What is Equinix, Inc.'s operating cash flow?

Equinix, Inc. (EQIX) reported operating cash flow of $717M in Q1 2026.

How has Equinix, Inc.'s operating cash flow changed year-over-year?

Equinix, Inc.'s operating cash flow decreased by 11.4% year-over-year, from $809M to $717M.

What is the long-term trend for Equinix, Inc.'s operating cash flow?

Over 4 years (2021 to 2025), Equinix, Inc.'s operating cash flow has grown at a 11.3% compound annual growth rate (CAGR), from $2.55B to $3.91B.

What does operating cash flow mean?

Total cash generated by or used in core business operations — the single most important cash flow metric for assessing business health.

Equinix, Inc. EQIX Operating Cash Flow

Operating Cash Flow at other companies

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$96.41M+33.8%

Iron MountainIRM

$338.55M+71.6%

American TowerAMT

$1.4B+8.2%

TeraWulfWULF

-$17.59M-131%

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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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CapEx$1.3B+67.5%

Free cash flow-$539.0M-1,014%

Valuation

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Market cap$107.26B+24.2%

Enterprise value$129.34B+25.1%

P/E75.4×-16.3×

P/S11.4×+1.6×

Profitability

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Gross margin51.1%+1.6pp

Operating margin20.8%+4.8pp

Net margin15.1%+4.4pp

FCF margin-10.6%-14.6pp

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:NetCashProvidedByUsedInOperatingActivities.

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 operating cash flow?: Equinix, Inc. (EQIX) reported operating cash flow of $717M in Q1 2026.
How has Equinix, Inc.'s operating cash flow changed year-over-year?: Equinix, Inc.'s operating cash flow decreased by 11.4% year-over-year, from $809M to $717M.
What is the long-term trend for Equinix, Inc.'s operating cash flow?: Over 4 years (2021 to 2025), Equinix, Inc.'s operating cash flow has grown at a 11.3% compound annual growth rate (CAGR), from $2.55B to $3.91B.
What does operating cash flow mean?: Total cash generated by or used in core business operations — the single most important cash flow metric for assessing business health.