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Equinix, Inc. EQIX Free cash flow

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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%

Valuation

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Market cap$106.53B+37.7%
Enterprise value$129.21B+34.8%
P/E69.5×-7.3×
P/S10.9×+2.2×

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

Calculated from Equinix, Inc.’s reported figures.

The source filing: Equinix, Inc.’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001101239-26-000147

FAQ

What is Equinix, Inc.'s free cash flow?
Equinix, Inc. (EQIX) reported free cash flow of -$511M in Q2 2026.
How has Equinix, Inc.'s free cash flow changed year-over-year?
Equinix, Inc.'s free cash flow decreased by 1035.6% year-over-year, from -$45M to -$511M.
What is the long-term trend for Equinix, Inc.'s free cash flow?
Over 3 years (2022 to 2025), Equinix, Inc.'s free cash flow has grown at a -19.0% compound annual growth rate (CAGR), from $752.92M to -$400M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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