v3.26.1
Segment Reporting
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting
15. Segment Reporting
The entirety of the Company's business, inclusive of all income and expense from continuing operations of the Company as a whole, is reported as a single reportable segment. The approach of managing the whole Company as a single business is consistent with the manner in which its Chief Executive Officer, in the role as the Company's chief operating decision maker or CODM, assesses the allocation of resources and performance of the Company.
The segment earnings measure is net income (loss) from continuing operations attributable to common stockholders.
The CODM is provided with significant expense categories that are consistent with those disclosed in the consolidated statements of operations and additionally, budgeted fee revenue, compensation and administrative expenses of the Company. This information, along with the segment earnings measure, is used by the CODM to monitor financial performance from core operations of the business against budget and in making strategic decisions regarding key areas of growth for the business and consequently, investment or divestment of resources. The CODM does not review disaggregated assets by segment.
Segment Results of Operations
The following table presents net income (loss) from continuing operations attributable to common stockholders for the Company's single reportable segment and is reconciled to the consolidated statement of operations.
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2026202520262025
Revenues
Fee revenue$87,837 $85,262 $175,146 $175,401 
Carried interest allocation (reversal)286,018 (115,074)241,289 (170,538)
Principal investment income127,838 20,437 152,424 25,744 
Other income6,986 6,168 12,056 11,633 
Total revenues508,679 (3,207)580,915 42,240 
Expenses
Compensation expense—cash and equity-based50,464 47,002 99,614 93,112 
Compensation expense—incentive fee and carried interest allocation (reversal) 185,455 (43,372)162,315 (65,676)
Administrative and other expenses21,784 11,440 41,521 27,386 
Interest expense5,484 4,570 9,027 8,468 
Transaction-related costs6,192 4,208 20,360 8,629 
Depreciation and amortization5,498 8,585 10,818 15,811 
Total expenses274,877 32,433 343,655 87,730 
Other income (loss)
Other gain (loss), net4,494 9,063 8,547 8,544 
Income (loss) from continuing operations before income taxes238,296 (26,577)245,807 (36,946)
Income tax benefit (expense)(941)(753)(933)(1,054)
Income (loss) from continuing operations237,355 (27,330)244,874 (38,000)
Income (loss) from continuing operations attributable to noncontrolling interests:
Redeemable noncontrolling interests882 1,397 2,008 649 
Investment entities3,435 (59,785)(15,778)(87,667)
Operating Company5,282 983 5,583 1,243 
Income (loss) from continuing operations attributable to DigitalBridge Group, Inc. $227,756 $30,075 $253,061 $47,775 
Preferred stock dividends14,660 14,660 29,320 29,320 
Income (loss) from continuing operations attributable to common stockholders$213,096 $15,415 $223,741 $18,455 
Reconciliation of segment earnings measure to consolidated statement of operations:
Income (loss) from continuing operations attributable to common stockholders$213,096 $15,415 $223,741 $18,455 
Income (loss) from discontinued operations attributable to common stockholders(416)1,547 (5,756)(2,371)
Net income (loss) attributable to common stockholders$212,680 $16,962 $217,985 $16,084 
Geography
Geographic information about the Company's total revenues from continuing operations and long-lived assets, excluding assets of discontinued operations, are as follows. Geography is generally presented as the location in which income generating services are substantially performed.
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)
2026202520262025
Total revenues by geography:
United States$492,302 $(16,262)$552,140 $16,828 
Europe (1)
11,968 10,444 22,322 20,428 
Other1,298 21 2,057 36 
Total (2)
$505,568 $(5,797)$576,519 $37,292 
(In thousands)June 30, 2026December 31, 2025
Long-lived assets by geography:
United States$14,307 $16,319 
Europe10,174 10,878 
Other788 1,028 
Total (3)
$25,269 $28,225 
__________
(1)    Revenues generated in Europe are predominantly U.S. dollar denominated.
(2)    Total revenues excludes cost reimbursement income from affiliates (Note 14) that is included within other income.
(3)    Long-lived assets include lease right-of-use assets and fixed assets, and exclude financial instruments, goodwill and intangible assets.