Equinix, Inc. (EQIX) Q2 FY2026 Financial Statements: Revenue $2.62B, Net income to common stockholders $479.00M
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PeriodQ2 FY2026
Published
Equinix reported revenue of $2.62 billion for Q2 FY2026, the quarter ended June 30, 2026, up 16.4% from a year earlier. Net income attributable to common stockholders was $479 million, up 30.2%, diluted earnings per share were $4.83, up 28.8%, and adjusted funds from operations (AFFO), a non-GAAP measure used by REITs, was $1.17 billion, up 20.2%. One-time fees for services to Equinix's Americas xScale joint ventures lifted revenue, operating income and AFFO alongside strong operating performance, and the net income gain came mainly from higher operating income; recurring revenue, which makes up most of what the data center operator earns, was $2.38 billion, up 10.9%.
| Metric | Amount | vs. year ago |
|---|---|---|
| Revenue | $2,625,000,000 | up 16.4% |
| Net income to common stockholders | $479,000,000 | up 30.2% |
| Diluted EPS | $4.83 | up 28.8% |
| AFFO | $1,168,000,000 | up 20.2% |
| Recurring revenue | $2,377,000,000 | up 10.9% |
Figures link to the filing they came from. Wherever the SEC filing tags a number, that number is linked: click it and the filing opens at the exact line that prints it. Figures calculated here, such as margins, free cash flow and trailing-twelve-month totals, have no line in a filing to point to and are not linked.
About this file
| Ticker | EQIX |
|---|---|
| CIK | 0001101239 |
| Company | Equinix, Inc. |
| Business type | reit |
| Schema template | REIT (revenues, adjusted EBITDA, FFO and AFFO, segment results, debt and book equity) |
| Reporting currency | USD |
| Converted to USD | no |
| Units | actual U.S. dollars (not millions); per-share amounts in dollars; share counts in actual shares |
EQIX annual income statement, balance sheet and cash flow
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Fiscal year | 2025 | 2024 | 2023 |
| Label | FY2025 | FY2024 | FY2023 |
| Period start | 2025-01-01 | 2024-01-01 | 2023-01-01 |
| Period end | 2025-12-31 | 2024-12-31 | 2023-12-31 |
| Period type | fiscal year | fiscal year | fiscal year |
| Source accession | 10-K | 10-K | 10-K |
| Income statement | |||
| Revenues | 9,217,000,000 | 8,748,000,000 | 8,188,000,000 |
| Cost of revenues | 4,508,000,000 | 4,467,000,000 | 4,228,000,000 |
| Sales and marketing | 903,000,000 | 891,000,000 | 855,000,000 |
| General and administrative | 1,840,000,000 | 1,766,000,000 | 1,654,000,000 |
| Restructuring and other exit charges | 33,000,000 | 31,000,000 | 0 |
| Transaction costs | 18,000,000 | 50,000,000 | 13,000,000 |
| Impairment charges | 68,000,000 | 233,000,000 | 0 |
| Loss gain on asset sales | -1,000,000 | -18,000,000 | -5,000,000 |
| Total costs and operating expenses | 7,369,000,000 | 7,420,000,000 | 6,745,000,000 |
| Operating income | 1,848,000,000 | 1,328,000,000 | 1,443,000,000 |
| Interest income | 193,000,000 | 137,000,000 | 94,000,000 |
| Interest expense | -527,000,000 | -457,000,000 | -402,000,000 |
| Other income expense | -7,000,000 | -17,000,000 | -11,000,000 |
| Gain loss on debt extinguishment | 1,000,000 | -16,000,000 | 0 |
| Income before income taxes | 1,508,000,000 | 975,000,000 | 1,124,000,000 |
| Income tax expense | -160,000,000 | -161,000,000 | -155,000,000 |
| Net income | 1,348,000,000 | 814,000,000 | 969,000,000 |
| Net loss income attributable to noncontrolling interests | 2,000,000 | 1,000,000 | 0 |
| Net income attributable to common stockholders | 1,350,000,000 | 815,000,000 | 969,000,000 |
| Basic EPS | 13.79 | 8.54 | 10.35 |
| Weighted average basic shares | 97,883,000 | 95,457,000 | 93,615,000 |
| Diluted EPS | 13.76 | 8.5 | 10.31 |
| Weighted average diluted shares | 98,123,000 | 95,827,000 | 94,009,000 |
| Balance sheet | |||
| Cash and cash equivalents | 1,727,000,000 | 3,081,000,000 | |
| Short term investments | 1,500,000,000 | 527,000,000 | |
