# Digital Realty Raises Annual Forecast After Record Leasing Bookings

New leases had a weighted-average 17-month interval before contractual commencement.

By Will Langan | 24X7 News
Published: 2026-10-29T23:01:36.592Z
Updated: 2026-10-29T23:01:36.592Z
Section: Technology
Format: News
Canonical: https://24x7news.us/articles/digital-realty-third-quarter-results-october-29-2026

Digital Realty raised its annual core funds-from-operations forecast on October 29 after reporting record third-quarter leasing bookings.

The data-center operator expects 2026 core FFO, excluding net promote income, of $8.30–$8.35 per share. FFO and core FFO are supplemental measures distinct from GAAP net income.

Quarterly revenue reached approximately $1.9 billion, up 21% from a year earlier. Net income available to common stockholders was $185 million, or 48 cents per share, compared with 15 cents per share a year earlier.

Core FFO excluding net promote was $2.10 per share, versus $1.89 a year earlier and $2.13 in the preceding quarter.

New leases signed during the quarter are expected to generate $627 million in annualized GAAP base rent at Digital Realty’s ownership share. The comparable figure including partners’ interests was $855 million.

These bookings are future rental commitments rather than revenue already collected. The weighted-average interval between signing and contractual commencement was 17 months.

Signed leases that had not commenced represented $1.8 billion in annualized base rent at the company’s share at September 30.

Sources:
Digital Realty — October 29 Results via GlobeNewswire: https://www.stocktitan.net/news/DLR/digital-realty-reports-third-quarter-2026-4dws53vtaum2.html

## Sources
- Digital Realty — October 29 Results via GlobeNewswire: https://www.stocktitan.net/news/DLR/digital-realty-reports-third-quarter-2026-4dws53vtaum2.html