Equinix (EQIX) Financials & Stock Analysis

Equinix

NASDAQ: EQIX · USD

Revenue

USD millions

$2,625M

Equinix Revenue. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
Period	Revenue
FY 2010 Q2	$296.094M; Change unavailable vs FY 2010 Q1
FY 2010 Q3	$330.347M; +11.6% vs FY 2010 Q2
FY 2010 Q4	$345.244M; +4.5% vs FY 2010 Q3
FY 2011 Q1	$363.029M; +5.2% vs FY 2010 Q4
FY 2011 Q2	$394.9M; +8.8% vs FY 2011 Q1
FY 2011 Q3	$417.601M; +5.7% vs FY 2011 Q2
FY 2011 Q4	$431.312M; +3.3% vs FY 2011 Q3
FY 2012 Q1	$452.2M; +4.8% vs FY 2011 Q4
FY 2012 Q2	$466.264M; +3.1% vs FY 2012 Q1
FY 2012 Q3	$488.73M; +4.8% vs FY 2012 Q2
FY 2012 Q4	$506.52M; +3.6% vs FY 2012 Q3
FY 2013 Q1	$519.455M; +2.6% vs FY 2012 Q4
FY 2013 Q2	$525.669M; +1.2% vs FY 2013 Q1
FY 2013 Q3	$543.084M; +3.3% vs FY 2013 Q2
FY 2013 Q4	$564.677M; +4.0% vs FY 2013 Q3
FY 2014 Q1	$580.053M; +2.7% vs FY 2013 Q4
FY 2014 Q2	$605.161M; +4.3% vs FY 2014 Q1
FY 2014 Q3	$620.441M; +2.5% vs FY 2014 Q2
FY 2014 Q4	$638.121M; +2.8% vs FY 2014 Q3
FY 2015 Q1	$643.174M; +0.8% vs FY 2014 Q4
FY 2015 Q2	$665.582M; +3.5% vs FY 2015 Q1
FY 2015 Q3	$686.649M; +3.2% vs FY 2015 Q2
FY 2015 Q4	$730.462M; +6.4% vs FY 2015 Q3
FY 2016 Q1	$844.156M; +15.6% vs FY 2015 Q4
FY 2016 Q2	$900.51M; +6.7% vs FY 2016 Q1
FY 2016 Q3	$924.676M; +2.7% vs FY 2016 Q2
FY 2016 Q4	$942.647M; +1.9% vs FY 2016 Q3
FY 2017 Q1	$949.525M; +0.7% vs FY 2016 Q4
FY 2017 Q2	$1,066.421M; +12.3% vs FY 2017 Q1
FY 2017 Q3	$1,152.261M; +8.0% vs FY 2017 Q2
FY 2017 Q4	$1,200.221M; +4.2% vs FY 2017 Q3
FY 2018 Q1	$1,215.877M; +1.3% vs FY 2017 Q4
FY 2018 Q2	$1,261.943M; +3.8% vs FY 2018 Q1
FY 2018 Q3	$1,283.751M; +1.7% vs FY 2018 Q2
FY 2018 Q4	$1,310.083M; +2.1% vs FY 2018 Q3
FY 2019 Q1	$1,363.218M; +4.1% vs FY 2018 Q4
FY 2019 Q2	$1,384.977M; +1.6% vs FY 2019 Q1
FY 2019 Q3	$1,396.81M; +0.9% vs FY 2019 Q2
FY 2019 Q4	$1,417.135M; +1.5% vs FY 2019 Q3
FY 2020 Q1	$1,444.542M; +1.9% vs FY 2019 Q4
FY 2020 Q2	$1,470.121M; +1.8% vs FY 2020 Q1
FY 2020 Q3	$1,519.767M; +3.4% vs FY 2020 Q2
FY 2020 Q4	$1,564.115M; +2.9% vs FY 2020 Q3
FY 2021 Q1	$1,596.064M; +2.0% vs FY 2020 Q4
FY 2021 Q2	$1,657.919M; +3.9% vs FY 2021 Q1
FY 2021 Q3	$1,675.176M; +1.0% vs FY 2021 Q2
FY 2021 Q4	$1,706.378M; +1.9% vs FY 2021 Q3
FY 2022 Q1	$1,734.447M; +1.6% vs FY 2021 Q4
FY 2022 Q2	$1,817.154M; +4.8% vs FY 2022 Q1
FY 2022 Q3	$1,840.659M; +1.3% vs FY 2022 Q2
FY 2022 Q4	$1,870.845M; +1.6% vs FY 2022 Q3
FY 2023 Q1	$1,998.209M; +6.8% vs FY 2022 Q4
FY 2023 Q2	$2,018.408M; +1.0% vs FY 2023 Q1
FY 2023 Q3	$2,061.03M; +2.1% vs FY 2023 Q2
FY 2023 Q4	$2,110.489M; +2.4% vs FY 2023 Q3
FY 2024 Q1	$2,127M; +0.8% vs FY 2023 Q4
FY 2024 Q2	$2,159M; +1.5% vs FY 2024 Q1
FY 2024 Q3	$2,201M; +1.9% vs FY 2024 Q2
FY 2024 Q4	$2,261M; +2.7% vs FY 2024 Q3
FY 2025 Q1	$2,225M; −1.6% vs FY 2024 Q4
FY 2025 Q2	$2,256M; +1.4% vs FY 2025 Q1
FY 2025 Q3	$2,316M; +2.7% vs FY 2025 Q2
FY 2025 Q4	$2,420M; +4.5% vs FY 2025 Q3
FY 2026 Q1	$2,444M; +1.0% vs FY 2025 Q4
FY 2026 Q2	$2,625M; +7.4% vs FY 2026 Q1

