DigitalOcean Holdings, Inc.

Filing receipts

“Cost of Revenue Three Months Ended March 31, 2026 2025 $ Change % Change (in thousands) Cost of revenue $ 113,195 $ 81,259 $ 31,936 39 % Cost of revenue increased for the three months ended March 31, 2026 compared to 2025 primarily due to data center expansions which drove increases of $15.6 million in depreciation and amortization related to data center infrastructure additions, $9.0 million in co-location costs, $3.6 million in ancillary equipment costs and $3.7 million in other costs, net.”

“The change is primarily due to an $8.3 million increase in interest expense mostly driven by interest on our Term Loan Facility and equipment financing arrangements, a $4.1 million increase in unrealized losses related to foreign currency fluctuations from our operations, a $2.7 million loss incurred on extinguishment of our Term Loan Facility, and a $0.8 million decrease in interest income resulting from lower average interest rates.”

“31 The following table presents a reconciliation of net income attributable to common stockholders, the most directly comparable financial measure stated in accordance with GAAP, to adjusted EBITDA for each of the periods presented: Three Months Ended March 31, (In thousands) 2026 2025 GAAP Net income attributable to common stockholders $ 15,771 $ 38,204 Adjustments: Depreciation and amortization 45,475 29,210 Stock-based compensation 22,507 19,432 Interest expense 10,553 2,208 Income tax expense 8,725 3,176 Loss on extinguishment of debt 2,700 — Interest income and other income, net (1) (1,178) (5,946) Adjusted EBITDA $ 104,553 $ 86,284 As a percentage of revenue: Net income margin 6 % 18...”