Equinix, Inc. Notes Payable increased by 21.4% to $17.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 240.0%, from $5.00M to $17.00M. Over 4 years (FY 2020 to FY 2024), Notes Payable shows a downward trend with a -75.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase indicates higher reliance on formal debt financing, which may increase interest expense and financial risk.
Notes payable are formal written promises to pay a specific amount of money at a future date, often involving interest....
Commonly used by companies to manage short-term liquidity needs or bridge financing.
notes_payable| 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 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $654.02M | $628.30M | $619.66M | $723.52M | $689.42M | $608.94M | $652.56M | $663.10M | $674.34M | $645.84M | $671.00M | $661.00M | $660.00M | $5.00M | $5.00M | $5.00M | $14.00M | $17.00M |
| QoQ Change | — | -3.9% | -1.4% | +16.8% | -4.7% | -11.7% | +7.2% | +1.6% | +1.7% | -4.2% | +3.9% | -1.5% | -0.2% | -99.2% | +0.0% | +0.0% | +180.0% | +21.4% |
| YoY Change | — | — | — | — | +5.4% | -3.1% | +5.3% | -8.3% | -2.2% | +6.1% | +2.8% | -0.3% | -2.1% | -99.2% | -99.3% | -99.2% | -97.9% | +240.0% |