| Accounts receivable net | 1,001,000,000 | 949,000,000 | |
| Other current assets | 897,000,000 | 890,000,000 | |
| Total current assets | 5,125,000,000 | 5,447,000,000 | |
| Property plant and equipment net | 23,584,000,000 | 19,249,000,000 | |
| Operating lease right of use assets | 1,392,000,000 | 1,419,000,000 | |
| Goodwill | 5,984,000,000 | 5,504,000,000 | |
| Intangible assets net | 1,316,000,000 | 1,417,000,000 | |
| Other assets | 2,740,000,000 | 2,049,000,000 | |
| Total assets | 40,141,000,000 | 35,085,000,000 | |
| Accounts payable and accrued expenses | 1,350,000,000 | 1,193,000,000 | |
| Accrued property plant and equipment | 564,000,000 | 387,000,000 | |
| Operating lease liabilities current | 155,000,000 | 144,000,000 | |
| Finance lease liabilities current | 168,000,000 | 189,000,000 | |
| Mortgage and loans payable current | 17,000,000 | 5,000,000 | |
| Senior notes current | 1,299,000,000 | 1,199,000,000 | |
| Other current liabilities | 340,000,000 | 232,000,000 | |
| Total current liabilities | 3,893,000,000 | 3,349,000,000 | |
| Operating lease liabilities noncurrent | 1,304,000,000 | 1,331,000,000 | |
| Finance lease liabilities noncurrent | 2,187,000,000 | 2,086,000,000 | |
| Mortgage and loans payable noncurrent | 686,000,000 | 644,000,000 | |
| Senior notes noncurrent | 16,910,000,000 | 13,363,000,000 | |
| Other liabilities | 983,000,000 | 760,000,000 | |
| Total liabilities | 25,963,000,000 | 21,533,000,000 | |
| Redeemable noncontrolling interest | 25,000,000 | 25,000,000 | |
| Total common stockholders equity | 14,156,000,000 | 13,528,000,000 | |
| Noncontrolling interests | -3,000,000 | -1,000,000 | |
| Total stockholders equity | 14,153,000,000 | 13,527,000,000 | |
| Common shares outstanding | 98,226,000 | 97,287,000 | |
| Total debt derived | 18,912,000,000 | 15,211,000,000 | |
| Cash flow | |||
| Net cash provided by operating activities | 3,911,000,000 | 3,249,000,000 | 3,217,000,000 |
| Depreciation amortization and accretion | 2,066,000,000 | 2,011,000,000 | 1,844,000,000 |
| Stock based compensation | 498,000,000 | 462,000,000 | 407,000,000 |
| Capital expenditures | -4,311,000,000 | -3,066,000,000 | -2,781,000,000 |
| Real estate acquisitions | -994,000,000 | -337,000,000 | -384,000,000 |
| Business acquisitions net of cash acquired | -251,000,000 | 0 | 0 |
| Proceeds from sale of assets | 0 | 247,000,000 | 77,000,000 |
| Net cash used in investing activities | -6,484,000,000 | -3,937,000,000 | -3,224,000,000 |
| Payment of dividends | -1,856,000,000 | -1,643,000,000 | -1,375,000,000 |
| Proceeds from public offering of common stock | 99,000,000 | 1,673,000,000 | 734,000,000 |
| Proceeds from senior notes | 4,311,000,000 | 2,768,000,000 | 902,000,000 |
| Repayment of senior notes | -1,200,000,000 | -1,000,000,000 | 0 |
| Net cash provided by used in financing activities | 1,272,000,000 | 1,723,000,000 | 211,000,000 |
| Free cash flow derived | -400,000,000 | 183,000,000 | 436,000,000 |
| Non GAAP | |||
| Adjusted EBITDA | 4,530,000,000 | 4,097,000,000 | 3,702,000,000 |
| Depreciation amortization and accretion | 2,066,000,000 | 2,011,000,000 | 1,844,000,000 |
| Stock based compensation | 498,000,000 | 462,000,000 | 407,000,000 |
| Real estate depreciation | 1,282,000,000 | 1,239,000,000 | 1,143,000,000 |
| Ffo attributable to common stockholders | 2,668,000,000 | 2,061,000,000 | 2,130,000,000 |
| Recurring capital expenditures | -284,000,000 | -250,000,000 | -219,000,000 |
| Affo attributable to common stockholders | 3,761,000,000 | 3,356,000,000 | 3,019,000,000 |
| Segments | |||
| Americas | |||
| Revenues | 4,111,000,000 | 3,862,000,000 | 3,617,000,000 |
| Adjusted EBITDA | 1,890,000,000 | 1,709,000,000 | 1,614,000,000 |
| Emea | |||
| Revenues | 3,130,000,000 | 2,967,000,000 | 2,838,000,000 |
| Adjusted EBITDA | 1,561,000,000 | 1,378,000,000 | 1,251,000,000 |
| Asia pacific | |||
| Revenues | 1,976,000,000 | 1,919,000,000 | 1,733,000,000 |
| Adjusted EBITDA | 1,079,000,000 | 1,010,000,000 | 837,000,000 |
