N ine Months Ended September 30, 2026 and 2025

3

Condensed Consolidated Statements of Comprehensive Income (Loss) for the Three and Nine Months Ended September 30, 2026 and 2025

4

Condensed Consolidated Statements of Stockholders' Equity (Deficit) for the Three and Nine Months Ended September 30, 2026 and 2025

5

Condensed Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2026 and 2025

7

Notes to Condensed Consolidated Financial Statements

9

Item 6.

Exhibits

43

Signatures

45

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-Q contains forward-looking statements about us and our industry that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this Quarterly Report on Form 10-Q, including statements regarding our future results of operations or financial condition, business strategy and plans and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will" or "would" or the negative of these words or other similar terms or expressions. Forward-looking statements contained in this Quarterly Report on Form 10-Q include, but are not limited to, statements about: our future financial performance, including our revenue, cost of revenue, gross profit, and operating expenses; trends in our key business metrics; our ability to successfully retain and expand usage of our existing customers and attract new customers; the amount of remaining performance obligations that we expect to recognize as revenue over future periods; our growth and product strategy for our agentic inference cloud platform; our ability to operate our business and effectively manage our scale under evolving macroeconomic conditions, such as geopolitical conflicts, tariffs and trade tensions, inflationary pressures, interest rate fluctuations, and foreign currency exchange rate volatility; our ability to effectively manage our growth and future expenses; the sufficiency of our cash and cash equivalents, cash flow from operations and availability under our credit facility to meet our liquidity needs; and other statements regarding our future operations, financial condition,

ITEM 1. FINANCIAL STATEMENTS DIGITALOCEAN HOLDINGS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except share amounts) (unaudited)

Marketable securities 178,645 —

Accounts receivable, less allowance for credit losses of $ 7,289 and $ 6,374 , respectively

139,811 90,908

Prepaid expenses and other current assets 86,234 81,598

Operating lease right-of-use assets, net 704,847 270,854

Debt, current

Finance lease liabilities and equipment financing obligations, current 204,778 31,411

Debt, long-term

149,578 970,653

Operating lease liabilities, long-term 519,533 166,895

Finance lease liabilities and equipment financing obligations, long-term 718,821 99,103

Other non-current liabilities — 6,188

Total liabilities 2,319,058 1,866,395

Commitments and contingencies (Note 10)

Preferred stock ($ 0.000025 par value per share; 10,000,000 shares authorized; 0 shares issued and outstanding as of September 30, 2026 and December 31, 2025)

— —

Total stockholders' equity (deficit)