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Discontinued — last reported Q1 '26

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Segments

By segment

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Americas$705M+40.7%
EMEA$329M+92.4%
Asia-Pacific$222M+185%

Other financials

Income statement

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Revenue$2.4B+9.8%
Gross profit$1.3B+10.3%
Operating income$577.0M+26.0%
Net income$415.0M+21.0%
EPS (diluted)$4.20+20.0%

Balance sheet

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Cash & equivalents$1.4B-51.9%
Total debt$23.5B+17.7%
Total equity$14.3B+2.9%
Total assets$40.9B+13.4%

Cash flow

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Operating cash flow$717.0M-11.4%
Free cash flow-$539.0M-1,014%

Valuation

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Market cap$102.06B+34.3%
Enterprise value$124.14B+31.3%
P/E71.8×-3.6×
P/S10.8×+2.3×

Profitability

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Gross margin51.1%+1.6pp
Operating margin20.8%+4.8pp
Net margin15.1%+4.4pp
FCF margin-10.6%-14.6pp

Returns & leverage

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Return on equity10.1%+2.9pp
Debt / equity1.6×+0.2×
Current ratio1.2×-0.5×

Where this comes from

Reported directly by Equinix, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireOtherPropertyPlantAndEquipment.

The official record: Equinix, Inc.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Equinix, Inc.'s capex?
Equinix, Inc. (EQIX) reported capex of $1.26B in Q1 2026.
How has Equinix, Inc.'s capex changed year-over-year?
Equinix, Inc.'s capex increased by 67.5% year-over-year, from $750M to $1.26B.
What is the long-term trend for Equinix, Inc.'s capex?
Over 4 years (2021 to 2025), Equinix, Inc.'s capex has grown at a 11.9% compound annual growth rate (CAGR), from $2.75B to $4.31B.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.