Equinix, Inc.

Equinix, Inc.

EQIX
Equinix, Inc.US flagNASDAQ Global Select
996.26
USD
+0.36
- -
98.30BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
43.54
46.67
47.17
51.51
56.84
63.57
66.11
68.4
73.92
79.32
87.46
91.64
94.16
99.74
Basic EPS, GAAP
1.92
-4.96
3.25
1.81
3.03
4.58
6.03
4.22
5.57
7.7
10.35
8.54
13.79
15.59
Free Cash Flow per Basic Share
0.65
0.56
0.46
-1.34
0.79
-3.52
-1.03
0.31
-2.28
7.48
4.66
1.92
-4.09
-14.89
Dividend per Share
- -
1.59
9.02
7.12
8.09
9.26
9.94
10.81
11.62
12.58
14.69
17.21
18.96
19.91
Book Value per Share
49.59
40.21
44.21
61.14
86.66
89.43
103.63
119.3
120.15
124.23
132.19
139.05
144.12
145.76
Tangible Book Value per Share
24.86
19.85
23.47
9.25
0.67
0.61
22.93
33.55
39.47
42.69
53.42
67.91
69.8
73.64
Basic Weighted Avg Shares
49
52
58
70
77
80
84
88
90
92
94
95
98
98
Sales/Revenue/Turnover
2,153
2,444
2,726
3,612
4,368
5,072
5,562
5,999
6,636
7,263
8,188
8,748
9,217
9,805
Operating Margin (%)
21.69
20.94
22.34
18.21
19.4
19.83
20.96
18.59
16.88
16.88
17.72
18.56
21.33
23.04
Depreciation Expense
432
482
526
837
1,042
1,227
1,285
1,423
1,656
1,737
1,844
2,011
2,066
2,185
Net Income, GAAP
95
-260
188
127
233
365
507
370
500
705
969
815
1,350
1,533
Effective Tax Rate (%)
14.39
407.7
11.01
28.43
18.77
15.63
26.76
28.31
17.94
14.96
13.79
16.51
10.61
10.26
Profit Margin (%)
4.4
-10.62
6.89
3.51
5.33
7.2
9.12
6.16
7.54
9.71
11.83
9.32
14.65
15.63
Working Capital
342
847
1,603
439
1,006
1
715
584
1,351
1,467
406
2,098
1,232
502
LT Debt
4,088
4,563
5,565
6,591
9,937
10,881
12,346
13,399
14,668
16,169
16,179
17,424
21,087
21,845
Total Equity
2,583
2,270
2,745
4,366
6,850
7,219
8,840
10,634
10,882
11,506
12,514
13,552
14,178
14,398
Return on Invested Capital (%)
6.47
-22.71
6.64
4.58
4.87
4.75
4.17
3.4
3.63
3.86
4.3
4.32
5.03
5.5
Return on Capital (%)
5.04
-15.98
5.61
4
4.43
4.54
4.22
2.83
3.08
3.74
4.54
3.83
5.25
5.55
Return on Common Equity (%)
3.97
-10.98
7.49
3.57
4.15
5.19
6.32
3.8
4.65
6.3
8.08
6.27
9.75
10.77

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,639
2,226
1,511
LT Borrowings
17,596
17,728
18,530
LT Finance Leases
3,491
3,382
3,315
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
98
99
99
Market Capitalization
75,257
96,674
102,854

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,125
5,346
4,322
Cash, Cash Equivalents & STI
3,227
3,054
2,224
Accounts Receivable, Net
1,001
1,108
1,256
Inventories
- -
- -
- -
Total Current Liabilities
3,893
4,538
3,820
Payables & Accruals
1,459
2,024
1,986
ST Debt
1,639
2,226
1,511
Deferred Revenue
149
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.38%
5.95%
4.62%
Free Cash Flow
-307.7%
-339.2%
-318.58%
Net Income, GAAP
28.33%
32.68%
65.64%
Sales/Revenue/Turnover
13.21%
9%
5.36%
Total Cash Common Dividend
13.79%
14.46%
12.96%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,127
2,159
2,201
2,261
8,748
2025
2,225
2,256
2,316
2,420
9,217
2026
2,444
2,625
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.44
3.17
3.11
-0.14
8.54
2025
3.52
3.76
3.82
2.7
13.79
2026
4.22
4.86
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.35
4.27
4.33
4.26
17.21
2025
4.8
4.7
4.77
4.69
18.96
2026
5.27
5.17
- -
- -
- -

