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Equinix Inc (EQIX) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

REAL ESTATE · Data Center REITs · DATA UPDATED 2026-07-13

Equinix Inc (EQIX) operates in the Data Center REITs industry and is headquartered in Redwood City, United States with about 13,716 employees. Its market capitalization is roughly $107 billion. In the fiscal year ended 2025-12-31, EQIX reported $9.3B in revenue and $1.4B in net income.

Equinix, Inc. shortens the path to boundless connectivity anywhere in the world. Its digital infrastructure, data center footprint and interconnected ecosystems empower innovations that enhance our work, life and planet.

Interactive charts & full statements → Open the EQIX valuation workbench →

EQIX Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Revenue$9.5B$9.3B$8.7B$8.2B$7.3B$6.6B$6.0B$5.6B$5.1B$4.4B$3.6B$2.7B$2.4B$2.2B$1.9B$1.6B$1.2B$883M$705M$419M$287M
Gross Profit$4.8B$4.8B$4.3B$4.0B$3.5B$3.2B$2.9B$2.8B$2.5B$2.2B$1.8B$1.4B$1.2B$1.1B$943M$737M$544M$399M$290M$156M$99M
Gross Margin %51.3%51.3%48.9%48.4%48.4%47.7%48.8%49.5%48.6%49.8%49.6%52.6%51.0%50.6%49.7%45.8%44.6%45.2%41.1%37.1%34.3%
Operating Income (EBIT)$2.0B$1.8B$1.3B$1.4B$1.2B$1.1B$1.1B$1.2B$977M$809M$619M$567M$509M$461M$393M$306M$194M$181M$73M$10M$2M
Operating Margin %20.8%20.0%15.2%17.6%16.5%16.7%17.5%21.0%19.3%18.5%17.1%20.8%20.8%21.4%20.7%19.0%15.9%20.5%10.4%2.4%0.7%
Net Income$1.4B$1.4B$815M$969M$704M$500M$370M$507M$365M$233M$127M$188M($260M)$95M$145M$94M$37M$69M$132M($5M)($6M)
Net Margin %15.0%14.6%9.3%11.8%9.7%7.5%6.2%9.1%7.2%5.3%3.5%6.9%-10.6%4.4%7.6%5.9%3.0%7.9%18.7%-1.2%-2.2%
EBITDA$4.3B$4.1B$3.4B$3.4B$2.9B$2.6B$2.3B$2.5B$2.2B$1.8B$1.4B$1.0B$837M$794M$788M$659M$449M$357M$241M$123M$76M
Earnings Per Share (EPS)$14.46$13.76$8.38$10.31$7.67$5.53$4.18$5.99$4.56$3.00$1.79$3.21$-4.96$1.89$2.79$1.96$0.82$1.75$3.16$-0.16$-0.22
Shares Outstanding (M)99M98M97M94M92M90M88M85M80M78M71M58M52M50M52M48M45M40M42M32M29M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

EQIX Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total Revenue$2.4B$2.4B$2.3B$2.3B$2.2B$2.3B$2.2B$2.2B
Gross Profit$1.3B$1.2B$1.2B$1.2B$1.1B$1.1B$1.1B$1.1B
Gross Margin %51.5%50.9%50.7%51.9%51.3%47.1%50.1%49.9%
Operating Income (EBIT)$577M$422M$474M$494M$458M$103M$425M$436M
Operating Margin %23.6%17.3%20.5%21.9%20.6%4.6%19.3%20.2%
Net Income$415M$265M$374M$368M$343M($14M)$297M$301M
Net Margin %17.0%10.8%16.2%16.3%15.4%-0.6%13.5%13.9%
EBITDA$1.1B$1.1B$1.1B$1.0B$993M$624M$963M$947M
Earnings Per Share (EPS)$4.20$2.69$3.81$3.75$3.50$-0.14$3.08$3.16
Shares Outstanding (M)99M98M98M98M98M97M96M95M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

EQIX Free Cash Flow History

Cash flowTTM → 2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Cash from Operations (CFO)$3.8B$3.9B$3.2B$3.3B$3.0B$2.5B$2.3B$2.0B$1.8B$1.4B$1.0B$895M$689M$605M$632M$587M$393M$355M$268M$120M$75M
Capital Expenditures (CapEx)$4.8B$4.3B$3.1B$2.8B$2.3B$2.8B$2.3B$2.1B$2.1B$1.4B$1.1B$868M$660M$572M$764M$713M$594M$370M$471M$537M$162M
Free Cash Flow (FCF)($998M)($400M)$183M$562M$685M($204M)$27M($87M)($281M)$61M($94M)$27M$29M$32M($132M)($126M)($201M)($14M)($204M)($417M)($87M)
FCF Margin %-10.5%-4.3%2.1%6.9%9.4%-3.1%0.5%-1.6%-5.5%1.4%-2.6%1.0%1.2%1.5%-7.0%-7.8%-16.5%-1.6%-28.9%-99.5%-30.3%
Dividends Paid$1.9B$1.9B$1.6B$1.4B$1.2B$1.0B$948M$836M$739M$621M$499M$521M$83M$0M$0M$806M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

EQIX Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash from Operations (CFO)$717M$1.1B$1.0B$944M$809M$981M$758M$912M
Capital Expenditures (CapEx)$1.3B$1.4B$1.1B$989M$750M$987M$724M$648M
Free Cash Flow (FCF)($539M)($292M)($122M)($45M)$59M($6M)$34M$264M
FCF Margin %-22.1%-12.0%-5.3%-2.0%2.6%-0.3%1.5%12.2%
Dividends Paid$519M$461M$467M$460M$468M$413M$413M$405M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

EQIX Balance Sheet History

Balance sheet2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Assets$40.9B$40.1B$35.1B$32.7B$30.3B$27.9B$27.0B$24.0B$20.2B$18.7B$12.6B$10.4B$7.8B$7.5B$6.1B$5.8B$4.4B$3.0B$2.4B$2.2B$772M
Cash & Cash Equivalents$1.4B$1.7B$3.1B$2.1B$1.9B$1.5B$1.6B$1.9B$606M$1.4B$748M$2.2B$611M$262M$252M$279M$443M$346M$220M$291M$83M
Total Liabilities$26.6B$26.0B$21.5B$20.1B$18.8B$17.0B$16.4B$15.1B$13.0B$11.8B$8.2B$7.6B$5.5B$4.9B$3.7B$3.8B$2.6B$1.9B$1.6B$1.4B$417M
Total Debt (Short + Long-Term)$19.9B$19.2B$14.3B$14.0B$13.1B$11.9B$10.8B$10.5B$9.9B$8.5B$5.3B$5.2B$3.5B$3.2B$2.5B$2.7B$2.0B$1.5B$1.2B$1.1B$280M
Total Shareholders' Equity$14.3B$14.2B$13.6B$12.5B$11.5B$10.9B$10.6B$8.8B$7.2B$6.8B$4.4B$2.7B$2.3B$2.6B$2.4B$2.0B$1.9B$1.2B$893M$814M$355M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive EQIX viewer.

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