Digital Realty raises 2025 Core FFO outlook to $7.32-$7.38 after Q3 revenue rises 10%
Digital Realty reported third-quarter 2025 results on October 23, 2025, with revenue of $1.6 billion, up 10% from a year earlier, and Core FFO of $1.89 per diluted share, up from $1.67. The company raised its 2025 Core FFO per share outlook to $7.32-$7.38 from $7.15-$7.25, which signals higher expected cash earnings for shareholders this year.
Key points
- Q3 2025 revenue of $1.6 billion, up 10% from the same quarter last year; net income available to common stockholders was $0.15 per diluted share, compared with $0.09 a year earlier.
- Core FFO per diluted share of $1.89 versus $1.67 in Q3 2024; FFO per share of $1.65 versus $1.55.
- 2025 Core FFO per share outlook raised to $7.32-$7.38, up from $7.15-$7.25 in the July 24, 2025 outlook; total revenue outlook raised to $6.025-$6.075 billion.
- Signed bookings expected to generate $201 million of annualized GAAP rental revenue at 100% share; backlog of signed-but-not-commenced leases was $852 million at quarter-end.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.