Digital Realty Trust Inc (NYSE:DLR) stock rose 2.30% (As on February 6, 11:38:21 AM UTC-4, Source: Google Finance) after the company beats the FFO expectations for the fourth quarter of FY25. In the reported quarter, DLR’s signed total bookings were estimated to generate $400 million of annualized GAAP rental revenues at its share. Total bookings were $175 million, including a $77 million contribution from the 0-1 megawatt category and a $19 million contribution from interconnection. The weighted average lag between the new leases signed in the fourth quarter and the contractual commencement date was eight months. Digital Realty signed renewal leases, marking $269 million of annualized cash rental revenues during the October-December quarter. Rental rates on renewal leases signed during the quarter rose 6.1% on a cash basis and 12% on a GAAP basis. Adjusted EBITDA of $856.8 million in the quarter marked a 14.1% increase year over year. Digital Realty exited the fourth quarter of 2025 with cash and cash equivalents of $3.45 billion, up from $3.30 billion recorded as of Sept. 30, 2025.

Moreover, During the quarter, DLR disposed of a non-core data center in the Dallas metro area for gross proceeds of around $33 million. Digital Realty acquired two land parcels totaling around 20 acres in the Portland metro area, one in the fourth quarter and the other in January, for $23.6 million. These are expected to support 85 megawatts of IT capacity. DLR bought out a building and land in Lisbon, Portugal, for $8.3 million, expected to support up to 2.4 megawatts of IT capacity. Subsequent During the quarter, DLR disposed of a non-core data center in the Dallas metro area for gross proceeds of around $33 million. Digital Realty acquired two land parcels totaling around 20 acres in the Portland metro area, one in the fourth quarter and the other in January, for $23.6 million. DLR contributed $7.1 million. DLR made contributions to the tune of an additional 40% interest in five operating data centers to its Digital Realty DC Partners NA Fund, with its stake at 80% at year-end.

DLR in the fourth quarter of FY25 has reported the adjusted core funds from operations (FFO) per share of $1.86, beating the analysts’ estimates for the adjusted FFO per share of $1.83, according to the Zacks Consensus Estimate. The company had reported the adjusted revenue growth of 13.8 percent to $1.63 billion in the fourth quarter of FY25, beating the analysts’ estimates for revenue of $1.58 billion. DLR also reported “Same-Capital” cash net operating income (NOI) growth of 7.7%.