Good afternoon, and welcome to the Digital Realty Trust, Inc. first quarter 2026 earnings call. Please note this event is being recorded. During today's presentation, all parties will be in a listen-only mode. Following the presentation, we will conduct a...
Jordan Sadler
Senior Vice President, Public and Private Investor Relations
0.20Thank you, operator, and welcome, everyone, to Digital Realty Trust, Inc.'s first quarter 2026 earnings conference call. Joining me on today's call are President and CEO, Andrew P. Power, and CFO, Matthew R. Mercier. Chief Investment Officer, Gregory S....
Andrew P. Power
President and Chief Executive Officer (CEO)
0.90Thanks, Jordan, and thanks to everyone for joining our call. Digital Realty Trust, Inc. got off to a record start in 2026, a clear continuation of the momentum we built throughout 2025. Demand for digital infrastructure remains robust, execution across...
Matthew R. Mercier
Chief Financial Officer (CFO)
0.80Thank you, Andrew. As Andrew outlined, the first quarter reflected strong demand across our platform combined with disciplined execution, resulting in record quarterly financial results. In the first quarter, Digital Realty Trust, Inc. again posted strong...
Thank you. We will now open up the call for questions. In the interest of time and to allow a large number of people to ask questions, callers will be limited to one question. As a reminder, to ask a question, you will need to press 11 on your telephone and...
Yes, thanks, and congrats on the strong results, especially leasing. Maybe you could just comment on the economics that you are seeing with AI deals versus prior hyperscale deals, maybe comment on pricing, escalators, and, as AI demand continues to show...