Free cash flow

USD millions

—

Equinix Free cash flow. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
Period	Free cash flow
FY 2010 Q2	Unavailable; Change unavailable vs FY 2010 Q1
FY 2010 Q3	$-30.678M; Change unavailable vs FY 2010 Q2
FY 2010 Q4	$-298.294M; −872.3% vs FY 2010 Q3
FY 2011 Q1	$102.819M; +134.5% vs FY 2010 Q4
FY 2011 Q2	$-208.691M; −303.0% vs FY 2011 Q1
FY 2011 Q3	$10.345M; +105.0% vs FY 2011 Q2
FY 2011 Q4	$183.548M; +1674.3% vs FY 2011 Q3
FY 2012 Q1	$-19.497M; −110.6% vs FY 2011 Q4
FY 2012 Q2	$-1.702M; +91.3% vs FY 2012 Q1
FY 2012 Q3	$-109.966M; −6361.0% vs FY 2012 Q2
FY 2012 Q4	$-593.371M; −439.6% vs FY 2012 Q3
FY 2013 Q1	$8.514M; +101.4% vs FY 2012 Q4
FY 2013 Q2	$24.296M; +185.4% vs FY 2013 Q1
FY 2013 Q3	$35.527M; +46.2% vs FY 2013 Q2
FY 2013 Q4	$-203.457M; −672.7% vs FY 2013 Q3
FY 2014 Q1	$65.811M; +132.3% vs FY 2013 Q4
FY 2014 Q2	$-60.852M; −192.5% vs FY 2014 Q1
FY 2014 Q3	$60.438M; +199.3% vs FY 2014 Q2
FY 2014 Q4	Unavailable; Change unavailable vs FY 2014 Q3
FY 2015 Q1	$34.162M; Change unavailable vs FY 2014 Q4
FY 2015 Q2	$-8.879M; −126.0% vs FY 2015 Q1
FY 2015 Q3	$-1.645M; +81.5% vs FY 2015 Q2
FY 2015 Q4	$3.036M; +284.6% vs FY 2015 Q3
FY 2016 Q1	$-93.43M; −3177.4% vs FY 2015 Q4
FY 2016 Q2	$28.961M; +131.0% vs FY 2016 Q1
FY 2016 Q3	$54.695M; +88.9% vs FY 2016 Q2
FY 2016 Q4	Unavailable; Change unavailable vs FY 2016 Q3
FY 2017 Q1	$-29.871M; Change unavailable vs FY 2016 Q4
FY 2017 Q2	$-42.099M; −40.9% vs FY 2017 Q1
FY 2017 Q3	$70.276M; +266.9% vs FY 2017 Q2
FY 2017 Q4	Unavailable; Change unavailable vs FY 2017 Q3
FY 2018 Q1	$-48.822M; Change unavailable vs FY 2017 Q4
FY 2018 Q2	$18.489M; +137.9% vs FY 2018 Q1
FY 2018 Q3	$-128.379M; −794.4% vs FY 2018 Q2
FY 2018 Q4	$-122.036M; +4.9% vs FY 2018 Q3
FY 2019 Q1	$57.174M; +146.9% vs FY 2018 Q4
FY 2019 Q2	$98.752M; +72.7% vs FY 2019 Q1
FY 2019 Q3	$-57.828M; −158.6% vs FY 2019 Q2
FY 2019 Q4	$-184.891M; −219.7% vs FY 2019 Q3
FY 2020 Q1	$115.889M; +162.7% vs FY 2019 Q4
FY 2020 Q2	$92.738M; −20.0% vs FY 2020 Q1
FY 2020 Q3	$-33.123M; −135.7% vs FY 2020 Q2
FY 2020 Q4	$-148.182M; −347.4% vs FY 2020 Q3
FY 2021 Q1	$-172.44M; −16.4% vs FY 2020 Q4
FY 2021 Q2	$-93.035M; +46.0% vs FY 2021 Q1
FY 2021 Q3	$-13.531M; +85.5% vs FY 2021 Q2
FY 2021 Q4	$74.7M; +652.1% vs FY 2021 Q3
FY 2022 Q1	$168.605M; +125.7% vs FY 2021 Q4
FY 2022 Q2	$316.751M; +87.9% vs FY 2022 Q1
FY 2022 Q3	$267.56M; −15.5% vs FY 2022 Q2
FY 2022 Q4	$-67.738M; −125.3% vs FY 2022 Q3
FY 2023 Q1	$161.808M; +338.9% vs FY 2022 Q4
FY 2023 Q2	$103.139M; −36.3% vs FY 2023 Q1
FY 2023 Q3	$167.636M; +62.5% vs FY 2023 Q2
FY 2023 Q4	$2.994M; −98.2% vs FY 2023 Q3
FY 2024 Q1	$-109M; −3740.6% vs FY 2023 Q4
FY 2024 Q2	$264M; +342.2% vs FY 2024 Q1
FY 2024 Q3	$34M; −87.1% vs FY 2024 Q2
FY 2024 Q4	$-6M; −117.6% vs FY 2024 Q3
FY 2025 Q1	$59M; +1083.3% vs FY 2024 Q4
FY 2025 Q2	$-45M; −176.3% vs FY 2025 Q1
FY 2025 Q3	$-122M; −171.1% vs FY 2025 Q2
FY 2025 Q4	$-292M; −139.3% vs FY 2025 Q3
FY 2026 Q1	$-539M; −84.6% vs FY 2025 Q4
FY 2026 Q2	Unavailable; Change unavailable vs FY 2026 Q1

