EQUINIX INC (EQIX)
Q1-CY2026Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014
Balance Sheet Date2025-Dec-312025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-31
Fiscal PeriodQ4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014
Total Revenue2,420,000,000$2,316,000,000$2,256,000,000$2,225,000,000$2,261,000,000$2,201,000,000$2,159,000,000$2,127,000,000$2,110,000,000$2,061,000,000$2,019,000,000$2,225,000,000$1,870,740,000$1,840,659,000$1,817,154,000$1,734,447,000$1,706,378,000$1,675,176,000$1,657,919,000$1,596,064,000$1,564,115,000$1,519,767,000$1,470,121,000$1,444,542,000$1,417,135,000$1,396,810,000$1,384,977,000$1,363,218,000$1,310,083,000$1,283,751,000$1,261,943,000$1,215,877,000$1,200,221,000$1,152,261,000$1,066,421,000$949,525,000$942,647,000$924,676,000$900,510,000$844,156,000$730,462,000$686,649,000$665,582,000$643,174,000$638,121,000$620,441,000$605,161,000$580,053,000$
QoQ%4.49%2.66%1.39%(1.59%)2.73%1.95%1.50%.81%2.38%2.08%(9.26%)18.94%1.63%1.29%4.77%1.65%1.86%1.04%3.88%2.04%2.92%3.38%1.77%1.93%1.46%.85%1.60%4.06%2.05%1.73%3.79%1.30%4.16%8.05%12.31%.73%1.94%2.68%6.68%15.57%6.38%3.17%3.48%.79%2.85%2.53%4.33%2.72%
YoY%7.03%5.23%4.49%4.61%7.16%6.79%6.93%6.46%12.79%11.97%11.11%28.28%9.63%9.88%9.61%8.67%9.10%10.23%12.77%10.49%10.37%8.80%6.15%5.97%8.17%8.81%9.75%12.12%9.15%11.41%18.33%28.05%27.33%24.61%18.42%12.48%29.05%34.67%35.30%31.25%14.47%10.67%9.98%10.88%13.01%14.24%14.43%12.38%
Cost Of Revenue1,198,000,000$1,142,000,000$1,084,000,000$1,084,000,000$1,196,000,000$1,098,000,000$1,082,000,000$1,091,000,000$1,092,000,000$1,069,000,000$1,061,000,000$1,006,000,000$970,199,000$934,669,000$930,257,000$915,875,000$910,435,000$885,650,000$865,120,000$811,217,000$830,735,000$767,979,000$739,344,000$736,282,000$725,636,000$704,339,000$698,179,000$682,030,000$670,935,000$660,309,000$651,801,000$622,430,000$619,625,000$582,360,000$522,203,000$468,961,000$465,921,000$470,302,000$456,967,000$427,680,000$351,968,000$325,468,000$315,757,000$298,313,000$313,449,000$304,052,000$292,859,000$287,525,000$
Gross Profit1,222,000,000$1,174,000,000$1,172,000,000$1,141,000,000$1,065,000,000$1,103,000,000$1,077,000,000$1,036,000,000$1,018,000,000$992,000,000$958,000,000$1,219,000,000$900,541,000$905,990,000$886,897,000$818,572,000$795,943,000$789,526,000$792,799,000$784,847,000$733,380,000$751,788,000$730,777,000$708,260,000$691,499,000$692,471,000$686,798,000$681,188,000$639,148,000$623,442,000$610,142,000$593,447,000$580,596,000$569,901,000$544,218,000$480,564,000$476,726,000$454,374,000$443,543,000$416,476,000$378,494,000$361,181,000$349,825,000$344,861,000$324,672,000$316,389,000$312,302,000$292,528,000$
Gross Margin50.50%50.69%51.95%51.28%47.10%50.11%49.88%48.71%48.25%48.13%47.45%54.79%48.14%49.22%48.81%47.20%46.65%47.13%47.82%49.17%46.89%49.47%49.71%49.03%48.80%49.58%49.59%49.97%48.79%48.56%48.35%48.81%48.37%49.46%51.03%50.61%50.57%49.14%49.26%49.34%51.82%52.60%52.56%53.62%50.88%50.99%51.61%50.43%
