Digital Realty Trust (DLR) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter decreased compared to the immediately preceding quarter but increased relative to the same quarter one year earlier. The sequential decline reflects a reversal from the prior quarter's growth.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter decreased compared to the immediately preceding quarter but increased relative to the same quarter one year earlier. The sequential decline reflects a reversal from the prior quarter's growth.
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
-2.0%
Change from the immediately preceding quarter.
Year-over-year
+5.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.6B
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 |
|---|---|---|
| Jun 30, 2024 | $1.4B | -0.7% |
| Sep 30, 2024 | $1.4B | +2.1% |
| Dec 31, 2024 | $1.4B | +4.8% |
| Mar 31, 2025 | $1.4B | +5.7% |
Revenue performance
The reported revenue direction is down from the prior quarter, marking a sequential decline after previous quarters of growth.
Quarterly comparison
Compared to the same quarter one year ago, revenue increased, indicating year-over-year improvement. However, versus the immediately preceding quarter, revenue declined.
What to watch
Monitor leasing activity and renewal rates, as they are critical to sustaining revenue growth.