Equinix

Real Estate Data Center REITs Redwood City, California Last filing Feb 11, 2026 · FY2025

Balance Sheet

Assets, liabilities, and equity

34 accounts · 5 years

Account	2025	2024	2023	2022	2021
Statement
BS Assets Cash	$1.7B	$3.1B	$2.1B	$1.9B	$1.5B
BS Assets Short Term Invest	$1.5B	$527.0M	$0	$0	$0
BS Assets Accts Receivable	$1.0B	$949.0M	$1.0B	$855.4M	$681.8M
BS Assets Prepaid Expenses	$897.0M	$91.0M	$99.8M	$79.2M	$65.2M
BS Assets Other Current Assets	$897.0M	$890.0M	$468.2M	$459.1M	$462.7M
BS Assets Total Current	$5.1B	$5.4B	$3.6B	$3.3B	$3.0B
BS Assets PPE	$23.6B	$19.2B	$18.6B	$16.6B	$0
BS Assets Op Lease ROU	$1.4B	$1.4B	$1.4B	$1.4B	$1.3B
BS Assets Goodwill	$6.0B	$5.5B	$5.7B	$5.7B	$5.4B
BS Assets Intangible Assets	$1.3B	$1.4B	$1.7B	$1.9B	$1.9B
BS Assets LT Investments	$551.0M	$519.0M	$468.2M	$348.1M	$245.0M
BS Assets Other Noncurrent	$2.7B	$2.0B	$1.6B	$1.4B	$926.1M
BS Assets Total	$40.1B	$35.1B	$32.7B	$30.3B	$27.9B
BS Liab Accts Payable	$1.4B	$133.0M	$162.4M	$116.0M	$84.1M
BS Liab Accrued Liab	$0	$517.0M	$527.1M	$498.2M	$446.7M
BS Liab Deferred Rev Current	$133.0M	$123.0M	$125.0M	$132.1M	$109.7M
BS Liab Op Lease Current	$155.0M	$144.0M	$130.7M	$139.5M	$144.0M
BS Liab Other Current	$340.0M	$232.0M	$301.7M	$251.3M	$214.5M
BS Liab Total Current	$3.9B	$3.3B	$3.2B	$1.8B	$1.6B
BS Liab Long Term Debt	$0	$123.0M	$0	$0	$0
BS Liab Deferred Rev LT	$170.0M	$150.0M	$154.0M	$155.3M	$87.5M
BS Liab Op Lease Noncurrent	$1.3B	$1.3B	$1.3B	$1.3B	$1.1B
BS Liab Deferred Tax Liab	$0	$339.0M	$394.1M	$383.4M	$340.3M
BS Liab Other Noncurrent	$983.0M	$760.0M	$795.5M	$797.9M	$763.4M
BS Liab Total	$26.0B	$21.5B	$20.1B	$18.8B	$17.0B
BS Equity Preferred Stock	$0	$0	$0	$0	$0
BS Equity Common Stock	$0	$0	$95.0K	$93.0K	$91.0K
BS Equity APIC	$21.6B	$20.9B	$18.6B	$17.3B	$16.0B
BS Equity Retained Earnings	$6.1B	$4.7B	$3.9B	$3.0B	$2.3B
BS Equity Treasury Stock	$62.0K	$103.0K	$150.7K	$193.3K	$112.2M
BS Equity AOCI	$-1.4B	$-1.7B	$-1.3B	$-1.4B	$-1.1B
BS Equity NCI	$-3.0M	$-1.0M	$-395.0K	$-134.0K	$-318.0K
BS Equity Total	$14.2B	$13.5B	$12.5B	$11.5B	$10.9B
BS Equity Total Liab and Equity	$40.1B	$35.1B	$32.7B	$30.3B	$27.9B

Income Statement

Revenue, expense, and profitability

19 accounts · 5 years

Revenue $9.2B

Operating income $1.8B

Net income $1.4B

Account	2025	2024	2023	2022	2021
Statement
IS Revenue Total	$9.2B	$8.7B	$8.2B	$7.3B	$6.6B
IS Expense COGS	$4.5B	$4.5B	$4.2B	$3.8B	$3.5B
IS Expense SGA	$1.8B	$1.8B	$1.7B	$1.5B	$1.3B
IS Expense DA	$2.0B	$2.0B	$1.8B	$1.7B	$1.7B
IS Expense SBC	$498.0M	$462.0M	$407.0M	$404.0M	$363.8M
IS Expense Restructuring	$33.0M	$31.0M	$0	$0	—
IS Expense Total Opex	$7.4B	$7.4B	$6.7B	$6.1B	$5.5B
IS Operating Income	$1.8B	$1.3B	$1.4B	$1.2B	$1.1B
IS Interest Income	$193.0M	$137.0M	$94.0M	$36.0M	$2.6M
IS Interest Expense	$121.0M	$113.0M	$402.0M	$356.3M	$336.1M
IS Other Nonop Inc Exp	$-7.0M	$-17.0M	$-11.0M	$-51.0M	$-50.6M
IS Pre Tax Income	$1.5B	$975.0M	$1.1B	$829.0M	$609.0M
IS Tax Expense	$160.0M	$161.0M	$155.0M	$124.0M	$109.2M
IS net Income	$1.4B	$815.0M	$969.0M	$705.0M	$500.2M
IS Comprehensive Income	$1.7B	$370.0M	$1.1B	$401.0M	$327.8M
IS EPS Basic	$14	$9	$10	$8	$6
IS EPS Diluted	$14	$8	$10	$8	$6
IS Shares Basic	$97.9M	$95.5M	$93.6M	$91.6M	$89.8M
IS Shares Diluted	$98.1M	$95.8M	$94.0M	$91.8M	$90.4M

Cash Flow Statement

Operating, investing, and financing flows

18 accounts · 5 years

Account	2025	2024	2023	2022	2021
Statement
CF Ops net Income	$1.4B	$815.0M	$969.0M	$705.0M	$500.2M
CF Ops DA	$2.0B	$2.0B	$1.8B	$1.7B	$1.7B
CF Ops SBC	$498.0M	$462.0M	$407.0M	$404.0M	$363.8M
CF Ops Deferred Tax	$-56.0M	$-30.0M	$5.0M	$42.0M	$40.4M
CF Ops Working Capital	$-116.0M	$-180.0M	$22.0M	$21.0M	$-175.7M
CF Ops net Cash	$3.9B	$3.2B	$3.2B	$3.0B	$2.5B
CF Inv Acquisitions	$251.0M	$0	$0	$964.0M	$158.5M
CF Inv net Cash	$-6.5B	$-3.9B	$-3.2B	$-3.4B	$-3.0B
CF Fin Debt Issuance	$4.3B	$2.8B	$902.0M	$1.2B	$3.9B
CF Fin Debt Repayment	$1.2B	$1.0B	$0	$0	$2.0B
CF Fin Dividends	$1.9B	$1.6B	$1.4B	$1.2B	$1.0B
CF Fin Stock Issuance	$95.0M	$91.0M	$87.0M	$82.0M	$77.6M
CF Fin Other	$-26.0M	$-30.0M	$-13.0M	—	—
CF Fin net Cash	$1.3B	$1.7B	$211.0M	$857.0M	$413.8M
CF FX Effect	$43.0M	$-49.0M	$-16.0M	$-98.0M	$-30.5M
CF net Change	$-1.3B	$986.0M	$188.0M	$359.0M	$-76.2M
CF Cash Begin	$1.8B	$3.1B	$2.1B	$1.9B	$1.5B
CF Cash End	$1.8B	$3.1B	$2.1B	$1.9B	$1.5B

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Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

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