vs

Side-by-side financial comparison of Digital Realty (DLR) and Organon & Co. (OGN). Click either name above to swap in a different company.

Digital Realty is the larger business by last-quarter revenue ($1.6B vs $1.5B, roughly 1.1× Organon & Co.). Digital Realty runs the higher net margin — 6.0% vs -13.6%, a 19.6% gap on every dollar of revenue. On growth, Digital Realty posted the faster year-over-year revenue change (16.1% vs -5.3%). Over the past eight quarters, Digital Realty's revenue compounded faster (9.8% CAGR vs -3.6%).

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.

Organon & Co. is an American pharmaceutical company headquartered in Jersey City, New Jersey. Organon specializes in the following core therapeutic fields: reproductive medicine, contraception, psychiatry, hormone replacement therapy (HRT), and anesthesia. Organon produces all its products outside of the United States but receives a third of its revenue from the United States.

DLR vs OGN — Head-to-Head

Bigger by revenue
DLR
DLR
1.1× larger
DLR
$1.6B
$1.5B
OGN
Growing faster (revenue YoY)
DLR
DLR
+21.5% gap
DLR
16.1%
-5.3%
OGN
Higher net margin
DLR
DLR
19.6% more per $
DLR
6.0%
-13.6%
OGN
Faster 2-yr revenue CAGR
DLR
DLR
Annualised
DLR
9.8%
-3.6%
OGN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DLR
DLR
OGN
OGN
Revenue
$1.6B
$1.5B
Net Profit
$98.6M
$-205.0M
Gross Margin
49.2%
Operating Margin
6.9%
-9.8%
Net Margin
6.0%
-13.6%
Revenue YoY
16.1%
-5.3%
Net Profit YoY
-10.3%
-288.1%
EPS (diluted)
$0.22
$-0.78

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
OGN
OGN
Q1 26
$1.6B
Q4 25
$1.6B
$1.5B
Q3 25
$1.6B
$1.6B
Q2 25
$1.5B
$1.6B
Q1 25
$1.4B
$1.5B
Q4 24
$1.4B
$1.6B
Q3 24
$1.4B
$1.6B
Q2 24
$1.4B
$1.6B
Net Profit
DLR
DLR
OGN
OGN
Q1 26
$98.6M
Q4 25
$98.6M
$-205.0M
Q3 25
$67.8M
$160.0M
Q2 25
$1.0B
$145.0M
Q1 25
$110.0M
$87.0M
Q4 24
$189.6M
$109.0M
Q3 24
$51.2M
$359.0M
Q2 24
$80.2M
$195.0M
Gross Margin
DLR
DLR
OGN
OGN
Q1 26
Q4 25
49.2%
Q3 25
53.5%
Q2 25
54.8%
Q1 25
55.6%
Q4 24
56.3%
Q3 24
58.3%
Q2 24
58.4%
Operating Margin
DLR
DLR
OGN
OGN
Q1 26
6.9%
Q4 25
6.9%
-9.8%
Q3 25
8.8%
15.2%
Q2 25
14.2%
14.4%
Q1 25
13.9%
6.7%
Q4 24
10.1%
8.1%
Q3 24
11.8%
13.1%
Q2 24
0.7%
14.6%
Net Margin
DLR
DLR
OGN
OGN
Q1 26
6.0%
Q4 25
6.0%
-13.6%
Q3 25
4.3%
10.0%
Q2 25
69.1%
9.1%
Q1 25
7.8%
5.8%
Q4 24
13.2%
6.8%
Q3 24
3.6%
22.7%
Q2 24
5.9%
12.1%
EPS (diluted)
DLR
DLR
OGN
OGN
Q1 26
$0.22
Q4 25
$0.22
$-0.78
Q3 25
$0.15
$0.61
Q2 25
$2.94
$0.56
Q1 25
$0.27
$0.33
Q4 24
$0.50
$0.42
Q3 24
$0.09
$1.38
Q2 24
$0.20
$0.75

