Deferred Revenue
Equinix, Inc. Deferred Revenue decreased by 3.0% to $128.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $128.00M to $128.00M. Over 4 years (FY 2020 to FY 2024), Deferred Revenue shows an upward trend with a 5.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong sales of subscription-based services or bundled offerings, providing a predictable pipeline for future revenue recognition.
Detailed definition
Represents cash payments received from customers in advance of the company fulfilling its performance obligations, speci...
Peer comparison
High-growth software and services companies typically maintain larger deferred revenue balances relative to pure hardware manufacturers.
deferred_revenue_currentHistorical 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $104.57M | $112.95M | $109.74M | $115.06M | $128.46M | $118.04M | $132.09M | $129.38M | $118.18M | $116.94M | $125.00M | $129.00M | $127.00M | $128.00M | $123.00M | $130.00M | $132.00M | $128.00M |
| QoQ Change | — | +8.0% | -2.8% | +4.8% | +11.7% | -8.1% | +11.9% | -2.1% | -8.7% | -1.1% | +6.9% | +3.2% | -1.6% | +0.8% | -3.9% | +5.7% | +1.5% | -3.0% |
| YoY Change | — | — | — | — | +22.8% | +4.5% | +20.4% | +12.4% | -8.0% | -0.9% | -5.4% | -0.3% | +7.5% | +9.5% | -1.6% | +0.8% | +3.9% | +0.0% |
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Equinix, Inc.'s deferred revenue?
- Equinix, Inc. (EQIX) reported deferred revenue of $128.00M in Q3 2025.
- How has Equinix, Inc.'s deferred revenue changed year-over-year?
- Equinix, Inc.'s deferred revenue decreased by 0.0% year-over-year, from $128.00M to $128.00M.
- What is the long-term trend for Equinix, Inc.'s deferred revenue?
- Over 4 years (2020 to 2024), Equinix, Inc.'s deferred revenue has grown at a 5.0% compound annual growth rate (CAGR), from $101.26M to $123.00M.
- What does deferred revenue mean?
- Money collected from customers for products or services that haven't been delivered yet but will be within a year.