Digital Realty Trust Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Digital Realty Trust Inc reported revenue of $6.1B (+10.0% year on year) and net income of $1.3B (+123.2% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Total operating revenues | $6.1B | $5.6B | $5.5B | $4.7B |
| Rental property operating and maintenance | $2.5B | $2.3B | $2.4B | $1.8B |
| Property taxes and insurance | $219.7M | $200.8M | $216.4M | $191.7M |
| Depreciation and amortization | $1.9B | $1.8B | $1.7B | $1.6B |
| General and administrative | $565.5M | $480.0M | $449.1M | $422.2M |
| Transactions and integration | $185.1M | $93.9M | $84.7M | $68.8M |
| Provision for impairment | $78.6M | $191.2M | $118.4M | — |
| Other | $3.7M | $27.1M | $7.5M | $12.4M |
| Total operating expenses | $5.5B | $5.1B | $5.0B | $4.1B |
| Operating income | $658.5M | $471.9M | $524.5M | $590.0M |
| Equity in loss of unconsolidated entities | ($32.0M) | ($120.1M) | ($29.8M) | ($13.5M) |
| Gain on disposition of properties, net | $995.6M | $595.8M | $900.5M | $176.8M |
| Other income, net | $161.1M | $154.2M | $68.4M | $8.9M |
| Interest expense | ($437.9M) | ($452.8M) | ($437.7M) | ($299.1M) |
| Gain (loss) on debt extinguishment and modifications | $9.0K | ($5.9M) | — | ($51.1M) |
| Income tax expense | ($32.0M) | ($54.8M) | ($75.6M) | ($31.6M) |
| Net income | $1.3B | $588.3M | $950.3M | $380.3M |
| Net (income) loss attributable to noncontrolling interests | ($4.6M) | $14.2M | ($1.5M) | ($2.6M) |
| Net income attributable to Digital Realty Trust, L.P. | $1.3B | $602.5M | $948.8M | $377.7M |
| Preferred stock dividends | ($40.7M) | ($40.7M) | ($40.7M) | ($40.7M) |
| Net income available to common unitholders | $1.3B | $561.8M | $908.1M | $337.0M |
| Basic (in dollars per share) | $3.73 | $1.74 | $3.04 | $1.18 |
| Diluted (in dollars per share) | $3.58 | $1.61 | $3.00 | $1.11 |
| Basic (in shares) | 339.8M | 323.3M | 298.6M | 286.3K |
| Diluted (in shares) | 347.8M | 331.5M | 309.1M | 297.9K |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Total operating revenues | $1.9B | $1.6B | $1.6B | $1.5B |
| Rental property operating and maintenance | $687.9M | $638.5M | $653.9M | $607.0M |
| Property taxes and insurance | $59.9M | $59.8M | $56.3M | $54.5M |
| Depreciation and amortization | $507.1M | $499.5M | $497.0M | $461.2M |
| General and administrative | $157.7M | $154.8M | $141.7M | $136.0M |
| Transactions and integration | $38.7M | $15.7M | $86.6M | $22.5M |
| Other | $13.5M | $23.0K | $3.3M | $195.0K |
| Total operating expenses | $1.5B | $1.4B | $1.4B | $1.3B |
| Operating income before gain on disposition of properties, net | $459.3M | $266.9M | — | — |
| Gain on disposition of properties, net | $8.0M | $873.0K | $19.8M | $931.8M |
| Total operating income | $467.2M | $267.8M | $138.4M | $211.7M |
| Equity in earnings (loss) of unconsolidated entities | $36.0K | ($1.8M) | ($16.9M) | ($12.1M) |
| Other income, net | $137.9M | $45.3M | $47.7M | $37.7M |
| Interest expense | ($113.9M) | ($116.4M) | ($113.6M) | ($109.4M) |
| Income tax expense | ($33.7M) | ($16.0M) | ($11.7M) | ($12.9M) |
| Net income | $457.6M | $174.8M | $63.7M | $1.0B |
| Net (income) loss attributable to noncontrolling interests | ($4.3M) | $4.5M | $4.1M | ($14.8M) |
