StockWatch
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DIGITAL REALTY TRUST, INC. Q3 FY26 Results

DLRQ3 FY26 Results
Filing
MetricValue ($ M)Q2 FY26Q3 FY25
Revenue1.9K1.1%20.6%
Total Income1.9K1.1%20.6%
Expenditure1.6K9.8%11.2%
PBT—
Net Profit195.3556.9%188.1%
OPM15.88%8.40pp7.11pp
NPM10.27%13.29pp5.97pp
EPS0.5060.0%194.1%
View full financials

Digital Realty Reports Q3 2026 Results with Record Bookings and Raised Outlook

30 Oct 2026 · 30 Oct, 1:53 am

Summary

Digital Realty announced strong third quarter 2026 results, highlighted by record total bookings of $855 million (at 100% share) and a record backlog of $2.5 billion, providing significant multi-year visibility. The company reported total revenues of $1.9 billion, a 21% year-over-year increase, and Adjusted EBITDA of $978 million, up 13% year-over-year. Reflecting positive market conditions, rental rates on renewal leases increased by 11.8% on a cash basis. Based on this performance, Digital Realty raised its full-year 2026 Core FFO per share outlook.

Key Highlights

  1. 1

    Digital Realty reported record total bookings during 3Q26 expected to generate $855 million of annualized GAAP base rent at 100% share, with Digital Realty's share being a record $627 million.

  2. 2

    The company reported a record total backlog of $2.5 billion of annualized GAAP base rent at 100% share at the end of 3Q26, with Digital Realty's share at a record $1.8 billion.

  3. 3

    Rental rates on renewal leases signed during the third quarter of 2026 increased 11.8% on a cash basis and 17.0% on a GAAP basis.

  4. 4

    Digital Realty raised its 2026 Core FFO per share (excluding net promote) outlook to $8.30 - $8.35 and its 2026 Constant-Currency Core FFO per share (excluding net promote) outlook to $8.25 - $8.30.

  5. 5

    The company generated Adjusted EBITDA of $978 million in the third quarter of 2026, a 13% increase over the same quarter last year.

  6. 6

    Digital Realty reported total revenues of $1.9 billion in the third quarter of 2026, 21% above the same quarter last year.

Management Comments

A

Andy Power

Digital Realty extended its track record of execution in the third quarter with record leasing, an expanding backlog, and another quarter of double-digit earnings growth. These results underscore the global strength of customer demand for connectivity-rich environments, trusted execution, and a well-capitalized partner with the reach and capabilities to support their evolving requirements across the digital infrastructure landscape.

Informational and educational content only. Not investment advice.