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Equinix, Inc.

EQIXNASDAQStock Fundamentals

Equinix is a global digital infrastructure company that operates as a real estate investment trust (REIT), providing network-neutral colocation and interconnection services. The company enables organizations to deploy and connect foundational infrastructure across a global platform of data centers, facilitating secure data exchange between businesses, cloud providers, and networks. Its core value proposition centers on a powerful network effect where a critical mass of interconnected customers reduces latency and bandwidth costs for all participants.

Market Cap$106.36B
Revenue TTM$9.4B
Net Income TTM$1.4B
P/E Ratio74.79
Net Margin15.07%
EPS TTM$14.46
Free Cash Flow TTM-$998.0M
Employees13.2K
CEOAdaire Rita Fox-Martin
CountryUnited States of America
Real Estate
REIT - Specialty
SegmentsSpecialty REIT, Data Centers, Telecommunications Infrastructure
Business ModelsLeasing, Subscription, Usage-based, Joint Venture
Most Recent EarningsApr 29, 2026 · 26 days agoQ1 2026
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Next EarningsJul 29, 2026 · in 2 monthsAfter Market Close · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin51.14%
Op. Margin20.85%
ROE10.09%
D/E164.37%
Current Ratio1.18
Total Debt$23.5B
Cash$1.4B
CapEx TTM$4.8B

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Colocation and Infrastructure

primary

Provides the physical space, power, and secure environments required for customers to house their IT equipment. These offerings include standardized and custom-built options for housing hardware within high-performance data centers.

Products

International Business Exchange (IBX) Data Centers, xScale Data Centers, Private Cages, Secure Cabinets, Secure Cabinet Express

Customers

Hyperscale Cloud Providers, Enterprises, Network Service Providers, Financial Services Companies

Interconnection Services

major

Facilitates direct, private, and dynamic connections between businesses, clouds, and networks within and between data centers. These software-defined and physical links bypass the public internet to provide superior performance and security.

Products

Equinix Fabric, Equinix Fabric Cloud Router, Equinix Cross Connects, Equinix Internet Exchange, Equinix Internet Access, Fiber Connect, Metro Connect, Equinix Network Edge

Customers

SaaS Providers, Content Providers, Telecommunications Carriers, Digital Media Companies

Managed Solutions and Support

moderate

Offers operational support, monitoring software, and managed infrastructure services to help customers implement and maintain their digital deployments globally.

Products

Equinix Smart Hands, Equinix SmartView, Equinix Smart Build (ESB), Equinix Managed Solutions and Enablement Services

Customers

Enterprise IT Departments, Remote Infrastructure Teams, Hybrid Cloud Users

Segment Financials

Americas — Buildings and Improvements

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EMEA — Buildings and Improvements

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Asia-Pacific — Buildings and Improvements

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Americas — Segment cost of revenues

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Americas — SEC Schedule III Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements

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Business Overview

Competitive Position

Equinix is a global leader in the multi-tenant data center market, distinguished by its carrier-neutral status and the industry's largest ecosystem of interconnected partners.

Geographies

Americas, EMEA, Asia-Pacific

Customer Segments

Enterprise, Cloud Service Providers, Network Service Providers, Financial Institutions, Government

Upstream Dependencies

Electric utilities and renewable energy providers, Real estate developers and land owners, IT hardware and cooling equipment manufacturers, Fiber optic cable providers

Downstream Customers

Hyperscale cloud platforms, Global enterprises, Content delivery networks, Financial trading firms, Telecommunications carriers

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Equinix, Inc. FAQ

Common questions about Equinix, Inc.

Equinix is a global digital infrastructure company that operates as a real estate investment trust (REIT), providing network-neutral colocation and interconnection services. The company enables organizations to deploy and connect foundational infrastructure across a global platform of data centers, facilitating secure data exchange between businesses, cloud providers, and networks. Its core value proposition centers on a powerful network effect where a critical mass of interconnected customers reduces latency and bandwidth costs for all participants.

Equinix, Inc. (EQIX) has a market capitalization of $106.36B and trades on NASDAQ.

Equinix, Inc. generated $9.4B in trailing twelve-month revenue with net income of $1.4B, representing a net margin of 15.1%. Gross margin stands at 51.1%, with free cash flow of -$998.0M. These figures are based on the Q1 2026 filing.

Equinix, Inc.'s key competitors include Digital Realty Trust, Iron Mountain, American Tower, and others. These companies compete in similar markets and product categories.

Equinix, Inc. has approximately 13,151 employees.