DigitalBridge

Q2 FY2026 EarningsQ2 FY26 results significantly exceeded consensus estimates across all primary GAAP metrics, driven by a massive $286.0M carried interest allocation and $127.8M in principal investment income. GAAP Revenue reached $508.7M, vastly outperforming the $109.7M consensus, while GAAP EPS of $1.15 beat the $0.66 estimate by 74.2%. Despite the top-line surge, non-GAAP Fee Related Earnings (FRE) declined 17% YoY to $26.6M due to higher cash compensation, and management provided no forward guidance following the pending $16.00/share all-cash acquisition by SoftBank.