Equinix Inc (EQIX) financials
Equinix revenue and earnings by year
Equinix's revenue was $9.22 billion in the fiscal year to December 31, 2025, up 5.4% from the year before. Net income was $1.35 billion, 14.6% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 11.0% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.22 | 8.75 | 8.19 | 7.26 | 6.64 | 6.00 | 5.56 | 5.07 | 4.37 | 3.61 |
| Revenue growth | 5.4% | 6.8% | 12.7% | 9.5% | 10.6% | 7.8% | 9.7% | 16.1% | 20.9% | — |
| Operating income | 1.85 | 1.33 | 1.44 | 1.15 | 1.06 | 1.05 | 1.17 | 0.98 | 0.81 | 0.62 |
| Operating margin | 20.0% | 15.2% | 17.6% | 15.8% | 15.9% | 17.6% | 21.0% | 19.3% | 18.5% | 17.1% |
| Net income | 1.35 | 0.82 | 0.97 | 0.71 | 0.50 | 0.37 | 0.51 | 0.37 | 0.23 | 0.13 |
| Net margin | 14.6% | 9.3% | 11.8% | 9.7% | 7.5% | 6.2% | 9.1% | 7.2% | 5.3% | 3.5% |
| Diluted EPS | $13.76 | $8.50 | $10.31 | $7.67 | $5.53 | $4.21 | $6.00 | $4.55 | $2.99 | $1.76 |
| Free cash flow | -1.39 | -0.15 | 0.05 | 0.44 | -0.41 | -0.17 | -0.26 | -0.46 | -0.03 | -0.12 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open EQIX in Markets.
How Equinix makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Colocation | $1.83B | 71.0% |
| Interconnection | $465M | 18.1% |
| Non Recurring Revenues | $129M | 5.0% |
| Managed Infrastructure | $108M | 4.2% |
| Other | $43.0M | 1.7% |
See also: EQIX valuation and P/E history · EQIX returns
No forecast, no recommendation. This page describes Equinix Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.