Net margin

18.25%

Equinix Net margin. Reported fiscal history.
Fiscal period	%
FY 2010 Q2	-0.77%
FY 2010 Q3	3.39%
FY 2010 Q4	3.99%
FY 2011 Q1	6.93%
FY 2011 Q2	7.78%
FY 2011 Q3	4.87%
FY 2011 Q4	4.13%
FY 2012 Q1	7.63%
FY 2012 Q2	7.82%
FY 2012 Q3	5.9%
FY 2012 Q4	8.86%
FY 2013 Q1	6.91%
FY 2013 Q2	-5.45%
FY 2013 Q3	7.82%
FY 2013 Q4	8%
FY 2014 Q1	7.14%
FY 2014 Q2	1.87%
FY 2014 Q3	6.9%
FY 2014 Q4	-55.65%
FY 2015 Q1	11.89%
FY 2015 Q2	8.93%
FY 2015 Q3	5.99%
FY 2015 Q4	1.47%
FY 2016 Q1	-3.69%
FY 2016 Q2	4.97%
FY 2016 Q3	5.56%
FY 2016 Q4	6.55%
FY 2017 Q1	4.43%
FY 2017 Q2	4.3%
FY 2017 Q3	6.93%
FY 2017 Q4	5.43%
FY 2018 Q1	5.17%
FY 2018 Q2	5.36%
FY 2018 Q3	9.72%
FY 2018 Q4	8.4%
FY 2019 Q1	8.66%
FY 2019 Q2	10.36%
FY 2019 Q3	8.65%
FY 2019 Q4	8.82%
FY 2020 Q1	8.22%
FY 2020 Q2	9.07%
FY 2020 Q3	4.39%
FY 2020 Q4	3.26%
FY 2021 Q1	9.8%
FY 2021 Q2	4.12%
FY 2021 Q3	9.09%
FY 2021 Q4	7.22%
FY 2022 Q1	8.5%
FY 2022 Q2	11.9%
FY 2022 Q3	11.51%
FY 2022 Q4	6.88%
FY 2023 Q1	12.95%
FY 2023 Q2	10.26%
FY 2023 Q3	13.38%
FY 2023 Q4	10.78%
FY 2024 Q1	10.86%
FY 2024 Q2	13.94%
FY 2024 Q3	13.49%
FY 2024 Q4	-0.62%
FY 2025 Q1	15.42%
FY 2025 Q2	16.31%
FY 2025 Q3	16.15%
FY 2025 Q4	10.95%
FY 2026 Q1	16.98%
FY 2026 Q2	18.25%

