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Digital Realty Trust Earnings Release Highlights ■ Austin , TX - July 29 , 2021 - Digital Realty ( NYSE : DLR ) , the largest global provider of cloud- and carrier - neutral data center , colocation and interconnection solutions , announced today financial results for the second quarter of 2021. All per - share results are presented on a fully - diluted share and unit basis . ■ ■ ■ DIGITAL REALTY ■ DIGITAL REALTY REPORTS SECOND QUARTER 2021 RESULTS Second Quarter 2021 Reported net income available to common stockholders of $ 0.45 per share in 2Q21 , compared to net income available to common stockholders of $ 0.20 in 2Q20 Reported FFO per share of $ 1.78 in 2Q21 , compared to $ 1.49 in 2Q20 Reported core FFO per share of $ 1.54 in 2Q21 - including a $ 0.12 non - cash charge to reflect the higher corporate tax rate in the UK - compared to $ 1.54 in 2020 Signed total bookings during 2Q21 expected to generate $ 113 million of annualized GAAP rental revenue , including a $ 13 million contribution from interconnection Revised core FFO per share outlook from $ 6.50- $ 6.55 to $ 6.45- $ 6.50 , likewise including the $ 0.12 non - cash charge related to the higher corporate tax rate in the UK Financial Results Digital Realty reported revenues for the second quarter of 2021 of $ 1.1 billion , unchanged from the previous quarter and a 10 % increase from the same quarter last year . The company delivered second quarter of 2021 net income of $ 126 million , and net income available to common stockholders of $ 127 million , or $ 0.45 per diluted share , compared to $ 1.32 per diluted share in the previous quarter and $ 0.20 per diluted share in the same quarter last year . Digital Realty generated second quarter of 2021 Adjusted EBITDA of $ 603 million , a 2 % decrease from the previous quarter and an 8 % increase over the same quarter last year . The company reported second quarter of 2021 funds from operations of $ 515 million , or $ 1.78 per share , compared to $ 1.49 per share in the previous quarter and $ 1.49 per share in the same quarter last year . Excluding certain items that do not represent core expenses or revenue streams ( but including a $ 0.12 non - cash charge related to the higher corporate tax rate in the UK ) , Digital Realty delivered second quarter of 2021 core FFO per share of $ 1.54 , an 8 % decrease from $ 1.67 per share in the previous quarter , and unchanged from $ 1.54 per share in the same quarter last year . Leasing Activity In the second quarter , Digital Realty signed total bookings expected to generate $ 113 million of annualized GAAP rental revenue , including a $ 13 million contribution from interconnection . " Digital Realty's global platform , strong customer relationships , and a healthy demand environment for data center services drove solid second quarter financial results , " said Digital Realty Chief Executive Officer A. William Stein . " Bookings in the quarter reflect the continued adoption of Platform DIGITAL with strong new logo growth and balanced product sales . By investing to support our customers ' growth around the world , we are widening our competitive moat which results in sustainable growth for our shareholders . " The weighted - average lag between leases signed during the second quarter of 2021 and the contractual commencement date was seven months . In addition to new leases signed , Digital Realty also signed renewal leases representing $ 178 million of annualized GAAP rental revenue during the quarter . Rental rates on renewal leases signed during the second quarter of 2021 rolled up 0.1 % on a cash basis and up 2.1 % on a GAAP basis .