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Equinix, Inc. EQIX Operating Income

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Other financials

Income statement

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Revenue$2.4B+9.8%
Gross profit$1.3B+10.3%
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$107.26B+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:OperatingIncomeLoss.

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 income?
Equinix, Inc. (EQIX) reported operating income of $577M in Q1 2026.
How has Equinix, Inc.'s operating income changed year-over-year?
Equinix, Inc.'s operating income increased by 26.0% year-over-year, from $458M to $577M.
What is the long-term trend for Equinix, Inc.'s operating income?
Over 4 years (2021 to 2025), Equinix, Inc.'s operating income has grown at a 13.6% compound annual growth rate (CAGR), from $1.11B to $1.85B.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.