Exhibit 99.1 DigitalOcean Announces Third Quarter 2024 Financial Results Revenue of $198 million, up 12% year-over-year; raising full year guidance Net Income was $33 million at 17% margin and Adjusted EBITDA was $87 million at 44% margin Continues innovation in product, releasing 42 new product features NEW YORK, November 4, 2024 – DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud, today announced results for its third quarter ended September 30, 2024. "We had a successful quarter, enab ...