| Revenue by product line | |||
| Colocation | 6,475,000,000 | 6,058,000,000 | 5,765,000,000 |
| Interconnection | 1,655,000,000 | 1,519,000,000 | 1,395,000,000 |
| Managed infrastructure | 466,000,000 | 467,000,000 | 452,000,000 |
| Other | 143,000,000 | 140,000,000 | 133,000,000 |
| Recurring revenues | 8,739,000,000 | 8,184,000,000 | 7,745,000,000 |
| Non recurring revenues | 478,000,000 | 564,000,000 | 443,000,000 |
| Dividends | |||
| Dividend distribution per common share | 18.76 | 17.04 | 14.49 |
EQIX quarterly income statement, balance sheet and cash flow
| Q2 2026 | Q2 2025 | |
|---|---|---|
| Fiscal year | 2026 | 2025 |
| Fiscal quarter | 2 | 2 |
| Label | Q2 2026 | Q2 2025 |
| Period start | 2026-04-01 | 2025-04-01 |
| Period end | 2026-06-30 | 2025-06-30 |
| Period type | three months | three months |
| Source accession | 10-Q | 10-Q |
| Income statement | ||
| Revenues | 2,625,000,000 | 2,256,000,000 |
| Cost of revenues | 1,230,000,000 | 1,084,000,000 |
| Sales and marketing | 239,000,000 | 221,000,000 |
| General and administrative | 462,000,000 | 451,000,000 |
| Restructuring and other exit charges | 6,000,000 | 2,000,000 |
| Transaction costs | 3,000,000 | 3,000,000 |
| Impairment charges | 17,000,000 | 1,000,000 |
| Loss gain on asset sales | 3,000,000 | 0 |
| Total costs and operating expenses | 1,960,000,000 | 1,762,000,000 |
| Operating income | 665,000,000 | 494,000,000 |
| Interest income | 36,000,000 | 52,000,000 |
| Interest expense | -151,000,000 | -135,000,000 |
| Other income expense | -28,000,000 | -7,000,000 |
| Gain loss on debt extinguishment | 1,000,000 | 1,000,000 |
| Income before income taxes | 523,000,000 | 405,000,000 |
| Income tax expense | -46,000,000 | -38,000,000 |
| Net income | 477,000,000 | 367,000,000 |
| Net loss income attributable to noncontrolling interests | 2,000,000 | 1,000,000 |
| Net income attributable to common stockholders | 479,000,000 | 368,000,000 |
| Basic EPS | 4.86 | 3.76 |
| Weighted average basic shares | 98,641,000 | 97,835,000 |
| Diluted EPS | 4.83 | 3.75 |
| Weighted average diluted shares | 99,136,000 | 98,050,000 |
| Balance sheet | ||
| Cash and cash equivalents | 979,000,000 | |
| Short term investments | 1,245,000,000 | |
| Accounts receivable net | 1,256,000,000 | |
| Other current assets | 842,000,000 | |
| Total current assets | 4,322,000,000 | |
| Property plant and equipment net | 25,222,000,000 | |
| Operating lease right of use assets | 1,296,000,000 | |
| Goodwill | 5,912,000,000 | |
| Intangible assets net | 1,204,000,000 | |
| Other assets | 3,120,000,000 | |
| Total assets | 41,076,000,000 | |
| Accounts payable and accrued expenses | 1,263,000,000 | |
| Accrued property plant and equipment | 723,000,000 | |
| Operating lease liabilities current | 156,000,000 | |
| Finance lease liabilities current | 176,000,000 | |
| Mortgage and loans payable current | 9,000,000 | |
| Senior notes current | 1,170,000,000 | |
| Other current liabilities | 323,000,000 | |
| Total current liabilities | 3,820,000,000 | |
| Operating lease liabilities noncurrent | 1,211,000,000 | |
| Finance lease liabilities noncurrent | 2,104,000,000 | |
| Mortgage and loans payable noncurrent | 11,000,000 | |
| Senior notes noncurrent | 18,519,000,000 | |
| Other liabilities | 1,013,000,000 | |
| Total liabilities | 26,678,000,000 | |
| Redeemable noncontrolling interest | 25,000,000 | |
| Total common stockholders equity | 14,382,000,000 | |
| Noncontrolling interests | -9,000,000 | |
| Total stockholders equity | 14,373,000,000 | |
| Common shares outstanding | 98,671,000 | |
| Total debt derived | 19,709,000,000 | |
| Non GAAP | ||
| Adjusted EBITDA | 1,396,000,000 | 1,129,000,000 |
| Depreciation amortization and accretion | 557,000,000 | 502,000,000 |
| Stock based compensation | 145,000,000 | 127,000,000 |
| Real estate depreciation | 361,000,000 | 312,000,000 |
| Ffo attributable to common stockholders | 854,000,000 | 689,000,000 |
