Digital Realty's Q1 Profit Jumps 63% on Strong 16% Revenue Growth
DLR sits 40% above its 52-week low of $146.23.
Summary
Digital Realty Trust reported robust first-quarter results, with profit surging 63% to $179.27 million, or $0.46 per share, compared to $109.97 million, or $0.27 per share, in the prior year. Revenue also saw a significant 16.2% increase, reaching $1.635 billion. These strong Q1 figures represent new, material information for the data center REIT, following its 2025 10-K filing in February and recent proxy statements. The substantial growth in both top and bottom lines is likely to be viewed positively by investors, especially as the stock is currently trading near its 52-week high, potentially reinforcing its valuation and driving further momentum. Traders will be watching for management commentary on future guidance and demand trends.
At the time of this announcement, DLR was trading at $205.03 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $69B. The 52-week trading range was $146.23 to $204.94. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: dpa-AFX.