Quarterly ResultApr 28, 2026, 04:14 PM
DBRG Q1 2026 Net Income $5.3M, EPS $0.03; SoftBank Acquisition Approved
AI Summary
DigitalBridge Group, Inc. announced Q1 2026 financial results, reporting GAAP net income attributable to common stockholders of $5.3 million, or $0.03 per share, and Distributable Earnings of $13.4 million, or $0.07 per share. The company also confirmed that its common stockholders approved the proposed all-cash acquisition by SoftBank Group Corp. for $16.00 per share. Due to the pending transaction, DigitalBridge will not host a conference call or provide detailed financial guidance.
Key Highlights
- SoftBank Group Corp. acquisition of DBRG common stock for $16.00 per share was approved by stockholders on April 23, 2026.
- Q1 2026 GAAP net income attributable to common stockholders was $5.3 million, or $0.03 per share.
- Q1 2026 Distributable Earnings (DE) were $13.4 million, or $0.07 per share, down 76% year-over-year.
- Q1 2026 Fee Revenue was $87.5 million, down 3% year-over-year, but up 12% year-over-year on an ex-Catch Up Fee basis.
- Q1 2026 Fee Related Earnings (FRE) were $24.0 million, down 31% year-over-year, but up 4% year-over-year on an ex-Catch Up Fee basis.
- Fee Earning Equity Under Management (FEEUM) increased 9% year-over-year to $40.8 billion in Q1 2026.
- Available corporate cash was $250 million as of March 31, 2026, up approximately $110 million over the prior quarter.
- A cash dividend of $0.01 per common share was declared, payable July 15, 2026.