DigitalBridge Group, Inc.
Business
DigitalBridge Group, Inc. is a global investment manager deploying and managing capital across the digital infrastructure ecosystem, including data centers, cell towers, fiber networks, and edge infrastructure. The company offers a range of investment products including commingled equity funds, core equity strategies, credit solutions, liquid public equities strategies, and middle-market infrastructure equity funds. DigitalBridge serves a large base of institutional investors globally, including pensions, sovereign wealth funds, asset managers, insurance companies, and endowments.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Fee revenue | 374 | 330 | 264 | 173 | 181 | |
| Carried interest allocation (reversal) | −376 | 218 | 363 | 378 | 99 | |
| Principal investment income | 73 | 30 | 145 | 57 | 86 | |
| Other income | 23 | 29 | 49 | 87 | 22 | |
| Total revenues | 94 | 607 | 821 | 695 | 388 | |
| Compensation expensecash and equity-based | 190 | 182 | 207 | 155 | 160 | |
| Compensation expenseincentive fee and carried interest allocation (reversal) | −137 | 145 | 186 | 202 | 66 | |
| Administrative and other expenses | 64 | 115 | 87 | 117 | 78 | |
| Interest expense | 18 | 16 | 25 | 43 | 63 | |
| Transaction-related costs | 21 | 5 | 11 | 10 | 6 | |
| Depreciation and amortization | 29 | 34 | 37 | 44 | 44 | |
| Total expenses | 185 | 497 | 552 | 572 | 424 | |
| Other gain (loss), net | 74 | 59 | 96 | −170 | −20 | |
| Income (loss) from continuing operations before income taxes | −17 | 169 | 366 | −47 | −56 | |
| Income tax benefit (expense) | −6 | −3 | −6,000 | −13 | 21 | |
| Income (loss) from continuing operations | −23 | 166 | 366 | −60 | −35 | |
| Income (loss) from discontinued operations | −4 | −19 | −320 | −510 | −782 | |
| Net income (loss) | −27 | 147 | 45 | −570 | −817 | |
| Redeemable noncontrolling interests | 3 | 2 | 7 | −27 | 35 | |
| Investment entities | −176 | 73 | −156 | −189 | −501 | |
| Operating Company | 3 | 683,000 | 9 | −32 | −41 | |
| Net income (loss) attributable to DigitalBridge Group, Inc. | 142 | 71 | 185 | −322 | −310 | |
| Preferred stock dividends | 59 | 59 | 59 | 62 | 71 | |
| Preferred stock repurchases | 0 | 0 | −927,000 | −1 | 5 | |
| Net income (loss) attributable to common stockholders | 83 | 12 | 128 | −382 | −386 | |
| Income (loss) from continuing operations per common share - basic (in dollars per share) | 0.48 | 0.18 | 1.13 | −1.23 | −1.27 | |
| Net income (loss) attributable to common stockholders per common share - basic (in dollars per share) | 0.46 | 0.07 | 0.78 | −2.47 | −3.14 | |
| Income (loss) from continuing operations per common share - diluted (in dollars per share) | 0.48 | 0.18 | 1.1 | −1.23 | −1.27 | |
| Net income (loss) attributable to common stockholders per common share - diluted (in dollars per share) | 0.46 | 0.07 | 0.77 | −2.47 | −3.14 | |
| Basic (in shares) | 175 | 168 | 160 | 154 | 123 | |
| Diluted (in shares) | 176 | 169 | 170 | 154 | 123 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 383 | 302 | 345 | 856 | 1,227 | |
| Restricted cash | 13 | 4 | 5 | 5 | 8 | |
| Investments | 2,266 | 2,492 | 2,476 | 1,237 | 935 | |
| Goodwill | 466 | 466 | 466 | 298 | 761 | |
| Intangible assets | 48 | 72 | 104 | 86 | 1,188 | |
| Other assets | 139 | 53 | 79 | 81 | 740 | |
| Due from affiliates | 104 | 124 | 86 | 45 | — | |
| Total assets | 3,419 | 3,513 | 3,563 | 11,000 | 14,198 | |
| Debt | 299 | 296 | 372 | 569 | 4,860 | |
| Other liabilities | 670 | 726 | 681 | 547 | 944 | |
| Total liabilities | 969 | 1,022 | 1,053 | 6,458 | 8,926 | |
| Commitments and contingencies (Note 17) | — | — | — | — | — | |
| Redeemable noncontrolling interests | 33 | 24 | 18 | 101 | 359 | |
