Cash & Equivalents
Equinix, Inc. Cash & Equivalents decreased by 20.2% to $1.73B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 43.9%, from $3.08B to $1.73B. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows relatively stable performance with a 1.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.
Detailed definition
Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...
Peer comparison
Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.
cash_and_equivalentsHistorical Data
| 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 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.82B | $1.39B | $1.54B | $1.71B | $1.90B | $2.51B | $1.91B | $2.64B | $2.34B | $2.36B | $2.10B | $1.53B | $2.00B | $2.78B | $3.08B | $2.96B | $3.69B | $2.17B | $1.73B |
| QoQ Change | — | -23.6% | +10.4% | +11.1% | +11.3% | +31.9% | -24.0% | +38.7% | -11.4% | +0.7% | -11.1% | -27.0% | +30.5% | +39.1% | +11.0% | -3.9% | +24.6% | -41.3% | -20.2% |
| YoY Change | — | — | — | — | +4.3% | +80.2% | +24.1% | +54.8% | +23.2% | -6.0% | +9.9% | -42.1% | -14.8% | +17.7% | +47.0% | +93.6% | +84.9% | -22.0% | -43.9% |
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is Equinix, Inc.'s cash & equivalents?
- Equinix, Inc. (EQIX) reported cash & equivalents of $1.73B in Q4 2025.
- How has Equinix, Inc.'s cash & equivalents changed year-over-year?
- Equinix, Inc.'s cash & equivalents decreased by 43.9% year-over-year, from $3.08B to $1.73B.
- What is the long-term trend for Equinix, Inc.'s cash & equivalents?
- Over 5 years (2020 to 2025), Equinix, Inc.'s cash & equivalents has grown at a 1.5% compound annual growth rate (CAGR), from $1.60B to $1.73B.
- What does cash & equivalents mean?
- Money in the bank and very short-term investments that can be turned into cash almost instantly.