Equinix, Inc. Recurring revenues — Revenue increased by 3.4% to $2.22B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.6%, from $2.06B to $2.22B. Over 3 years (FY 2021 to FY 2024), Recurring revenues — Revenue shows an upward trend with a 9.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates higher business stability and stronger long-term customer commitment, while a decrease may suggest churn or a shift toward less predictable revenue streams.
Recurring revenues represent the portion of total revenue generated from stable, predictable service contracts, primaril...
Similar to 'Subscription Revenue' or 'Recurring Service Revenue' in other infrastructure-as-a-service or colocation providers, where high percentages indicate lower business risk.
eqix_segment_recurring_revenues_revenues| 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 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.54B | $1.56B | $1.60B | $1.64B | $1.71B | $1.75B | $1.77B | $1.89B | $1.92B | $1.96B | $1.98B | $2.01B | $2.02B | $2.06B | $2.09B | $2.14B | $2.22B |
| QoQ Change | — | +1.4% | +2.5% | +2.4% | +4.0% | +2.4% | +1.4% | +6.6% | +1.5% | +2.3% | +0.8% | +1.7% | +0.7% | +1.7% | +1.6% | +2.5% | +3.4% |
| YoY Change | — | — | — | — | +10.7% | +11.8% | +10.6% | +15.1% | +12.3% | +12.2% | +11.4% | +6.3% | +5.6% | +5.0% | +5.8% | +5.9% | +7.6% |