| Net income attributable to Digital Realty Trust | $453.3M | $179.3M | $67.8M | $1.0B |
| Preferred stock dividends | ($10.2M) | ($10.2M) | ($10.2M) | ($10.2M) |
| Net income available to common stockholders | $443.1M | $169.1M | $57.6M | $1.0B |
| Basic (in dollars per share) | $1.25 | $0.49 | $0.17 | $3.03 |
| Diluted (in dollars per share) | $1.21 | $0.46 | $0.15 | $2.94 |
| Basic (in shares) | 354.1M | 345.0M | 341.4M | 337.6M |
| Diluted (in shares) | 361.5M | 353.3M | 349.2M | 345.7M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Investments in properties, net | $26.4B | $24.1B | $24.2B | $23.8B |
| Investments in unconsolidated entities | $3.4B | $2.6B | $2.3B | $2.0B |
| Net investments in real estate | $29.9B | $26.8B | $26.5B | $25.8B |
| Operating lease right-of-use assets, net | $1.1B | $1.2B | $1.4B | $1.4B |
| Cash and cash equivalents | $3.5B | $3.9B | $1.6B | $141.8M |
| Accounts and other receivables, net | $1.4B | $1.3B | $1.3B | $969.3M |
| Deferred rent, net | $750.9M | $642.5M | $624.4M | $601.6M |
| Goodwill | $9.7B | $8.9B | $9.2B | $9.2B |
| Customer relationship value, deferred leasing costs and other intangibles, net | $2.1B | $2.2B | $2.5B | $3.1B |
| Assets held for sale and contribution | $349.8M | — | — | — |
| Other assets | $655.4M | $465.9M | $420.4M | $353.8M |
| Total assets | $49.4B | $45.3B | $44.1B | $41.5B |
| Global revolving credit facilities, net | $899.1M | $1.6B | $1.8B | $2.2B |
| Unsecured term loans, net | $439.5M | $386.9M | $1.6B | $797.4M |
| Unsecured senior notes, net of discount | $16.2B | $14.0B | $13.4B | $13.1B |
| Secured and other debt, net of discount | $869.1M | $753.3M | $631.0M | $528.9M |
| Operating lease liabilities | $1.3B | $1.3B | $1.5B | $1.5B |
| Accounts payable and other accrued liabilities | $2.6B | $2.1B | $2.2B | $1.9B |
| Deferred tax liabilities | $1.1B | $1.1B | $1.2B | $1.2B |
| Accrued dividends and distributions | $428.3M | $418.7M | $388.0M | $363.7M |
| Security deposits and prepaid rents | $754.9M | $539.8M | $401.9M | $369.7M |
| Obligations associated with assets held for sale and contribution | $182.0K | — | — | — |
| Total liabilities | $24.6B | $22.1B | $23.1B | $21.9B |
| Redeemable noncontrolling interests | $1.5B | $1.4B | $1.4B | $1.5B |
| Preferred Stock: $0.01 par value per share, 110,000 shares authorized; $755,000 liquidation preference ($25.00 per share), 30,200 shares issued and outstanding as of December 31, 2025 and December 31, 2024 | $731690000.00 | $731690000.00 | $731690000.00 | $731690000.00 |
| Common Stock: $0.01 par value per share, 502,000 shares authorized; 343,557 and 336,637 issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $3406000.00 | $3337000.00 | $3088000.00 | $2887000.00 |
| Preferred units, $755,000 liquidation preference ($25.00 per unit), 30,200 units issued and outstanding as of December 31, 2025 and December 31, 2024 | $731.7M | $731.7M | — | — |
| Common units, 343,557 and 336,637 issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $22.7B | $21.8B | $19.1B | $17.4B |
| Limited Partners, 6,189 and 6,135 units issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $431.6M | $426.2M | $459.4M | $436.9M |
| Additional paid-in capital | $29.4B | $28.1B | $24.4B | $22.1B |
| Accumulated dividends in excess of earnings | ($6.7B) | ($6.3B) | ($5.3B) | ($4.7B) |
