Digital Realty Trust, Inc. (DLR)

Digital Realty Trust Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Rental Revenue	5,969	5,482	5,430	4,663	4,395
Property Management Fees	143.77	72.5	46.89	29.15	32.84
Other Revenue	-31.99	-120.14	-29.79	-13.5	62.28
Total Revenue	6,081	5,435	5,447	4,678	4,490
Revenue Growth (YoY	11.88%	-0.23%	16.44%	4.19%	16.75%
Property Expenses	2,727	2,519	2,598	2,018	1,778
Selling, General & Administrative	641.58	554.32	525.86	501.37	484.05
Depreciation & Amortization	1,819	1,697	1,618	1,499	1,403
Other Operating Expenses	3.7	27.08	7.53	12.44	2.55
Total Operating Expenses	5,191	4,798	4,750	4,030	3,668
Operating Income	890.15	636.81	697.76	648.24	822.01
Interest Expense	-437.95	-452.84	-437.74	-299.13	-293.85
Other Non-Operating Income	161.05	154.24	68.43	8.92	-4.36
EBT Excluding Unusual Items	613.25	338.22	328.45	358.02	523.81
Merger & Restructuring Charges	-185.09	-93.9	-84.72	-68.77	-47.43
Gain (Loss) on Sale of Assets	995.59	595.83	900.53	176.75	1,381
Asset Writedown	-78.55	-191.18	-118.36	-3	-18.29
Other Unusual Items	0.01	-5.87	-	-51.14	-18.67
Pretax Income	1,345	643.09	1,026	411.88	1,820
Income Tax Expense	32.04	54.76	75.58	31.55	72.8
Earnings From Continuing Operations	1,313	588.33	950.31	380.33	1,747
Minority Interest in Earnings	-4.58	14.16	-1.47	-2.64	-38.15
Net Income	1,309	602.49	948.84	377.68	1,709
Preferred Dividends & Other Adjustments	40.72	40.72	40.72	40.72	27.76
Net Income to Common	1,268	561.77	908.11	336.96	1,681
Net Income Growth	117.20%	-36.50%	151.23%	-77.90%	379.59%
Basic Shares Outstanding	340	323	299	286	282
Diluted Shares Outstanding	348	332	309	298	283
Shares Change (YoY)	4.91%	7.27%	3.74%	5.19%	7.89%
EPS (Basic)	3.73	1.74	3.04	1.18	5.95
EPS (Diluted)	3.58	1.61	2.88	1.11	5.94
EPS Growth	122.00%	-44.00%	158.32%	-81.23%	494.00%
Dividend Per Share	4.880	4.880	4.880	4.880	4.640
Dividend Growth	-	-	-	5.17%	3.57%
Operating Margin	14.64%	11.72%	12.81%	13.86%	18.31%
Profit Margin	20.85%	10.34%	16.67%	7.20%	37.45%
EBITDA	2,780	2,403	2,386	2,223	2,312
EBITDA Margin	45.71%	44.22%	43.80%	47.52%	51.50%
D&A For Ebitda	1,889	1,767	1,688	1,575	1,490
EBIT	890.15	636.81	697.76	648.24	822.01
EBIT Margin	14.64%	11.72%	12.81%	13.86%	18.31%
Funds From Operations (FFO)	2,399	2,027	1,916	1,819	1,843
FFO Per Share	-	6.14	6.20	6.03	6.36
Adjusted Funds From Operations (AFFO)	2,268	2,015	1,782	1,819	1,843
AFFO Per Share	6.55	6.11	5.66	5.99	6.36
Effective Tax Rate	2.38%	8.52%	7.37%	7.66%	4.00%
Revenue as Reported	6,113	5,555	5,477	4,692	4,428

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q