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Digital Realty Trust Inc

digitalrealty.com

Digital Realty Trust (NYSE: DLR) is a real estate investment trust (REIT) that owns and operates data center properties. It makes money by leasing space, power, and interconnection capacity inside its data centers to tenants under long-term contracts. The company is organized as a Maryland corporation and operates through its operating partnership, Digital Realty Trust, L.P. Its common stock is listed on the New York Stock Exchange. The 10-K filed February 13, 2026 covers the fiscal year ended December 31, 2025. The filing is structured as a combined report for both Digital Realty Trust, Inc. (the parent) and Digital Realty Trust, L.P. (the operating partnership), with the parent consolidating the operating partnership for financial reporting purposes.

Products & Services

Data center colocation space, powered shell capacity, interconnection services, and related data center facilities made available to tenants under lease arrangements.

Revenue Model

Revenue is generated through leasing data center space and associated services, including power and interconnection, to tenants under lease agreements. As a REIT, the company distributes the majority of its taxable income to shareholders.

Customers & Markets

The filing excerpts do not provide specific customer names, customer concentration data, or end-market breakdowns. Tenants are enterprises and other organizations requiring data center infrastructure.

Geographic Exposure

The filing excerpts do not specify geographic revenue breakdown or property counts by region.

Financial Snapshot

Revenue
TTM
$6.771B
Gross Margin
TTM
57.7%
Net Income
TTM
$764.4M
Current Assets
2026 Q2
$4.222B
Current Liabilities
2026 Q2
$5.892B
Current Ratio
2026 Q2
71.65%
Total Assets
2026 Q2
$54.52B
Total Liabilities
2026 Q2
$27.08B
Book Value
2026 Q2
27.43B
Cash
2026 Q2
$1.865B
P/E
TTM
91.26
Free Cash Flow
TTM
-$655.4M

Stock Price

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Market Cap: $69.754 Billion

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