| Accumulated other comprehensive loss, net | ($469.2M) | ($1.2B) | ($751.4M) | ($595.8M) |
| Total stockholders' equity | $22.9B | $21.3B | $19.1B | $17.6B |
| Total partners' capital | $23.3B | $21.7B | $19.6B | $18.0B |
| Noncontrolling interests | $421.3M | $402.2M | $484.0M | $524.1M |
| Noncontrolling interests in consolidated entities | $5.9M | $6.1M | $45.9M | $104.8M |
| Total equity | $23.3B | $21.7B | $19.6B | $18.1B |
| Total capital | $23.3B | $21.7B | ($1.5B) | ($1.2B) |
| Total liabilities and equity | $49.4B | $45.3B | $44.1B | $41.5B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Investments in properties, net | $32.9B | $26.9B | $26.0B | $25.6B |
| Investments in unconsolidated entities | $3.5B | $3.5B | $3.7B | $3.6B |
| Net investments in real estate | $36.4B | $30.4B | $29.7B | $29.3B |
| Operating lease right-of-use assets, net | $1.1B | $1.1B | $1.2B | $1.2B |
| Cash and cash equivalents | $1.9B | $2.4B | $3.3B | $3.6B |
| Accounts and other receivables, net | $1.6B | $1.4B | $1.5B | $1.6B |
| Deferred rent, net | $792.0M | $765.2M | $710.6M | $681.4M |
| Goodwill | $9.6B | $9.6B | $9.6B | $9.6B |
| Customer relationship value, deferred leasing costs and other intangibles, net | $2.6B | $2.1B | $2.1B | $2.2B |
| Other assets | $610.2M | $650.9M | $500.3M | $493.3M |
| Total assets | $54.5B | $48.9B | $48.7B | $48.7B |
| Global revolving credit facilities, net | $709.8M | $708.0M | $1.2B | $567.7M |
| Unsecured term loans, net | $427.7M | $432.4M | $438.9M | $440.8M |
| Unsecured senior notes, net | $15.9B | $16.0B | $15.8B | $16.6B |
| Secured and other debt, net | $1.6B | $842.2M | $825.9M | $802.3M |
| Operating lease liabilities | $1.2B | $1.2B | $1.3B | $1.3B |
| Accounts payable and other accrued liabilities | $3.2B | $2.4B | $2.4B | $2.3B |
| Deferred tax liabilities | $1.1B | $1.1B | $1.2B | $1.1B |
| Security deposits and prepaid rents | $760.0M | $734.0M | $699.5M | $653.6M |
| Total liabilities | $25.0B | $23.5B | $23.7B | $23.9B |
| Redeemable noncontrolling interests | $1.6B | $1.6B | $1.5B | $1.5B |
| Preferred Stock: $0.01 par value per share, 110,000 shares authorized; $755,000 liquidation preference ($25.00 per share), 30,200 shares issued and outstanding as of June 30, 2026 and December 31, 2025 | $731690000.00 | $731690000.00 | $731690000.00 | $731690000.00 |
| Common Stock: $0.01 par value per share, 502,000 shares authorized; 370,010 and 343,557 issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | $3669000.00 | $3459000.00 | $3400000.00 | $3374000.00 |
| Preferred units, $755,000 liquidation preference ($25.00 per unit), 30,200 units issued and outstanding as of June 30, 2026 and December 31, 2025 | $731.7M | $731.7M | $731.7M | $731.7M |
| Common units, 370,010 and 343,557 issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | $27.2B | $23.1B | $22.8B | $22.7B |
| Limited Partners, 6,665 and 6,189 units issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | $550.8M | $443.9M | $437.7M | $448.6M |
| Additional paid-in capital | $34.2B | $30.1B | $29.2B | $28.7B |
| Accumulated dividends in excess of earnings | ($6.9B) | ($6.9B) | ($6.4B) | ($6.0B) |
| Accumulated other comprehensive loss, net | ($522.0M) | ($512.9M) | ($533.9M) | ($543.8M) |
| Total stockholders' equity | $27.4B | $23.4B | $23.0B | $22.9B |