| Preferred stock, $0.01 par value per share; $821,899 liquidation preference; 250,000 shares authorized; 32,876 shares issued and outstanding | 795 | 795 | 795 | 800 | 854 | |
| Additional paid-in capital | 8,067 | 7,999 | 7,856 | 7,818 | 7,821 | |
| Accumulated deficit | −6,761 | −6,838 | −6,843 | −6,963 | −6,576 | |
| Accumulated other comprehensive income (loss) | 6 | 505,000 | 1 | −2 | 42 | |
| Total stockholders equity | 2,107 | 1,959 | 1,811 | 1,661 | 2,147 | |
| Noncontrolling interests in investment entities | 269 | 431 | 605 | 2,744 | 2,653 | |
| Noncontrolling interests in Operating Company | 41 | 78 | 75 | 65 | 112 | |
| Total equity | 2,417 | 2,467 | 2,491 | 4,469 | 4,912 | |
| Total liabilities, redeemable noncontrolling interests and equity | 3,419 | 3,513 | 3,563 | 11,029 | 14,198 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Unrealized carried interest (allocation) reversal, net | 225 | −86 | −151 | −143 | −101 | |
| Unrealized principal investment (income) loss | −17 | −12 | −145 | −57 | −86 | |
| Equity-based compensation | 34 | 35 | 68 | 55 | 59 | |
| Amortization of deferred financing costs and debt discount and premium, net | 2 | 2 | 21 | 106 | — | |
| Depreciation and amortization | 29 | 34 | 486 | 579 | 637 | |
| Deferred income tax (benefit) expense | −1 | −3 | −69,000 | 12 | −68 | |
| Other (gain) loss, net | −63 | −37 | −101 | 22 | 114 | |
| Other equity method (earnings) losses | 0 | 0 | 15 | 45 | 194 | |
| Distributions of income from equity investments | 0 | 0 | 4 | 3 | 3 | |
| Other adjustments, net | −285,000 | −443,000 | −9 | −997,000 | −7 | |
| (Increase) decrease in other assets and due from affiliates | 13 | −15 | −7 | 35 | −73 | |
| Increase (decrease) in other liabilities and due to affiliates | 63 | −5 | 9 | 38 | 68 | |
| Net cash generated by (used in) operating activities | 259 | 60 | 234 | 263 | 248 | |
| Contributions to and acquisition of equity investments | −396 | −170 | −585 | −570 | −550 | |
| Return of capital from equity and debt investments | 117 | 56 | 79 | 59 | 90 | |
| Proceeds from sale of equity investments | 156 | 106 | 696 | 522 | 564 | |
| Repayment of loans receivable | 0 | 1 | 7 | 24 | 486 | |
| Purchase of fixed assets | −1 | −4 | 0 | 0 | — | |
| Investment deposits | 0 | 0 | −4 | — | — | |
| Acquisition of InfraBridge, net of cash acquired (Note 2) | 0 | 0 | −314 | 0 | 0 | |
| Net receipt (payment) on settlement of derivatives | 0 | 0 | 3 | 9 | 17 | |
| Acquisition of and additions to real estate, related intangibles and leasing commissions | 0 | 0 | −653 | −2,141 | −828 | |
| Cash derecognized in deconsolidation of sponsored funds and investment entities | −1 | −745,000 | −229 | 0 | — | |
| Proceeds from DataBank recapitalization | 0 | 0 | 21 | 0 | — | |
| Net cash generated by (used in) investing activities | −126 | −11 | −979 | −1,913 | 147 | |
| Dividends paid to preferred stockholders | −59 | −59 | −59 | −62 | −73 | |
| Dividends paid to common stockholders | −7 | −7 | −6 | −2 | 0 | |
| Repayment or redemption of senior notes | 0 | −5 | −200 | −304 | −77 | |
| Shares canceled for tax withholdings on vested equity awards | −7 | −10 | −19 | −18 | −19 | |
| Repurchases of preferred stock | 0 | 0 | −5 | −53 | −150 | |
| Contributions from noncontrolling interests | 36 | 29 | 116 | 2,626 | 232 | |
| Distributions to and redemption of noncontrolling interests | −12 | −22 | −164 | −2,109 | −249 | |
| Borrowings from investment level debt | 0 | 0 | 1,722 | 873 | 2,095 | |
| Repayments of investment level debt | 0 | 0 | −1,200 | −210 | −1,644 | |
| Payment of deferred financing costs and prepayment penalties on investment level debt | 0 | 0 | −38 | −19 | −48 | |
| Payment of contingent consideration to Wafra | 0 | −18 | −90 | 0 | 0 | |
| Net cash generated by (used in) financing activities | −48 | −91 | 58 | 924 | 411 | |
