Digital Realty is experiencing robust revenue growth, with a 28.9% YoY increase in 2026Q2 to $1.9B, driven by AI and cloud demand. However, this growth is accompanied by significant volatility in NOI margins, which swung from 55.7% in 2025Q2 to -3.8% in 2026Q1...
Price trend, volume and key moving averages
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Revenue growth accelerated to 28.9% YoY in 2026Q2, reaching $1.9B, but NOI margin volatility, swinging from 55.7% to -3.8%, indicates potential non-cash adjustments distorting profitability.
Digital Realty’s data center capacity is being driven by surging demand for AI workloads and hyperscale cloud customers. The company’s PlatformDIGITAL infrastructure positions it to capture this growth as enterprises migrate to private AI and cloud services.
DLR’s extensive global presence and PlatformDIGITAL capabilities enable scalable, secure data center solutions across regions. This geographic reach supports enterprise clients seeking multi‑region deployments and redundancy.
Collaborations with Dell Technologies, DXC Technology, and Nvidia strengthen DLR’s market position and accelerate private AI adoption. These partnerships provide access to cutting‑edge technology and joint customer pipelines.
Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 23, 2026 | $1.21+150.6% vs $0.48 | $1.9B+16.1% vs $1.7B |
Q2 2026 Apr 23, 2026 | $0.46+4.2% vs $0.44 | $1.6B+2.1% vs $1.6B |
Q1 2026 Feb 5, 2026 | $0.24-16.5% vs $0.29 | $1.6B+3.7% vs $1.6B |
Q4 2025 Oct 23, 2025 | $0.17-44.9% vs $0.31 | $1.6B+3.2% vs $1.5B |
Digital Realty expands its AI infrastructure reach as Blackfuel deploys its inference platform at BCN1 in Barcelona with liquid cooling and private connectivity.
DLR remains a key REIT holding as strong data center demand drives robust business momentum and financial performance. DLR achieved a record $1.9 billion backlog and delivered a 25.4% cash rent bump in Q2 2026, supporting multi-year double-digit growth. Renewal activity is exceptional, with management raising guidance and targeting Core FFO per share of $8.15–$8.20.
AUSTIN, Texas, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Digital Realty ( NYSE: DLR ), the world's largest cloud- and carrier-neutral data center platform, today announced that it will release financial results for the third quarter of 2026 after the market closes on Thursday, October 29, 2026. The company will host a conference call to discuss these results at 5:00 p.m.
Digital Realty Trust NYSE: DLR is seeing early signs that agentic artificial intelligence workloads are expanding demand for interconnected data center capacity, with Chief Financial Officer Matt Mercier pointing to record activity in smaller deployments, cross-connects and related connectivity products.
Benchmark DLR against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Digital Realty Trust, Inc. (DLR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $178.55 | $66.06B | 49.87 | 10.04% | 21.41% | 5.45% | 2.75% | |
| $1025.72 | $101.21B | 74.54 | 5.85% | 15.6% | 10.75% | — | |
| $113.39 | $33.74B | 231.41 | 12.22% | 5.54% | — | — | |
| $162.20 | $75.58B | 30.09 | 5.11% | 30.88% | 32.39% | — | |
| $66.44 | $29.03B | 65.14 | -35.06% | 25.83% | — | — | |
| $158.49 | $16.81B | 16.17 | 5.06% | 34.51% | — | — |
Digital Realty Trust, Inc. (DLR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Digital Realty Trust, Inc. (DLR) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 19, 2026·SEC
Jul 23, 2026·SEC
Jul 1, 2026·SEC
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Digital Realty Trust, Inc. (DLR) stock FAQ — growth, dividends, profitability & financials explained
Digital Realty Trust, Inc. (DLR) reported $6.85B in revenue for fiscal year 2025. This represents a 10756% increase from $63.1M in 2003.
Digital Realty Trust, Inc. (DLR) grew revenue by 10.0% over the past year. This is steady growth.
Yes, Digital Realty Trust, Inc. (DLR) is profitable, generating $799.0M in net income for fiscal year 2025 (21.4% net margin).
Yes, Digital Realty Trust, Inc. (DLR) pays a dividend with a yield of 2.75%. This makes it attractive for income-focused investors.
Digital Realty Trust, Inc. (DLR) has a return on equity (ROE) of 5.5%. This is below average, suggesting room for improvement.
Digital Realty Trust, Inc. (DLR) generated Funds From Operations (FFO) of $2.80B in the trailing twelve months. FFO is the primary profitability metric for REITs.
