DLR · Digital Realty Q2 FY2026 earnings call record财报电话会记录

“Digital Realty delivered record results in the second quarter of 2026, reflecting continued execution across multiple regions, products, and customer segments.”

“Today, our customers can access a global community of approximately 6,000 cloud, network, enterprise, and service provider customers across more than 300 data centers worldwide.”

“Leasing activity in this segment was strong across all three regions, though EMEA achieved a new quarterly record.”

“Interconnection bookings of $20.5 million in the quarter also marked a new record, up 18% from the prior year, as these bookings benefit from the overall growth in our 0-1 MW category.”

“With the substantial portion of future revenue already under contract, we enter the second half of 2026 with a high degree of confidence in our growth outlook and a strong foundation for continued earnings growth into 2027 and 2028.”

“In terms of financial statement geography, the $113 million recovery was recognized in interest and other income, whereas the related $19 million tax liability was recorded as income tax expense.”

“Moving on to investment activity, we invested $1.1 billion in development CapEx during the quarter, net of our partners' share, bringing year-to-date capital spending to $2 billion.”

“Despite closing on these assets pre-stabilization, we are still raising full-year 2026 guidance by another 1.5%.”

“CapEx net of partner contributions is expected to increase by $750 million from last quarter to $4.25 billion-$4.75 billion, driven by our recent leasing success and the strong demand outlook.”

“That 1.4 GW of growth capacity is within an overall envelope of now it stands at 9 GW of growth runway for Digital Realty's customers around the world, which we recently added to with some of the markets that we had in the prepared remarks.”

“The nearest term segments of what's up, let's just call it the what's up next and our customers are talking to us about, we're in active dialogue on, is probably close to 1.5 GW of the 2027 and 2028 deliveries.”

“We delivered record 0-1 MW plus interconnection bookings and generated strong hyperscale leasing in the quarter that continued into July, which drove our backlog to a new all-time high, de-risking future growth.”