
	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except per share data)	2026		2025		2026		2025
Net income (loss) allocated to common stockholders


Income (Loss) from continuing operations attributable to DigitalBridge Group, Inc.	$	227,756	$	30,075	$	253,061	$	47,775

Preferred dividends	(14,660)		(14,660)		(29,320)		(29,320)
(Income) Loss allocated to participating securities	(3,529)		(401)		(4,005)		(351)
Income (Loss) from continuing operations attributable to common stockholders	209,567		15,014		219,736		18,104
Income (Loss) from discontinued operations attributable to common stockholders	(416)		1,547		(5,756)		(2,371)


Net income (loss) allocated to common stockholders—basic and diluted	$	209,151	$	16,561	$	213,980	$	15,733
Weighted average common shares outstanding
Weighted average number of common shares outstanding—basic	181,131		173,059		180,237		172,373
Weighted average effect of dilutive shares (1)(2)	955		34		920		76
Weighted average number of common shares outstanding—diluted	182,086		173,093		181,157		172,449
Income (Loss) per share—basic
Income (Loss) from continuing operations	$	1.15	$	0.09	$	1.22	$	0.10
Income (Loss) from discontinued operations	0.00		0.01		(0.03)		(0.01)
Net income (loss) attributable to common stockholders per common share—basic	$	1.15	$	0.10	$	1.19	$	0.09
Income (Loss) per share—diluted
Income (Loss) from continuing operations	$	1.15	$	0.09	$	1.21	$	0.10
Income (Loss) from discontinued operations	0.00		0.01		(0.03)		(0.01)
Net income (loss) attributable to common stockholders per common share—diluted	$	1.15	$	0.10	$	1.18	$	0.09

(1) The calculation of diluted earnings per share includes the weighted average effect of class A common shares and share equivalents issuable in relation to the following dilutive securities: (i) performance stock units (Note 12) of 136,470 and 34,000 for the three months ended June 30, 2026 and 2025, respectively, and 117,278 and 36,200 for the six months ended June 30, 2026 and 2025, respectively; and (ii) equity-classified DBRG stock warrants that were in-the-money of 818,048 for the three months ended June 30, 2026 (none for the three months ended June 30, 2025), and 803,166 and 39,400 for the six months ended June 30, 2026 and 2025, respectively.

(2) OP units may be redeemed for registered or unregistered class A common stock of the Company on a one-for-one basis and are not dilutive. At June 30, 2026 and 2025, 3,010,113 and 7,560,400 of OP units, respectively, were not included in the computation of diluted earnings per share in the respective periods presented.