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Equinix, Inc. EQIX Interconnection — Revenue

Other product segments

Recurring revenues
$2.38B+10.9%
Colocation
$1.77B+11.8%
Non-recurring revenues
$248M+119%
Managed infrastructure
$112M-4.3%
Other
$40M+17.6%

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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$101.77B+33.6%
Enterprise value$124.45B+31.4%
P/E66.4×-9.2×
P/S10.4×+1.9×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemThree Months Ended June 30, 2026 / AmericasThree Months Ended June 30, 2026 / EMEAThree Months Ended June 30, 2026 / Asia-PacificThree Months Ended June 30, 2026 / TotalSix Months Ended June 30, 2026 / AmericasSix Months Ended June 30, 2026 / EMEASix Months Ended June 30, 2026 / Asia-PacificSix Months Ended June 30, 2026 / Total
Colocation (1)$747$633$392$1,772$1,478$1,246$778$3,502
Interconnection25610592453507211181899
Managed infrastructure5640161121138133227
Other (1)8284401557880
Recurring revenues1,0678065042,3772,1131,5951,0004,708
Non-recurring revenues18439252482297755361
Total revenues (2)1,2518455292,6252,3421,6721,0555,069
Less:

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Equinix, Inc.'s interconnection — revenue?
Equinix, Inc. (EQIX) reported interconnection — revenue of $453M in Q2 2026.
How has Equinix, Inc.'s interconnection — revenue changed year-over-year?
Equinix, Inc.'s interconnection — revenue increased by 11.3% year-over-year, from $407M to $453M.
What is the long-term trend for Equinix, Inc.'s interconnection — revenue?
Over 4 years (2021 to 2025), Equinix, Inc.'s interconnection — revenue has grown at a 9.3% compound annual growth rate (CAGR), from $1.16B to $1.66B.
What does interconnection — revenue mean?
This metric represents the revenue generated from physical and virtual cross-connections that allow customers to connect their infrastructure directly to other service providers, partners, and networks within the data center ecosystem. It serves as a critical indicator of the company's network effect and the value of its digital ecosystem, as customers pay to reduce latency and improve data exchange efficiency. High growth in this area typically reflects strong customer stickiness and the deepening of the company's role as a central hub for digital infrastructure.

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