Q2 2026 Digital Realty Trust Inc Earnings Call Transcript
Key Points
- Digital Realty Trust Inc (DLR) reported a 14% year-over-year growth in core FFO, reaching $2.13 per share, exceeding expectations.
- The company achieved record bookings in the 0 to 1-megawatt plus interconnection business, surpassing $100 million.
- Digital Realty Trust Inc (DLR) signed two hyperscale leases post-quarter, demonstrating strong momentum in the greater than a megawatt category.
- The total backlog reached a new record of $1.9 billion, supporting multiple years of double-digit growth.
- Strategic transactions across four growth pillars are expected to bolster the company's growth runway for years to come.
- The company faces risks and uncertainties that could cause actual results to differ materially from forward-looking statements.
- Hyperscale leasing can be episodic, leading to potential fluctuations in quarterly results.
- The company is experiencing increasing public scrutiny and regulatory challenges in certain regions.
- There is a growing supply-demand imbalance in certain markets, which could impact future pricing and availability.
- The company is undertaking significant capital expenditures, which may strain financial resources if not managed effectively.
Good afternoon and welcome to the Digital Realty Second Quarter 2026 Earnings Call. Please note, this event is being recorded. During today's presentation, all parties will be in listen-only mode. Following the presentation, we will conduct a question-and-answer session. Callers will be limited to one question and we will aim to conclude at the top of the hour.
I would now like to turn the call over to Jordan Sadler. Digital Realty's Senior Vice President of Public and Private Investor Relations. Jordan, please go ahead.
Thank you, operator, and welcome, everyone, to Digital Realty's second-quarter 2026 earnings conference call. Joining me on today's call are President and CEO, Andy Power and CFO, Matt Mercier Chief Investment Officer, Greg Wright and Chief Technology Officer, Chris Sharp and Chief Revenue Officer, Colin McLean are also on the call and will be available for Q&A.
Management will be making forward-looking statements,
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
