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Side-by-side financial comparison of Digital Realty (DLR) and Incyte (INCY). 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 1.3× Incyte). Incyte runs the higher net margin — 23.8% vs 6.0%, a 17.8% gap on every dollar of revenue. On growth, Incyte posted the faster year-over-year revenue change (19.8% vs 16.1%). Over the past eight quarters, Incyte's revenue compounded faster (10.4% CAGR vs 9.8%).

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.

Incyte Corporation is an American multinational pharmaceutical company with headquarters in Wilmington, Delaware. The company currently operates manufacturing and R&D locations in North America, Europe, and Asia.

DLR vs INCY — Head-to-Head

Bigger by revenue
DLR
DLR
1.3× larger
DLR
$1.6B
$1.3B
INCY
Growing faster (revenue YoY)
INCY
INCY
+3.6% gap
INCY
19.8%
16.1%
DLR
Higher net margin
INCY
INCY
17.8% more per $
INCY
23.8%
6.0%
DLR
Faster 2-yr revenue CAGR
INCY
INCY
Annualised
INCY
10.4%
9.8%
DLR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
DLR
DLR
INCY
INCY
Revenue
$1.6B
$1.3B
Net Profit
$98.6M
$303.3M
Gross Margin
Operating Margin
6.9%
23.7%
Net Margin
6.0%
23.8%
Revenue YoY
16.1%
19.8%
Net Profit YoY
-10.3%
91.7%
EPS (diluted)
$0.22
$1.47

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
DLR
INCY
INCY
Q1 26
$1.6B
$1.3B
Q4 25
$1.6B
$1.5B
Q3 25
$1.6B
$1.4B
Q2 25
$1.5B
$1.2B
Q1 25
$1.4B
$1.1B
Q4 24
$1.4B
$1.2B
Q3 24
$1.4B
$1.1B
Q2 24
$1.4B
$1.0B
Net Profit
DLR
DLR
INCY
INCY
Q1 26
$98.6M
$303.3M
Q4 25
$98.6M
$299.3M
Q3 25
$67.8M
$424.2M
Q2 25
$1.0B
$405.0M
Q1 25
$110.0M
$158.2M
Q4 24
$189.6M
$201.2M
Q3 24
$51.2M
$106.5M
Q2 24
$80.2M
$-444.6M
Gross Margin
DLR
DLR
INCY
INCY
Q1 26
Q4 25
92.0%
Q3 25
92.8%
Q2 25
93.5%
Q1 25
93.0%
Q4 24
92.5%
Q3 24
92.4%
Q2 24
92.7%
Operating Margin
DLR
DLR
INCY
INCY
Q1 26
6.9%
23.7%
Q4 25
6.9%
22.3%
Q3 25
8.8%
32.5%
Q2 25
14.2%
43.6%
Q1 25
13.9%
19.5%
Q4 24
10.1%
25.6%
Q3 24
11.8%
12.8%
Q2 24
0.7%
-45.8%
Net Margin
DLR
DLR
INCY
INCY
Q1 26
6.0%
23.8%
Q4 25
6.0%
19.9%
Q3 25
4.3%
31.1%
Q2 25
69.1%
33.3%
Q1 25
7.8%
15.0%
Q4 24
13.2%
17.1%
Q3 24
3.6%
9.4%
Q2 24
5.9%
-42.6%
EPS (diluted)
DLR
DLR
INCY
INCY
Q1 26
$0.22
$1.47
Q4 25
$0.22
$1.46
Q3 25
$0.15
$2.11
Q2 25
$2.94
$2.04
Q1 25
$0.27
$0.80
Q4 24
$0.50
$0.90
Q3 24
$0.09
$0.54
Q2 24
$0.20
$-2.04

Balance Sheet & Financial Strength

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

Metric
DLR
DLR
INCY
INCY
Cash + ST InvestmentsLiquidity on hand
$3.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$22.9B
$5.6B
Total Assets
$49.4B
$7.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLR
DLR
INCY
INCY
Q1 26
$3.5B
Q4 25
$3.5B
$3.1B
Q3 25
$3.3B
$2.5B
Q2 25
$3.6B
$2.0B
Q1 25
$2.3B
$1.9B
Q4 24
$3.9B
$1.7B
Q3 24
$2.2B
$1.3B
Q2 24
$2.3B
$987.3M
Stockholders' Equity
DLR
DLR
INCY
INCY
Q1 26
$22.9B
$5.6B
Q4 25
$22.9B
$5.2B
Q3 25
$23.0B
$4.7B
Q2 25
$22.9B
$4.2B
Q1 25
$21.3B
$3.7B
Q4 24
$21.3B
$3.4B
Q3 24
$21.2B
$3.2B
Q2 24
$20.5B
$3.0B
Total Assets
DLR
DLR
INCY
INCY
Q1 26
$49.4B
$7.3B
Q4 25
$49.4B
$7.0B
Q3 25
$48.7B
$6.3B
Q2 25
$48.7B
$5.8B
Q1 25
$45.1B
$5.7B
Q4 24
$45.3B
$5.4B
Q3 24
$45.3B
$5.0B
Q2 24
$43.6B
$4.7B

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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