Operating Expenses800,000,000$700,000,000$678,000,000$683,000,000$962,000,000$678,000,000$641,000,000$672,000,000$672,000,000$611,000,000$626,000,000$835,000,000$618,869,000$572,831,000$569,044,000$551,256,000$546,218,000$507,405,000$514,145,000$487,185,000$504,774,000$463,438,000$448,289,000$454,776,000$378,525,000$407,103,000$395,017,000$401,680,000$368,431,000$357,689,000$395,104,000$367,572,000$348,553,000$345,038,000$359,323,000$313,351,000$292,271,000$284,433,000$291,888,000$303,788,000$242,617,000$220,298,000$210,692,000$193,412,000$196,846,000$181,258,000$187,605,000$170,916,000$
Operating Income422,000,000$474,000,000$494,000,000$458,000,000$103,000,000$425,000,000$436,000,000$364,000,000$346,000,000$381,000,000$332,000,000$384,000,000$281,672,000$333,159,000$317,853,000$267,316,000$249,725,000$282,121,000$278,654,000$297,662,000$228,606,000$288,350,000$282,488,000$253,484,000$312,974,000$285,368,000$291,781,000$279,508,000$270,717,000$265,753,000$215,038,000$225,875,000$232,043,000$224,863,000$184,895,000$167,213,000$184,455,000$169,941,000$151,655,000$112,688,000$135,877,000$140,883,000$139,133,000$151,449,000$127,826,000$135,131,000$124,697,000$121,612,000$
Operating Margin17.44%20.47%21.90%20.58%4.56%19.31%20.20%17.11%16.40%18.49%16.44%17.26%15.06%18.10%17.49%15.41%14.64%16.84%16.81%18.65%14.62%18.97%19.22%17.55%22.09%20.43%21.07%20.50%20.66%20.70%17.04%18.58%19.33%19.52%17.34%17.61%19.57%18.38%16.84%13.35%18.60%20.52%20.90%23.55%20.03%21.78%20.61%20.97%
Interest Income41,000,000$53,000,000$52,000,000$47,000,000$49,000,000$35,000,000$29,000,000$24,000,000$28,000,000$23,000,000$24,000,000$47,000,000$18,194,000$11,192,000$4,508,000$2,106,000$1,130,000$411,000$374,000$729,000$1,244,000$1,452,000$1,685,000$4,273,000$7,532,000$8,201,000$7,762,000$4,202,000$3,002,000$2,912,000$3,958,000$4,610,000$3,255,000$2,291,000$4,437,000$3,092,000$948,000$762,000$841,000$925,000$1,206,000$934,000$921,000$520,000$357,000$356,000$744,000$1,434,000$
Interest Expenses104,000,000$103,183,000$101,385,000$99,973,000$97,000,000$94,200,000$91,346,000$90,826,000$79,965,000$80,227,000$78,943,000$87,231,000$89,681,000$90,912,000$99,736,000$108,480,000$107,338,000$117,617,000$118,674,000$120,547,000$122,846,000$129,978,000$130,566,000$134,673,000$126,277,000$126,144,000$121,828,000$119,042,000$111,684,000$98,761,000$92,200,000$100,332,000$100,863,000$79,499,000$76,269,000$74,496,000$68,791,000$71,103,000$63,756,000$66,874,000$68,820,000$
Income Before Tax312,000,000$399,000,000$405,000,000$392,000,000$0$350,000,000$348,000,000$277,000,000$270,000,000$296,000,000$244,000,000$392,000,000$177,341,000$246,345,000$224,877,000$180,437,000$165,040,000$205,250,000$49,960,000$188,702,000$92,240,000$96,734,000$178,103,000$149,148,000$162,467,000$178,638,000$191,176,000$160,316,000$136,076,000$143,335,000$73,974,000$79,653,000$94,153,000$82,094,000$55,130,000$55,455,000$83,158,000$71,547,000$53,114,000$(47,960,000$)8,678,000$52,712,000$66,944,000$82,664,000$(51,778,000$)73,542,000$8,065,000$54,904,000$
