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Equinix, Inc. EQIX Non-recurring revenues — Revenue

Other product segments

Recurring revenues
$2.33B+11.7%
Colocation
$1.73B+12.0%
Interconnection
$446M+13.5%
Managed infrastructure
$115M0.0%
Other
$40M+17.6%

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ICESubscription revenues — Total revenues, less transaction-based expenses
$164M+2.5%
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ICERecurring revenues — Revenues, less transaction-based expenses:
$401M+1.0%
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BRRecurring revenues — Revenue
$1.29B+7.0%
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FISOther recurring — Revenue
$120M+27.7%

Other financials

Income statement

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Revenue$2.4B+9.8%
Gross profit$1.3B+10.3%
Operating income$577.0M+26.0%
Net income$415.0M+21.0%
EPS (diluted)$4.20+20.0%

Balance sheet

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Cash & equivalents$1.4B-51.9%
Total debt$23.5B+17.7%
Total equity$14.3B+2.9%
Total assets$40.9B+13.4%

Cash flow

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Operating cash flow$717.0M-11.4%
CapEx$1.3B+67.5%
Free cash flow-$539.0M-1,014%

Valuation

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Market cap$107.35B+21.4%
Enterprise value$129.43B+22.8%
P/E75.5×-18.5×
P/S11.4×+1.4×

Profitability

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Gross margin51.1%+1.6pp
Operating margin20.8%+4.8pp
Net margin15.1%+4.4pp

Returns & leverage

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Return on equity10.1%+2.9pp
Debt / equity1.6×+0.2×
Current ratio1.2×-0.5×

Where this comes from

Reported directly by Equinix, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Equinix, Inc.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Equinix, Inc.'s non-recurring revenues — revenue?
Equinix, Inc. (EQIX) reported non-recurring revenues — revenue of $113M in Q1 2026.
How has Equinix, Inc.'s non-recurring revenues — revenue changed year-over-year?
Equinix, Inc.'s non-recurring revenues — revenue decreased by 18.1% year-over-year, from $138M to $113M.
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?
Revenue earned from one-time services and installation fees rather than ongoing monthly subscriptions.
How do you interpret non-recurring revenues — revenue?
An increase suggests high levels of new customer acquisition or significant project-based activity, while a decrease may indicate a slowdown in new deployments or a shift toward purely recurring service models.
How does non-recurring revenues — revenue compare across companies?
Peers in the data center and colocation industry typically report these as 'installation' or 'non-recurring' revenues, which are generally expected to be a small percentage of total revenue compared to recurring colocation and interconnection fees.