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Equinix, Inc. EQIX Contract Liabilities

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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:ContractWithCustomerLiabilityNoncurrent.

The source filing: Equinix, Inc.’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001101239-26-000147
Line itemAccounts receivable, net (1)Contract assets, currentContract assets, non-currentDeferred revenue, currentDeferred revenue, non-current
Beginning balances as of January 1, 2026$1,001$56$126$133$170
Closing balances as of June 30, 20261,25684217159215
Increase$255$28$91$26$45

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Equinix, Inc.'s contract liabilities?
Equinix, Inc. (EQIX) reported contract liabilities of $215M in Q2 2026.
How has Equinix, Inc.'s contract liabilities changed year-over-year?
Equinix, Inc.'s contract liabilities increased by 31.1% year-over-year, from $164M to $215M.
What is the long-term trend for Equinix, Inc.'s contract liabilities?
Over 5 years (2020 to 2025), Equinix, Inc.'s contract liabilities has grown at a 19.0% compound annual growth rate (CAGR), from $71.24M to $170M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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