Free cash flow
Equinix, Inc. Free cash flow decreased by 84.6% to -$539.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1013.6%, from $59.00M to -$539.00M. Over 3 years (FY 2022 to FY 2025), Free cash flow shows a downward trend with a -19.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical Data
| Q2 '21 | Q3 '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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$93.04M | -$13.53M | $168.61M | $316.75M | $267.56M | $0.00 | $161.81M | $103.14M | $167.64M | $2.99M | -$109.00M | $264.00M | $34.00M | $0.00 | $59.00M | -$45.00M | -$122.00M | -$292.00M | -$539.00M |
| QoQ Change | — | +85.5% | >999% | +87.9% | -15.5% | -100.0% | — | -36.3% | +62.5% | -98.2% | <-999% | +342.2% | -87.1% | -100.0% | — | -176.3% | -171.1% | -139.3% | -84.6% |
| YoY Change | — | — | — | +440.5% | >999% | — | -4.0% | -67.4% | -37.3% | — | -167.4% | +156.0% | -79.7% | -100.0% | +154.1% | -117.0% | -458.8% | — | <-999% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Equinix, Inc.'s free cash flow?
- Equinix, Inc. (EQIX) reported free cash flow of -$539.00M in Q1 2026.
- How has Equinix, Inc.'s free cash flow changed year-over-year?
- Equinix, Inc.'s free cash flow decreased by 1013.6% year-over-year, from $59.00M to -$539.00M.
- What is the long-term trend for Equinix, Inc.'s free cash flow?
- Over 3 years (2022 to 2025), Equinix, Inc.'s free cash flow has grown at a -19.0% compound annual growth rate (CAGR), from $752.92M to -$400.00M.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.