v3.26.1
CONDENSED CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating Revenues:        
Total operating revenues $ 1,924,040 $ 1,493,150 $ 3,559,213 $ 2,900,787
Operating Expenses:        
Rental property operating and maintenance 687,862 607,012 1,326,362 1,158,997
Property taxes and insurance 59,904 54,516 119,667 107,855
Depreciation and amortization 507,106 461,167 1,006,617 904,176
General and administrative 157,700 136,017 312,458 259,557
Transactions and integration 38,703 22,546 54,388 62,448
Other 13,508 195 13,531 307
Total operating expenses 1,464,783 1,281,453 2,833,023 2,493,340
Operating income before gain on disposition of properties, net 459,257 211,697 726,190 407,447
Gain on disposition of properties, net 7,988 931,830 8,861 932,941
Total operating income 467,245 1,143,527 735,051 1,340,388
Other Income (Expenses):        
Equity in earnings (loss) of unconsolidated entities 36 (12,062) (1,797) (19,702)
Other income, net 137,944 37,747 183,286 70,520
Interest expense (113,943) (109,383) (230,327) (207,847)
Loss on debt extinguishment and modifications     (4,119)  
Income tax expense (33,675) (12,883) (49,683) (30,018)
Net income 457,607 1,046,946 632,411 1,153,341
Net (income) loss attributable to noncontrolling interests (4,318) (14,790) 152 (11,211)
Net income attributable to Digital Realty Trust 453,289 1,032,156 632,563 1,142,130
Preferred stock dividends (10,181) (10,181) (20,362) (20,362)
Net income available to common stockholders $ 443,108 $ 1,021,975 $ 612,201 $ 1,121,768
Net income per share available to common stockholders:        
Basic (in dollars per share) $ 1.25 $ 3.03 $ 1.75 $ 3.33
Diluted (in dollars per share) $ 1.21 $ 2.94 $ 1.68 $ 3.21
Weighted average common shares outstanding:        
Basic (in shares) 354,118 337,589 349,591 337,139
Diluted (in shares) 361,542 345,734 357,355 345,305
Digital Realty Trust, L.P.        
Operating Revenues:        
Total operating revenues $ 1,924,040 $ 1,493,150 $ 3,559,213 $ 2,900,787
Operating Expenses:        
Rental property operating and maintenance 687,862 607,012 1,326,362 1,158,997
Property taxes and insurance 59,904 54,516 119,667 107,855
Depreciation and amortization 507,106 461,167 1,006,617 904,176
General and administrative 157,700 136,017 312,458 259,557
Transactions and integration 38,703 22,546 54,388 62,448
Other 13,508 195 13,531 307
Total operating expenses 1,464,783 1,281,453 2,833,023 2,493,340
Operating income before gain on disposition of properties, net 459,257 211,697 726,190 407,447
Gain on disposition of properties, net 7,988 931,830 8,861 932,941
Total operating income 467,245 1,143,527 735,051 1,340,388
Other Income (Expenses):        
Equity in earnings (loss) of unconsolidated entities 36 (12,062) (1,797) (19,702)
Other income, net 137,944 37,747 183,286 70,520
Interest expense (113,943) (109,383) (230,327) (207,847)
Loss on debt extinguishment and modifications     (4,119)  
Income tax expense (33,675) (12,883) (49,683) (30,018)
Net income 457,607 1,046,946 632,411 1,153,341
Net (income) loss attributable to noncontrolling interests 4,682 6,210 13,152 12,789
Net income attributable to Digital Realty Trust 462,289 1,053,156 645,563 1,166,130
Preferred stock dividends (10,181) (10,181) (20,362) (20,362)
Net income available to common stockholders $ 452,108 $ 1,042,975 $ 625,201 $ 1,145,768
Net income per share available to common stockholders:        
Basic (in dollars per share) $ 1.26 $ 3.04 $ 1.76 $ 3.34
Diluted (in dollars per share) $ 1.22 $ 2.95 $ 1.69 $ 3.23
Weighted average common shares outstanding:        
Basic (in shares) 360,181 343,546 355,698 343,073
Diluted (in shares) 367,605 351,691 363,462 351,239
Rental and other services        
Operating Revenues:        
Total operating revenues $ 1,674,633 $ 1,457,360 $ 3,274,860 $ 2,844,221
Rental and other services | Digital Realty Trust, L.P.        
Operating Revenues:        
Total operating revenues 1,674,633 1,457,360 3,274,860 2,844,221
Fee income and other        
Operating Revenues:        
Total operating revenues 249,407 35,790 284,353 56,566
Fee income and other | Digital Realty Trust, L.P.        
Operating Revenues:        
Total operating revenues $ 249,407 $ 35,790 $ 284,353 $ 56,566