P/E

× · TTM · Daily

65.19×

Equinix P/E. Monthly closing observations; inspect daily values with the chart arrow keys.
Close date	× · TTM · Daily	Financials through
2013-02-28	76.17×	2012-12-31
2013-03-28	77.89×	2012-12-31
2013-04-30	77.09×	2012-12-31
2013-05-31	72.96×	2012-12-31
2013-06-28	66.51×	2012-12-31
2013-07-31	64.58×	2012-12-31
2013-08-30	62.56×	2012-12-31
2013-09-30	66.13×	2012-12-31
2013-10-31	58.06×	2012-12-31
2013-11-29	91.06×	2013-09-30
2013-12-31	100.56×	2013-09-30
2014-01-31	104.95×	2013-09-30
2014-02-28	107.65×	2013-09-30
2014-03-31	98.22×	2013-12-31
2014-04-30	99.79×	2013-12-31
2014-05-30	105.7×	2014-03-31
2014-06-30	111.73×	2014-03-31
2014-07-31	114.08×	2014-03-31
2014-08-29	80.31×	2014-06-30
2014-09-30	78.18×	2014-06-30
2014-10-31	76.87×	2014-06-30
2014-11-28	89.16×	2014-09-30
2014-12-31	88.99×	2014-09-30
2015-01-30	85.11×	2014-09-30
2015-02-27	87.98×	2014-09-30
2015-03-31	—	2014-12-31
2015-04-30	—	2014-12-31
2015-05-29	—	2015-03-31
2015-06-30	—	2015-03-31
2015-07-31	—	2015-03-31
2015-08-31	—	2015-03-31
2015-09-30	—	2015-03-31
2015-10-30	—	2015-03-31
2015-11-30	—	2015-03-31
2015-12-31	—	2015-03-31
2016-01-29	—	2015-03-31
2016-02-29	99.2×	2015-12-31
2016-03-31	108.03×	2015-12-31
2016-04-29	107.91×	2015-12-31
2016-05-31	118.25×	2015-12-31
2016-06-30	126.65×	2015-12-31
2016-07-29	121.8×	2015-12-31
2016-08-31	120.42×	2015-12-31
2016-09-30	117.68×	2015-12-31
2016-10-31	116.71×	2015-12-31
2016-11-30	110.66×	2015-12-31
2016-12-30	116.75×	2015-12-31
2017-01-31	125.76×	2015-12-31
2017-02-28	213.8×	2016-12-31
2017-03-31	227.62×	2016-12-31
2017-04-28	237.47×	2016-12-31
2017-05-31	250.72×	2016-12-31
2017-06-30	243.98×	2016-12-31
2017-07-31	256.25×	2016-12-31
2017-08-31	182.89×	2017-06-30
2017-09-29	174.26×	2017-06-30
2017-10-31	180.98×	2017-06-30
2017-11-30	159.31×	2017-09-30
2017-12-29	155.44×	2017-09-30
2018-01-31	156.12×	2017-09-30
2018-02-28	133.42×	2017-12-31
2018-03-29	142.28×	2017-12-31
2018-04-30	143.18×	2017-12-31
2018-05-31	124.53×	2018-03-31
2018-06-29	134.9×	2018-03-31
2018-07-31	137.85×	2018-03-31
2018-08-31	126.19×	2018-06-30
2018-09-28	125.26×	2018-06-30
2018-10-31	109.59×	2018-06-30
2018-11-30	96.49×	2018-09-30
2018-12-31	88.3×	2018-09-30
2019-01-31	98.68×	2018-09-30
2019-02-28	93.79×	2018-12-31
2019-03-29	100.36×	2018-12-31
2019-04-30	100.7×	2018-12-31
2019-05-31	107.58×	2018-12-31
2019-06-28	111.68×	2018-12-31
2019-07-31	111.19×	2018-12-31
2019-08-30	123.19×	2018-12-31
2019-09-30	127.74×	2018-12-31
