Equinix, Inc. Common Stock REIT financials
$1,015.27+0.42%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.63B | $2.44B | $2.42B | $2.32B | $2.26B | $2.23B | $2.26B | $2.20B | $2.16B | $2.13B | $2.11B | $2.06B |
| Gross profit | $1.40B | $1.26B | $1.22B | $1.17B | $1.17B | $1.14B | $1.06B | $1.10B | $1.08B | $1.04B | $1.02B | $992.0M |
| Gross margin | 53.1% | 51.5% | 50.5% | 50.7% | 52.0% | 51.3% | 47.1% | 50.1% | 49.9% | 48.7% | 48.2% | 48.1% |
| Operating income | $668.0M | $557.0M | $422.0M | $473.0M | $494.0M | $458.0M | $103.0M | $425.0M | $418.0M | $364.0M | $352.0M | $376.0M |
| Net income | $479.0M | $415.0M | $265.0M | $374.0M | $368.0M | $343.0M | -$14.0M | $297.0M | $301.0M | $231.0M | $227.0M | $276.0M |
| Net margin | 18.2% | 17.0% | 11.0% | 16.1% | 16.3% | 15.4% | −0.6% | 13.5% | 13.9% | 10.9% | 10.8% | 13.4% |
| Diluted EPS | $4.83 | $4.20 | $2.69 | $3.81 | $3.75 | $3.50 | $-0.14 | $3.10 | $3.16 | $2.43 | $2.40 | $2.93 |
| EBITDA | $1.25B | $1.12B | $1.06B | $1.02B | $1.00B | $954.0M | $907.0M | $926.0M | $910.0M | $892.0M | $815.0M | $839.0M |
| Operating cash flow | $1.07B | $717.0M | $1.14B | $1.01B | $944.0M | $809.0M | $981.0M | $758.0M | $912.0M | $598.0M | $999.0M | $785.0M |
| Free cash flow | -$735.0M | -$539.0M | -$292.0M | -$122.0M | -$144.0M | $59.0M | -$6.0M | $34.0M | $264.0M | -$109.0M | $3.0M | $168.0M |
| Diluted shares | 99.1M | 98.7M | 98.4M | 98.2M | 98.1M | 97.9M | 97.3M | 95.7M | 95.2M | 95.2M | 94.7M | 94.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $979.0M | $1.36B | $1.73B | $2.08B | $3.66B | $2.95B |
| Short-term investments | $1.25B | $1.69B | $1.50B | $854.0M | $872.0M | $723.0M |
| Total debt | $21.99B | $21.92B | $21.27B | $19.49B | $20.32B | $18.12B |
| Total assets | $41.08B | $40.90B | $40.14B | $38.06B | $38.85B | $36.08B |
| Total liabilities | $26.68B | $26.58B | $25.96B | $23.88B | $24.74B | $22.17B |
| Shareholders' equity | $14.37B | $14.29B | $14.15B | $14.15B | $14.08B | $13.89B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology