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Side-by-side financial comparison of Digital Realty (DLR) and Liberty Energy Inc. (LBRT). Click either name above to swap in a different company.

Digital Realty is the larger business by last-quarter revenue ($1.6B vs $1.0B, roughly 1.6× Liberty Energy Inc.). Digital Realty runs the higher net margin — 6.0% vs 2.2%, a 3.8% gap on every dollar of revenue. On growth, Digital Realty posted the faster year-over-year revenue change (16.1% vs 4.5%). Over the past eight quarters, Digital Realty's revenue compounded faster (9.8% CAGR vs -6.2%).

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.

Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.

DLR vs LBRT — Head-to-Head

Bigger by revenue
DLR
DLR
1.6× larger
DLR
$1.6B
$1.0B
LBRT
Growing faster (revenue YoY)
DLR
DLR
+11.7% gap
DLR
16.1%
4.5%
LBRT
Higher net margin
DLR
DLR
3.8% more per $
DLR
6.0%
2.2%
LBRT
Faster 2-yr revenue CAGR
DLR
DLR
Annualised
DLR
9.8%
-6.2%
LBRT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
DLR
DLR
LBRT
LBRT
Revenue
$1.6B
$1.0B
Net Profit
$98.6M
$22.6M
Gross Margin
Operating Margin
6.9%
2.2%
Net Margin
6.0%
2.2%
Revenue YoY
16.1%
4.5%
Net Profit YoY
-10.3%
64.8%
EPS (diluted)
$0.22
$0.14

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
LBRT
LBRT
Q1 26
$1.6B
$1.0B
Q4 25
$1.6B
$1.0B
Q3 25
$1.6B
$947.4M
Q2 25
$1.5B
$1.0B
Q1 25
$1.4B
$977.5M
Q4 24
$1.4B
$943.6M
Q3 24
$1.4B
$1.1B
Q2 24
$1.4B
$1.2B
Net Profit
DLR
DLR
LBRT
LBRT
Q1 26
$98.6M
$22.6M
Q4 25
$98.6M
$13.7M
Q3 25
$67.8M
$43.1M
Q2 25
$1.0B
$71.0M
Q1 25
$110.0M
$20.1M
Q4 24
$189.6M
$51.9M
Q3 24
$51.2M
$73.8M
Q2 24
$80.2M
$108.4M
Gross Margin
DLR
DLR
LBRT
LBRT
Q1 26
Q4 25
20.6%
Q3 25
18.7%
Q2 25
22.1%
Q1 25
22.1%
Q4 24
21.4%
Q3 24
26.2%
Q2 24
27.9%
Operating Margin
DLR
DLR
LBRT
LBRT
Q1 26
6.9%
2.2%
Q4 25
6.9%
1.9%
Q3 25
8.8%
-0.3%
Q2 25
14.2%
3.6%
Q1 25
13.9%
1.9%
Q4 24
10.1%
2.6%
Q3 24
11.8%
9.4%
Q2 24
0.7%
12.2%
Net Margin
DLR
DLR
LBRT
LBRT
Q1 26
6.0%
2.2%
Q4 25
6.0%
1.3%
Q3 25
4.3%
4.5%
Q2 25
69.1%
6.8%
Q1 25
7.8%
2.1%
Q4 24
13.2%
5.5%
Q3 24
3.6%
6.5%
Q2 24
5.9%
9.3%
EPS (diluted)
DLR
DLR
LBRT
LBRT
Q1 26
$0.22
$0.14
Q4 25
$0.22
$0.08
Q3 25
$0.15
$0.26
Q2 25
$2.94
$0.43
Q1 25
$0.27
$0.12
Q4 24
$0.50
$0.31
Q3 24
$0.09
$0.44
Q2 24
$0.20
$0.64

Balance Sheet & Financial Strength

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

Metric
DLR
DLR
LBRT
LBRT
Cash + ST InvestmentsLiquidity on hand
$3.5B
$699.1M
Total DebtLower is stronger
$7.1M
Stockholders' EquityBook value
$22.9B
$1.9B
Total Assets
$49.4B
$4.4B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLR
DLR
LBRT
LBRT
Q1 26
$3.5B
$699.1M
Q4 25
$3.5B
$27.6M
Q3 25
$3.3B
$13.5M
Q2 25
$3.6B
$19.6M
Q1 25
$2.3B
$24.1M
Q4 24
$3.9B
$20.0M
Q3 24
$2.2B
$23.0M
Q2 24
$2.3B
$30.0M
Total Debt
DLR
DLR
LBRT
LBRT
Q1 26
$7.1M
Q4 25
$246.6M
Q3 25
Q2 25
Q1 25
Q4 24
$190.5M
Q3 24
Q2 24
Stockholders' Equity
DLR
DLR
LBRT
LBRT
Q1 26
$22.9B
$1.9B
Q4 25
$22.9B
$2.1B
Q3 25
$23.0B
$2.1B
Q2 25
$22.9B
$2.0B
Q1 25
$21.3B
$2.0B
Q4 24
$21.3B
$2.0B
Q3 24
$21.2B
$2.0B
Q2 24
$20.5B
$1.9B
Total Assets
DLR
DLR
LBRT
LBRT
Q1 26
$49.4B
$4.4B
Q4 25
$49.4B
$3.6B
Q3 25
$48.7B
$3.5B
Q2 25
$48.7B
$3.4B
Q1 25
$45.1B
$3.4B
Q4 24
$45.3B
$3.3B
Q3 24
$45.3B
$3.3B
Q2 24
$43.6B
$3.2B
Debt / Equity
DLR
DLR
LBRT
LBRT
Q1 26
0.00×
Q4 25
0.12×
Q3 25
Q2 25
Q1 25
Q4 24
0.10×
Q3 24
Q2 24

Financial Flow Comparison

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

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