DigitalBridge Reports “Strong” First Quarter Results

DigitalBridge Group, Inc. (NYSE: DBRG) and subsidiaries yesterday announced financial results for the first quarter ended March 31, 2025. The company reported first quarter 2025 total revenues of $45 million, GAAP net loss attributable to common stockholders of $1 million, or $0.01 per share, and Distributable Earnings of $55 million, or $0.29 per share.

 “We’re pleased with the strong financial performance and fundraising we delivered in the first quarter,” said Marc Ganzi. Chief Executive Officer. “These results are consistent with our objectives for 2025 as well as our long-term goals to drive persistent double-digit revenue growth and expanding margins. We believe digital infrastructure is one of the most resilient, durable asset classes, positioning our portfolio to perform through market cycles, underpinned by the secular demand for ‘more, better, faster’ compute and connectivity.”

Performance across market cycles including during periods of macroeconomic uncertainty, combined with lower volatility and an uncorrelated profile, according to Ganzi, make the infrastructure asset class highly attractive to LPs. 

Highlights included:

• Fee Revenue:  $90.2 million in 1Q25, up 24 percent year-over-year.  Driven primarily by new capital formation in its DBP series of funds.
• Fee Related Earnings:  $35.0 million in 1Q25, up 79 percent year-over-year,consistent with 2025 guidance.
• Distributable Earning: $54.7 million in 1Q25, up $52.5 million year-over-year, due to 1Q25 DataBank principal investment realization.
• Fee Earning Equity Under Management (FEEUM): $37.3 billion, up 15 percent. year-over-year, increased $4.8 billion year-over-year and $1.8 billion over prior quarter.
• New Capital Formation: $1.2 billion during 1Q25. Driven by commitments to the latest DBP series, co-investments, and credit strategy.
• Corporate Liquidity: $201 million of available corporate cash as of March 31, 2025.
• Towers and Data Centers portfolio ‘up for the year’, widely outperforming the broader market and AI-centric indices.