How do Digital Realty and Global Payments compare by revenue?

Digital Realty reported revenue of $1.6B in Q1 FY2026, while Global Payments reported $1.3B in Q4 FY2025. Digital Realty is 1.2× larger by last-quarter revenue.

Which is growing revenue faster, Digital Realty or Global Payments?

Digital Realty's latest revenue grew 16.1% year-over-year, versus -47.1% for Global Payments. Digital Realty is growing faster on a YoY basis.

Which has a higher net margin, Digital Realty or Global Payments?

Digital Realty's net margin is 6.0% vs Global Payments's 16.4%. Global Payments has the higher bottom-line margin.

What is the 2-year revenue CAGR for Digital Realty vs Global Payments?

Over the trailing 8 quarters, Digital Realty compounded revenue at roughly 9.8% per year, versus -25.9% for Global Payments. Digital Realty has the faster medium-term growth trajectory.

Where does this DLR vs GPN data come from?

All figures are parsed directly from SEC EDGAR 10-Q / 10-K / 20-F / 6-K filings (for US-listed issuers) or EDINET filings (for Japanese issuers), then normalised into a common schema. Numbers update automatically as new filings are released.

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Side-by-side financial comparison of Digital Realty (DLR) and Global Payments (GPN). Click either name above to swap in a different company.

Digital Realty is the larger business by last-quarter revenue ($1.6B vs $1.3B, roughly 1.2× Global Payments). Global Payments runs the higher net margin — 16.4% vs 6.0%, a 10.3% gap on every dollar of revenue. On growth, Digital Realty posted the faster year-over-year revenue change (16.1% vs -47.1%). Over the past eight quarters, Digital Realty's revenue compounded faster (9.8% CAGR vs -25.9%).

Digital RealtyDLREarnings & Financial Report

NYSE · Real Estate · Data Center REITs

Digital Realty is a real estate investment trust that owns, operates and invests in carrier-neutral data centers across the world. The company offers data center, colocation, and interconnection services.

Global PaymentsGPNEarnings & Financial Report

NYSE · Financials · Transaction & Payment Processing Services

Global Payments Inc. is an American multinational financial technology company that provides payment technology and services to merchants, issuers and consumers. In June 2021, the company was named to the Fortune 500. The company processes payments made through credit cards, debit cards, and digital and contactless payments.

DLR vs GPN — Head-to-Head

Bigger by revenue

DLR

1.2× larger

$1.6B

$1.3B

Growing faster (revenue YoY)

DLR

+63.3% gap

16.1%

-47.1%

Higher net margin

GPN

10.3% more per $

16.4%

6.0%

Faster 2-yr revenue CAGR

DLR

Annualised

9.8%

-25.9%

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric	DLR	GPN
Revenue	$1.6B	$1.3B
Net Profit	$98.6M	$217.5M
Gross Margin	—	89.7%
Operating Margin	6.9%	5.9%
Net Margin	6.0%	16.4%
Revenue YoY	16.1%	-47.1%
Net Profit YoY	-10.3%	-61.6%
EPS (diluted)	$0.22	$0.91

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue

DLR

GPN

Q1 26	$1.6B	—
Q4 25	$1.6B	$1.3B
Q3 25	$1.6B	$2.0B
Q2 25	$1.5B	$2.0B
Q1 25	$1.4B	$2.4B
Q4 24	$1.4B	$2.5B
Q3 24	$1.4B	$2.6B
Q2 24	$1.4B	$2.6B

Net Profit

DLR

GPN

Q1 26	$98.6M	—
Q4 25	$98.6M	$217.5M
Q3 25	$67.8M	$635.2M
Q2 25	$1.0B	$241.6M
Q1 25	$110.0M	$305.7M
Q4 24	$189.6M	$567.2M
Q3 24	$51.2M	$315.1M
Q2 24	$80.2M	$374.8M

Gross Margin

DLR

GPN

Q1 26	—	—
Q4 25	—	89.7%
Q3 25	—	72.3%
Q2 25	—	74.5%
Q1 25	—	61.8%
Q4 24	—	62.1%
Q3 24	—	63.6%
Q2 24	—	63.5%

Operating Margin

DLR

GPN

Q1 26	6.9%	—
Q4 25	6.9%	5.9%
Q3 25	8.8%	38.8%
Q2 25	14.2%	21.8%
Q1 25	13.9%	19.5%
Q4 24	10.1%	33.1%
Q3 24	11.8%	18.3%
Q2 24	0.7%	22.3%

Net Margin

DLR

GPN

Q1 26	6.0%	—
Q4 25	6.0%	16.4%
Q3 25	4.3%	31.6%
Q2 25	69.1%	12.3%
Q1 25	7.8%	12.7%
Q4 24	13.2%	22.5%
Q3 24	3.6%	12.1%
Q2 24	5.9%	14.6%

EPS (diluted)

DLR

GPN

Q1 26	$0.22	—
Q4 25	$0.22	$0.91
Q3 25	$0.15	$2.64
Q2 25	$2.94	$0.99
Q1 25	$0.27	$1.24
Q4 24	$0.50	$2.23
Q3 24	$0.09	$1.24
Q2 24	$0.20	$1.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric	DLR	GPN
Cash + ST InvestmentsLiquidity on hand	$3.5B	$8.3B
Total DebtLower is stronger	—	$19.5B
Stockholders' EquityBook value	$22.9B	$22.9B
Total Assets	$49.4B	$53.3B
Debt / EquityLower = less leverage	—	0.85×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

DLR

GPN

Q1 26	$3.5B	—
Q4 25	$3.5B	$8.3B
Q3 25	$3.3B	$2.6B
Q2 25	$3.6B	$2.6B
Q1 25	$2.3B	$2.9B
Q4 24	$3.9B	$2.5B
Q3 24	$2.2B	$2.9B
Q2 24	$2.3B	$2.1B

Total Debt

DLR

GPN

Q1 26	—	—
Q4 25	—	$19.5B
Q3 25	—	$13.3B
Q2 25	—	$14.2B
Q1 25	—	$15.0B
Q4 24	—	$15.2B
Q3 24	—	$15.2B
Q2 24	—	$15.6B

Stockholders' Equity

DLR

GPN

Q1 26	$22.9B	—
Q4 25	$22.9B	$22.9B
Q3 25	$23.0B	$22.7B
Q2 25	$22.9B	$22.6B
Q1 25	$21.3B	$22.2B
Q4 24	$21.3B	$22.3B
Q3 24	$21.2B	$22.8B
Q2 24	$20.5B	$22.4B

Total Assets

DLR

GPN

Q1 26	$49.4B	—
Q4 25	$49.4B	$53.3B
Q3 25	$48.7B	$48.0B
Q2 25	$48.7B	$48.5B
Q1 25	$45.1B	$47.6B
Q4 24	$45.3B	$46.9B
Q3 24	$45.3B	$50.0B
Q2 24	$43.6B	$50.8B

Debt / Equity

DLR

GPN

Q1 26	—	—
Q4 25	—	0.85×
Q3 25	—	0.59×
Q2 25	—	0.63×
Q1 25	—	0.67×
Q4 24	—	0.68×
Q3 24	—	0.67×
Q2 24	—	0.70×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric	DLR	GPN
Operating Cash FlowLast quarter	—	$515.2M
Free Cash FlowOCF − Capex	—	$347.0M
FCF MarginFCF / Revenue	—	26.1%
Capex IntensityCapex / Revenue	—	12.7%
Cash ConversionOCF / Net Profit	—	2.37×
TTM Free Cash FlowTrailing 4 quarters	—	$2.0B