2019-10-31	125.52×	2018-12-31
2019-11-29	98.49×	2019-09-30
2019-12-31	101.42×	2019-09-30
2020-01-31	102.47×	2019-09-30
2020-02-28	99.53×	2019-09-30
2020-03-31	108.52×	2019-09-30
2020-04-30	117.32×	2019-09-30
2020-05-29	121.22×	2019-09-30
2020-06-30	122.03×	2019-09-30
2020-07-31	136.48×	2019-09-30
2020-08-31	137.23×	2019-09-30
2020-09-30	132.08×	2019-09-30
2020-10-30	127.06×	2019-09-30
2020-11-30	121.25×	2019-09-30
2020-12-31	124.09×	2019-09-30
2021-01-29	128.57×	2019-09-30
2021-02-26	112.65×	2019-09-30
2021-03-31	118.08×	2019-09-30
2021-04-30	125.24×	2019-09-30
2021-05-28	128.01×	2019-09-30
2021-06-30	139.46×	2019-09-30
2021-07-30	142.55×	2019-09-30
2021-08-31	146.55×	2019-09-30
2021-09-30	137.29×	2019-09-30
2021-10-29	145.45×	2019-09-30
2021-11-30	141.12×	2019-09-30
2021-12-31	146.97×	2019-09-30
2022-01-31	125.96×	2019-09-30
2022-02-28	129.15×	2021-12-31
2022-03-31	134.96×	2021-12-31
2022-04-29	130.86×	2021-12-31
2022-05-31	127.5×	2022-03-31
2022-06-30	121.92×	2022-03-31
2022-07-29	130.59×	2022-03-31
2022-08-31	93.85×	2022-06-30
2022-09-30	81.21×	2022-06-30
2022-10-31	80.87×	2022-06-30
2022-11-30	91.05×	2022-09-30
2022-12-30	86.36×	2022-09-30
2023-01-31	97.31×	2022-09-30
2023-02-28	90.63×	2022-12-31
2023-03-31	94.94×	2022-12-31
2023-04-28	95.34×	2022-12-31
2023-05-31	85.32×	2023-03-31
2023-06-30	89.71×	2023-03-31
2023-07-31	92.68×	2023-03-31
2023-08-31	90.95×	2023-06-30
2023-09-29	84.53×	2023-06-30
2023-10-31	78.94×	2023-09-30
2023-11-30	88.18×	2023-09-30
2023-12-29	87.14×	2023-09-30
2024-01-31	89.78×	2023-09-30
2024-02-29	96.16×	2023-09-30
2024-03-28	89.29×	2023-09-30
2024-04-30	76.94×	2023-09-30
2024-05-31	82.55×	2023-09-30
2024-06-28	81.86×	2023-09-30
2024-07-31	85.5×	2023-09-30
2024-08-30	90.27×	2023-09-30
2024-09-30	96.04×	2023-09-30
2024-10-31	98.25×	2023-09-30
2024-11-29	106.19×	2023-09-30
2024-12-31	102.01×	2023-09-30
2025-01-31	98.85×	2023-09-30
2025-02-28	107.94×	2024-12-31
2025-03-31	97.29×	2024-12-31
2025-04-30	102.71×	2024-12-31
2025-05-30	93.86×	2025-03-31
2025-06-30	84×	2025-03-31
2025-07-31	77.45×	2025-06-30
2025-08-29	77.55×	2025-06-30
2025-09-30	77.26×	2025-06-30
2025-10-31	77.55×	2025-09-30
2025-11-28	69.05×	2025-09-30
2025-12-31	70.23×	2025-09-30
2026-01-30	75.25×	2025-09-30
2026-02-27	71×	2025-12-31
2026-03-31	71.43×	2025-12-31
2026-04-30	75.18×	2026-03-31
2026-05-29	74.15×	2026-03-31
2026-06-30	72.37×	2026-03-31
2026-07-31	65.91×	2026-06-30
2026-08-31	67.69×	2026-06-30
2026-09-25	65.19×	2026-06-30

