DigitalOcean raises 2026 and 2027 growth outlook as AI workloads scale

Transcript intelligence

What changed

Compared with the prior-quarter analysis, management again raised its growth outlook: the current analysis cites approximately 34% FY2026 revenue growth and 60%+ FY2027 growth, versus approximately 30% for FY2026 and 50%+ for FY2027 previously. The latest analysis also emphasizes managed-agent products and ARR yield per active megawatt, including $18 million ARR per active megawatt and roughly 10x quarter-over-quarter token-volume growth.

Guidance delta

The supplied analysis says management raised its FY2026 revenue-growth outlook to approximately 34% and its FY2027 outlook to 60%+. The prior-quarter analysis cited approximately 30% for FY2026 and 50%+ for FY2027.

Key takeaways

• Transcript analysis reports Q3 revenue up 40% year over year to $321 million and record new ARR of $160 million, bringing total ARR to $1.28 billion.
• Management highlighted roughly 10x quarter-over-quarter token-volume growth and expansion of managed-agent, learning, and data services.
• The analysis cites $18 million ARR per active megawatt, with software layers and cross-selling presented as drivers of capacity yield.
• Management raised its FY2026 and FY2027 growth outlooks; funding capacity expansion and delivering returns remain central execution tests.

Management priorities

• Expand AI-native workloads and managed-agent offerings, including Agent Droplets, learning services, and data services.
• Add data-center capacity and improve yield per megawatt through software, newer GPU generations, and cross-selling core cloud services.
• Fund growth using the equipment lease facility, ATM program, and balance-sheet flexibility, while pursuing operating leverage.