DLR · Digital Realty Trust, Inc.
$200.15
+2.57 (+1.30%)
At close · Aug 14
View the 10-K filed Feb 13, 2026
Customer concentration
— top 20 customers 51% of revenue
20 customers — 51% of revenue (December 31, 2025)
“As of December 31, 2025, the 20 largest customers in our portfolio represented approximately 51% of the total annualized recurring revenue generated by our properties.”
3 customers — 26% of revenue (December 31, 2025)
“Our top three customers represented approximately 26% of the total annualized recurring revenue generated by our properties as of December 31, 2025.”
Market Cap
$70.33B
Shares
351.41M
Digital Realty Trust, Inc. Earnings Call Transcripts
Every quarterly earnings call for Digital Realty Trust, Inc. (DLR) — the full transcript with speaker labels, the audio replay, AI call highlights and a management-tone score, plus the matching 8-K earnings release and the quarter's 10-Q or 10-K. Investor days and conferences appear here too.
Revenue & result across quarters
Revenue Net income YoY up YoY down artefacts
▲5.2%
$1.19B
$237.07M
'22 Q3
22-10-26
▲11%
$1.23B
$3.90M
'22 Q4
23-02-16
▲18.8%
$1.34B
$68.73M
'23 Q1
23-04-27
▲19.9%
$1.37B
$118.18M
'23 Q2
23-07-27
▲17.6%
$1.40B
$733.62M
'23 Q3
23-10-26
▲11.1%
$1.37B
$28.31M
'23 Q4
24-02-15
▼0.6%
$1.33B
$281.51M
'24 Q1
24-05-02
▼0.7%
$1.36B
$80.22M
'24 Q2
24-07-25
▲2.1%
$1.43B
$51.19M
'24 Q3
24-10-24
▲4.8%
$1.44B
$189.57M
'24 Q4
25-02-13
▲5.7%
$1.41B
$109.97M
'25 Q1
25-04-24
▲10.1%
$1.49B
$1.03B
'25 Q2
25-07-24
▲10.2%
$1.58B
$67.81M
'25 Q3
25-10-23
▲13.8%
$1.63B
$98.65M
'25 Q4
26-02-05
LATEST
▲16.2%
$1.64B
$179.27M
'26 Q1
26-04-23
Earnings call
FY26 · Q2
2026-07-23
Digital Realty’s 2Q26 Earnings Conference Call
Confident tone
Renewal spreads and pricing power
Strategic private capital and JVs
Colocation and interconnection momentum
Results not yet reported
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q1
2026-04-23
Digital Realty Trust, Inc. Q1 FY2026 Earnings Call
Confident tone
Bookings & leasing momentum
Global expansion
Zero to 1 MW interconnection product
Revenue
$1.64B
▲ 16.2% YoY Diluted EPS
$0.46
▲ 70.4% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Conference
Investor event
2026-03-02
Morgan Stanley Technology, Media & Telecom Conference
No reported result — non-financial event
Audio
Transcript
Slides
Earnings call
FY25 · Q4
2026-02-05
Digital Realty Trust, Inc. Q4 FY2025 Earnings Call
Confident tone
Hyperscale and large deal activity
Booking momentum and backlog
Geographic expansion (APAC, Southeast Asia)
Revenue
$1.63B*
▲ 13.8% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY25 · Q3
2025-10-23
Digital Realty Trust, Inc. Q3 FY2025 Earnings Call
Confident tone
Hyperscale and strategic metros
AI demand and bookings
Interconnection and connectivity
Revenue
$1.58B
▲ 10.2% YoY Diluted EPS
$0.15
▲ 66.7% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q2
2025-07-24
Digital Realty Trust, Inc. Q2 FY2025 Earnings Call
Confident tone
0-1 MW + Interconnection Bookings Growth
Core FFO and Financial Performance
Industry Rationalization / Utility Constraints
Revenue
$1.49B
▲ 10.1% YoY Diluted EPS
$2.94
▲ 1370% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q1
2025-04-24
Digital Realty Trust, Inc. Q1 FY2025 Earnings Call
Confident tone
AI and cloud demand
Global geographic expansion
Pricing power
Revenue
$1.41B
▲ 5.7% YoY Diluted EPS
$0.27
▼ 67.1% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q4
2025-02-13
Digital Realty Trust, Inc. Q4 FY2024 Earnings Call
Confident tone
0 to 1 megawatt plus interconnection growth
Power and supply chain constraints
Capital recycling and balance sheet
Revenue
$1.44B*
▲ 4.8% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY24 · Q3
2024-10-24
Digital Realty Trust, Inc. Q3 FY2024 Earnings Call
Confident tone
Record leasing volume