| Recurring capital expenditures | -49,000,000 | -55,000,000 |
| Affo attributable to common stockholders | 1,168,000,000 | 972,000,000 |
| Segments | ||
| Americas | ||
| Revenues | 1,251,000,000 | 1,004,000,000 |
| Adjusted EBITDA | 641,000,000 | 466,000,000 |
| Emea | ||
| Revenues | 845,000,000 | 767,000,000 |
| Adjusted EBITDA | 456,000,000 | 399,000,000 |
| Asia pacific | ||
| Revenues | 529,000,000 | 485,000,000 |
| Adjusted EBITDA | 299,000,000 | 264,000,000 |
| Revenue by product line | ||
| Colocation | 1,772,000,000 | 1,585,000,000 |
| Interconnection | 453,000,000 | 407,000,000 |
| Managed infrastructure | 112,000,000 | 117,000,000 |
| Other | 40,000,000 | 34,000,000 |
| Recurring revenues | 2,377,000,000 | 2,143,000,000 |
| Non recurring revenues | 248,000,000 | 113,000,000 |
| Dividends | ||
| Dividend distribution per common share | 5.16 | 4.69 |
EQIX year-to-date income statement and cash flow
| Six months ended June 30, 2026 | |
|---|---|
| Label | Six months ended June 30, 2026 |
| Period start | 2026-01-01 |
| Period end | 2026-06-30 |
| Period type | six months |
| Source accession | 10-Q |
| Prior year comparative | |
| Label | Six months ended June 30, 2025 |
| Period start | 2025-01-01 |
| Period end | 2025-06-30 |
| Period type | six months |
| Source accession | 10-Q |
| Income statement | |
| Revenues | 4,481,000,000 |
| Cost of revenues | 2,168,000,000 |
| Sales and marketing | 450,000,000 |
| General and administrative | 889,000,000 |
| Restructuring and other exit charges | 12,000,000 |
| Transaction costs | 9,000,000 |
| Impairment charges | 1,000,000 |
| Loss gain on asset sales | 0 |
| Total costs and operating expenses | 3,529,000,000 |
| Operating income | 952,000,000 |
| Interest income | 99,000,000 |
| Interest expense | -257,000,000 |
| Other income expense | 2,000,000 |
| Gain loss on debt extinguishment | 1,000,000 |
| Income before income taxes | 797,000,000 |
| Income tax expense | -87,000,000 |
| Net income | 710,000,000 |
| Net loss income attributable to noncontrolling interests | 1,000,000 |
| Net income attributable to common stockholders | 711,000,000 |
| Basic EPS | 7.28 |
| Weighted average basic shares | 97,674,000 |
| Diluted EPS | 7.26 |
| Weighted average diluted shares | 97,968,000 |
| Cash flow | |
| Net cash provided by operating activities | 1,753,000,000 |
| Depreciation amortization and accretion | 982,000,000 |
| Stock based compensation | 240,000,000 |
| Capital expenditures | -1,739,000,000 |
| Real estate acquisitions | -99,000,000 |
| Business acquisitions net of cash acquired | -182,000,000 |
| Proceeds from sale of assets | 0 |
| Net cash used in investing activities | -2,404,000,000 |
| Payment of dividends | -928,000,000 |
| Proceeds from public offering of common stock | 99,000,000 |
| Proceeds from senior notes | 2,066,000,000 |
| Repayment of senior notes | 0 |
| Repayment of other debt | -1,000,000 |
| Net cash provided by used in financing activities | 1,206,000,000 |
| Free cash flow derived | 14,000,000 |
| Non GAAP | |
| Adjusted EBITDA | 2,196,000,000 |
| Depreciation amortization and accretion | 982,000,000 |
| Stock based compensation | 240,000,000 |
| Real estate depreciation | 609,000,000 |
| Ffo attributable to common stockholders | 1,336,000,000 |
| Recurring capital expenditures | -81,000,000 |
| Affo attributable to common stockholders | 1,919,000,000 |
| Segments | |
| Americas | |
| Revenues | 2,005,000,000 |
| Adjusted EBITDA | 909,000,000 |
| Emea | |
| Revenues | 1,510,000,000 |
| Adjusted EBITDA | 764,000,000 |
| Asia pacific | |
| Revenues | 966,000,000 |
| Adjusted EBITDA | 523,000,000 |
| Revenue by product line | |
| Colocation | 3,130,000,000 |
| Interconnection | 800,000,000 |
| Managed infrastructure | 232,000,000 |
| Other | 68,000,000 |
| Recurring revenues | 4,230,000,000 |
| Non recurring revenues | 251,000,000 |
| Income statement | |
| Revenues | 5,069,000,000 |
| Cost of revenues | 2,416,000,000 |