Tax Expenses48,000,000$25,000,000$38,000,000$49,000,000$14,000,000$54,000,000$47,000,000$46,000,000$43,000,000$20,000,000$37,000,000$55,000,000$48,015,000$34,606,000$8,635,000$32,744,000$41,899,000$53,224,000$(18,527,000$)32,628,000$41,304,000$29,903,000$44,753,000$30,191,000$37,632,000$57,827,000$47,324,000$42,569,000$26,054,000$18,510,000$6,356,000$16,759,000$28,938,000$2,194,000$9,325,000$13,393,000$19,494,000$22,778,000$13,812,000$(10,633,000$)(2,053,000$)11,580,000$7,485,000$6,212,000$303,325,000$30,581,000$(2,014,000$)13,567,000$
Net Income264,000,000$374,000,000$367,000,000$343,000,000$(14,000,000$)296,000,000$301,000,000$231,000,000$227,000,000$276,000,000$207,000,000$259,000,000$129,326,000$211,739,000$216,242,000$147,693,000$123,141,000$152,026,000$68,487,000$156,074,000$50,936,000$66,831,000$133,350,000$118,957,000$124,835,000$120,811,000$143,852,000$117,747,000$110,022,000$124,825,000$67,618,000$62,894,000$65,215,000$79,900,000$45,805,000$42,062,000$61,750,000$51,450,000$44,711,000$(31,111,000$)10,731,000$41,132,000$59,459,000$76,452,000$(355,103,000$)42,961,000$10,079,000$41,337,000$
Profit Margin10.91%16.15%16.27%15.42%(.62%)13.45%13.94%10.86%10.76%13.39%10.25%11.64%6.91%11.50%11.90%8.52%7.22%9.08%4.13%9.78%3.26%4.40%9.07%8.24%8.81%8.65%10.39%8.64%8.40%9.72%5.36%5.17%5.43%6.93%4.30%4.43%6.55%5.56%4.97%(3.69%)1.47%5.99%8.93%11.89%(55.65%)6.92%1.67%7.13%
TTM14.63%11.81%11.09%10.47%9.31%12.27%12.24%11.31%11.52%10.66%10.15%10.53%9.71%9.84%9.22%7.25%7.53%6.58%5.40%6.62%6.17%7.59%8.69%9.01%9.12%9.03%9.29%8.05%7.20%6.46%5.71%5.48%5.33%5.58%5.18%5.38%3.51%2.23%2.07%2.74%6.89%(6.76%)(6.86%)(9.00%)(10.67%)5.90%6.09%4.70%
Earnings to Minority(1,000,000$)0$(1,000,000$)0$(1,000,000$)(91,000$)(34,000$)(17,000$)(56,000$)140,000$(68,000$)(80,000$)240,000$(133,000$)(190,000$)148,000$(288,000$)(58,000$)144,000$46,000$165,000$(160,000$)(39,000$)325,000$(331,000$)0$0$120,000$(1,249,000$)(50,000$)
Earnings to Common Shareholders265,000,000$374,000,000$368,000,000$343,000,000$(14,000,000$)297,000,000$301,000,000$231,000,000$227,000,000$276,000,000$207,000,000$259,000,000$129,418,000$211,807,000$216,322,000$147,453,000$123,274,000$152,216,000$68,339,000$156,362,000$50,994,000$66,687,000$133,304,000$118,792,000$124,995,000$120,850,000$143,527,000$118,078,000$110,022,000$124,825,000$67,618,000$62,894,000$65,215,000$79,900,000$45,805,000$42,062,000$61,750,000$51,450,000$44,711,000$(31,111,000$)10,731,000$41,132,000$59,459,000$76,452,000$(355,103,000$)42,841,000$11,328,000$41,387,000$
QoQ%(29.14%)1.63%7.29%2,550.00%(104.71%)(1.33%)30.30%1.76%(17.75%)33.33%(20.08%)100.13%(38.90%)(2.09%)46.71%19.61%(19.01%)122.74%(56.29%)206.63%(23.53%)(49.97%)12.22%(4.96%)3.43%(15.80%)21.55%7.32%(11.86%)84.60%7.51%(3.56%)(18.38%)74.44%8.90%(31.88%)20.02%15.07%243.71%(389.92%)(73.91%)(30.82%)(22.23%)121.53%(928.89%)278.19%(72.63%)(8.41%)
YoY%1,992.86%25.93%22.26%48.49%(106.17%)7.61%45.41%(10.81%)75.40%30.31%(4.31%)75.65%4.98%39.15%216.54%(5.70%)141.74%128.25%(48.73%)31.63%(59.20%)(44.82%)(7.12%).61%13.61%(3.18%)112.26%87.74%68.71%56.23%47.62%49.53%5.61%55.30%2.45%235.20%475.44%25.09%(24.80%)(140.69%)103.02%(3.99%)424.89%84.73%(885.85%).87%143.88%26.02%
Earnings Per Share, Basic2.70$3.82$3.76$3.52$(0.14$)3.11$3.17$2.44$2.41$2.95$2.21$2.79$1.40$2.30$2.38$1.62$1.37$1.69$0.76$1.75$0.57$0.75$1.53$1.39$1.46$1.42$1.70$1.44$1.37$1.56$0.85$0.79$0.83$1.02$0.59$0.58$0.86$0.72$0.64$(0.46$)0.18$0.72$1.04$1.35$(6.41$)0.81$0.22$0.83$
