Digital Realty Trust (DLR) Operating Expenses (2009 - 2026)
Digital Realty Trust's (DLR) quarterly Operating Expenses came in at $1.4 billion in Q1 2026, up 12.9% year-on-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.
- On a quarterly basis, Operating Expenses rose 12.9% year-over-year to $1.4 billion in Q1 2026; TTM through Mar 2026 was $5.6 billion, a 9.73% increase from a year earlier, with the FY2025 full-year figure at $5.5 billion, up 7.3% from the prior year.
- Operating Expenses slipped to $1.4 billion in Q1 2026 per DLR's latest filing, from $1.5 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $1.5 billion in Q4 2025 and bottomed 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.
- Across the five-year window, Operating Expenses grew 29.91% in 2023 and retreated 6.05% in 2024, its largest moves.
- Year by year, Operating Expenses 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.
- Per Business Quant, the three latest DLR Operating Expenses figures stand at $1.4 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.4 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 103.05 Bn | 99.99 Bn | 1.26 Bn | 1.87 Bn |
| 2 | American Tower | 77.66 Bn | 77.54 Bn | 2.70 Bn | 1.50 Bn |
| 3 | Digital Realty Trust | 67.48 Bn | 65.06 Bn | - | 1.37 Bn |
| 4 | Iron Mountain | 37.71 Bn | 37.46 Bn | 1.05 Bn | 1.54 Bn |
| 5 | Crown Castle | 32.38 Bn | 32.33 Bn | 23.00 Mn | 545.00 Mn |
| 6 | Sba Communications | 18.28 Bn | 18.28 Bn | 532.10 Mn | 360.59 Mn |
| 7 | Weyerhaeuser | 17.26 Bn | 16.96 Bn | 318.00 Mn | 120.00 Mn |
| 8 | Lamar Advertising | 16.38 Bn | 16.34 Bn | 344.69 Mn | 381.94 Mn |
| 9 | Gaming & Leisure Properties | 12.82 Bn | 12.82 Bn | - | 86.64 Mn |
| 10 | OUTFRONT Media | 5.65 Bn | 5.58 Bn | 202.10 Mn | 373.70 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 |