DigitalOcean Holdings, Inc. (DOCN) Q1 2025 Earnings Call Transcript


DigitalOcean Holdings, Inc. (NYSE:DOCN) Q1 2025 Earnings Conference Call May 6, 2025 8:00 AM ET

Company Participants

Melanie Strate – Head of IR
Paddy Srinivasan – CEO
Matt Steinfort – CFO

Conference Call Participants

Jason Ader – William Blair
Pinjalim Bora – JPMorgan
Gabriela Borges – Goldman Sachs
James Fish – Piper Sandler
Tom Blakey – Cantor
Kingsley Crane – Canaccord Genuity
Josh Baer – Morgan Stanley
Mark Zhang – Citi

Operator

Good day, and welcome to the DigitalOcean Q1 ’25 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] And finally, I would like to advise all participants that this call is being recorded. Thank you. I’d now like to welcome Melanie Strate, Head of Investor Relations, to begin the conference. Melanie, over to you.

Melanie Strate

Thank you, and good morning. Thank you all for joining us today to review DigitalOcean’s first quarter 2025 financial results. Joining me on the call today are Paddy Srinivasan, our Chief Executive Officer; and Matt Steinfort, our Chief Financial Officer.

Before we begin, let me remind you that certain statements made on the call today may be considered forward-looking statements, which reflect management’s best judgment based on currently available information. Our actual results may differ materially from those projected in these forward-looking statements, including our financial outlook. I direct your attention to the risk factors contained in our filings with the SEC as well as those referenced in today’s press release that is posted on our website. DigitalOcean expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements made today. Additionally, non-GAAP financial measures will be discussed on the conference call and reconciliations to the most directly comparable GAAP financial measures can be found in



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