Equinix (EQIX)
Carrier-neutral data centers linking enterprises, networks and cloud providers through colocation and interconnection.
$1,042.35
vs last close−16.91 (−1.60%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,061 | 2,110 | 2,127 | 2,159 | 2,201 | 2,261 | 2,225 | 2,256 | 2,316 | 2,442 | 2,444 | 2,625 |
| Cost of revenue | 1,069 | 1,092 | 1,091 | 1,082 | 1,098 | 1,196 | 1,084 | 1,084 | 1,142 | 1,198 | 1,186 | 1,230 |
| Gross profit | 992 | 1,019 | 1,036 | 1,077 | 1,103 | 1,065 | 1,141 | 1,172 | 1,174 | 1,244 | 1,258 | 1,395 |
| 611 | 672 | 672 | 641 | 678 | 962 | 683 | 678 | 700 | 822 | 681 | 730 | |
| 616 | 666 | 670 | 656 | 671 | 660 | 667 | 672 | 689 | 718 | 685 | 701 | |
| Selling & marketing | 213 | 218 | 226 | 219 | 237 | 209 | 229 | 221 | 219 | 234 | 241 | 239 |
| General & administrative | 404 | 449 | 444 | 437 | 434 | 451 | 438 | 451 | 470 | 484 | 444 | 462 |
| Other expenses | −5 | 6 | 2 | −15 | 7 | 302 | 16 | 6 | 11 | 104 | −4 | 29 |
| Operating income | 381 | 346 | 364 | 436 | 425 | 103 | 458 | 494 | 474 | 422 | 577 | 665 |
| −85 | −76 | −87 | −88 | −75 | −103 | −66 | −89 | −75 | −110 | −106 | −142 | |
| Interest income | 23 | 28 | 24 | 29 | 35 | 49 | 47 | 52 | 53 | 41 | 41 | 36 |
| Interest expense | 102 | 103 | 104 | 110 | 117 | 126 | 122 | 135 | 128 | 151 | 148 | 151 |
| Other non-operating income | −17 | −27 | −17 | −22 | −42 | −23 | −56 | −46 | −53 | −104 | 1 | −9 |
| Income before tax | 296 | 270 | 277 | 348 | 350 | 0 | 392 | 405 | 399 | 312 | 471 | 523 |
| Income tax expense | 20 | 43 | 46 | 47 | 54 | 14 | 49 | 38 | 25 | 48 | 56 | 46 |
| Net income from continuing operations | 276 | 227 | 231 | 301 | 296 | −14 | 343 | 367 | 374 | 264 | 415 | 477 |
| Other adjustments | 0 | 0 | 25 | 25 | 0 | 0 | 24 | 0 | 0 | 0 | 0 | 4 |
| Net income | 276 | 228 | 231 | 301 | 297 | −14 | 343 | 368 | 374 | 265 | 415 | 479 |
| EPS, basic | $2.94 | $2.41 | $2.44 | $3.16 | $3.11 | −$0.14 | $3.52 | $3.76 | $3.82 | $2.70 | $4.22 | $4.86 |
| EPS, diluted | $2.93 | $2.40 | $2.43 | $3.16 | $3.10 | −$0.14 | $3.50 | $3.75 | $3.81 | $2.69 | $4.20 | $4.83 |
| Weighted average shares, basic | 94 | 94 | 95 | 95 | 95 | 97 | 98 | 98 | 98 | 98 | 98 | 99 |
| Weighted average shares, diluted | 94 | 95 | 95 | 95 | 95 | 97 | 98 | 98 | 98 | 98 | 99 | 99 |
| EBITDA | 861 | 837 | 907 | 947 | 963 | 624 | 993 | 1,039 | 1,064 | 1,077 | 1,121 | 1,231 |
| Depreciation & amortization | 463 | 463 | 526 | 489 | 496 | 498 | 479 | 499 | 537 | 551 | 544 | 557 |
| EBIT | 398 | 373 | 381 | 458 | 467 | 126 | 514 | 540 | 527 | 526 | 577 | 674 |
