Digital Realty said total operating revenues for 2024 increased by approximately $77.9 million compared to 2023. Stabilized rental and other services revenue decreased by $62.8 million, while non-stabilized revenue increased by $115.1 million, the company said.

1. 01

   Digital Realty said total operating revenues for 2024 increased by approximately $77.9 million compared to 2023. Stabilized rental and other services revenue decreased by $62.8 million, while non-stabilized revenue increased by $115.1 million, the company said.

2. 02

   Digital Realty said gain on disposition of properties, net decreased approximately $304.7 million for 2024 compared to 2023. In 2024, the company sold its interest in 4 data centers to Brookfield for approximately $271 million and received approximately $385 million of net proceeds from the contribution of its data centers to the 2 phase of the Blackstone joint venture.

3. 03

   Digital Realty said it generated net proceeds of approximately $1.9 billion during 2024 from the issuance of approximately 11.4 million shares under the 2023 Sales Agreement. The company also received net proceeds of approximately $1.7 billion from an underwritten offering that closed on May 10, 2024.

4. 04

   Digital Realty said cash provided by operating activities for 2024 increased by $626.7 million compared to 2023. As of December 31, 2024, cash and cash equivalents totaled $3,870.9 million, excluding restricted cash of $5.8 million.

Key figures

Fiscal year ended December 31, 2024

Revenue

$5.6B

Operating income

$472M

Net income

$602M

EPS

$1.61

Operating cash flow

$2.3B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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