Company Description

CEO
Adaire Rita Fox-Martin
Full Time Employees
13,716
Sector
Real Estate
Industry
REIT - Specialty
Address
One Lagoon Drive Redwood City CA United States of America 94065-1562
IPO Date
Aug 11, 2000
Business
Equinix, Inc. (Nasdaq: EQIX) operates as a leading global provider of digital infrastructure, specializing in data center colocation, interconnection services, and related offerings through its Platform Equinix, which comprises International Business Exchange (IBX) data centers; core products and services include colocation with secure space, power, and cooling; Equinix Fabric for software-defined interconnection and cross-connects; Internet Exchange for peering; Equinix Metal for automated bare metal servers; Network Edge for virtual network functions; multicloud networking solutions; AI-ready infrastructure; and managed services supporting enterprises, cloud providers, financial services, content providers, and network service providers. Founded in 1998 and headquartered in Redwood City, California, the company conducts operations across approximately 260 data centers in 33 countries spanning the Americas, Europe, Asia-Pacific, Middle East, and Africa, functioning as a real estate investment trust since 2015. Recent developments encompass the completion of a €59 million acquisition of BT's data centre business in Ireland in November 2025; expansion into the Philippines via acquisition of three Manila data centers in June 2025; announcement of a $22 million data center in Lagos, Nigeria, as part of African growth; formation of a joint venture with GIC and CPP Investments in October 2024 targeting over $15 billion for U.S. hyperscale xScale data centers to support AI and cloud demand; and strategic collaborations including preorders for Radiant nuclear microreactors and partnerships with NVIDIA and HPE for AI innovation.

Company News

  • The AI Boom Has a Landlord. These 3 REITs Are Getting Paid

  • Sara Eisen Went on Bill Maher and Said What Wall Street Will Not About the AI Race

  • The AI Data Center Race Heats Up: Three Winners Getting Paid Now, One Waiting for Next Year

  • Equinix (EQIX) Outpaces Stock Market Gains: What You Should Know

  • The Answer Is Eight: The REIT Opportunity Is Now

  • The REITs Quietly Collecting Rent in One of Real Estate's Strongest Corners

  • History Says Infrastructure Booms Create Winners and Losers. Here Are 3 AI Cloud Stocks to Watch.

  • 800 Equinix, Inc. $EQIX Shares Sold by Pensionfund PDN

  • 4 Data Center REITs That Pay Dividends: Where AI Boom Meets Steady Income

  • Why Equinix (EQIX) Outpaced the Stock Market Today

  • 5 Reasons Equinix Stock Could Be a Solid Portfolio Pick Now

  • Equinix Joins AI Capex Race, Consolidation Triggers Upgraded Buy Rating

  • MEDIA ALERT: Equinix Sets Conference Call for Third-Quarter Results

  • Equinix Says AI, Interconnection Demand Is Accelerating Growth

  • Equinix, Inc. (EQIX) Presents at RBC Capital Markets 2026 Global Communications and Infrastructure Conference Transcript

  • Equinix (EQIX) is a Top Dividend Stock Right Now: Should You Buy?

  • Data Centers Got the AI Hype—But Office REITs May Get the Rent Hikes

  • Equinix (EQIX) Stock Dips While Market Gains: Key Facts

  • 3 AI Infrastructure Stocks to Watch as Data Center Spending Surges

  • Equinix Offers Great Value And Durable Growth Beyond The AI Capex Cycle