DLR
Digital RealtyPrevious close
180.70
Change
−2.21 / −1.21%
P/E (TTM) ?
83.4
Market Cap
$66.2B
1M
+2.95%
S&P 500 −0.91% over same period
Volume / Avg Volume
4.1M / 2.2M
1.87× average
Latest earnings analysisFY2026 Q2Reported 2026-07-23
Digital Realty Q2 FY2026: revenue up 28.9%, Core FFO outlook raised
Digital Realty's second quarter was a beat with an asterisk: revenue of $1.92 billion rose 28.9% year over year, Core FFO excluding net promote per share hit a record $2.13, and the 2026 outlook was raised again. Read the quarter in two layers — rent and interconnection, which is the durable business, versus promote and fee income, which is lumpy. The story is Bullish on operations, more mixed on the headline.
Read the full analysis →Revenue$1.92BYoY +28.90%
EPS (non-GAAP)$2.13Beatest. $0.50
Next-quarter revenue guidance$6.90B ±0.7%YoY +258.60%
Next-day move+11.01%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-23 | $1.9B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-23 | $1.6B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-05 | $6.1B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-23 | $1.6B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-24 | $1.5B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-24 | $1.4B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 64 of its 5-year rangeMid-range
5-year range 41.3 – 163.1 · Median 50.2
Last 4 quarters: $0 in buybacks + $1.8B in dividends, 2.65% of market cap combined
P/E (TTM)
83.4
P/B
2.4
P/S
9.8
Dividend Yield
3.58%
Earnings Reaction
Over the last 6 reports, the stock moved ±3.8% on average on the first trading day after, rising 4 times
Most recent +11.01%
Volatility & Correlation
1-year beta 0.82 · Correlation with S&P 500 0.38Tracks the market
Annualized volatility 27% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 1 · $0.04MNet selling $0.04M
- 08-27Patterson Mark RDirectorSell$0.04M200 shares · Avg price 193.96
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q1 | 1.64 | +16.2% | — | 0.18 | 0.46 |
| FY2025 Q4 | 1.63 | +13.8% | — | 0.10 | 0.22 |
| FY2025 Q3 | 1.58 | +10.2% | — | 0.07 | 0.15 |
| FY2025 Q2 | 1.49 | +10.1% | — | 1.03 | 2.94 |
| FY2025 Q1 | 1.41 | +5.7% | — | 0.11 | 0.27 |
| FY2024 Q4 | 1.44 | +4.8% | — | 0.18 | 0.50 |
| FY2024 Q3 | 1.43 | +2.1% | — | 0.05 | 0.09 |
| FY2024 Q2 | 1.36 | −0.7% | — | 0.08 | 0.20 |
| FY2024 Q1 | 1.33 | −0.6% | — | 0.28 | 0.82 |
| FY2023 Q4 | 1.37 | +11.1% | — | 0.03 | 0.03 |
| FY2023 Q3 | 1.40 | +17.6% | — | 0.73 | 2.31 |
| FY2023 Q2 | 1.37 | +19.9% | — | 0.12 | 0.34 |