HighGravityDataDigital Realty — Apr 23, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-26-047702
Showing in the filing
Constant-Currency Core FFO per share outlook
“$7.95 - $8.05”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 25
Core FFO per share outlook for FY2026
“$8.00 - $8.10”
Core Funds From Operations / share for FY2026
“$8.00 - $8.10”
Constant-Currency Core FFO per share outlook for FY2026
“$7.95 - $8.05”
Total revenue for FY2026
“$6.600 - $6.700 billion”
Net non-cash rent adjustments for FY2026
“($90 - $95 million)”
Adjusted EBITDA for FY2026
“$3.600 - $3.700 billion”
Rental rates on renewal leases - Cash basis for FY2026
“6.0% - 8.0%”
Rental rates on renewal leases - GAAP basis for FY2026
“8.5% - 10.5%”
Year-end portfolio occupancy for FY2026
“+50 - 100 bps”
"Same-Capital" cash NOI growth for FY2026
“4.0% - 5.0%”
U.S. Dollar / Pound Sterling for FY2026
“$1.32 - $1.37”
U.S. Dollar / Euro for FY2026
“$1.15 - $1.20”
Dispositions / Joint Venture Capital - Dolla… for FY2026
“$500 - $1,000 million”
Dispositions / Joint Venture Capital - Cap r… for FY2026
“0.0% - 10.0%”
Development CapEx (Net of Partner Contributi… for FY2026
“$3,500 - $4,000 million”
Development - Average stabilized yields for FY2026
“10.0%+”
Enhancements and other non-recurring CapEx for FY2026
“$30 - $35 million”
Recurring CapEx + capitalized leasing costs for FY2026
“$400 - $425 million”
Long-term debt issuance - Dollar amount for the long term
“$1,500 - $2,000 million”
Long-term debt issuance - Pricing for the long term
“4.0% - 4.5%”
Net income per diluted share for FY2026
“$2.65 - $2.75”
Funds From Operations / share (NAREIT-Defined) for FY2026
“$7.60 - $7.70”
Non-core expenses and revenue streams for FY2026
“$0.40 - $0.40”
Constant-Currency Core Funds From Operations… for FY2026
“$7.90 - $8.00”
Foreign currency translation adjustments for FY2026
“($0.05) - ($0.05)”
Exhibit 99.1 · the passage around this item
… earlier in the release
Highlights ◾ Reported net income available to common stockholders of $0.46 per share in 1Q26, compared to $0.27 in 1Q25 ◾ Reported FFO per share of $1.99 in 1Q26, compared to $1.67 in 1Q25 ◾ Reported Core FFO per share of $2.04 in 1Q26, compared to $1.77 in 1Q25; reported Constant-Currency Core FFO per share of $1.96 in 1Q26 ◾ Signed total bookings during 1Q26 that are expected to generate $707 million of annualized GAAP base rent at 100% share ; at Digital Realty ’ s share, total bookings were $423 million, including a $98 million contribution from the 0 - 1 megawatt plus interconnection category ◾ Reported a total backlog of $1.8 billion of annualized GAAP base rent at 100% share at the end of 1Q26; at Digital Realty ’ s share, the total backlog was $1.0 billion ◾ Reported rental rate increases on renewal leases of 5.0% on a cash basis in 1Q26 ◾ Raised 2026 Core FFO per share outlook to $8.00 - $8.10 and 2026 Constant-Currency Core FFO per share outlook to $7.95 - $8.05 Financial Results Digital Realty reported total revenues of $1.6 billion in the first quarter of 2026, in line with the previous quarter and a 16% increase from the same quarter last year. The company delivered net income of $175 million in the first quarter of 2026, as well as net income available to common stockholders of $169 million and $0.46 per share, compared to $0.24 per share in the previous quarter and $0.27 per share in the same quarter last year. Digital Realty generated Adjusted EBITDA of $920 million in the first quarter of 2026, a 7% increase from the previous quarter and a 16% increase over the same quarter last year. The company reported Funds From Operations (FFO) of $700 million in the first quarter of 2026, or $1.99 per share, compared to $1.89 per share in the previous quarter and $1.67 per share in the same quarter last year. Excluding certain items that do not represent core expenses or revenue streams, Digital Realty delivered Core FFO per share of $2.04 in the first quarter of 2026, compared to $1.86 per share in the previous quarter and $1.77 per share in the same quarter last year. Digital Realty delivered Constant-Currency Core FFO per share of $1.96
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.