ROIC

% · Annual / TTM

6.21%

Equinix ROIC. Reported fiscal history.
Fiscal period	% · Annual / TTM
FY 2010 Q2	—
FY 2010 Q3	—
FY 2010 Q4	—
FY 2011 Q1	—
FY 2011 Q2	—
FY 2011 Q3	—
FY 2011 Q4	—
FY 2012 Q1	—
FY 2012 Q2	6.65%
FY 2012 Q3	5.81%
FY 2012 Q4	6.17%
FY 2013 Q1	5.86%
FY 2013 Q2	6.54%
FY 2013 Q3	6.63%
FY 2013 Q4	7.89%
FY 2014 Q1	—
FY 2014 Q2	8.16%
FY 2014 Q3	7.5%
FY 2014 Q4	—
FY 2015 Q1	—
FY 2015 Q2	—
FY 2015 Q3	—
FY 2015 Q4	9.24%
FY 2016 Q1	6.52%
FY 2016 Q2	5.83%
FY 2016 Q3	6%
FY 2016 Q4	6.03%
FY 2017 Q1	5.2%
FY 2017 Q2	4.67%
FY 2017 Q3	5.69%
FY 2017 Q4	5.76%
FY 2018 Q1	5.94%
FY 2018 Q2	5.15%
FY 2018 Q3	5.19%
FY 2018 Q4	5.42%
FY 2019 Q1	5.41%
FY 2019 Q2	5.33%
FY 2019 Q3	5.04%
FY 2019 Q4	5.06%
FY 2020 Q1	4.98%
FY 2020 Q2	4.85%
FY 2020 Q3	4.87%
FY 2020 Q4	4.08%
FY 2021 Q1	4.26%
FY 2021 Q2	4.52%
FY 2021 Q3	4.39%
FY 2021 Q4	4.47%
FY 2022 Q1	4.29%
FY 2022 Q2	4.35%
FY 2022 Q3	4.72%
FY 2022 Q4	4.68%
FY 2023 Q1	5.08%
FY 2023 Q2	4.88%
FY 2023 Q3	5.21%
FY 2023 Q4	5.33%
FY 2024 Q1	5.2%
FY 2024 Q2	5.54%
FY 2024 Q3	5.39%
FY 2024 Q4	4.43%
FY 2025 Q1	4.71%
FY 2025 Q2	4.81%
FY 2025 Q3	4.92%
FY 2025 Q4	—
FY 2026 Q1	5.91%
FY 2026 Q2	6.21%