Earnings Per Share, Diluted2.69$3.81$3.75$3.50$(0.14$)3.10$3.16$2.43$2.40$2.93$2.21$2.77$1.40$2.30$2.37$1.62$1.35$1.68$0.76$1.74$0.57$0.74$1.52$1.38$1.45$1.41$1.69$1.44$1.36$1.55$0.85$0.79$0.82$1.02$0.58$0.57$0.85$0.72$0.64$(0.46$)0.17$0.71$1.03$1.34$(7.22$)0.78$0.22$0.78$
Unlevered FCF Per Share, Basic11.65$10.35$9.65$8.30$10.13$7.95$9.61$6.32$10.60$8.38$7.92$7.44$8.21$8.93$8.81$6.40$9.88$7.40$6.68$4.38$7.70$5.99$6.58$6.04$6.21$5.87$6.43$5.15$6.94$(1.61$)0.23$(0.62$)6.29$0.90$(0.54$)(0.41$)4.21$0.79$0.42$(1.36$)3.89$(0.03$)3.73$4.11$1.33$
Unlevered FCF Per Share, Diluted11.63$10.33$9.63$8.26$10.09$7.92$9.58$6.28$10.55$8.34$7.89$7.41$8.19$8.90$8.78$6.37$9.78$7.35$6.65$4.35$7.62$5.94$6.54$6.00$6.14$5.83$6.40$5.13$6.89$(1.60$)0.23$(0.61$)6.22$0.89$(0.54$)(0.41$)4.13$0.78$0.41$(1.36$)3.82$(0.03$)3.70$4.07$1.23$
Average Shares, Basic98,201,00097,982,00097,835,00097,514,00096,850,00095,394,00094,919,00094,665,00094,271,00093,683,00093,535,00092,971,00092,573,00091,896,00091,036,00090,771,00090,252,00089,858,00089,648,00089,330,00089,140,00088,806,00087,303,00085,551,00085,335,00085,012,00084,399,00081,814,00080,524,00079,872,00079,479,00079,241,00078,665,00078,055,00077,923,00072,773,00071,417,00071,190,00069,729,00068,132,00060,482,00057,082,00056,935,00056,661,00055,369,00053,137,00051,332,00049,598,000
Average Shares, Diluted98,381,00098,174,00098,050,00097,887,00097,255,00095,731,00095,166,00095,156,00094,671,00094,168,00093,857,00093,340,00092,753,00092,135,00091,262,00091,162,00091,223,00090,467,00090,104,00089,842,00090,076,00089,519,00087,901,00086,144,00086,288,00085,571,00084,767,00082,090,00081,104,00080,283,00079,752,00079,649,00079,546,00078,719,00078,508,00073,367,00072,860,00071,908,00070,364,00068,132,00061,498,00057,708,00057,499,00057,227,00049,160,00055,238,00051,652,00053,386,000
EBIT312,000,000$399,000,000$405,000,000$392,000,000$0$350,000,000$348,000,000$381,000,000$373,183,000$397,385,000$343,973,000$489,000,000$271,541,000$337,691,000$315,703,000$260,402,000$245,267,000$284,193,000$137,191,000$278,383,000$183,152,000$196,470,000$286,583,000$256,486,000$280,084,000$297,312,000$311,723,000$283,162,000$266,054,000$273,901,000$208,647,000$205,930,000$220,297,000$203,922,000$174,172,000$167,139,000$181,919,000$163,747,000$153,446,000$52,903,000$88,177,000$128,981,000$141,440,000$151,455,000$19,325,000$137,298,000$74,939,000$123,724,000$
EBITDA854,000,000$929,000,000$904,000,000$871,000,000$498,000,000$846,000,000$837,000,000$907,000,000$836,183,000$860,385,000$805,973,000$946,000,000$709,739,000$767,883,000$748,973,000$695,742,000$671,368,000$703,124,000$553,432,000$673,400,000$561,371,000$557,158,000$635,176,000$592,355,000$610,628,000$619,203,000$630,947,000$596,340,000$572,918,000$579,627,000$515,978,000$513,498,000$512,574,000$482,333,000$428,958,000$384,145,000$391,716,000$378,572,000$365,497,000$253,437,000$232,342,000$261,384,000$268,816,000$273,091,000$151,289,000$257,320,000$190,651,000$237,717,000$