| Total partners' capital | $28.0B | $23.8B | $23.4B | $23.3B |
| Noncontrolling interests | $544.7M | $433.5M | $428.2M | $441.4M |
| Noncontrolling interests in consolidated entities | $11.1M | $6.7M | $7.9M | $10.4M |
| Total equity | $28.0B | $23.8B | $23.5B | $23.4B |
| Total capital | $28.0B | $23.8B | $23.5B | $23.4B |
| Total liabilities and equity | $54.5B | $48.9B | $48.7B | $48.7B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $1.3B | $588.3M | $950.3M | $380.3M |
| Gain on disposition of properties, net | ($995.6M) | ($595.8M) | ($900.5M) | ($176.8M) |
| Provision for impairment | $78.6M | $191.2M | $118.4M | — |
| Equity in loss of unconsolidated entities | $32.0M | $120.1M | $29.8M | $13.5M |
| Distributions from unconsolidated entities | $122.4M | $78.3M | $73.5M | $42.4M |
| Depreciation and amortization | $1.9B | $1.8B | $1.7B | $1.6B |
| Amortization of share-based compensation | $93.8M | $75.6M | $80.5M | $92.5M |
| (Gain) loss on debt extinguishment and modifications | ($9.0K) | $5.9M | — | $51.1M |
| Straight-lined rents and amortization of above and below market leases | ($119.7M) | ($56.5M) | ($50.9M) | ($65.0M) |
| Amortization of deferred financing costs and debt discount / premium | $32.2M | $28.7M | $26.8M | $18.8M |
| Other operating activities, net | ($76.5M) | $29.2M | ($8.2M) | ($45.1M) |
| Increase in accounts receivable and other assets | ($339.1M) | ($342.1M) | ($155.3M) | ($272.5M) |
| Increase in accounts payable and other liabilities | $376.4M | $366.7M | ($224.4M) | $42.1M |
| Net cash provided by operating activities | $2.4B | $2.3B | $1.6B | $1.7B |
| Improvements to investments in real estate | ($3.2B) | ($2.8B) | ($3.5B) | ($2.6B) |
| Cash paid for business combination / asset acquisitions, net of cash acquired | ($321.2M) | ($508.0M) | ($52.3M) | ($1.9B) |
| Investments in and advances to unconsolidated entities | ($519.1M) | ($315.6M) | — | — |
| Return of investment from unconsolidated entities | $153.4M | $99.9M | $242.0M | — |
| Proceeds from sale of assets | $1.6B | $1.8B | $2.6B | — |
| Other investing activities, net | $18.0M | ($115.5M) | ($62.5M) | ($101.6M) |
| Net cash used in investing activities | ($2.2B) | ($1.9B) | ($1.1B) | ($4.7B) |
| Proceeds from credit facilities | $1.8B | $1.6B | $2.9B | — |
| Payments on credit facilities | ($2.6B) | ($1.7B) | ($3.3B) | — |
| Borrowings on secured / unsecured debt | $3.5B | $2.2B | $869.1M | $2.8B |
| Repayments on secured / unsecured debt | ($2.5B) | ($2.1B) | ($112.0M) | ($1.0B) |
| Capital (distribution to) contributions from noncontrolling interests, net | $3.6M | ($21.4M) | $4.5M | $44.3M |
| Proceeds from issuance of common stock, net | $1.1B | $3.7B | $2.2B | $928.4M |
| General partner contributions | $1.1B | $3.7B | $2.2B | $928.4M |
| Payments of dividends and distributions | ($1.7B) | ($1.6B) | ($1.5B) | ($1.5B) |
| Other financing activities, net | ($58.5M) | $30.0M | ($62.0M) | $52.1M |
| Net cash (used in) provided by financing activities | ($486.7M) | $2.1B | $963.5M | $3.0B |
| Net (decrease) increase in cash, cash equivalents and restricted cash | ($305.1M) | $2.4B | $1.5B | ($70.9M) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | ($113.3M) | ($178.5M) | $2.6M | $70.1M |
