What is DigitalBridge Group's latest dividend and current dividend yield?

What factors drove the changes in DigitalBridge Group's revenue and profit?

What is DigitalBridge Group's gross profit margin?

What were the key takeaways from DigitalBridge Group’s earnings call?

Did DigitalBridge Group beat or miss consensus estimates last quarter?

What were the key takeaways from DigitalBridge Group's earnings call?

What is the revenue and EPS growth rate for DigitalBridge Group year over year?

What guidance did DigitalBridge Group's management provide for the next earnings period?

- **Record Growth**: Fee revenue up 22% YoY, FRE up 43% YoY, driven by $1.6B capital formation and co-investments.
- **Power Bank Dominance**: 2.6GW leased Q3, 1/3 of U.S. hyperscale demand, with $40B Frontier/Lighthouse developments.
- **Strategic Expansion**: Franklin Templeton private wealth partnership targets $15T infrastructure allocations; APAC expansion with GIC/ADIA investments.
- **Carried Interest Outlook**: 3-5 year realization timeline, with Q3 FRE excluding catch-up fees but full-year guidance intact.
- **Digital Power Innovation**: $1.3T AI power demand, with behind-the-meter solutions and grid integration driving scalability.

**【CEO Summary Section】**
- **Revenue Growth**: Fee revenue reached $93 million, up 22% YoY, driven by capital formation and co-investments. Fee-related earnings (FRE) grew 43% to $37 million.
- **Power Bank Dominance**: Leased 2.6 gigawatts of data center capacity, representing 1/3 of U.S. hyperscale leasing for the quarter. New developments include $40 billion in Frontier and Lighthouse campuses with Oracle and OpenAI.
- **Strategic Partnerships**: Launched private wealth strategy with Franklin Templeton, targeting $15 trillion in infrastructure allocations. Expanded APAC presence with GIC and ADIA investments in Vantage Asia Pacific.
- **2025 Milestones**: Exceeded full-year FEEUM target of $40 billion in Q3, tracking to meet or exceed FRE guidance. Digital Energy and stabilized data center strategies to launch in Q4.

**【CFO Financial Commentary】**
- **Financial Highlights**: GAAP fee revenue $93 million (+22% YoY), FRE $37 million (+43% YoY), distributable earnings $22 million (+102% YoY). FEEUM reached $40.7 billion, up 19% YoY.
- **Carried Interest**: $20 million reversal in Q3 due to fair value changes in fund assets. Margins remain elevated with catch-up fees from flagship funds.
- **Liquidity**: $173 million corporate cash and $54 million in warehouse investments for new strategies.

**【Q&A Key Highlights】**
- **Carried Interest Timing**: Carried interest realization spans 3-5 years, with contributions from leasing, delivery, and monetization. Q3 FRE excludes catch-up fees, but full-year guidance remains on track.
- **Fund Outflows**: Legacy funds (DBP I, II) nearing monetization, with InfraBridge I expected to return capital in 2026. New products (Digital Energy, private wealth) to drive growth.
- **Digital Power Strategy**: $1.3 trillion in incremental power demand for AI, with projects like Takanock and behind-the-meter solutions tied to data centers. Grid and microgrid integration key to scalability.
- **Customer Diversification**: 7 gigawatts in sales funnel across hyperscale, private cloud, and edge, reducing reliance on single customers. 11 global platforms ensure risk diversification.
- **Franklin Templeton Partnership**: Evergreen capital structure attracts private wealth allocators, complementing institutional funds. Additional partnerships in pipeline for 2026.


