Digital Realty Trust (DLR) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter rose compared to the immediately preceding period. However, it fell relative to the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter rose compared to the immediately preceding period. However, it fell relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.4B
Revenue reported for this quarter.
Quarter-over-quarter
+1.9%
Change from the immediately preceding quarter.
Year-over-year
-0.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $1.4B | +17.6% |
| Dec 31, 2023 | $1.4B | +11.1% |
| Mar 31, 2024 | $1.3B | -0.6% |
| Jun 30, 2024 | $1.4B | -0.7% |
Revenue performance
The reported revenue increased on a sequential basis from the prior quarter.
Quarterly comparison
Compared to the same quarter a year ago, revenue was lower. The sequential gain contrasted with the year-over-year decline.
What to watch
The mix of sequential growth and annual contraction may be a key trend to monitor.