| Cash, cash equivalents and restricted cash at beginning of period | $3.9B | $1.6B | $150.7M | $151.5M |
| Cash, cash equivalents and restricted cash at end of period | $3.5B | $3.9B | $1.6B | $150.7M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $632.4M | $174.8M | $1.2B | $1.2B |
| Gain on disposition of properties, net | ($8.9M) | ($873.0K) | ($952.7M) | ($932.9M) |
| Equity in loss of unconsolidated entities | $1.8M | $1.8M | $36.6M | $19.7M |
| Distributions from unconsolidated entities | $90.2M | $71.2M | $100.0M | $74.0M |
| Depreciation and amortization | $1.0B | $499.5M | $1.4B | $904.2M |
| Amortization of share-based compensation | $54.3M | $25.3M | $69.8M | $45.9M |
| Loss on debt extinguishment and modifications | $4.1M | $4.1M | — | — |
| Straight-lined rents and amortization of above and below market leases | ($46.5M) | ($17.5M) | ($77.6M) | ($46.0M) |
| Amortization of deferred financing costs and debt discount / premium | $16.3M | $8.2M | $22.9M | $15.2M |
| Other operating activities, net | ($49.3M) | ($24.5M) | ($17.2M) | $7.8M |
| Increase in accounts receivable and other assets | ($139.0M) | ($39.7M) | ($221.4M) | ($240.7M) |
| Increase in accounts payable and other liabilities | $33.2M | ($169.9M) | $114.6M | $39.9M |
| Net cash provided by operating activities | $1.6B | $532.4M | $1.7B | $1.0B |
| Improvements to investments in real estate | ($1.8B) | ($870.0M) | ($2.2B) | ($1.5B) |
| Cash paid for business combination / asset acquisitions, net of cash acquired | ($2.2B) | ($277.1M) | ($288.0M) | ($217.9M) |
| Investments in and advances to unconsolidated entities | ($445.4M) | ($182.6M) | ($326.4M) | ($215.3M) |
| Return of investment from unconsolidated entities | $35.8M | $647.0K | $153.2M | $148.1M |
| Proceeds from sale / contribution of assets | $171.3M | $6.1M | $1.2B | $1.1B |
| Other investing activities, net | ($54.0M) | ($9.9M) | $9.0M | ($42.5M) |
| Net cash used in investing activities | ($4.2B) | ($1.3B) | ($1.5B) | ($741.8M) |
| Proceeds from credit facilities | $381.7M | $293.7M | $1.4B | $821.5M |
| Payments on credit facilities | ($554.7M) | ($477.2M) | ($2.0B) | ($2.0B) |
| Borrowings on secured / unsecured debt | $39.3M | $39.0M | $1.9B | $1.9B |
| Repayments on secured / unsecured debt | ($56.6M) | ($56.7M) | ($1.2B) | ($495.8M) |
| Capital (distribution to) contributions from noncontrolling interests, net | $4.4M | ($156.0K) | ($5.0M) | $1.7M |
| Proceeds from issuance of common stock, net | $2.5B | $870.6M | $1.0B | $605.2M |
| General partner contributions | $2.5B | $870.6M | $1.0B | $605.2M |
| Payments of dividends and distributions | ($1.3B) | ($871.4M) | ($1.7B) | ($1.3B) |
| Other financing activities, net | ($3.8M) | ($15.8M) | ($24.4M) | ($23.2M) |
| Net cash provided by (used in) financing activities | $980.2M | ($217.9M) | ($638.7M) | ($462.2M) |
| Net decrease in cash, cash equivalents and restricted cash | ($1.7B) | ($1.0B) | ($416.9M) | ($163.7M) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | $79.4M | ($2.4M) | ($153.8M) | ($151.3M) |
| Cash, cash equivalents and restricted cash at beginning of period | $3.5B | $3.5B | $3.9B | $3.9B |
| Cash, cash equivalents and restricted cash at end of period | $1.9B | $2.4B | $3.3B | $3.6B |
Digital Realty Trust Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.