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Equinix, Inc. EQIX Unrecorded Unconditional Purchase Obligation

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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%
Free cash flow-$511.0M-1,036%

Valuation

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Market cap$103.89B+37.3%
Enterprise value$126.57B+34.4%
P/E67.8×-7.3×
P/S10.6×+2.1×

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

Reported directly by Equinix, Inc. in its filing.

Tagged under the XBRL concept us-gaap:UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount.

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

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

We entered into agreements with various landlords, primarily to lease data center spaces and ground leases, which have not yet commenced as of June 30, 2026. These leases are expected to commence between 2026 and 2029, with lease terms of 2 to 99 years and total lease commitments of approximately $708 million.

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Equinix, Inc.'s unrecorded unconditional purchase obligation?
Equinix, Inc. (EQIX) reported unrecorded unconditional purchase obligation of $708M in Q2 2026.
How has Equinix, Inc.'s unrecorded unconditional purchase obligation changed year-over-year?
Equinix, Inc.'s unrecorded unconditional purchase obligation increased by 587.4% year-over-year, from $103M to $708M.
What does unrecorded unconditional purchase obligation mean?
Contractual commitments to purchase goods or services that are legally binding but have not yet been recognized as liabilities on the balance sheet because the goods or services have not been received. These obligations represent future cash outflows that are essential for ongoing operations.

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