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NEW YORK STOCK EXCHANGE, INC. · Industrials · Financials

Digital Realty Trust Inc (DLR) financial statements and cash flow.

Revenue, profitability, balance-sheet strength, and cash generation for DLR. Market data source · as of 2026-03-31.

Section freshness

Price Aug 25, 9:30 AM EDT · Statements Mar 30, 8:00 PM EDT

Financial read

DLR latest financial snapshot.

Start with the latest reported values below. Deeper quarterly and annual statement tables follow when supplied.

Revenue

$1.64B

+16.2% YoY

Net income

$179.27M

+81.7% QoQ

Net margin

10.96%

Operating margin 16.38%

Balance sheet coverage

DLR balance sheet summary

Assets, liabilities, liquidity, debt, and equity sit beside income and cash-flow tables so the statement history reads as one model-ready dataset.

20 quarterly · 4 annual rows · Market data source · as of 2026-03-31

Open balance sheet table

Latest period

Q1 FY2026

20 quarterly · 4 annual rows

Assets / liabilities

$48.86B

Liabilities $23.46B

Cash / debt

$2.43B

Net cash —

Equity / working capital

$23.37B

Working capital —

Financial statements

DLR statement coverage.

Income statement, balance sheet, and cash-flow figures for DLR, with quarterly and annual history in the tables below.

Data last updated

Mar 30, 2026

Income periods

Balance-sheet periods

Cash-flow periods

Quarterly and annual DLR statements, sourced from Market data source · as of 2026-03-31.

Financial statement period

DLR statement history

Market data source · as of 2026-03-31 · Data last updated: Mar 30, 2026

ProfitabilityIncome statementRevenue, expenses, margins, and income quality20 quarterly periods Capital structureBalance sheetAssets, liabilities, debt, equity, and share count20 quarterly periods Cash generationCash flowOperating cash flow, CapEx, FCF, buybacks, and dividends20 quarterly periods

Income statement

Quarterly and annual rows for revenue, operating leverage, earnings quality, and margin direction.

8 / 20 Quarterly

Period	Revenue	Operating income	Net income	Net margin	Revenue QoQ	Net income QoQ
Q1 FY2026	$1.64B	$267.81M	$179.27M	10.96%	+0.0%	+81.7%
Q4 FY2025	$1.63B	$111.51M	$98.65M	6.03%	+3.6%	+45.5%
Q3 FY2025	$1.58B	$138.42M	$67.81M	4.30%	+5.6%	-93.4%
Q2 FY2025	$1.49B	$211.70M	$1.03B	69.13%	+6.1%	+838.5%
Q1 FY2025	$1.41B	$196.86M	$109.97M	7.81%	-2.0%	-42.0%
Q4 FY2024	$1.44B	$144.32M	$189.57M	13.20%	+0.3%	+270.3%
Q3 FY2024	$1.43B	$168.29M	$51.19M	3.58%	+5.5%	-36.2%
Q2 FY2024	$1.36B	$9.89M	$80.22M	5.91%	+1.9%	-71.5%

Balance sheet

Balance-sheet history for assets, liabilities, liquidity, debt, equity, and shares outstanding.

8 / 20 Quarterly

Period	Cash	Total assets	Total liabilities	Total equity
Q1 FY2026	$2.43B	$48.86B	$23.46B	$23.37B
Q4 FY2025	$3.45B	$49.41B	$24.56B	$22.93B
Q3 FY2025	$3.30B	$48.73B	$23.74B	$23.03B
Q2 FY2025	$3.55B	$48.71B	$23.85B	$22.91B
Q1 FY2025	$2.32B	$45.08B	$21.90B	$21.30B
Q4 FY2024	$3.87B	$45.28B	$22.11B	$21.34B
Q3 FY2024	$2.18B	$45.30B	$22.12B	$21.25B
Q2 FY2024	$2.28B	$43.61B	$21.20B	$20.54B

Cash flow

Operating cash generation, capital expenditure, free cash flow, buybacks, dividends, and cash movement.

