11:51 AM EDT, 08/05/2025 (MT Newswires) -- (Updates with stock move in the headline and first paragraph.)

DigitalOcean's ( DOCN ) shares rose past 25% in recent Tuesday trading after the company reported Q2 non-GAAP net income of $0.59 per diluted share, up from $0.48 a year earlier.

Analysts polled by FactSet expected $0.47.

Revenue for the quarter ended June 30 was $218.7 million, up from $192.5 million a year earlier.

Analysts surveyed by FactSet expected $216.6 million.

The company said it expects Q3 non-GAAP net income of $0.45 to $0.50 per diluted share on total revenue of $226 million to $227 million. Analysts surveyed by FactSet expect $0.47 and $223.6 million, respectively.

DigitalOcean ( DOCN ) said it now expects its full-year 2025 non-GAAP net income to be in a range of $2.05 to $2.10 per diluted share, up from the previous range of $1.85 to $1.95. Total revenue for the year is now expected to be in a range of $888 million to $892 million, compared with the previous range of $870 million to $890 million. Analysts polled by FactSet expect EPS of $1.95 on revenue of $881.9 million.

Price: 34.02, Change: +7.01, Percent Change: +25.95