| Sales and marketing | 480,000,000 |
| General and administrative | 906,000,000 |
| Restructuring and other exit charges | 12,000,000 |
| Transaction costs | 11,000,000 |
| Impairment charges | 19,000,000 |
| Loss gain on asset sales | -17,000,000 |
| Total costs and operating expenses | 3,827,000,000 |
| Operating income | 1,242,000,000 |
| Interest income | 77,000,000 |
| Interest expense | -299,000,000 |
| Other income expense | -27,000,000 |
| Gain loss on debt extinguishment | 1,000,000 |
| Income before income taxes | 994,000,000 |
| Income tax expense | -102,000,000 |
| Net income | 892,000,000 |
| Net loss income attributable to noncontrolling interests | 2,000,000 |
| Net income attributable to common stockholders | 894,000,000 |
| Basic EPS | 9.07 |
| Weighted average basic shares | 98,516,000 |
| Diluted EPS | 9.04 |
| Weighted average diluted shares | 98,931,000 |
| Cash flow | |
| Net cash provided by operating activities | 1,784,000,000 |
| Depreciation amortization and accretion | 1,101,000,000 |
| Stock based compensation | 273,000,000 |
| Capital expenditures | -2,834,000,000 |
| Real estate acquisitions | -224,000,000 |
| Business acquisitions net of cash acquired | 0 |
| Proceeds from sale of assets | 348,000,000 |
| Net cash used in investing activities | -2,575,000,000 |
| Payment of dividends | -1,029,000,000 |
| Proceeds from public offering of common stock | 0 |
| Proceeds from senior notes | 2,419,000,000 |
| Repayment of senior notes | -700,000,000 |
| Repayment of other debt | -682,000,000 |
| Net cash provided by used in financing activities | -6,000,000 |
| Free cash flow derived | -1,050,000,000 |
| Non GAAP | |
| Adjusted EBITDA | 2,641,000,000 |
| Depreciation amortization and accretion | 1,101,000,000 |
| Stock based compensation | 273,000,000 |
| Real estate depreciation | 712,000,000 |
| Ffo attributable to common stockholders | 1,612,000,000 |
| Recurring capital expenditures | -81,000,000 |
| Affo attributable to common stockholders | 2,233,000,000 |
| Segments | |
| Americas | |
| Revenues | 2,342,000,000 |
| Adjusted EBITDA | 1,157,000,000 |
| Emea | |
| Revenues | 1,672,000,000 |
| Adjusted EBITDA | 880,000,000 |
| Asia pacific | |
| Revenues | 1,055,000,000 |
| Adjusted EBITDA | 604,000,000 |
| Revenue by product line | |
| Colocation | 3,502,000,000 |
| Interconnection | 899,000,000 |
| Managed infrastructure | 227,000,000 |
| Other | 80,000,000 |
| Recurring revenues | 4,708,000,000 |
| Non recurring revenues | 361,000,000 |
EQIX trailing twelve month income statement and cash flow
| Trailing twelve months ended June 30, 2026 | |
|---|---|
| Label | Trailing twelve months ended June 30, 2026 |
| Period start | 2025-07-01 |
| Period end | 2026-06-30 |
| Period type | trailing twelve months |
| Source accession | 10-K, 10-Q |
| Income statement | |
| Revenues | 9,805,000,000 |
| Cost of revenues | 4,756,000,000 |
| Sales and marketing | 933,000,000 |
| General and administrative | 1,857,000,000 |
| Restructuring and other exit charges | 33,000,000 |
| Transaction costs | 20,000,000 |
| Impairment charges | 86,000,000 |
| Loss gain on asset sales | -18,000,000 |
| Total costs and operating expenses | 7,667,000,000 |
| Operating income | 2,138,000,000 |
| Interest income | 171,000,000 |
| Interest expense | -569,000,000 |
| Other income expense | -36,000,000 |
| Gain loss on debt extinguishment | 1,000,000 |
| Income before income taxes | 1,705,000,000 |
| Income tax expense | -175,000,000 |
| Net income | 1,530,000,000 |
| Net loss income attributable to noncontrolling interests | 3,000,000 |
| Net income attributable to common stockholders | 1,533,000,000 |
| Cash flow | |
| Net cash provided by operating activities | 3,942,000,000 |
| Depreciation amortization and accretion | 2,185,000,000 |
| Stock based compensation | 531,000,000 |
| Capital expenditures | -5,406,000,000 |
| Real estate acquisitions | -1,119,000,000 |
| Business acquisitions net of cash acquired | -69,000,000 |
