Key Highlights

  • Net income was USD 7.1 million in the second quarter of 2026, or 0.14 per share, and 0.28 per share over the first six months.
  • AFFO per adjusted share reached 0.08 on USD 7.7 million of AFFO, compared with FFO per adjusted share of 0.07.
  • Management points to USD 2 billion of dry powder. The initial public offering closed May 15, 2026, and Blackstone manages the trust externally.
  • The third quarter investor call takes place on November 16, 2026 with a public webcast, and a replay is posted for shareholders afterwards.

Timing and Share Count for the Blackstone Digital Infrastructure (NYSE:BXDC) Third Quarter Report

Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC) is due to publish third quarter 2026 figures early on November 16, 2026, ahead of a public investor call. This marks the company's second report since going public. Using a USD 16.17 close on October 26, 2026 and 100.65 million shares outstanding, the Market Value comes to about USD 1.6 billion, while the 52-week range sits between USD 15.44 and USD 22.90 for Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC).

Second Quarter Earnings, FFO and AFFO Detail for Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC)

Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC) reported Net Income of USD 7.1 million for the second quarter, equal to 0.14 per basic and diluted share across 50,157,102 weighted average shares. FFO came in at the same USD 7.1 million as net income, which equates to 0.07 per adjusted share, while AFFO reached USD 7.7 million once USD 535 thousand for organization expenses and USD 76 thousand for restricted stock amortization were added back. Chief Executive Officer Nick Pell said the stabilized Data Center market is growing quickly, and no numeric guidance has been issued. For Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC), the second quarter AFFO of 0.08 per adjusted share was computed on 99,223,829 shares.

Strategy, Valuation Multiples and Risks for Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC)

Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC) targets data centers that are newly built and stabilized, with leases to investment-grade hyperscale tenants on long-term contracts. Shares of Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC) carry a published forward price-to-earnings ratio of 41.71. Annualizing second quarter AFFO of 0.08 per share gives 0.32, which implies roughly 50 times, calculated, though this reflects only a partial period after the IPO. Risks include the pace of acquisitions, tenant concentration, power availability, interest rates, the external management arrangement and the short public track record.

Where Things Stand

Following the May 15, 2026 IPO closing, Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC) is presenting its first full quarterly results. Because the 99,223,829 adjusted share count runs only from the closing date through June 30, the USD 7.1 million of net income and USD 7.7 million of AFFO reflect a partial period. The Equity value near USD 1.6 billion, over 100 million shares and USD 2 billion of dry powder form the backdrop for an Investment case that hinges on deploying Capital into stabilized Assets leased to hyperscale tenants. Acquisitions, tenant mix, Leverage and payout policy are the disclosures still missing from the second quarter release for Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC).