Digital Realty: 3 Key Takeaways for Long-Term Investors

Digital Realty reported record Q3 2026 results with $855 million in quarterly leasing bookings and raised full-year core FFO guidance. The company achieved record contracted backlog of $2.5 billion ($1.8 billion at company share), providing multiyear revenue visibility through 2028. Strong enterprise demand for AI infrastructure and smaller data center deployments (under 1 megawatt) drove 80% year-over-year growth, while strategic private capital partnerships enable scaling without dilution or excessive leverage.