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Equinix, Inc. EQIX Non-recurring revenues — Revenue

Other product segments

Recurring revenues
$2.38B+10.9%
Colocation
$1.77B+11.8%
Interconnection
$453M+11.3%
Managed infrastructure
$112M-4.3%
Other
$40M+17.6%

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CLVTRe-occurring Revenues — Revenue
$109.3M+0.4%

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
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:
Segment cost of revenues3432841637906465913181,555
Other segment items (3)26710567439539201133873

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Equinix, Inc.'s non-recurring revenues — revenue?
Equinix, Inc. (EQIX) reported non-recurring revenues — revenue of $248M in Q2 2026.
How has Equinix, Inc.'s non-recurring revenues — revenue changed year-over-year?
Equinix, Inc.'s non-recurring revenues — revenue increased by 119.5% year-over-year, from $113M to $248M.
What is the long-term trend for Equinix, Inc.'s non-recurring revenues — revenue?
Over 4 years (2021 to 2025), Equinix, Inc.'s non-recurring revenues — revenue has grown at a 3.6% compound annual growth rate (CAGR), from $415.05M to $478M.
What does non-recurring revenues — revenue mean?
This metric represents revenue generated from one-time service engagements, such as installation fees, professional services, or non-recurring infrastructure setup costs. Unlike recurring subscription or colocation fees, these revenues are transactional in nature and do not provide predictable, long-term cash flow. Monitoring this helps investors understand the volume of new customer onboarding and the scale of project-based work being performed within the data center ecosystem.

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