| Proceeds from sale of assets | 348,000,000 |
| Net cash used in investing activities | -6,655,000,000 |
| Payment of dividends | -1,957,000,000 |
| Proceeds from public offering of common stock | 0 |
| Proceeds from senior notes | 4,664,000,000 |
| Repayment of senior notes | -1,900,000,000 |
| Net cash provided by used in financing activities | 60,000,000 |
| Free cash flow derived | -1,464,000,000 |
| Non GAAP | |
| Adjusted EBITDA | 4,975,000,000 |
| Depreciation amortization and accretion | 2,185,000,000 |
| Stock based compensation | 531,000,000 |
| Real estate depreciation | 1,385,000,000 |
| Ffo attributable to common stockholders | 2,944,000,000 |
| Recurring capital expenditures | -284,000,000 |
| Affo attributable to common stockholders | 4,075,000,000 |
Adjustments
| Value | |
|---|---|
| Splits applied | none |
| ADR ratio | n/a |
| FX | None applied. Equinix reports in U.S. dollars, so no currency translation was needed. |
| Note | Equinix has had no stock split in the periods covered, so every per-share figure is as printed in the filing it comes from. |
Notes
- Schema: the REIT template. Equinix provides colocation space and related offerings through its IBX data centers, and has operated as a real estate investment trust for U.S. federal income tax purposes since January 1, 2015. The record is built around revenues, operating income, adjusted EBITDA, funds from operations (FFO) and adjusted funds from operations (AFFO), the three regional segments, debt and book equity. The statements of operations present no gross profit line, so none is shown.
- Source filings: the FY2025 Form 10-K (accession 0001101239-26-000032, filed February 11, 2026) and the Form 10-Q for the quarter ended June 30, 2026 (accession 0001101239-26-000147, filed July 29, 2026). Every figure here is taken from one of these two filings.
- Periods these filings print, and therefore the periods carried here: the 10-K's statements of operations and cash flows present FY2025, FY2024 and FY2023, and its balance sheet presents December 31, 2025 and 2024 only, so FY2023 carries no balance sheet. The 10-Q presents the three and six months ended June 30, 2026 and 2025, and a balance sheet at June 30, 2026 and December 31, 2025. The second quarter of 2025 therefore carries no balance sheet. The 10-Q's December 31, 2025 balance sheet column matches the 10-K's on every line carried here.
- Fiscal years end December 31, so fiscal quarters match calendar quarters.
- Every dollar amount in both filings' statements is printed in millions and has been converted to actual dollars here, so figures are exact only to the nearest million. Weighted-average share counts and shares outstanding are printed in thousands and are stated here in actual shares, exact only to the nearest thousand. Per-share amounts are in dollars as printed.
- Quarterly cash flow is not reported. The 10-Q presents its statement of cash flows for the six months ended June 30, 2026 and 2025 only, with no three-month column, so the quarterly periods carry no cash flow figures. The six-month figures are in year_to_date, with the 2025 six months as its prior-year comparative.
- Sign conventions follow the statements. Cost and expense lines are positive. Interest expense and income tax expense are negative. Other income (expense) and gain (loss) on debt extinguishment carry their printed sign. loss_gain_on_asset_sales is the '(Gain) loss on asset sales' line within costs and operating expenses: positive is a net loss, negative a net gain. net_loss_income_attributable_to_noncontrolling_interests is the '(income) loss attributable to non-controlling interests' line: positive means the non-controlling interests absorbed a loss, which adds to the common stockholders' share. In cash flows, outflows are negative.
- operating_income is the line the company calls 'Income from operations'. Earnings per share are computed by the company on net income attributable to common stockholders.
