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Equinix, Inc. EQIX Acquisitions

Acquisitions at other companies

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Iron MountainIRM
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$114M-38.3%
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Bit DigitalBTBT
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Hut 8 Mining Corp. logo
Hut 8 Mining Corp.HUT
$6.47M

Other financials

Income statement

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Revenue$2.6B+16.4%
Gross profit$1.4B+19.0%
Operating income$665.0M+34.6%
Net income$479.0M+30.2%
EPS (diluted)$4.83+28.8%

Balance sheet

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Cash & equivalents$1.0B-72.5%
Total debt$23.7B+6.7%
Total equity$14.4B+2.1%
Total assets$41.1B+5.7%

Cash flow

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Operating cash flow$1.1B+13.0%
CapEx$1.6B+59.6%
Free cash flow-$511.0M-1,036%

Valuation

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Market cap$104.22B+37.8%
Enterprise value$126.9B+34.8%
P/E68×-7.1×
P/S10.6×+2.2×

Profitability

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Gross margin51.5%+1.4pp
Operating margin21.8%+5.3pp
Net margin15.6%+4.4pp
FCF margin-14.9%-15.5pp

Returns & leverage

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Return on equity10.8%+3.1pp
Debt / equity1.6×+0.1×
Current ratio1.1×-0.4×

Where this comes from

Reported directly by Equinix, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: Equinix, Inc.’s 10-K, filed February 11, 2026.

Filed
Feb 10, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001101239-26-000032
Line itemYears Ended December 31, 2025Years Ended December 31, 2024Years Ended December 31, 2023
Distributions from equity investments5911
Purchases of short-term investments(1,967)(520)
Maturity of short-term investments1,005
Business acquisitions, net of cash and restricted cash acquired(251)
Real estate acquisitions(994)(337)(384)
Purchases of other property, plant and equipment(4,311)(3,066)(2,781)
Proceeds from sale of assets, net of cash transferred24777
Settlement of foreign currency hedges10483

ITEM 16. Form 10-K Summary

FAQ

What is Equinix, Inc.'s acquisitions?
Equinix, Inc. (EQIX) reported acquisitions of $69M in Q4 2025.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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