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Side-by-side financial comparison of Digital Realty (DLR) and IDEX Corporation (IEX). Click either name above to swap in a different company.
Digital Realty is the larger business by last-quarter revenue ($1.6B vs $398.4M, roughly 4.1× IDEX Corporation). IDEX Corporation runs the higher net margin — 30.1% vs 6.0%, a 24.1% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (16.7% vs 16.1%). Over the past eight quarters, Digital Realty's revenue compounded faster (9.8% CAGR vs -29.4%).
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.
IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.
DLR vs IEX — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.6B | $398.4M |
| Net Profit | $98.6M | $120.0M |
| Gross Margin | — | 99.9% |
| Operating Margin | 6.9% | 43.3% |
| Net Margin | 6.0% | 30.1% |
| Revenue YoY | 16.1% | 16.7% |
| Net Profit YoY | -10.3% | 25.7% |
| EPS (diluted) | $0.22 | $1.61 |
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.
| Q2 26 | — | $398.4M | ||
| Q1 26 | $1.6B | $407.7M | ||
| Q4 25 | $1.6B | $899.1M | ||
| Q3 25 | $1.6B | $878.7M | ||
| Q2 25 | $1.5B | $865.4M | ||
| Q1 25 | $1.4B | $814.3M | ||
| Q4 24 | $1.4B | $862.9M | ||
| Q3 24 | $1.4B | $798.2M |
| Q2 26 | — | $120.0M | ||
| Q1 26 | $98.6M | $128.3M | ||
| Q4 25 | $98.6M | $128.3M | ||
| Q3 25 | $67.8M | $127.8M | ||
| Q2 25 | $1.0B | $131.6M | ||
| Q1 25 | $110.0M | $95.5M | ||
| Q4 24 | $189.6M | $123.2M | ||
| Q3 24 | $51.2M | $119.1M |
| Q2 26 | — | 99.9% | ||
| Q1 26 | — | 94.9% | ||
| Q4 25 | — | 43.1% | ||
| Q3 25 | — | 44.5% | ||
| Q2 25 | — | 45.3% | ||
| Q1 25 | — | 45.3% | ||
| Q4 24 | — | 42.5% | ||
| Q3 24 | — | 44.3% |
| Q2 26 | — | 43.3% | ||
| Q1 26 | 6.9% | 45.0% | ||
| Q4 25 | 6.9% | 20.4% | ||
| Q3 25 | 8.8% | 21.1% | ||
| Q2 25 | 14.2% | 21.7% | ||
| Q1 25 | 13.9% | 17.4% | ||
| Q4 24 | 10.1% | 19.2% | ||
| Q3 24 | 11.8% | 21.0% |
| Q2 26 | — | 30.1% | ||
| Q1 26 | 6.0% | 31.5% | ||
| Q4 25 | 6.0% | 14.3% | ||
| Q3 25 | 4.3% | 14.5% | ||
| Q2 25 | 69.1% | 15.2% | ||
| Q1 25 | 7.8% | 11.7% | ||
| Q4 24 | 13.2% | 14.3% | ||
| Q3 24 | 3.6% | 14.9% |
| Q2 26 | — | $1.61 | ||
| Q1 26 | $0.22 | $1.71 | ||
| Q4 25 | $0.22 | $1.71 | ||
| Q3 25 | $0.15 | $1.70 | ||
| Q2 25 | $2.94 | $1.74 | ||
| Q1 25 | $0.27 | $1.26 | ||
| Q4 24 | $0.50 | $1.61 | ||
| Q3 24 | $0.09 | $1.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.5B | $586.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $22.9B | $4.0B |
| Total Assets | $49.4B | $6.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | $586.2M | ||
| Q1 26 | $3.5B | $580.0M | ||
| Q4 25 | $3.5B | $580.0M | ||
| Q3 25 | $3.3B | $593.8M | ||
| Q2 25 | $3.6B | $568.2M | ||
| Q1 25 | $2.3B | $594.1M | ||
| Q4 24 | $3.9B | $620.8M | ||
| Q3 24 | $2.2B | $633.2M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | — | $1.9B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.1B |
| Q2 26 | — | $4.0B | ||
| Q1 26 | $22.9B | $4.0B | ||
| Q4 25 | $22.9B | $4.0B | ||
| Q3 25 | $23.0B | $4.0B | ||
| Q2 25 | $22.9B | $4.0B | ||
| Q1 25 | $21.3B | $3.9B | ||
| Q4 24 | $21.3B | $3.8B | ||
| Q3 24 | $21.2B | $3.8B |
| Q2 26 | — | $6.9B | ||
| Q1 26 | $49.4B | $6.9B | ||
| Q4 25 | $49.4B | $6.9B | ||
| Q3 25 | $48.7B | $7.0B | ||
| Q2 25 | $48.7B | $6.9B | ||
| Q1 25 | $45.1B | $6.8B | ||
| Q4 24 | $45.3B | $6.7B | ||
| Q3 24 | $45.3B | $7.0B |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 0.45× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | — | 0.46× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.52× | ||
| Q3 24 | — | 0.55× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | — |
| Free Cash FlowOCF − Capex | — | $86.0M |
| FCF MarginFCF / Revenue | — | 21.6% |
| Capex IntensityCapex / Revenue | — | 4.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $654.3M |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $719.0M | $209.5M | ||
| Q3 25 | $652.9M | $203.5M | ||
| Q2 25 | $641.2M | $161.7M | ||
| Q1 25 | $399.1M | $105.7M | ||
| Q4 24 | $769.5M | $172.6M | ||
| Q3 24 | $566.5M | $205.3M |
| Q2 26 | — | $86.0M | ||
| Q1 26 | — | $189.8M | ||
| Q4 25 | — | $189.8M | ||
| Q3 25 | — | $188.7M | ||
| Q2 25 | — | $146.9M | ||
| Q1 25 | — | $91.4M | ||
| Q4 24 | — | $157.1M | ||
| Q3 24 | — | $191.6M |
| Q2 26 | — | 21.6% | ||
| Q1 26 | — | 46.6% | ||
| Q4 25 | — | 21.1% | ||
| Q3 25 | — | 21.5% | ||
| Q2 25 | — | 17.0% | ||
| Q1 25 | — | 11.2% | ||
| Q4 24 | — | 18.2% | ||
| Q3 24 | — | 24.0% |
| Q2 26 | — | 4.4% | ||
| Q1 26 | — | 15.6% | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | — | 1.7% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 7.29× | 1.63× | ||
| Q3 25 | 9.63× | 1.59× | ||
| Q2 25 | 0.62× | 1.23× | ||
| Q1 25 | 3.63× | 1.11× | ||
| Q4 24 | 4.06× | 1.40× | ||
| Q3 24 | 11.07× | 1.72× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
