Equinix income statement

In fiscal 2025, Equinix reported revenue of $9.22bn, up 5.4% on the year before, operating income of $1.85bn (a 20.0% margin) and net income of $1.35bn, or $13.76 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Equinix: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	0.9	1.2	1.6	1.9	2.2	2.4	2.7	3.6	4.4	5.1	5.6	6.0	6.6	7.3	8.2	8.7	9.2	10.1
Cost of revenue	0.5	0.7	0.8	0.9	1.1	1.2	1.3	1.8	2.2	2.6	2.8	3.1	3.5	3.8	4.2	4.5	4.5	4.9
Gross profit	0.4	0.5	0.7	0.9	1.1	1.2	1.4	1.8	2.2	2.5	2.8	2.9	3.2	3.5	4.0	4.3	4.7	5.2
Selling and marketing	0.1	0.1	0.2	0.2	0.2	0.3	0.3	0.4	0.6	0.6	0.7	0.7	0.7	0.8	0.9	0.9	0.9	0.9
General and administrative	0.2	0.2	0.3	0.3	0.4	0.4	0.5	0.7	0.7	0.8	0.9	1.1	1.3	1.5	1.7	1.8	1.8	1.8
Operating income	0.2	0.2	0.3	0.4	0.5	0.5	0.6	0.6	0.8	1.0	1.2	1.1	1.1	1.2	1.4	1.3	1.8	2.3
Interest expense	0.1	0.1	0.2	0.2	0.2	0.3	0.3	0.4	0.5	0.5	0.5	0.4	0.3	0.4	0.4	0.5	0.5	0.6
Income before tax	0.1	0.0	0.1	0.2	0.1	0.1	0.2	0.2	0.3	0.4	0.7	0.5	0.6	0.8	1.1	1.0	1.5	1.8
Income tax	0.0	0.0	0.0	0.1	0.0	0.3	0.0	0.0	0.1	0.1	0.2	0.1	0.1	0.1	0.2	0.2	0.2	0.2
Net income	0.1	0.0	0.1	0.1	0.1	−0.3	0.2	0.1	0.2	0.4	0.5	0.4	0.5	0.7	1.0	0.8	1.4	1.6
Diluted EPS	$1.75	$0.82	$1.74	$2.83	$1.89	−$4.96	$3.21	$1.79	$3.00	$4.56	$5.99	$4.18	$5.53	$7.67	$10.31	$8.50	$13.76	$16.67
Diluted shares (average)	40m	45m	48m	52m	50m	52m	58m	71m	78m	80m	85m	88m	90m	92m	94m	96m	98m	99m
EBITDA	0.4	0.4	0.6	0.8	0.9	1.0	1.1	1.5	1.9	2.2	2.5	2.5	2.8	2.9	3.3	3.3	3.9	4.4

US$ millions unless shown otherwise. Fiscal quarters.

Equinix: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	2,261	2,225	2,256	2,316	2,420	2,444	2,625	2,571
Cost of revenue	1,196	1,084	1,084	1,142	1,198	1,186	1,230	1,257
Gross profit	1,065	1,141	1,172	1,174	1,222	1,258	1,395	1,314
Selling and marketing	209	229	221	219	234	241	239	233
General and administrative	451	438	451	470	481	444	462	449
Operating income	103	458	494	474	422	577	665	600
Interest expense	126	122	135	128	142	148	151	163
Income before tax	0	392	405	399	312	471	523	537
Income tax	14	49	38	25	48	56	46	48
Net income	−14	343	368	374	265	415	479	489
Diluted EPS	−$0.19	$3.50	$3.75	$3.81	$2.69	$4.20	$4.83	$4.93
EBITDA	601	937	993	1,004	964	1,118	1,216	1,144

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Equinix's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Equinix.