Digital Realty Trust, Inc.
DLR- Exchange
- NYSE
- Industry
- Real Estate Investment Trusts
- SEC CIK
- 0001297996
In the last 90 days, Digital Realty Trust, Inc. insiders filed 0 open-market purchases and 1 sale; 1,333 institutions reported holding it in 13F filings for Q2 2026, worth $68.0B in total; superinvestors Viking Global Investors and Soros Fund Management hold it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:12 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 5, 2026 | Feb 13, 2025 | Feb 15, 2024 | Feb 16, 2023 | Feb 17, 2022 |
| Revenue | $6.11B | $5.55B | $5.48B | $4.69B | $4.43B |
| Operating expenses | $5.45B | $5.08B | $4.95B | $4.10B | $3.73B |
| Selling, general and administrative | $565.5M | $480.0M | $449.1M | $422.2M | $400.7M |
| Operating income | $658.5M | $471.9M | $524.5M | $590.0M | $694.0M |
| Interest expense | $437.9M | $452.8M | $437.7M | $299.1M | $293.8M |
| Income tax | $32.0M | $54.8M | $75.6M | $31.6M | $72.8M |
| Net income | $1.31B | $602.5M | $948.8M | $377.7M | $1.71B |
| EPS, basic | $3.73 | $1.74 | $3.04 | $1.18 | $5.95 |
| EPS, diluted | $3.58 | $1.61 | $3.00 | $1.11 | $5.94 |
| Weighted shares, basic | 339.8M | 323.3M | 298.6M | 286.3K | 282.5M |
| Weighted shares, diluted | 347.8M | 331.5M | 309.1M | 297.9K | 283.2M |
| Margins and growth | |||||
| Operating margin | 10.8% | 8.5% | 9.6% | 12.6% | 15.7% |
| Net margin | 21.4% | 10.8% | 17.3% | 8.0% | 38.6% |
| Revenue growth, year over year | +10.0% | +1.4% | +16.7% | +6.0% | +13.4% |
| Net income growth, year over year | +117.2% | −36.5% | +151.2% | −77.9% | +379.6% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025! | FY2024! | FY2023! | FY2022! | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 5, 2026 | Feb 13, 2025 | Feb 15, 2024 | Feb 16, 2023 | Feb 17, 2022 |
| Cash and equivalents | $3.45B | $3.87B | $1.63B | $141.8M | $142.7M |
| Goodwill | $9.71B | $8.93B | $9.24B | $9.21B | $7.94B |
| Intangible assets | $1.81B | – | – | – | – |
| Total assets | $49.4B | $45.3B | $44.1B | $41.5B | $36.4B |
| Total liabilities | $24.6B | $22.1B | $23.1B | $21.9B | $17.8B |
| Shareholders' equity | $23.3B | $21.7B | $19.6B | $18.1B | $18.5B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 5, 2026 | Feb 13, 2025 | Feb 15, 2024 | Feb 16, 2023 | Feb 17, 2022 |
| Operating cash flow | $2.41B | $2.26B | $1.63B | $1.66B | $1.70B |
| Depreciation and amortization | $1.89B | $1.77B | $1.69B | $1.58B | $1.49B |
| Dividends paid | $1.73B | $1.63B | $1.52B | $1.45B | $1.38B |
| Investing cash flow | -$2.23B | -$1.91B | -$1.12B | -$4.70B | -$1.06B |
| Financing cash flow | -$486.7M | $2.06B | $963.5M | $2.97B | -$590.6M |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Apr 29, 2026 | 351.4M | +4.3% | SEC |
| Feb 9, 2026 | 343.6M | +2.1% | SEC |
| Oct 29, 2025 | 343.5M | +3.6% | SEC |
| Jul 30, 2025 | 341.1M | +4.2% | SEC |
| Apr 28, 2025 | 336.8M | +7.8% | SEC |
| Feb 18, 2025 | 336.6M | +7.8% | SEC |
| Oct 28, 2024 | 331.7M | +9.5% | SEC |
| Jul 31, 2024 | 327.4M | +8.2% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.