Equinix (EQIX) balance sheet
NASDAQ · Real Estate · REIT - Specialty · 13,716 employees · CEO Adaire Rita Fox-Martin
- Price
- $1,013.70 -2.22%
- Market cap
- $100B
- Enterprise value
- $124B
- Last report
- Q3 '26 filed 2026-10-28
- Next report
- 2027-02-10 EPS est. $4.20
At the end of Q3 '26 Equinix (EQIX) held $3.6B in cash and short-term investments against $26.4B of debt incl. leases. Total assets $44.4B, total liabilities $29.9B, shareholders' equity $14.5B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $2.1B | $1.53B | $1.99B | $2.78B | $3.08B | $2.95B | $3.66B | $2.08B | $1.73B | $1.36B | $979M | $2.36B | |
| Short-term investments | $0 | $0 | $0 | $451M | $527M | $723M | $872M | $854M | $1.5B | $1.69B | $1.25B | $1.24B | |
| Receivables | $1.3B | $1.08B | $1.12B | $1.12B | $1.38B | $1.09B | $1.14B | $1.14B | $1B | $1.11B | $1.26B | $1.2B | |
| Other current assets | $69M | $561M | $612M | $705M | $368M | $743M | $881M | $891M | $897M | $1.18B | $842M | $957M | |
| Current assets | $3.57B | $3.17B | $3.73B | $5.06B | $5.45B | $5.51B | $6.55B | $4.97B | $5.13B | $5.35B | $4.32B | $5.76B | |
| Property, plant & equipment (net) | $20.1B | $19.9B | $20B | $21.2B | $20.7B | $21.5B | $22.7B | $23.3B | $25.1B | $25.5B | $26.5B | $27.6B | |
| Long-term investments | $468M | $0 | $0 | $0 | $519M | $0 | $0 | $0 | $551M | $0 | $0 | $1.55B | |
| Goodwill | $5.74B | $5.62B | $5.62B | $5.77B | $5.5B | $5.63B | $5.98B | $5.95B | $5.98B | $5.93B | $5.91B | $5.87B | |
| Intangible assets | $1.71B | $1.62B | $1.57B | $1.54B | $1.42B | $1.39B | $1.39B | $1.33B | $1.32B | $1.26B | $1.2B | $1.15B | |
| Deferred tax assets | $62M | $0 | $0 | $0 | $48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other non-current assets | $1.06B | $1.62B | $1.94B | $1.92B | $1.48B | $2.06B | $2.24B | $2.48B | $2.03B | $2.69B | $3.12B | $2.52B | |
| Non-current assets | $29.1B | $28.8B | $29.1B | $30.4B | $29.6B | $30.6B | $32.3B | $33.1B | $35B | $35.6B | $36.8B | $38.7B | |
| Total assets | $32.7B | $31.9B | $32.9B | $35.4B | $35.1B | $36.1B | $38.8B | $38.1B | $40.1B | $40.9B | $41.1B | $44.4B | |
| Liabilities | |||||||||||||
| Accounts payable | $162M | $1.08B | $1.14B | $1.13B | $133M | $1.11B | $1.21B | $1.28B | $127M | $1.32B | $1.26B | $1.43B | |
| Accrued expenses | $824M | $321M | $420M | $394M | $830M | $422M | $378M | $482M | $1.08B | $703M | $0 | $0 | |
| Short-term debt | $1.01B | $1.01B | $1.01B | $2.2B | $1.2B | $1.2B | $1.91B | $716M | $1.32B | $1.88B | $1.18B | $1.67B | |
| Taxes payable | $161M | $0 | $0 | $0 | $196M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred revenue | $141M | $0 | $0 | $0 | $139M | $0 | $0 | $0 | $149M | $0 | $0 | $0 | |
| Other current liabilities | $586M | $186M | $230M | $297M | $498M | $245M | $368M | $280M | $646M | $304M | $323M | $343M | |
