Digital Realty Trust, Inc. (DLR)
The company now
Digital Realty reported third-quarter 2026 revenue of $1.9 billion on 29 October, 21 percent above the same quarter a year earlier 1.
Net income was $194 million, and $0.48 per share for common stockholders, against $0.15 a year earlier 1.
Bookings signed in the quarter, a record, are expected to generate $855 million of annual base rent at 100 percent share, or $627 million at the company's own share 1. Leases signed but not yet started add up to a record $2.5 billion of annual base rent at 100 percent share, or $1.8 billion at its own share 1.
Chief executive Andy Power said the results "underscore the global strength of customer demand for connectivity-rich environments" 1. The company raised its 2026 outlook for core funds from operations per share, a real estate investment trust's measure of cash earnings, to $8.30 to $8.35 1.
On 19 October the company closed the purchase of about 16 percent more of Teraco, the South African platform, taking its stake from 61 percent to about 77 percent 110. It also closed $1.4 billion of initial commitments to a new strategy for stabilized hyperscale data centers in North America 1.
The open question is how fast the backlog turns into rent, since new leases signed in the quarter start on average 17 months later 1.
As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.