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DigitalBridge Group (DBRG) Q1 2026 earnings results (first quarter 2026)

10-Q filed Apr 28, 2026

DigitalBridge Group (DBRG) reported revenue of $72.2M for the first quarter 2026 (Q1 2026), +59% from a year earlier and +51% from the quarter before. Operating margin was 4.8%, net earnings $20.0M (27.6% of revenue).

Revenue$72.2M
Year over year+59%
Quarter over quarter+51%
Operating margin4.8%
Net earnings$20.0M

DigitalBridge Group, Q1 2026: revenue $72.2M (+59% year over year), operating margin 4.8%, net earnings $20.0M, operating cash flow −$40.0M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$72.2M+51%+59%
Operating profit$3.5M——
Net earnings$20.0M-69%+45%
Operating cash flow−$40.0M-153%-179%

What changed

Revenue was $72.2M in Q1 2026, up 59% year over year and up 51% from the previous quarter.

Operating profit was $3.5M, a 4.8% margin (up 26.5 points year over year). Total costs grew 24% against revenue growth of 59%. The fastest-growing cost line was Other operating costs (+25%). Net earnings were $20.0M, up 45% year over year ($2.0M including minority interests, which bore $17.9M of losses). The effective tax rate was -0.4%.

Operating cash flow was −$40.0M. Non-cash charges added back $5.3M of depreciation and amortization and $6.9M of share-based compensation. Working capital and other items used $54.2M. Capital expenditures of $146K exceeded it, leaving free cash flow of −$40.1M.

Questions

What was DigitalBridge Group's revenue in the first quarter 2026?

DigitalBridge Group (DBRG) reported revenue of $72.2M for the first quarter 2026 (Q1 2026), +59% from a year earlier and +51% from the quarter before.

Was DigitalBridge Group profitable in the first quarter 2026?

Operating profit was $3.5M (4.8% of revenue) and net earnings $20.0M.

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Source: DigitalBridge Group 10-Q on SEC EDGAR.