Digital Realty Trust (DLR-PJ) Operating Expenses (2009 - 2026)
Digital Realty Trust (DLR-PJ) recorded quarterly Operating Expenses of $1.4 billion in Q1 2026, down 10.11% quarter-over-quarter from $1.5 billion in Q4 2025, and up 12.9% on a YoY basis from $1.2 billion in Q1 2025.
Digital Realty Trust (DLR-PJ) Operating Expenses (2009 - 2026) Analysis & Trends
Digital Realty Trust's Operating Expenses history runs 18 years deep, the most recent figure standing at $1.4 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 12.9% year-over-year to $1.4 billion; the TTM figure through Mar 2026 stood at $5.6 billion (up 9.73% YoY), while the FY2025 annual figure was $5.5 billion, up 7.3% from the prior year.
- Operating Expenses was $1.4 billion for Q1 2026 at Digital Realty Trust, down from $1.5 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.5 billion in Q4 2025 to a low of $969.0 million in Q2 2022.
- Historically, Operating Expenses has averaged $1.2 billion across 5 years, with a median of $1.2 billion in 2023.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses advanced 29.91% in 2023, then declined 6.05% in 2024.
- A 5-year view of Operating Expenses shows it stood at $1.1 billion in 2022, then grew by 11.1% to $1.2 billion in 2023, then climbed by 4.53% to $1.3 billion in 2024, then gained by 17.85% to $1.5 billion in 2025, then declined by 10.11% to $1.4 billion in 2026.
- The last three Operating Expenses figures came in at $1.4 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.53 Bn | 101.50 Bn | 2.20 Bn | 1.87 Bn |
| 2 | American Tower | 86.20 Bn | 92.70 Bn | 2.70 Bn | 1.50 Bn |
| 3 | Digital Realty Trust | 63.76 Bn | 62.92 Bn | - | 1.37 Bn |
| 4 | Crown Castle | 38.57 Bn | 38.52 Bn | 984.00 Mn | 545.00 Mn |
| 5 | Iron Mountain | 37.41 Bn | 37.43 Bn | 1.05 Bn | 1.54 Bn |
| 6 | Sba Communications | 20.70 Bn | 20.79 Bn | 532.10 Mn | 128.53 Mn |
| 7 | Weyerhaeuser | 17.74 Bn | 17.44 Bn | 318.00 Mn | 120.00 Mn |
| 8 | Lamar Advertising | 15.68 Bn | 15.63 Bn | 403.56 Mn | 399.87 Mn |
| 9 | Gaming & Leisure Properties | 13.22 Bn | 13.62 Bn | - | 86.64 Mn |
| 10 | Digital Realty Trust | - | - | - | 1.37 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.37 Bn |
| Dec 31, 2025 | 1.52 Bn |
| Sep 30, 2025 | 1.44 Bn |
| Jun 30, 2025 | 1.28 Bn |
| Mar 31, 2025 | 1.21 Bn |
| Dec 31, 2024 | 1.29 Bn |
| Sep 30, 2024 | 1.26 Bn |
| Jun 30, 2024 | 1.35 Bn |
| Mar 31, 2024 | 1.18 Bn |
| Dec 31, 2023 | 1.24 Bn |
| Sep 30, 2023 | 1.34 Bn |
| Jun 30, 2023 | 1.21 Bn |
| Mar 31, 2023 | 1.16 Bn |
| Dec 31, 2022 | 1.11 Bn |
| Sep 30, 2022 | 1.03 Bn |
| Jun 30, 2022 | 968.95 Mn |
| Mar 31, 2022 | 986.09 Mn |
| Dec 31, 2021 | 979.67 Mn |
| Sep 30, 2021 | 948.77 Mn |
| Jun 30, 2021 | 907.56 Mn |