Digital Realty Trust (DLR) earnings and revenue breakdown
Latest: Q3 2026 · 8-K filed Oct 29, 2026
Q3 2026 Revenue up 21% year over year to $1.9B · 10¢ of every $1 of revenue kept as net profit · operating margin 15.9%
Digital Realty Trust made $1.9B in Q3 2026 (+21% Y/Y). Operating margin 15.9%, net earnings $195M. See where every dollar goes — costs, profit and cash — as a Sankey from the 8-K filed Oct 29, 2026 (preliminary, from the earnings release).
Revenue$1.9B
Year over year+21%
Operating margin15.9%
Net earnings$195M
Operating cash flow—
Drawing the Sankey…
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Digital Realty Trust Q3 2026 revenue breakdown — free to use with credit and a link (terms). Share on XEmbed this chart on your site
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What changed this quarter
Revenue was $1.9B in Q3 2026, up 21% year over year.
Operating profit was $0.30B, a 15.9% margin (up 7.1 points year over year). Of the extra revenue versus Q3 2025, 50% reached operating profit, above the 9% margin then. Total costs grew 11% against revenue growth of 21%. The fastest-growing cost line was General & admin (+20%). Net earnings were $0.20B, up 188% year over year. The effective tax rate was 4.3%.
Quarterly history
Quarter
Form
Filed
Revenue
Y/Y
Op. margin
Net earnings
Op. cash flow
Q3 2026
8-K
Oct 29, 2026
$1.9B
+21%
15.9%
$195M
—
Q2 2026
10-Q
Jul 31, 2026
$1.9B
+29%
24.3%
$453M
$1.1B
Q1 2026
10-Q
May 1, 2026
$1.6B
+16%
16.4%
$179M
$532M
Q4 2025
10-K
Feb 13, 2026
$1.6B
+14%
6.9%
$98.6M
$719M
Q3 2025
10-Q
Oct 31, 2025
$1.6B
+10%
8.8%
$67.8M
$653M
Q2 2025
10-Q
Aug 1, 2025
$1.5B
+10%
14.2%
$1.0B
$641M
Q1 2025
10-Q
May 1, 2025
$1.4B
+6%
14.0%
$110M
$399M
Charts
Latest (Q3 2026): Y/Y +21%, Q/Q -1%.From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.Latest (Q1 2026): Net income $175M, Operating cash flow $532M.+132387.4% since FY2020: more shares outstanding (issuance, stock pay).Real Estate Investment Trusts; dot size is quarterly revenue; dashed lines are the industry's medians.
Digital Realty Trust, Inc., through its controlling interest in Digital Realty Trust, L.P. and the subsidiaries of the Operating Partnership, is a leading global provider of data center, colocation and interconnection solutions for customers across a variety of industry verticals. The Parent operates as a REIT for U.S. federal income tax purposes. The Operating Partnership is the entity through which the Parent conducts its business of owning, acquiring, developing and operating data centers. The Parent was incorporated in the state of Maryland on March 9, 2004. The Operating Partnership was organized as a limited partnership in the state of Maryland on July 21, 2004.
In its own words, from its 10-K, filed Feb 13, 2026.
Digital Realty Trust against its Real Estate Investment Trusts peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +21% against the peers' median +13%. Operating margin: 15.9% against the peers' median 20.6%.
