Equinix, Inc.

Equinix, Inc.

1,054.09
USD
+39.69
(+3.91%)
16.64EPS
60.46P/E
100.13BMarket Cap
Feb 17Next Earn
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
102.13
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
16.73
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
-16.82
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
20.38
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
146.86
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
75.94
Basic Weighted Avg Shares
49
52
58
70
77
80
84
88
90
92
94
95
98
99
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
10,060
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
23.92
Depreciation Expense
432
482
526
837
1,042
1,227
1,285
1,423
1,656
1,737
1,844
2,011
2,066
2,200
Net Income, GAAP
95
-260
188
127
233
365
507
370
500
705
969
815
1,350
1,648
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
10.74
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
16.38
Working Capital
342
847
1,603
439
1,006
1
715
584
1,351
1,467
406
2,098
1,232
1,305
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
24,403
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
14,553
Return on Invested Capital (%)
6.39
-22.6
6.19
4.31
4.65
4.62
4.19
3.22
3.59
3.77
4.27
3.53
4.73
5.31
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
5.75
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
11.49

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
2,226
1,511
2,008
LT Borrowings
17,728
18,530
20,976
LT Finance Leases
3,382
3,315
3,427
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
99
99
99
Market Capitalization
96,674
102,854
100,134

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
5,346
4,322
5,757
Cash, Cash Equivalents & STI
3,054
2,224
3,597
Accounts Receivable, Net
1,108
1,256
1,203
Inventories
- -
- -
- -
Total Current Liabilities
4,538
3,820
4,452
Payables & Accruals
2,024
1,986
2,101
ST Debt
2,226
1,511
2,008
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

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

USD

•

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
2,571
- -
- -

Quarterly Earnings Per Share

USD

•

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
4.95
- -
- -

Quarterly Dividends Per Share

USD

•

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
5.24
- -
- -

Company Description

CEO
Adaire Fox-Martin
Full Time Employees
13,716
Sector
Finance
Industry
Real estate investment trusts
Address
One Lagoon Drive Redwood City CA United States 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.

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