DigitalBridge Group, Inc. (DBRG) Q3 2025 Earnings Call Transcript

- **Revenue Outperformance**: 8% fee revenue growth vs. 2024, FRE up 23% with 36% margin expansion.
- **FEEUM Target on Track**: $39.7 billion FEEUM (21% YoY), $1.3B new commitments, poised to exceed $40B target.
- **Strategic Acquisitions**: Yondr (1+ GW hyperscale) and Takanock (1,600 acres powered land) expand AI infrastructure footprint.
- **Power Differentiation**: 21 GW power bank positions DigitalBridge to solve hyperscaler bottlenecks, with Takanock enabling 9-18 month AI deployments.
- **Pipeline Growth**: $43B CapEx pipeline (DigitalBridge: $30B) with 5.4 GW under development, embedding $1B+ carried interest potential.
- **Co-Invest Momentum**: 60bps fee rate on Yondr co-invest, targeting $2B+ in Q3/Q4 for Switch/Vantage projects.
- **Edge Returns**: DataBank edge workloads deliver 30%+ levered returns, higher than hyperscale training (10%+).

**【CEO Summary Section】**
- **Revenue Growth**: Fee revenue increased 8% YoY to $85 million, driving 23% growth in fee-related earnings (FRE). LTM FRE margin expanded to 36%, supported by catch-up fees.
- **FEEUM Target**: Year-to-date FEEUM of $39.7 billion, up 21% YoY, with $1.3 billion in new commitments. On track to exceed $40 billion FEEUM target for 2025.
- **New Platforms**: Acquired Yondr (1+ GW hyperscale pipeline) and launched Takanock (powered land developer with 1,600 acres under control). Expanded Switch's capital structure with $10 billion in new financing.
- **Power Strategy**: Secured 21 GW power bank to support AI infrastructure. Takanock's dispatchable power solutions enable hyperscalers to deploy AI capacity in 9-18 months.
- **Pipeline**: 5.4 GW of data center capacity under development, with $43 billion in planned CapEx (DigitalBridge's share: $30 billion). Embedded carried interest potential of $1 billion from future portfolio harvests.

**【CFO Financial Commentary】**
- **Financial Highlights**: GAAP net loss of $42 million due to $40 million realized loss from InfraBridge fund. Non-GAAP metrics: $85 million fee revenue, 36% LTM FRE margin, $158 million available cash.
- **Carried Interest**: $12 million net reversal due to early-stage fund performance. Carried interest compensation expense tracks quarterly fair value changes.
- **Balance Sheet**: Maintained strong liquidity with $1.6 billion corporate assets. Reduced revolver from $300 million to $100 million to avoid unused fees.
- **Strategic Deployment**: Allocated $33 million to seed assets for new strategies, including digital power and stabilized data centers.

**【Q&A Key Highlights】**
- **Inference Demand**: Early innings for inference, but edge workloads (e.g., DataBank) offer higher returns (30%+ on levered basis). Power-constrained markets drive demand for Takanock's solutions.
- **Co-Invest Momentum**: Yondr raised $2 billion+ at 60bps fee rate (vs. 45bps historical average). Expect more high-margin co-invest in Q3/Q4 for projects like Switch and Vantage.
- **Carried Interest**: Reversals reflect early-stage fund volatility. DPI and carry realization expected to accelerate in 2026-2027 as funds mature.
- **M&A Activity**: Actively evaluating accretive tuck-ins (e.g., fiber, power) while maintaining focus on organic growth. No plans to monetize public shares.
- **Private Wealth Channel**: Launched second AI-centric private wealth product targeting $600 million raise. First product exceeded target by 80% in 2024.


DigitalBridge (DBRG)-7 Aug 25-2025 Q2 Earnings call transcript

- **Q1 Financial Outperformance**: Fee revenue +24%, FRE +80%, driven by organic growth and catch-up fees. Distributable earnings of $55M highlight strong cash flow generation.
- **Strategic Acquisitions Pay Off**: Zayo's fiber deal lowers entry multiple and positions for accretive returns, exemplifying management's M&A discipline.
- **Private Credit Growth Engine**: $13B pipeline targets $2B+ deployment in 2025, with ALLO transaction activating new FEEUM and recurring revenue streams.
- **Resilience and Scale**: Digital infrastructure assets (towers, fiber) outperform broader markets (+6% YTD vs. S&P 500 -11%), underpinned by long-term contracts and secular AI demand.
- **2025 Guidance Confidence**: On track for 10-20% FRE growth, $40B FEEUM, and 37% FRE margin, with private credit and digital energy strategies driving diversification.


