Digital Realty Trust Inc

DLR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Digital Realty Earnings: Eyewatering Hyperscaler Investments Justify Aggressive Buildout

Martin Szumski

Feb 6, 2026

Digital Realty reported sturdy results, with operating revenue and adjusted EBITDA increasing 14%, driven by interconnectivity gains and re-leasing spread growth. The firm continues to tout its $1.4 billion rent backlog, with plans to commence over $1 billion in annualized rent in 2026.

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Digital Realty Trust Inc

Digital Realty Earnings: Eyewatering Hyperscaler Investments Justify Aggressive Buildout

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