AI and power demand
Greater than 1 MW hyperscale leasing
Revenue
$1.43B
▲ 2.1% YoY Diluted EPS
$0.09
▼ 96.1% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q2
2024-07-25
Digital Realty Trust, Inc. Q2 FY2024 Earnings Call
Confident tone
Customer growth and logos
Geographic expansion and capacity pipeline
Capital recycling and balance sheet
Revenue
$1.36B
▼ 0.7% YoY Diluted EPS
$0.20
▼ 41.2% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q1
2024-05-02
Digital Realty Trust, Inc. Q1 FY2024 Earnings Call
Confident tone
AI-driven leasing demand
Record bookings and re-leasing spreads
Core market focus and capacity pipeline
Revenue
$1.33B
▼ 0.6% YoY Diluted EPS
$0.82
▲ 310% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q4
2024-02-15
Digital Realty Trust, Inc. Q4 FY2023 Earnings Call
Confident tone
Leasing performance and pricing
Capital sourcing and balance sheet
AI-driven data center demand
Revenue
$1.37B*
▲ 11.1% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY23 · Q3
2023-10-26
Digital Realty Trust, Inc. Q3 FY2023 Earnings Call
Revenue
$1.40B
▲ 17.6% YoY Diluted EPS
$2.31
▲ 208% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q2
2023-07-27
Digital Realty Trust, Inc. Q2 FY2023 Earnings Call
Revenue
$1.37B
▲ 19.9% YoY Diluted EPS
$0.34
▲ 78.9% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q1
2023-04-27
Digital Realty Trust, Inc. Q1 FY2023 Earnings Call
Revenue
$1.34B
▲ 18.8% YoY Diluted EPS
$0.20
▼ 9.1% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q4
2023-02-16
Digital Realty Trust, Inc. Q4 FY2022 Earnings Call
Revenue
$1.23B*
▲ 11% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY22 · Q3
2022-10-26
Digital Realty Trust, Inc. Q3 FY2022 Earnings Call
Revenue
$1.19B
▲ 5.2% YoY Diluted EPS
$0.75
▲ 70.5% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q2
2022-07-28
Digital Realty Trust, Inc. Q2 FY2022 Earnings Call
Revenue
$1.14B
▲ 4.2% YoY Diluted EPS
$0.19
▼ 57.8% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q1
2022-04-28
Digital Realty Trust, Inc. Q1 FY2022 Earnings Call
Revenue
$1.13B
▲ 3.4% YoY Diluted EPS
$0.22
▼ 83.3% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q4
2022-02-17
Digital Realty Trust, Inc. Q4 FY2021 Earnings Call
Revenue
$1.11B*
▲ 4.6% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY21 · Q3
2021-10-26
Digital Realty Trust, Inc. Q3 FY2021 Earnings Call
Revenue
$1.13B
▲ 10.6% YoY Diluted EPS
$0.44
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q2
2021-07-29
Digital Realty Trust, Inc. Q2 FY2021 Earnings Call
Revenue
$1.09B
▲ 10.1% YoY Diluted EPS
$0.45
▲ 125% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q1
2021-04-29
Digital Realty Trust, Inc. Q1 FY2021 Earnings Call
Revenue
$1.09B
▲ 32.4% YoY Diluted EPS
$1.32
▲ 46.7% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q4
2021-02-11
Digital Realty Trust, Inc. Q4 FY2020 Earnings Call
Revenue
$1.06B
▲ 34.9% YoY Diluted EPS
$0.16
▼ 89.3% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY20 · Q3
2020-10-29
Digital Realty Trust, Inc. Q3 FY2020 Earnings Call
Revenue
$1.02B
▲ 27.1% YoY Diluted EPS
$-0.14
▼ 158.3% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q2
2020-07-30
Digital Realty Trust, Inc. Q2 FY2020 Earnings Call
Revenue
$993.00M
▲ 24% YoY Diluted EPS
$0.20
▲ 33.3% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q1
2020-05-07
Digital Realty Trust, Inc. Q1 FY2020 Earnings Call
Revenue
$823.34M
▲ 1.1% YoY Diluted EPS
$0.90
▲ 95.7% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY19 · Q4
2020-02-13
Digital Realty Trust, Inc. Q4 FY2019 Earnings Call
Revenue
$787.46M
▲ 1.2% YoY Diluted EPS
$1.50
▲ 900% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Showing 1–28 of 28 earnings calls
Key facts
CIK
1297996
CUSIP
253868103
13F (30d)
1239 filings
1177 filers
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