Capital allocation

% of tracked cash uses

$510M

Equinix capital allocation. Quarterly values. Missing values are unavailable.
Period	Capex	Acquisitions	Buybacks	Dividends	Debt repayments	Tracked uses
FY 2010 Q2	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable
FY 2010 Q3	100% · $143.941M	Unavailable	Unavailable	Unavailable	Unavailable	100% · $143.941M
FY 2010 Q4	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable
FY 2011 Q1	100% · $14.951M	Unavailable	Unavailable	Unavailable	Unavailable	100% · $14.951M
FY 2011 Q2	89.27% · $349.039M	10.73% · $41.954M	Unavailable	Unavailable	Unavailable	100% · $390.993M
FY 2011 Q3	100% · $131.525M	0% · $0M	Unavailable	Unavailable	Unavailable	100% · $131.525M
FY 2011 Q4	100% · $4.073M	Unavailable	Unavailable	Unavailable	Unavailable	100% · $4.073M
FY 2012 Q1	64.38% · $145.49M	Unavailable	5.91% · $13.364M	Unavailable	29.71% · $67.129M	100% · $225.983M
FY 2012 Q2	95.08% · $196.484M	Unavailable	0% · $0M	Unavailable	4.92% · $10.17M	100% · $206.654M
FY 2012 Q3	47.07% · $212.118M	Unavailable	0% · $0M	Unavailable	52.93% · $238.48M	100% · $450.598M
FY 2012 Q4	Unavailable	Unavailable	0% · $0M	Unavailable	100% · $13.332M	100% · $13.332M
FY 2013 Q1	84.34% · $75.667M	Unavailable	Unavailable	Unavailable	15.66% · $14.052M	100% · $89.719M
FY 2013 Q2	87.14% · $122.863M	Unavailable	Unavailable	Unavailable	12.86% · $18.139M	100% · $141.002M
FY 2013 Q3	94.42% · $171.035M	Unavailable	Unavailable	Unavailable	5.58% · $10.113M	100% · $181.148M
FY 2013 Q4	Unavailable	Unavailable	Unavailable	Unavailable	100% · $10.196M	100% · $10.196M
FY 2014 Q1	64.84% · $105.907M	Unavailable	28.85% · $47.12M	Unavailable	6.32% · $10.317M	100% · $163.344M
FY 2014 Q2	41.53% · $159.816M	Unavailable	54.11% · $208.263M	Unavailable	4.36% · $16.777M	100% · $384.856M
FY 2014 Q3	74.64% · $156.003M	Unavailable	20.37% · $42.575M	Unavailable	4.98% · $10.416M	100% · $208.994M
FY 2014 Q4	67.28% · $238.477M	Unavailable	0% · $0M	Unavailable	32.72% · $115.963M	100% · $354.44M
FY 2015 Q1	62.3% · $198.649M	3.21% · $10.247M	Unavailable	30.3% · $96.619M	4.19% · $13.361M	100% · $318.876M
FY 2015 Q2	26.9% · $221.342M	0% · $0M	Unavailable	11.71% · $96.349M	61.4% · $505.268M	100% · $822.959M
FY 2015 Q3	66.5% · $216.046M	0% · $0M	Unavailable	30.18% · $98.041M	3.33% · $10.818M	100% · $324.905M
FY 2015 Q4	26.26% · $232.082M	26.63% · $235.306M	Unavailable	26.08% · $230.452M	21.03% · $185.823M	100% · $883.663M
FY 2016 Q1	6.91% · $197.7M	55.99% · $1,601.627M	Unavailable	4.36% · $124.836M	32.73% · $936.353M	100% · $2,860.516M
FY 2016 Q2	61.17% · $249.867M	0% · $0M	Unavailable	29.83% · $121.858M	9% · $36.758M	100% · $408.483M
FY 2016 Q3	47.68% · $279.477M	28.3% · $165.901M	Unavailable	21.74% · $127.457M	2.28% · $13.354M	100% · $586.189M
FY 2016 Q4	Unavailable	Unavailable	Unavailable	20.83% · $125.312M	79.17% · $476.423M	100% · $601.735M
FY 2017 Q1	57.41% · $277.242M	7.46% · $36.041M	Unavailable	30.67% · $148.083M	4.45% · $21.51M	100% · $482.876M
FY 2017 Q2	8.46% · $348.572M	87.24% · $3,593.613M	Unavailable	3.79% · $156.3M	0.5% · $20.795M	100% · $4,119.28M
FY 2017 Q3	63.93% · $320.234M	Unavailable	Unavailable	31.84% · $159.5M	4.23% · $21.215M	100% · $500.949M
FY 2017 Q4	Unavailable	12.37% · $334.754M	Unavailable	5.82% · $157.583M	81.81% · $2,214.278M	100% · $2,706.615M
FY 2018 Q1	64.37% · $349.729M	0% · $0M	Unavailable	34.42% · $186.999M	1.21% · $6.599M	100% · $543.327M
FY 2018 Q2	33.52% · $520.239M	53.55% · $830.993M	Unavailable	11.72% · $181.8M	1.21% · $18.816M	100% · $1,551.848M
FY 2018 Q3	48.04% · $545.541M	Unavailable	Unavailable	16.38% · $186M	35.58% · $404.083M	100% · $1,135.624M
FY 2018 Q4	77.09% · $680.665M	0.06% · $0.502M	Unavailable	20.82% · $183.858M	2.04% · $17.975M	100% · $883M
FY 2019 Q1	62.01% · $363.967M	0% · $0M	Unavailable	34.86% · $204.603M	3.12% · $18.334M	100% · $586.904M
FY 2019 Q2	63.04% · $444.171M	4.85% · $34.143M	Unavailable	29.58% · $208.449M	2.54% · $17.878M	100% · $704.641M