- Adjusted EBITDA, FFO and AFFO are the company's non-GAAP measures. They are reconciled to net income in the 'Non-GAAP Financial Measures' section of each filing's Management's Discussion and Analysis, and the totals are carried here as printed. Adjusted EBITDA is net income before income taxes, interest income and expense, other income or expense, gain or loss on debt extinguishment, depreciation, amortization, accretion, stock-based compensation, restructuring and other exit charges, impairment charges, transaction costs and gain or loss on asset sales. It is also the company's measure of segment profit. FFO follows the National Association of Real Estate Investment Trusts standard: net income attributable to common stockholders excluding real estate depreciation and amortization and gains or losses on real estate dispositions, with joint venture adjustments. AFFO further adjusts FFO for non-real-estate depreciation, amortization, accretion, stock-based compensation, straight-line and other non-cash items, restructuring, impairment and transaction costs, and deducts recurring capital expenditures. Neither filing prints FFO or AFFO per share, so no per-share figure is given.
- capital_expenditures is the cash flow line 'Purchases of other property, plant and equipment'. It excludes real estate acquisitions and business acquisitions, which are shown separately. The 10-Q describes the six-month increase on this line ($2,834 million against $1,739 million) as a $1.1 billion increase in capital expenditures. recurring_capital_expenditures in the non-GAAP block is a different, much narrower figure: the spending the company counts as maintaining existing data centers, deducted in arriving at AFFO.
- free_cash_flow_derived is calculated here as net cash provided by operating activities less capital_expenditures. It is not a measure the company reports, and it does not deduct real estate acquisitions, business acquisitions or finance lease principal repayments. On this basis it was negative in FY2025 and in the first half of 2026 because purchases of property, plant and equipment exceeded operating cash flow.
- total_debt_derived is calculated here as the balance sheet carrying amounts of senior notes plus mortgage and loans payable, current and non-current portions together. It excludes finance lease and operating lease liabilities, which are carried as separate lines. The 10-Q states that at June 30, 2026 principal on the senior notes was approximately $19.9 billion, gross of debt issuance costs and discounts. Mortgage and loans payable fell from $703 million at December 31, 2025 to $20 million at June 30, 2026, and the 10-Q's cash flow statement shows $682 million of repayment of other debt in the six months.
- Dividends per share are the amounts on each 'Dividend distribution on common stock' line of the statements of stockholders' equity: $5.16 in the second quarter of 2026 against $4.69 in the second quarter of 2025, and $18.76, $17.04 and $14.49 for FY2025, FY2024 and FY2023. The 10-Q also reports that on July 29, 2026 the company declared a quarterly dividend of $5.16 per share, payable September 16, 2026 to stockholders of record on August 19, 2026.
- common_shares_outstanding is the outstanding count stated in the balance sheet's common stock caption (98,671 thousand at June 30, 2026, 98,226 thousand at December 31, 2025 and 97,287 thousand at December 31, 2024). The 10-Q cover reports 98,671,686 shares outstanding as of July 28, 2026.
- Segments: the company reports three regional segments: the Americas, EMEA (Europe, Middle East and Africa) and Asia-Pacific. Segment revenues and segment adjusted EBITDA come from the segment information note (Note 12 of the 10-Q, Note 18 of the 10-K), and each set sums to the consolidated total. revenue_by_product_line is the consolidated revenue split from the same note. Colocation, interconnection, managed infrastructure and other make up recurring revenues; non-recurring revenues are the rest. The company notes that colocation and other revenues include some leasing and hedging activities.
- trailing_twelve_months is calculated here as FY2025 plus the six months ended June 30, 2026 less the six months ended June 30, 2025. It is given for income statement, cash flow and non-GAAP totals only. Per-share amounts and share counts are not additive across periods and are not derived. FY2025 is audited; the six-month figures are unaudited.
- Both filings state that certain prior period amounts were reclassified to conform with the current presentation. Each period here is carried as presented in the filing it is sourced from.
- The FY2025 10-K states that the consolidated statements include TIM NextGen DC Corporation, which Equinix acquired on June 2, 2025 from Total Information Management and Zenutna Development & Realty Corporation. TIM NextGen DC Corporation consists of three data centers in the Philippines, and the total purchase consideration was $183 million.
Uncertainties
- No three-month cash flow figures are available from the 10-Q, so the second quarters of 2026 and 2025 carry none, and quarterly free cash flow cannot be stated.
- FFO and AFFO are given as totals only, because neither filing prints them per share.
- All dollar figures are exact only to the nearest million, because the filings print them in millions. Trailing-twelve-month and other derived figures inherit that rounding.
