Equinix, Inc. (EQIX) — Financial statements
Income statement, balance sheet, and cash flow for Equinix, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 9,260↑5.9% | 8,748↑6.8% | 8,188↑12.7% | 7,263↑9.5% | 6,636 | |
| Cost of Revenue | 4,508↑0.9% | 4,467↑5.7% | 4,228↑12.7% | 3,751↑8.0% | 3,472 | |
| Gross Profit | 4,752↑11.0% | 4,281↑8.1% | 3,960↑12.8% | 3,512↑11.0% | 3,163 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 1,840↑4.2% | 1,766↑6.8% | 1,654↑10.3% | 1,499↑15.1% | 1,302 | |
| Selling & Marketing Expenses | 903↑1.3% | 891↑4.1% | 856↑8.8% | 787↑6.1% | 741 | |
| SG&A Expenses | 2,746↑3.3% | 2,657↑5.9% | 2,509↑9.8% | 2,286↑11.9% | 2,043 | |
| Other Expenses | 158↓46.6% | 296↑3600.0% | 8↓69.2% | 26↑118.0% | 12 | |
| Operating Expenses | 2,904↓1.7% | 2,953↑17.3% | 2,517↑8.9% | 2,312↑12.5% | 2,055 | |
| Total Costs & Expenses | 7,412↓0.1% | 7,420↑10.0% | 6,745↑11.2% | 6,063↑9.7% | 5,527 | |
| Operating Results | ||||||
| Operating Income | 1,848↑39.2% | 1,328↓8.0% | 1,443↑20.3% | 1,200↑8.3% | 1,108 | |
| Depreciation & Amortization | 2,066↑2.8% | 2,009↑8.9% | 1,845↑6.2% | 1,737↑4.9% | 1,656 | |
| EBITDA | 4,072↑18.3% | 3,441↑2.1% | 3,371↑15.4% | 2,922↑12.3% | 2,601 | |
| EBIT | 2,006↑40.1% | 1,432↓6.2% | 1,526↑28.8% | 1,185↑25.4% | 945 | |
| Interest & Other Income | ||||||
| Net Interest Income | -376↓17.5% | -320↓3.9% | -308↑3.8% | -320↑4.0% | -333 | |
| Interest Income | 193↑40.9% | 137↑45.7% | 94↑161.1% | 36↑1261.6% | 3 | |
| Interest Expense | 569↑24.5% | 457↑13.7% | 402↑12.9% | 356↑5.9% | 336 | |
| Non-Operating Income | -158↓51.9% | -104↓25.3% | -83↓653.3% | 15↓90.8% | 163 | |
| Other Income / Expenses | -340↑3.7% | -353↓10.7% | -319↑14.0% | -371↑25.7% | -499 | |
| Income Before Tax | 1,508↑54.7% | 975↓13.3% | 1,124↑35.6% | 829↑36.1% | 609 | |
| Income Tax Expense | 160↓0.6% | 161↑3.9% | 155↑25.0% | 124↑13.5% | 109 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,348↑65.6% | 814↓16.0% | 969↑37.4% | 705↑41.1% | 500 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,350↑65.6% | 815↓15.9% | 969↑37.6% | 704↑40.8% | 500 | |
| Bottom-Line Net Income | 1,350↑65.6% | 815↓15.9% | 969↑37.6% | 704↑40.8% | 500 | |
| EPS (Basic) | 13.79↑61.5% | 8.54↓17.5% | 10.35↑34.6% | 7.69↑38.1% | 5.57 | |
| EPS (Diluted) | 13.76↑61.9% | 8.50↓17.6% | 10.31↑34.4% | 7.67↑38.7% | 5.53 | |
| Weighted Average Shares | 98↑2.5% | 95↑2.0% | 94↑2.2% | 92↑2.0% | 90 | |
| Weighted Average Diluted Shares | 98↑2.4% | 96↑1.9% | 94↑2.4% | 92↑1.6% | 90 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.