FY 2019 Q3	70.74% · $556.822M	0% · $0M	Unavailable	27.03% · $212.752M	2.23% · $17.584M	100% · $787.158M
FY 2019 Q4	75.67% · $714.561M	0% · $0M	Unavailable	22.28% · $210.36M	2.06% · $19.431M	100% · $944.352M
FY 2020 Q1	36.03% · $400.941M	42.98% · $478.287M	Unavailable	20.98% · $233.479M	Unavailable	100% · $1,112.707M
FY 2020 Q2	67.13% · $481.948M	Unavailable	Unavailable	32.87% · $236.008M	Unavailable	100% · $717.956M
FY 2020 Q3	70.14% · $565.285M	0% · $0M	Unavailable	29.86% · $240.69M	Unavailable	100% · $805.975M
FY 2020 Q4	47.03% · $834.33M	39.57% · $702.024M	Unavailable	13.4% · $237.756M	Unavailable	100% · $1,774.11M
FY 2021 Q1	68.18% · $563.598M	0% · $0M	Unavailable	31.82% · $263.039M	Unavailable	100% · $826.637M
FY 2021 Q2	72.84% · $692.232M	0% · $0M	Unavailable	27.16% · $258.053M	Unavailable	100% · $950.285M
FY 2021 Q3	61.71% · $678.277M	14.42% · $158.498M	Unavailable	23.87% · $262.362M	Unavailable	100% · $1,099.137M
FY 2021 Q4	75.91% · $817.405M	0% · $0M	Unavailable	24.09% · $259.455M	Unavailable	100% · $1,076.86M
FY 2022 Q1	58.75% · $412.518M	Unavailable	Unavailable	41.25% · $289.669M	Unavailable	100% · $702.187M
FY 2022 Q2	63.14% · $484.83M	Unavailable	Unavailable	36.86% · $283.048M	Unavailable	100% · $767.878M
FY 2022 Q3	59.8% · $552.729M	8.69% · $80.342M	Unavailable	31.5% · $291.169M	Unavailable	100% · $924.24M
FY 2022 Q4	74.22% · $827.927M	0% · $0M	Unavailable	25.78% · $287.573M	Unavailable	100% · $1,115.5M
FY 2023 Q1	61.89% · $529.6M	Unavailable	Unavailable	38.11% · $326.162M	Unavailable	100% · $855.762M
FY 2023 Q2	66.59% · $638.159M	Unavailable	Unavailable	33.41% · $320.243M	Unavailable	100% · $958.402M
FY 2023 Q3	65.55% · $617.539M	0% · $0M	Unavailable	34.45% · $324.587M	Unavailable	100% · $942.126M
FY 2023 Q4	71.18% · $995.72M	0% · $0M	Unavailable	28.82% · $403.176M	Unavailable	100% · $1,398.896M
FY 2024 Q1	63.18% · $707M	Unavailable	Unavailable	36.82% · $412M	Unavailable	100% · $1,119M
FY 2024 Q2	61.54% · $648M	Unavailable	Unavailable	38.46% · $405M	Unavailable	100% · $1,053M
FY 2024 Q3	63.68% · $724M	0% · $0M	Unavailable	36.32% · $413M	Unavailable	100% · $1,137M
FY 2024 Q4	70.5% · $987M	0% · $0M	Unavailable	29.5% · $413M	Unavailable	100% · $1,400M
FY 2025 Q1	61.58% · $750M	Unavailable	Unavailable	38.42% · $468M	Unavailable	100% · $1,218M
FY 2025 Q2	68.25% · $989M	Unavailable	Unavailable	31.75% · $460M	Unavailable	100% · $1,449M
FY 2025 Q3	70.87% · $1,136M	0% · $0M	Unavailable	29.13% · $467M	Unavailable	100% · $1,603M
FY 2025 Q4	73.04% · $1,436M	3.51% · $69M	Unavailable	23.45% · $461M	Unavailable	100% · $1,966M
FY 2026 Q1	70.76% · $1,256M	Unavailable	Unavailable	29.24% · $519M	Unavailable	100% · $1,775M
FY 2026 Q2	Unavailable	Unavailable	Unavailable	100% · $510M	Unavailable	100% · $510M

Sources and calculations

Company filings · USD · Last checked 2026-10-18. Missing inputs remain unavailable. Your chart selection and layout are saved in this browser for Equinix.

All charts share the selected dates. Quarterly/Yearly changes fiscal charts; valuation keeps completed daily closes on a published TTM basis. Later restatements can delay that basis. Historical mean, median and pricing labels use the selected range and do not estimate intrinsic fair value.

SBC deduction is an optional economic-cost scenario for FCF-based metrics. Missing SBC never becomes zero.

Revenue: Reported revenue from company filings.
Free cash flow: Operating cash flow − reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Reflects the SBC option and can differ from issuer-defined FCF.
Net margin: Reported net income / revenue × 100.
P/E: Completed closing price × diluted shares / TTM earnings attributable to common shareholders.
ROIC: NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
Capital allocation: Reported cash uses as a percentage of tracked uses. Missing categories remain unavailable; SBC is noncash and excluded.

Reported revenue and sources

Equinix financials