| Current liabilities | $3.16B | $2.89B | $3.07B | $4.37B | $3.35B | $3.33B | $4.24B | $3.07B | $3.89B | $4.54B | $3.82B | $4.45B | |
| Long-term debt | $12.7B | $12.6B | $13.3B | $13.1B | $14B | $14.6B | $16B | $16.5B | $17.6B | $17.7B | $18.5B | $21B | |
| Lease obligations (non-current) | $3.45B | $3.34B | $3.36B | $3.56B | $3.42B | $3.54B | $3.55B | $3.47B | $3.49B | $3.38B | $3.32B | $3.43B | |
| Deferred revenue (non-current) | $154M | $0 | $0 | $0 | $150M | $0 | $0 | $0 | $170M | $0 | $0 | $0 | |
| Deferred tax liabilities | $394M | $0 | $0 | $0 | $339M | $0 | $0 | $0 | $367M | $0 | $0 | $0 | |
| Other non-current liabilities | $248M | $752M | $787M | $822M | $271M | $744M | $932M | $861M | $446M | $968M | $1.01B | $1.04B | |
| Non-current liabilities | $17B | $16.7B | $17.5B | $17.5B | $18.2B | $18.8B | $20.5B | $20.8B | $22.1B | $22.1B | $22.9B | $25.4B | |
| Total liabilities | $20.1B | $19.6B | $20.6B | $21.8B | $21.5B | $22.2B | $24.7B | $23.9B | $26B | $26.6B | $26.7B | $29.9B | |
| Equity | |||||||||||||
| Retained earnings | -$4.76B | -$4.93B | -$5.05B | -$5.16B | -$5.59B | -$5.71B | -$5.81B | -$5.9B | -$6.1B | $6.51B | $7B | $7.48B | |
| Accumulated other comprehensive income | -$1.29B | -$1.5B | -$1.54B | -$1.28B | -$1.74B | -$1.56B | -$1.4B | -$1.42B | -$1.36B | -$1.34B | -$1.37B | -$1.39B | |
| Shareholders' equity | $12.5B | $12.3B | $12.3B | $13.6B | $13.5B | $13.9B | $14.1B | $14.2B | $14.2B | $14.3B | $14.4B | $14.5B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $17.5B | $17.3B | $18B | $19.2B | $19B | $19.7B | $21.9B | $21B | $22.7B | $23.3B | $23.4B | $26.4B | |
| Net debt (debt - cash) | $15.4B | $15.8B | $16B | $16.4B | $15.9B | $16.7B | $18.2B | $18.9B | $21B | $21.9B | $22.4B | $24B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $748M | $1.41B | $606M | $1.87B | $1.6B | $1.54B | $1.91B | $2.1B | $3.08B | $1.73B | |
| Short-term investments | $3.41M | $28.3M | $4.54M | $10.4M | $4.53M | $0 | $0 | $0 | $527M | $1.5B | |
| Receivables | $545M | $695M | $751M | $736M | $677M | $935M | $1.12B | $1.3B | $1.38B | $1B | |
| Other current assets | $91.3M | $48.4M | $83.8M | $248M | $262M | $421M | $205M | $69M | $368M | $897M | |
| Current assets | $1.47B | $2.25B | $1.52B | $2.87B | $2.61B | $2.96B | $3.31B | $3.57B | $5.45B | $5.13B | |
| Property, plant & equipment (net) | $7.2B | $9.39B | $11B | $13.6B | $16B | $16.7B | $18.1B | $20.1B | $20.7B | $25B | |
| Long-term investments | $10M | $9.24M | $10M | $59.7M | $163M | $245M | $348M | $468M | $519M | $551M | |
| Goodwill | $2.99B | $4.41B | $4.84B | $4.78B | $5.47B | $5.37B | $5.65B | $5.74B | $5.5B | $5.98B | |
| Intangible assets | $719M | $2.38B | $2.33B | $2.1B | $2.17B | $1.94B | $1.9B | $1.71B | $1.42B | $1.32B | |