Balance Sheet & Financial Strength

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

Metric
DLR
DLR
OGN
OGN
Cash + ST InvestmentsLiquidity on hand
$3.5B
$574.0M
Total DebtLower is stronger
$8.6B
Stockholders' EquityBook value
$22.9B
$752.0M
Total Assets
$49.4B
$12.9B
Debt / EquityLower = less leverage
11.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLR
DLR
OGN
OGN
Q1 26
$3.5B
Q4 25
$3.5B
$574.0M
Q3 25
$3.3B
$672.0M
Q2 25
$3.6B
$599.0M
Q1 25
$2.3B
$547.0M
Q4 24
$3.9B
$675.0M
Q3 24
$2.2B
$763.0M
Q2 24
$2.3B
$704.0M
Total Debt
DLR
DLR
OGN
OGN
Q1 26
Q4 25
$8.6B
Q3 25
$8.8B
Q2 25
$8.9B
Q1 25
$9.0B
Q4 24
$8.9B
Q3 24
$8.7B
Q2 24
$8.7B
Stockholders' Equity
DLR
DLR
OGN
OGN
Q1 26
$22.9B
Q4 25
$22.9B
$752.0M
Q3 25
$23.0B
$906.0M
Q2 25
$22.9B
$733.0M
Q1 25
$21.3B
$542.0M
Q4 24
$21.3B
$472.0M
Q3 24
$21.2B
$493.0M
Q2 24
$20.5B
$144.0M
Total Assets
DLR
DLR
OGN
OGN
Q1 26
$49.4B
Q4 25
$49.4B
$12.9B
Q3 25
$48.7B
$13.6B
Q2 25
$48.7B
$13.5B
Q1 25
$45.1B
$13.2B
Q4 24
$45.3B
$13.1B
Q3 24
$45.3B
$12.8B
Q2 24
$43.6B
$12.2B
Debt / Equity
DLR
DLR
OGN
OGN
Q1 26
Q4 25
11.49×
Q3 25
9.74×
Q2 25
12.14×
Q1 25
16.52×
Q4 24
18.81×
Q3 24
17.75×
Q2 24
60.11×

Cash Flow & Capital Efficiency

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

Metric
DLR
DLR
OGN
OGN
Operating Cash FlowLast quarter
$141.0M
Free Cash FlowOCF − Capex
$96.0M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$538.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLR
DLR
OGN
OGN
Q1 26
Q4 25
$719.0M
$141.0M
Q3 25
$652.9M
$264.0M
Q2 25
$641.2M
$220.0M
Q1 25
$399.1M
$75.0M
Q4 24
$769.5M
$390.0M
Q3 24
$566.5M
$141.0M
Q2 24
$573.2M
$332.0M
Free Cash Flow
DLR
DLR
OGN
OGN
Q1 26
Q4 25
$96.0M
Q3 25
$218.0M
Q2 25
$181.0M
Q1 25
$43.0M
Q4 24
$335.0M
Q3 24
$99.0M
Q2 24
$300.0M
FCF Margin
DLR
DLR
OGN
OGN
Q1 26
Q4 25
6.4%
Q3 25
13.6%
Q2 25
11.4%
Q1 25
2.8%
Q4 24
21.0%
Q3 24
6.3%
Q2 24
18.7%
Capex Intensity
DLR
DLR
OGN
OGN
Q1 26
Q4 25
3.0%
Q3 25
2.9%
Q2 25
2.4%
Q1 25
2.1%
Q4 24
3.5%
Q3 24
2.7%
Q2 24
2.0%
Cash Conversion
DLR
DLR
OGN
OGN
Q1 26
Q4 25
7.29×
Q3 25
9.63×
1.65×
Q2 25
0.62×
1.52×
Q1 25
3.63×
0.86×
Q4 24
4.06×
3.58×
Q3 24
11.07×
0.39×
Q2 24
7.15×
1.70×

Financial Flow Comparison

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

Related Comparisons