| Effect of foreign exchange on cash, cash equivalents and restricted cash | 4 | −2 | 766,000 | −2 | −3 | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 89 | −44 | −686 | −730 | 803 | |
| Cash paid for interest | 13 | 16 | 179 | 220 | 444 | |
| Cash received (paid) for income taxes | 7 | 6 | 57,000 | 12 | 6 | |
| Operating lease payments for corporate offices | 9 | 9 | 9 | 10 | 10 | |
| Net cash generated by (used in) operating activities of discontinued operations | −5 | −12 | 234 | 300 | 375 | |
| Net cash generated by (used in) investing activities of discontinued operations | 0 | −42,000 | −600 | −1,377 | 336 | |
| Redemption of OP units for common stock | 40 | 3 | 984,000 | 341,000 | 5 | |
| Exchange of notes into shares of class A common stock | 0 | 73 | 0 | 60 | 161 | |
| Operating lease liabilities arising from establishment of ROU assets for corporate offices (Note 5) | 4 | 2 | 15 | 6 | 421,000 | |
| Receivable from sale of principal investments | 84 | 0 | 0 | — | — | |
| Contingent consideration valued at closing of InfraBridge acquisition | 0 | 0 | 11 | 0 | 0 | |
| Settlement of Wafra contingent consideration through issuance of class A common stock (Note 7) | 0 | 18 | 0 | 0 | — | |
| Assets of investment entities disposed of in sale of equity and/or deconsolidated (Note 2 ) | 0 | 0 | 8,659 | 4,689 | 5,614 | |
| Liabilities of investment entities disposed of in sale of equity and/or deconsolidated (Note 2 ) | 0 | 0 | 5,941 | 3,948 | 4,292 | |
| Noncontrolling interests of investment entities disposed of in sale of equity and/or deconsolidated (Note 2 ) | 0 | 0 | 2,399 | 415 | — | |
| Assets of sponsored fund consolidated | 116 | 0 | 0 | — | — | |
| Liabilities of sponsored fund consolidated | −35 | 0 | 0 | — | — | |
| Noncontrolling interests of sponsored fund consolidated | −81 | 0 | 0 | — | — | |
| Assets of sponsored funds deconsolidated | −148 | 394 | 0 | 0 | — | |
| Liabilities of sponsored funds deconsolidated | 46 | 189,000 | 0 | 0 | — | |
| Noncontrolling interests of sponsored funds deconsolidated | 87 | 263 | 0 | 0 | — |
Filings
Material Events
Insiders
Institutional Holders
Holdings (13F)
Portfolio as of 2026-03-31 · 143 positions
Top sectors
| Sector | Value | % of portfolio |
|---|---|---|
| Uncategorized | $1.58B | 100.0% |
Top holdings
| Issuer | Ticker | Shares | Value | % |
|---|---|---|---|---|
| EQUINIX INC | — | 126.0K | $123.47M | 7.8% |
| SBA COMMUNICATIONS CORP | — | 530.5K | $91.31M | 5.8% |
| AMDOCS LTD | — | 1.40M | $91.21M | 5.8% |
| AT&T INC | — | 2.83M | $81.92M | 5.2% |
| AMAZON COM INC | — | 284.0K | $59.16M | 3.7% |
| ARISTA NETWORKS INC | — | 475.9K | $58.43M | 3.7% |
| HEWLETT PACKARD ENTERPRISE C | — | 2.24M | $53.42M | 3.4% |
| NVIDIA CORPORATION | — | 288.3K | $50.28M | 3.2% |
| LIVE NATION ENTERTAINMENT IN | — | 325.9K | $49.71M | 3.1% |
| VERTIV HOLDINGS CO | — | 196.2K | $49.17M | 3.1% |
Frequently asked questions
What is DigitalBridge Group, Inc.'s CIK number?
DigitalBridge Group, Inc.'s SEC CIK number is 0001679688 (1679688). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find DigitalBridge Group, Inc.'s SEC filings?
All of DigitalBridge Group, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did DigitalBridge Group, Inc. last report earnings?
DigitalBridge Group, Inc. (DBRG-PJ) most recently filed an earnings 8-K with the SEC on Apr 28, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001679688-26-000054). This is DigitalBridge Group, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is DigitalBridge Group, Inc.'s most recent earnings 8-K?
DigitalBridge Group, Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 28, 2026 under accession 0001679688-26-000054. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View DigitalBridge Group, Inc.'s latest earnings 8-K →
Look up any company's CIK number →