NYSE$DBRG
DigitalBridge Group Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
DigitalBridge's financial performance was marked by growth in fee revenues and fee-related earnings, driven by the scaling of its AI infrastructure investment platform.
DigitalBridge reported Q3 2024 total revenues of $76 million, a GAAP net loss attributable to common stockholders of $1 million, or $0.01 per share, and Distributable Earnings of $11 million, or $0.06 per share.
- Management Fee Revenues increased 16% year-over-year, driven by higher FEEUM.
- Fee-Related Earnings (FRE) increased 42% year-over-year, with margins expanding to 34%.
- The company is set to exceed its $7 billion annual fundraising target, with $6.1 billion in committed FEEUM YTD.
- Continued active deployment across AI infrastructure ecosystem with investments in data center and tower verticals.
Headline financials
Revenue & EPS history
DigitalBridge · Revenue · Quarterly
$76.1M
Revenue by segment
DigitalBridge · $197M total across 3 segments · Q3 2023
- Carried interest allocation$169M—85.5%
- Principal investment income$17.9M—9.1%
- Other income$10.6M+362.3%5.4%
Forward guidance
DigitalBridge anticipates that the timing and composition of capital formation will shift some of their recurring fee impact into 2025.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
-1.8%
Avg return
Earnings day
-3.0%
Avg return
5 days after
-0.8%
Avg return
30 days after
44%
17 / 39 earnings
Positive
+16.7%
Q2 2020
Best reaction
-22.9%
Q4 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.2% | -0.3% | +0.6% | |
| Q4 2025 | +0.4% | +0.7% | +0.2% | |
| Q3 2025 | -2.5% | -7.0% | -23.5% | |
| Q1 2025 | +4.5% | +4.6% | +31.7% | |
| Q4 2024 | +14.0% | +6.4% | -14.1% | |
| Q3 2024 | -20.4% | -18.7% | -16.5% | |
| Q2 2024 | +4.4% | -2.3% | -7.6% | |
| Q1 2024 | -17.2% | -13.8% | -19.7% | |
| Q4 2023 | -9.2% | -5.3% | -3.7% | |
| Q3 2023 | +2.3% | +0.9% | +10.5% | |
| Q2 2023 | +5.1% | +6.7% | +9.0% | |
| Q1 2023 | -9.0% | -4.0% | +9.7% | |
| Q4 2022 | -10.1% | -9.2% | -21.2% | |
| Q3 2022 | -4.6% | -8.0% | +9.7% | |
| Q2 2022 | -0.5% | -1.8% | -18.2% | |
| Q1 2022 | -7.1% | -22.6% | -19.9% | |
| Q4 2021 | +4.8% | +6.6% | +4.9% | |
| Q3 2021 | +6.8% | +11.9% | +13.6% | |
| Q2 2021 | +2.3% | +4.5% | +0.4% | |
| Q1 2021 | -0.3% | -7.3% | +4.3% | |
| Q4 2020 | -3.1% | -2.6% | +2.0% | |
| Q3 2020 | +0.3% | +6.1% | +27.8% | |
| Q2 2020 | +16.7% | +29.3% | +38.4% | |
| Q1 2020 | -14.8% | -26.7% | +41.0% | |
| Q4 2019 | +6.7% | +2.2% | -45.0% | |
| Q3 2019 | -7.8% | -11.5% | -12.2% | |
| Q2 2019 | -13.0% | -17.0% | -5.1% | |
| Q1 2019 | -0.6% | +2.0% | +3.0% | |
| Q4 2018 | -4.3% | -4.3% | -4.3% | |
| Q3 2018 | +5.7% | +5.4% | +5.0% | |
| Q2 2018 | +0.0% | +0.0% | +0.0% | |
| Q1 2018 | -5.0% | -5.5% | -8.3% | |
| Q4 2017 | -22.9% | -24.7% | -27.8% | |
| Q3 2017 | +2.9% | +0.9% | -1.4% | |
| Q2 2017 | -0.1% | -5.7% | -9.6% | |
| Q1 2017 | +0.5% | +0.5% | +8.0% | |
| Q4 2016 | +1.7% | -4.3% | -10.0% | |
| Q3 2016 | +2.0% | -0.9% | +8.2% | |
| Q2 2016 | -0.2% | -1.1% | +9.0% | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — |
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