**【CEO Business Update】**
- **Q1 Financial Highlights**: Fee revenue of $90M (+24% YoY), FRE of $35M (+80% YoY), distributable earnings of $55M. Strong organic growth and catch-up fees drove performance.
- **Fundraising Momentum**: Raised $1.2B in Q1, 70% from flagship DBP strategy. Total fee-earning equity under management reached $37.3B (+15% YoY). Pipeline expansion reflects investor confidence in digital infrastructure.
- **Strategic Acquisitions**: Zayo's $4.5B acquisition of Crown Castle's fiber business enhances scale, lowers entry multiple, and positions for improved returns. Transaction highlights accretive M&A strategy.
- **Resilience of Digital Infrastructure**: Portfolio companies benefit from long-term contracts, inflation protection, and secular demand. Q1 public market performance of towers (Crown, SBA, American Tower) up 15-20% YTD underscores defensive characteristics.

**【CFO Financial Commentary】**
- **Fee Performance**: Fee revenue of $90M (+24% YoY), FRE margin 39% (benefiting from catch-up fees). Expect margin expansion to 37% by year-end through reduced fee step-downs.
- **Carried Interest Dynamics**: $5M reversal of carried interest due to mark-to-market adjustments. Focus on consistent carried interest delivery through strategic monetizations (e.g., DataBank partial realization).
- **Liquidity and Capital Structure**: $201M available cash, no debt maturities within 12 months. Evaluating capital structure to optimize growth and returns.

**【Private Credit Strategy】**
- **Pipeline and Execution**: $13B in new loan origination pipeline, targeting $2B deployment in 2025. Recent $500M ALLO Fiber transaction exemplifies skill capital deployment, activating FEEUM and driving recurring revenue.
- **Team and Scale**: 38-person fundraising team executing across credit, digital energy, and data center income strategies. Diversified investor base (insurance, pensions, family offices) supports scalable growth.

**【Q&A Key Takeaways】**
- **Market Volatility Impact**: Minimal near-term impact on portfolio companies; long-term contracts and secular demand shield against macro uncertainty. Fundraising delays limited, with 2/280 LPs pausing commitments.
- **Carried Interest Outlook**: Expect episodic to consistent carried interest delivery, with potential European portfolio company monetizations. 2025 guidance excludes material carried interest contributions.
- **Valuation Disconnect**: Focus on execution against 2025 goals (10-20% FRE growth, $40B FEEUM) and scaling private credit to close gap with peers. Private credit pipeline ($13B) and SMA strategy drive incremental FEEUM activation.


DigitalBridge Group, Inc. (DBRG) Q1 2025 Earnings Call Transcript

- **$9B Fundraising Record**: Exceeded 2024 target by 28%, with $4.8B in Q4, driven by AI and cloud infrastructure co-investments.
- **20% AUM Growth**: $96B AUM, up from $80B, with $16B deployed in data centers, towers, and fiber.
- **Double-Digit Financial Growth**: 37% Q4 fee revenue growth, 30% FRE expansion, and 32% LTM margin, targeting 10-20% 2025 FRE growth.
- **2025 Edge AI Focus**: $20B in AI infrastructure investments, prioritizing inference workloads and edge data centers.
- **Carried Interest Potential**: $46.6M net carried interest in 2024, with embedded value in 16 GW power bank and multi-strategy fundraising.


**【CEO Business Update】**
- **Record Fundraising**: Achieved $9 billion in 2024, 28% above the $7 billion target, with $4.8 billion raised in Q4 alone. Co-investment accounted for $5.5 billion, driven by demand for AI and cloud infrastructure.
- **Asset Growth**: Assets under management (AUM) increased 20% to $96 billion, with $16 billion deployed across data centers, towers, and fiber.
- **2025 Strategic Focus**: Target $40 billion+ FEEUM by year-end, launching new strategies in digital energy and stabilized data centers. Expected $20 billion in AI infrastructure investments, focusing on inference workloads at the edge.