| Deferred tax assets | $62.3M | $66M | $58.3M | $35.8M | $66.4M | $59.8M | $44.6M | $62M | $48M | $0 | |
| Other non-current assets | $164M | $176M | $465M | $485M | $547M | $621M | $983M | $1.06B | $1.48B | $2.19B | |
| Non-current assets | $11.1B | $16.4B | $18.7B | $21.1B | $24.4B | $25B | $27B | $29.1B | $29.6B | $35B | |
| Total assets | $12.6B | $18.7B | $20.2B | $24B | $27B | $27.9B | $30.3B | $32.7B | $35.1B | $40.1B | |
| Liabilities | |||||||||||
| Accounts payable | $60.2M | $102M | $97M | $52.2M | $77.7M | $84.1M | $116M | $162M | $133M | $127M | |
| Accrued expenses | $360M | $493M | $485M | $634M | $597M | $501M | $626M | $824M | $830M | $1.08B | |
| Short-term debt | $67.9M | $64.5M | $374M | $721M | $232M | $33.1M | $9.85M | $1.01B | $1.2B | $1.32B | |
| Taxes payable | $134M | $130M | $119M | $135M | $154M | $117M | $131M | $161M | $196M | $0 | |
| Deferred revenue | $94M | $104M | $93.6M | $92.9M | $118M | $126M | $148M | $141M | $139M | $149M | |
| Other current liabilities | $200M | $259M | $260M | $293M | $542M | $441M | $504M | $586M | $498M | $646M | |
| Current liabilities | $1.03B | $1.24B | $1.52B | $2.16B | $2.02B | $1.61B | $1.84B | $3.16B | $3.35B | $3.89B | |
| Long-term debt | $5.18B | $8.32B | $9.44B | $9.6B | $10.3B | $11.6B | $12.8B | $12.7B | $14B | $17.6B | |
| Lease obligations (non-current) | $1.41B | $1.62B | $1.44B | $2.75B | $3.09B | $3.1B | $3.42B | $3.45B | $3.42B | $3.49B | |
| Deferred revenue (non-current) | $104M | $132M | $9.67M | $9.31M | $1.09M | $1.53M | $160M | $154M | $150M | $170M | |
| Deferred tax liabilities | $274M | $252M | $248M | $247M | $290M | $340M | $383M | $394M | $339M | $367M | |
| Other non-current liabilities | $245M | $277M | $372M | $365M | $658M | $422M | $254M | $248M | $271M | $446M | |
| Non-current liabilities | $7.21B | $10.6B | $11.5B | $13B | $14.3B | $15.4B | $17B | $17B | $18.2B | $22.1B | |
| Total liabilities | $8.24B | $11.8B | $13B | $15.1B | $16.4B | $17B | $18.8B | $20.1B | $21.5B | $26B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $72K | $79K | $81K | $86K | $89K | $91K | $93K | $0 | $0 | $0 | |
| Retained earnings | -$1.95B | -$2.34B | -$2.44B | -$2.78B | -$3.36B | -$3.9B | -$4.35B | -$4.76B | -$5.59B | -$6.1B | |
| Accumulated other comprehensive income | -$949M | -$785M | -$946M | -$935M | -$913M | -$1.09B | -$1.39B | -$1.29B | -$1.74B | -$1.36B | |
| Shareholders' equity | $4.37B | $6.85B | $7.22B | $8.84B | $10.6B | $10.9B | $11.5B | $12.5B | $13.5B | $14.2B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $6.76B | $10.1B | $11.3B | $13.3B | $13.9B | $15B | $16.5B | $17.5B | $19B | $22.7B | |
| Net debt (debt - cash) | $6.01B | $8.67B | $10.7B | $11.4B | $12.3B | $13.5B | $14.6B | $15.4B | $15.9B | $21B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01