Digital Realty Trust: Record Revenue and FFO Upgrade Driven by AI Demand
Digital Realty Trust reported record Q2 2026 revenue of $1.92 billion, raised its full-year funds-from-operations (FFO) outlook after record leasing and renewals, driven by strong demand from cloud and AI customers, and announced the planned acquisition of Blackstone's stakes in three fully leased hyperscale data centers.
Key Numbers
Digital Realty Trust (DLR) reported its second-quarter 2026 results, posting record revenue of $1.92 billion, up year-over-year, while net income and earnings per share declined compared to the same period last year. The company raised its full-year funds-from-operations (FFO) outlook after record leasing and renewals.
Key Financial Results
| Metric | Q2 2026 | YoY Change |
|---|---|---|
| Revenue | $1,924.04M | Increase |
| Net Income | Not disclosed | Decline |
| EPS | Not disclosed | Decline |
| Sales | $1,145.94M | Increase |
Highlights from the Report
- Record leasing and renewals driven by AI and cloud demand.
- Planned acquisition of Blackstone's stake in three fully leased hyperscale data centers.
- Raised full-year FFO guidance.
Future Guidance
Digital Realty raised its full-year FFO outlook for fiscal 2026, though specific numbers were not provided in the summary.
Impact on Stock
No stock reaction was mentioned in the summary.
What This Means for Investors
The results underscore strong demand for data centers from AI and cloud customers, supporting the company's growth outlook. However, the decline in net income and EPS warrants attention to costs and margins.
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