Equinix, Inc. Interconnection — Revenue increased by 3.7% to $422.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.9%, from $384.00M to $422.00M. Over 3 years (FY 2021 to FY 2024), Interconnection — Revenue shows an upward trend with a 9.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates a strengthening digital ecosystem and higher customer reliance on the platform's connectivity services, while a decrease may suggest customers are moving toward alternative connectivity solutions or reduced network integration.
This metric represents the revenue generated from physical and virtual cross-connections that allow customers to connect...
Comparable to interconnection or cross-connect revenue streams reported by other colocation and data center providers, often serving as a proxy for ecosystem density and competitive moat.
eqix_segment_interconnection_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $287.77M | $291.11M | $302.90M | $309.23M | $315.18M | $318.25M | $325.62M | $336.81M | $347.04M | $352.76M | $357.71M | $368.00M | $374.00M | $384.00M | $393.00M | $407.00M | $422.00M |
| QoQ Change | — | +1.2% | +4.1% | +2.1% | +1.9% | +1.0% | +2.3% | +3.4% | +3.0% | +1.6% | +1.4% | +2.9% | +1.6% | +2.7% | +2.3% | +3.6% | +3.7% |
| YoY Change | — | — | — | — | +9.5% | +9.3% | +7.5% | +8.9% | +10.1% | +10.8% | +9.9% | +9.3% | +7.8% | +8.9% | +9.9% | +8.8% | +9.9% |