Digital Realty Trust (DLR) Operating Expenses (2009 - 2026)
Digital Realty Trust (DLR) posted quarterly Operating Expenses of $1.4 billion for Q1 2026, up 12.9% year-over-year from $1.2 billion in Q1 2025, and down 10.11% quarter-over-quarter from $1.5 billion in Q4 2025.
Digital Realty Trust (DLR) 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 for Q1 2026 stood at $1.4 billion, down from $1.5 billion in the prior quarter.
- The five-year high for Operating Expenses was $1.5 billion in Q4 2025, with the low at $969.0 million in Q2 2022.
- The 5-year median for Operating Expenses is $1.2 billion (2023), against an average of $1.2 billion.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses gained 29.91% in 2023, then dropped 6.05% in 2024.
- Digital Realty Trust's Operating Expenses stood at $1.1 billion in 2022, then climbed by 11.1% to $1.2 billion in 2023, then advanced by 4.53% to $1.3 billion in 2024, then rose by 17.85% to $1.5 billion in 2025, then dropped by 10.11% to $1.4 billion in 2026.
- Business Quant data shows DLR's Operating Expenses at $1.4 billion in Q1 2026, $1.5 billion in Q4 2025, and $1.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.74 Bn | 104.52 Bn | 1.40 Bn | 1.96 Bn |
| 2 | American Tower | 82.05 Bn | 80.29 Bn | 2.72 Bn | 1.48 Bn |
| 3 | Digital Realty Trust | 68.79 Bn | 66.93 Bn | - | 1.46 Bn |
| 4 | Iron Mountain | 36.65 Bn | 36.44 Bn | 1.07 Bn | 1.66 Bn |
| 5 | Crown Castle | 32.67 Bn | 31.63 Bn | 989.00 Mn | 538.00 Mn |
| 6 | Sba Communications | 19.18 Bn | 19.18 Bn | 539.27 Mn | 363.41 Mn |
| 7 | Weyerhaeuser | 17.80 Bn | 17.27 Bn | 311.00 Mn | 116.00 Mn |
| 8 | Lamar Advertising | 15.33 Bn | 15.26 Bn | 422.53 Mn | 408.79 Mn |
| 9 | Gaming & Leisure Properties | 12.49 Bn | 12.49 Bn | - | 98.13 Mn |
| 10 | Rayonier | 6.43 Bn | 6.01 Bn | 75.67 Mn | 361.86 Mn |
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 |