**【CFO Financial Review】**
- **Fee Revenues**: $102 million in Q4, up 37% YoY, and $330 million annually, +23%. Fee-related earnings (FRE) grew 30% QoQ and YoY to $35 million and $107 million, respectively.
- **Margins and Liquidity**: LTM margin improved to 32%, with $140 million corporate cash and $440 million total liquidity. 2025 guidance includes 10-20% FRE growth and 200+ basis points margin expansion.
- **Carried Interest**: Net carried interest of $46.6 million in 2024, up from $120 million to $167 million in fair value, signaling future accretion.

**【Q&A Highlights】**
- **Data Center Pipeline**: 6.2 GW of new leasing proposals, up 22% YoY, with fiber pipeline up 50% due to dark fiber and data center connectivity demand.
- **Pricing Trends**: Stable development yields in strategic markets, with preference for bolt-on expansions over greenfield projects. Single-tenant yields remain in double digits.
- **Exit Strategy**: Anticipated DPI returns through Fund 1 and InfraBridge 1 exits, with 2024 returning $9 billion in liquidity. 2025 expects similar or higher DPI, driven by asset sales and carried interest realization.
- **Preferred Stock Repurchases**: No activity in 2024; focus on debt securitization (e.g., Zayo CMBS) to reduce cost of capital below 7%.
- **Carried Interest Steadiness**: Long-term AUM growth (16 GW power bank) and multi-strategy fundraising (credit, private wealth) to smooth carried interest episodic nature.


Actual											-3.04	-17.32	-1.76	-1.2	-2.24	-1.16	0.32	-0.16	-1.84	-0.24	-0.39	-0.12	-1.34	-0.14	1.6	0.61	-0.28	0.44	-0.01	-0.12	-0.01	0.1	0.09
Forecast											-0.48	-1.14	-0.82	-1.28	-0.65	-0.4533	-0.376	-0.3522	-0.0743	-0.26	-0.158	-0.301	-0.1229	-0.2471	-0.2243	-0.11	0.005	-0.0443	0.0632	-0.0325	-0.0683	0.02	0.012
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-533.33%	-1419.30%	-114.63%	+6.25%	-244.62%	-155.90%	+185.11%	+54.57%	-2376.45%	+7.69%	-146.84%	+60.13%	-990.32%	+43.34%	+813.33%	+654.55%	-5700.00%	+1093.23%	-115.82%	-269.23%	+85.36%	+400.00%	+650.00%

Actual	--	--	--	--	--	--	--	--	--	--	507.51M	372.37M	316.68M	338.84M	316.00M	237.19M	252.17M	255.86M	257.46M	289.41M	296.62M	301.08M	250.00M	424.93M	477.08M	350.00M	74.39M	390.34M	76.13M	66.17M	45.45M	-3.21M	3.82M
Forecast	--	--	--	--	--	--	--	--	--	--	522.30M	408.90M	395.50M	361.41M	378.33M	333.00M	235.28M	248.23M	260.30M	284.21M	294.20M	294.67M	297.44M	298.95M	356.72M	286.90M	111.11M	92.17M	98.28M	94.81M	104.13M	101.55M	99.23M
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-2.83%	-8.93%	-19.93%	-6.24%	-16.48%	-28.77%	+7.18%	+3.07%	-1.09%	+1.83%	+0.82%	+2.18%	-15.95%	+42.14%	+33.74%	+22.00%	-33.05%	+323.48%	-22.55%	-30.20%	-56.36%	-103.16%	-96.15%

DBRG

DBRG fundamentals

DBRG Q3 2025 Earnings

Earnings Call

You can ask Aime

DBRG

DBRG fundamentals

DBRG Q3 2025 Earnings

Earnings Call

DBRG Earnings Call Summary for Q3/20258:00 AM on Oct 30, 2025

DBRG Earnings Call Summary for Q2/20258:00 AM on Aug 7, 2025

DBRG Earnings Call Summary for Q1/20258:00 AM on May 1, 2025

DBRG Earnings Call Summary for Q4/20248:00 AM on Feb 20, 2025

DBRG Earnings Call Summary for Q3/20248:00 AM on Nov 1, 2024

You can ask Aime