8 / 20 Quarterly

Period	Operating cash flow	Net income	Dividends paid
Q1 FY2026	$532.42M	$179.27M	$871.36M
Q4 FY2025	$718.95M	$98.65M	$10.18M
Q3 FY2025	$652.86M	$67.81M	$436.38M
Q2 FY2025	$641.24M	$1.03B	$433.30M
Q1 FY2025	$399.08M	$109.97M	$848.61M
Q4 FY2024	$769.48M	$189.57M	$10.19M
Q3 FY2024	$566.51M	$51.19M	$418.76M
Q2 FY2024	$573.21M	$80.22M	$415.78M

Valuation and returns

Enterprise value: $68.92B; TECHi computed

Return on equity: 5.90%; Market data source

Return on assets: 2.82%; Market data source

Ratio values use provider-attributed fields when available and otherwise fall back to TECHi statement math from the visible rows on this page.

Annual revenue and income multiples

Annual sales and income multiple reads use the latest annual statement when available, then fall back to trailing-twelve-month statement math from the visible quarterly rows.

Annual revenue base: $6.11B; Annual statement 2025-12-31

Annual income base: $1.31B; Annual statement 2025-12-31

Market cap / annual revenue: 11.67; Live market value divided by annual revenue

Market cap / annual income: 54.52; Live market value divided by annual net income

Annual sales and income multiple

EV / annual revenue11.28

EV / annual operating income104.67

Market capitalization bridge

Market cap / annual revenue11.67

Market cap / annual income54.52

TTM valuation multiples

TTM revenue: $6.34B; Trailing twelve months

TTM EBIT: $729.44M; TTM operating income

Market cap / TTM revenue: 11.25; Live market value divided by trailing twelve months revenue

EV / TTM revenue: 10.87; Enterprise value divided by trailing twelve months revenue

Live market value is matched against trailing-twelve-month statement bases first so the multiple moves with the tape instead of anchoring to stale fiscal-year rows.

Profit multiples

Market cap / TTM net income51.78

EV / TTM EBIT94.49

Revenue, net income, and free cash flow

Revenue$1.64BNet income$179.27M

Q4 FY2024Q3 FY2025Q1 FY2026

Quarterly statement rows, shown on one common dollar scale so margin compression and cash conversion stand out quickly.

Efficiency

Growth vs cost pressure

Revenue growth YoY+16.2%

Operating expense growth YoY+12.9%

Quarterly margin heatmap

Gross margin

Q4 FY2024

—

Q1 FY2025

—

Q2 FY2025

—

Q3 FY2025

—

Q4 FY2025

—

Q1 FY2026

—

Operating margin

Q4 FY2024

10.05%

Q1 FY2025

13.99%

Q2 FY2025

14.18%

Q3 FY2025

8.78%

Q4 FY2025

6.82%

Q1 FY2026

16.38%

Net margin

Q4 FY2024

13.20%

Q1 FY2025

7.81%

Q2 FY2025

69.13%

Q3 FY2025

4.30%

Q4 FY2025

6.03%

Q1 FY2026

10.96%

Latest quarter expense mix

Operating expenses$1.37B

Profit bridge

EBIT$267.81M

Tax expense$16.01M

Other income statement lines

Income tax expense$16.01M

Balance sheet · Q1 FY2026

Cash & equivalents: $2.43B

Total equity: $23.37B

Balance sheet detail

Receivables: $692.11M

Cash generation

Operating cash flow: $532.42M

Capital returned: $871.36M; Buybacks + dividends paid

Cash-flow detail

Investing cash flow: -$1.33B

Financing cash flow: -$217.95M

Dividends paid: $871.36M

Frequently asked

Common questions.

What financial data is available for DLR?

The DLR Financials page renders only the current income-statement, balance-sheet, cash-flow, or fund rows supplied for Digital Realty Trust Inc. Missing modules and empty line items are omitted.

How current are DLR's financial statements?

Each visible statement row keeps its reported period and provider attribution. The route redirects to the main quote when no usable financial or fund data remains.

What is Digital Realty Trust Inc's reported net margin?

Digital Realty Trust Inc's fresh reported margin field is 21.73%. The Financials page shows the supporting period data currently available for DLR.