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DBRG

DigitalBridge Group, Inc.

DBRG

DigitalBridge Group, Inc. • NYSE
$9.71 ▲ 2.00% (+0.19)
Market Cap $1.77 B
52w High $14.00
52w Low $6.41
Dividend Yield 0.04%
P/E 80.92
Volume 1.45M
Outstanding Shares 182.67M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $124.031M ▲ $66.157M ▲ $31.414M ▼ 25.328% ▼ $0.09 ▼ $-1.078M ▼
Q2-2025 $111.867M ▲ $15.07M ▼ $31.622M ▲ 28.267% ▼ $0.096 ▲ $96.797M ▲
Q1-2025 $45.447M ▼ $63.817M ▼ $13.782M ▲ 30.325% ▲ $0.019 ▲ $755K ▼
Q4-2024 $66.174M ▼ $71.64M ▼ $-5.051M ▼ -7.633% ▼ $-0.12 ▼ $17.988M ▼
Q3-2024 $76.125M $73.459M $13.778M 18.099% $-0.014 $60.136M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $358.416M ▲ $3.491B ▲ $971.387M ▲ $2.052B ▲
Q2-2025 $340.698M ▼ $3.409B ▼ $957.753M ▼ $2.019B ▲
Q1-2025 $349.912M ▲ $3.439B ▼ $974.263M ▼ $1.961B ▲
Q4-2024 $302.154M ▲ $3.513B ▼ $1.022B ▼ $1.959B ▼
Q3-2024 $294.416M $3.543B $1.037B $1.98B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $31.115M ▲ $56.499M ▼ $-29.005M ▲ $-7.568M ▲ $18.929M ▲ $56.136M ▼
Q2-2025 $29.575M ▲ $76.973M ▲ $-71.752M ▼ $-17.417M ▲ $-9.085M ▼ $76.351M ▲
Q1-2025 $17.926M ▲ $50.298M ▲ $17.474M ▲ $-21.875M ▼ $47.808M ▲ $49.992M ▲
Q4-2024 $765K ▼ $28.704M ▼ $-4.373M ▼ $-13.035M ▲ $7.822M ▼ $28.421M ▼
Q3-2024 $12.306M $35.901M $10.38M $-15.886M $32.56M $35.901M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Management Service
Management Service
 $100.00M ▲$0 ▼$90.00M ▲$90.00M ▲
Management Service Base
Management Service Base
 $90.00M ▲$90.00M ▲$80.00M ▼$90.00M ▲
Management Service Other
Management Service Other
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement DigitalBridge’s income statement tells a story of a long turnaround. A few years ago, the company was posting heavy losses; more recently it has moved into modest but positive profitability. Operating performance has steadily improved, with better margins and more disciplined costs as the firm exited legacy businesses and refocused on digital infrastructure asset management. Revenue, however, has been a bit uneven rather than on a smooth upward path, which suggests that the business is still normalizing and somewhat sensitive to deal activity and market conditions. Overall, it looks like a company that has largely completed a painful restructuring and is now in a more stable, but still developing, earnings phase.

Balance Sheet

Balance Sheet The balance sheet has been radically simplified. Total assets and debt have fallen sharply over the past few years, reflecting the sale of non-core assets and a move away from being a heavily owned-asset REIT toward a more capital-light manager. Debt levels are now relatively low compared with the equity base, which reduces financial risk and interest burden. Cash is adequate but not excessive, so the company is not sitting on a huge liquidity cushion, yet doesn’t appear stretched either. In short, the balance sheet looks cleaner, less leveraged, and more aligned with an asset-management model than with a traditional property-owning REIT.

Cash Flow

Cash Flow Cash flow from operations has been consistently positive, which is a good sign that the core business is generating real cash, not just accounting profits. In earlier years, free cash flow was deeply negative because the company was investing heavily in assets and growth initiatives. More recently, free cash flow has swung to clearly positive territory as large investment outlays have tapered off. This pattern suggests a transition from a build-out and restructuring phase toward a period of harvesting and monetizing prior investments. Future cash flow will likely depend on new fund launches, performance fees, and how aggressively DigitalBridge re-enters another investment cycle.

Competitive Edge

Competitive Edge DigitalBridge has carved out a distinctive niche as a specialist in digital infrastructure rather than a general real estate player. Its “full-stack” approach across data centers, towers, fiber, small cells, and edge assets gives it a broad view of how networks fit together, which can be attractive to large tech and telecom customers. The firm’s operator background, not just financial engineering, is a key differentiator: it can help run and scale assets, not just own them. Securing a very large pool of power capacity for data centers is an important strategic asset at a time when AI and cloud computing are power-hungry and power is scarce in key markets. Relationships with hyperscalers, carriers, and institutional investors deepen this moat. Risks include intense competition from other infrastructure and private equity funds, rising construction and energy costs, and the possibility that large technology firms may build more capacity in-house.

Innovation and R&D

Innovation and R&D DigitalBridge does not do lab-style R&D, but it is highly active in business and infrastructure innovation. Its major themes revolve around AI-driven data center demand, power as a scarce and strategic resource, and the convergence of digital infrastructure types. The company’s “AI-focused power bank” strategy—locking in large amounts of power for data centers—positions it well for GPU-heavy workloads. Portfolio companies are incorporating automation and AI to run facilities more efficiently and sustainably. On the product side, DigitalBridge has created a range of investment strategies, from value-add to core-plus, credit, liquid strategies, and ventures, and is now pushing into wealth-channel access with partners like Franklin Templeton. Planned initiatives in “Digital Energy” and stabilized data center strategies aim to control more of the energy value chain and capture demand for lower-risk, income-oriented vehicles. Venture investments in AI and infrastructure software provide optionality on future technology shifts. Overall, innovation is more strategic and structural than purely technological, but it is clearly central to the firm’s identity.

Summary

DigitalBridge today looks like a reshaped company: it has moved from a troubled, asset-heavy REIT with large losses to a focused digital infrastructure asset manager with a cleaner balance sheet and improving profitability. The business is now more about managing and scaling digital platforms—data centers, towers, fiber—than about owning broad, traditional real estate. Financially, leverage is much lower, operating performance has improved, and cash flows are more supportive, though revenue and earnings are not yet on a perfectly smooth trajectory. Strategically, the firm is tightly aligned with powerful secular trends in AI, cloud, and global connectivity, and it has tried to secure scarce inputs like power ahead of peers. The main opportunities lie in continued growth of digital infrastructure demand and in expanding its product set and investor base. The main risks are competitive pressure, capital intensity in the ecosystem, energy and regulatory constraints, and dependence on fundraising and investment cycles. It is best viewed as a specialized, higher-complexity digital infrastructure platform rather than a conventional, steady-income REIT.

NEWS

November 26, 2025 · 6:00 AM UTC

DigitalBridge Signs Strategic MOU with KT Corporation to Develop Next-Generation AI Data Centers in Korea

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November 18, 2025 · 9:30 PM UTC

DigitalBridge Announces Total Commitments of $11.7 Billion in Fund and Related Fund LP Co-Investment Commitments for DigitalBridge Partners III

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October 30, 2025 · 6:05 AM UTC

DigitalBridge Reports Third Quarter 2025 Financial Results

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October 20, 2025 · 4:00 PM UTC

WIDEOPENWEST INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates Buyout by DigitalBridge Group and Crestview Partners of WideOpenWest, Inc. – WOW

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October 7, 2025 · 8:30 AM UTC

WIDEOPENWEST INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates Buyout by DigitalBridge Group and Crestview Partners of WideOpenWest, Inc. – WOW

Read more