Company details
| Value | |
|---|---|
| Name | Equinix Inc |
| Ticker | EQIX |
| CIK | 0001101239 |
| Exchange | Nasdaq |
| State | California |
| Incorporation | Delaware |
| SIC | 6798 |
| Office | Real Estate & Construction |
| Industry | Real Estate Investment Trusts |
Fiscal period
| FY2026 | |
|---|---|
| Fiscal year | 2026 |
| Fiscal period | Q2 |
| Tag | FY26Q2 |
| Period end | 2026-06-30 |
| Form | 10-Q |
| Accession | 10-Q |
| Fiscal year end | 1231 |
| Source | facts |
Source filings
| Role | Current | Form | Fiscal year | Fiscal period | Tag | Period end | Filed | Accession | Url | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| annual | no | 10-K | 2025 | FY | FY25 | 2025-12-31 | 2026-02-11 | 0001101239-26-000032 | https://www.sec.gov/Archives/edgar/data/1101239/000110123926000032/0001101239-26-000032-index.htm | reported |
| quarterly | yes | 10-Q | 2026 | Q2 | FY26Q2 | 2026-06-30 | 2026-07-29 | 0001101239-26-000147 | https://www.sec.gov/Archives/edgar/data/1101239/000110123926000147/0001101239-26-000147-index.htm | facts |
FAQ · Equinix financial statements
How much revenue did Equinix report in Q2 FY2026?
Equinix reported revenue of $2.62 billion for Q2 FY2026, the quarter ended June 30, 2026, up 16.4% from $2.26 billion a year earlier. Recurring revenue was $2.38 billion, up 10.9%, while non-recurring revenue rose mainly on one-time fees for services to Equinix's Americas xScale joint ventures.
What was Equinix's earnings per share in Q2 FY2026?
Equinix earned $4.83 per diluted share in Q2 FY2026, up 28.8% from $3.75 a year earlier. Net income attributable to common stockholders was $479 million, compared with $368 million in the same quarter of the prior year.
What was Equinix's AFFO in Q2 FY2026?
Equinix reported adjusted funds from operations (AFFO) attributable to common stockholders of $1.17 billion for Q2 FY2026, up 20.2% from $972 million a year earlier, an increase the company attributes to strong operating performance and one-time fees for services to its Americas xScale joint ventures. AFFO is a non-GAAP measure that Equinix, a real estate investment trust, reconciles to net income.
How fast is Equinix's recurring revenue growing?
Equinix's recurring revenue was $2.38 billion in Q2 FY2026, the quarter ended June 30, 2026, up 10.9% from $2.14 billion in the same quarter a year earlier.
Where can I get Equinix, Inc. (EQIX) financial data in machine-readable form?
Ticker Scout publishes Equinix, Inc.'s financial statements as JSON at https://tickerscout.ai/eqix/financials.json, free, with no API key and no signup. The 10-K and 10-Q narrative and the 8-K events digest are published as Markdown at https://tickerscout.ai/eqix/narrative.md and https://tickerscout.ai/eqix/events.md. Equinix, Inc.'s SEC CIK is 0001101239. Every figure cites the SEC accession number it came from, so it can be checked against sec.gov.
When does Equinix, Inc. (EQIX) next file with the SEC?
Equinix, Inc. (EQIX) is expected to file its next Form 10-Q with the SEC on or around October 28, 2026. That date is a projection rather than a company-announced date: it is derived from Equinix, Inc.'s own filing history with the SEC, by taking the date the company filed the same fiscal period a year earlier and adding 52 weeks. The most recent periodic report on file is the 10-Q for Q2 FY2026, the period ended 2026-06-30, SEC accession 0001101239-26-000147.
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How this page was built
This page was built from two of Equinix, Inc.'s own filings with the SEC, read one at a time. Nothing on it is taken from a pre-tagged dataset, a data vendor or another website. The figures are on the company's own fiscal calendar and in actual dollars, as the filings report them. Where the filings do not support a figure, the record says so instead of reporting a zero; this period names three such gaps.
A single company files thousands of pages with the SEC in a year, and no two companies file them the same way, so the reading and the assembly here are done by AI rather than by rules that break on the differences. Every pass is then audited back against the filings it came from before the page is published, and anything the filings do not support is left out and named rather than filled in. AI can still make mistakes. That is why the accession numbers are printed: the filing is the authority, and this page is a route to it.
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Built from Equinix, Inc.'s SEC filings by Ticker Scout; accession numbers are cited throughout so every figure can be checked against sec.gov. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer.