Loading...
•
Mar 31, 2025
Digital Realty Q1 2025 Earnings Report
Digital Realty reported steady performance with strong leasing activity and a record backlog.
Key Takeaways
Digital Realty delivered solid Q1 2025 results, with revenue hitting $1.4 billion and a net income of $100 million. Core FFO per share grew to $1.77, supported by strong leasing demand and increased rental rates.
Generated $1.4 billion in revenue, up 6% YoY.
Net income reached $100 million with diluted EPS at $0.27.
Signed $242 million in total bookings, pushing backlog to $919 million.
Raised Core FFO guidance to $7.05–$7.15 for FY25.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Digital Realty raised its 2025 Core FFO outlook and expects sustained leasing momentum and solid development returns.
Positive Outlook
- Raised Core FFO guidance to $7.05–$7.15.
- Maintained constant-currency Core FFO range.
- Revenue outlook increased to $5.825–$5.925 billion.
- Adjusted EBITDA expected between $3.125–$3.225 billion.
- CapEx plans reaffirmed with strong development yield expectations.
Challenges Ahead
- Cash rent adjustments revised lower to -$50 to -$55 million.
- Slight increase in G&A expense outlook to $505–$515 million.
- Persistent FX headwinds moderated guidance translation gains.
- Fixed interest expenses remain elevated amid debt load.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...