Equinix (EQIX) income statement
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
Equinix (EQIX) reported revenue of $2.57B for Q3 '26 (+11.0% year on year), operating income of $600M (23.3% of revenue) and net income of $489M. Over the last four quarters revenue was $10.1B.
Income statement
| Income statement | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.11B | $2.13B | $2.16B | $2.2B | $2.26B | $2.23B | $2.26B | $2.32B | $2.44B | $2.44B | $2.63B | $2.57B | |
| Cost of revenue | $1.09B | $1.09B | $1.08B | $1.1B | $1.2B | $1.08B | $1.08B | $1.14B | $1.2B | $1.19B | $1.23B | $1.26B | |
| Gross profit | $1.02B | $1.04B | $1.08B | $1.1B | $1.07B | $1.14B | $1.17B | $1.17B | $1.24B | $1.26B | $1.4B | $1.31B | |
| Sales & marketing | $218M | $226M | $219M | $237M | $209M | $229M | $221M | $219M | $234M | $241M | $239M | $233M | |
| General & administrative | $449M | $444M | $437M | $434M | $451M | $438M | $451M | $470M | $484M | $444M | $462M | $449M | |
| Other operating expenses | $5.85M | $2M | -$15M | $7M | $302M | $16M | $6M | $11M | $104M | -$4M | $29M | $32M | |
| Operating expenses | $672M | $672M | $641M | $678M | $962M | $683M | $678M | $700M | $822M | $681M | $730M | $714M | |
| Operating income | $346M | $364M | $436M | $425M | $103M | $458M | $494M | $474M | $422M | $577M | $665M | $600M | |
| Interest income | $28.2M | $24M | $29M | $35M | $49M | $47M | $52M | $53M | $41M | $41M | $36M | $46M | |
| Interest expense | $103M | $104M | $110M | $117M | $126M | $122M | $135M | $128M | $151M | $148M | $151M | $163M | |
| Other non-operating income (gains on investments, FX ...) | -$27.1M | -$17M | -$22M | -$42M | -$23M | -$56M | -$46M | -$53M | -$104M | $1M | -$9M | -$100M | |
| Total non-operating income | -$76.1M | -$87M | -$88M | -$75M | -$103M | -$66M | -$89M | -$75M | -$110M | -$106M | -$142M | -$63M | |
| Income before tax | $270M | $277M | $348M | $350M | $0 | $392M | $405M | $399M | $312M | $471M | $523M | $537M | |
| Income tax | $42.8M | $46M | $47M | $54M | $14M | $49M | $38M | $25M | $48M | $56M | $46M | $48M | |
| Net income | $228M | $231M | $301M | $297M | -$14M | $343M | $368M | $374M | $265M | $415M | $479M | $489M | |
| EPS (basic) | $2.41 | $2.44 | $3.16 | $3.11 | -$0.14 | $3.52 | $3.76 | $3.82 | $2.70 | $4.22 | $4.86 | $4.95 | |
| EPS (diluted) | $2.40 | $2.43 | $3.16 | $3.10 | -$0.14 | $3.50 | $3.75 | $3.81 | $2.69 | $4.20 | $4.83 | $4.93 | |
| Shares (basic, weighted) | 94.3M | 94.7M | 95.2M | 95.4M | 96.8M | 97.5M | 97.8M | 98M | 98.2M | 98.4M | 98.6M | 98.8M | |
| Shares (diluted, weighted) | 94.7M | 95.2M | 95.2M | 95.4M | 96.8M | 97.9M | 98.1M | 98.2M | 98.4M | 98.7M | 99.1M | 99.3M | |
| Depreciation & amortization | $463M | $526M | $489M | $496M | $498M | $480M | $499M | $537M | $551M | $544M | $557M | $548M | |
| EBITDA | $837M | $907M | $947M | $963M | $624M | $994M | $1.04B | $1.06B | $1.08B | $1.12B | $1.23B | $1.25B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.61B | $4.37B | $5.07B | $5.56B | $6B | $6.64B | $7.26B | $8.19B | $8.75B | $9.26B | |
| Cost of revenue | $1.82B | $2.19B | $2.61B | $2.81B | $3.07B | $3.47B | $3.75B | $4.23B | $4.47B | $4.51B | |
| Gross profit | $1.79B | $2.18B | $2.47B | $2.75B | $2.92B | $3.16B | $3.51B | $3.96B | $4.28B | $4.75B | |
| Sales & marketing | $439M | $582M | $634M | $651M | $718M | $741M | $787M | $856M | $891M | $903M | |
| General & administrative | $695M | $746M | $827M | $935M | $1.09B | $1.3B | $1.5B | $1.65B | $1.77B | $1.84B | |
| Other operating expenses | $39.1M | $38.6M | $28.4M | -$3.74M | $61.9M | $11.9M | $26M | $8M | $296M | $158M | |
| Operating expenses | $1.17B | $1.37B | $1.49B | $1.58B | $1.87B | $2.05B | $2.31B | $2.52B | $2.95B | $2.9B | |
| Operating income | $619M | $809M | $977M | $1.17B | $1.05B | $1.11B | $1.2B | $1.44B | $1.33B | $1.85B | |
| Interest income | $3.48M | $13.1M | $14.5M | $27.7M | $8.65M | $2.64M | $36M | $94M | $137M | $193M | |
| Interest expense | $392M | $479M | $521M | $480M | $406M | $336M | $356M | $402M | $457M | $569M | |
| Other non-operating income (gains on investments, FX ...) | $66.7M | $43.5M | $22.9M | -$2.65M | $130M | $163M | $15M | -$83M | -$104M | -$158M | |
| Total non-operating income | -$459M | -$522M | -$544M | -$477M | -$537M | -$499M | -$371M | -$319M | -$353M | -$340M | |
| Income before tax | $160M | $287M | $433M | $693M | $516M | $609M | $829M | $1.12B | $975M | $1.51B | |
| Income tax | $45.5M | $53.9M | $67.7M | $185M | $146M | $109M | $124M | $155M | $161M | $160M | |
| Net income | $127M | $233M | $365M | $507M | $370M | $500M | $704M | $969M | $815M | $1.35B | |
| EPS (basic) | $1.81 | $3.03 | $4.58 | $6.03 | $4.22 | $5.57 | $7.69 | $10.35 | $8.54 | $13.79 | |
| EPS (diluted) | $1.79 | $3.00 | $4.56 | $5.99 | $4.18 | $5.53 | $7.67 | $10.31 | $8.50 | $13.76 | |
| Shares (basic, weighted) | 70.1M | 76.9M | 79.8M | 84.1M | 87.7M | 89.8M | 91.6M | 93.6M | 95.5M | 97.9M | |
| Shares (diluted, weighted) | 70.8M | 77.5M | 80.2M | 84.7M | 88.4M | 90.4M | 91.8M | 94M | 95.8M | 98.1M | |
| Depreciation & amortization | $837M | $1.04B | $1.23B | $1.28B | $1.42B | $1.66B | $1.74B | $1.84B | $2.01B | $2.07B | |
| EBITDA | $1.39B | $1.81B | $2.18B | $2.46B | $2.35B | $2.6B | $2.92B | $3.37B | $3.44B | $4.07B |
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.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe 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