EQIX

Equinix

Real Estate

Data Center REITs

Redwood City, California

Last filing: Feb 11, 2026 (FY2025)

Balance Sheet 13 Accounts • 5 Years

Account	2025	2024	2023	2022	2021
BS_Assets_Cash	$0	$3.1B	$2.1B	$1.9B	$1.5B
BS_Assets_ShortTermInvest	$0	$527.0M	$0	$0	$0
BS_Assets_AcctsReceivable	$0	$949.0M	$1.0B	$855.4M	$681.8M
BS_Assets_PPE	$0	$19.2B	$18.6B	$16.6B	$0
BS_Assets_Goodwill	$480.0M	$5.5B	$5.7B	$5.7B	$5.4B
BS_Assets_IntangibleAssets	$0	$1.4B	$1.7B	$1.9B	$1.9B
BS_Liab_AccruedLiab	$0	$517.0M	$527.1M	$498.2M	$446.7M
BS_Liab_LongTermDebt	$0	$123.0M	$0	$0	$0
BS_Liab_DeferredTaxLiab	$0	$339.0M	$394.1M	$383.4M	$340.3M
BS_Equity_PreferredStock	$0	$0	$0	$0	$0
BS_Equity_CommonStock	$0	$0	$95.0K	$93.0K	$91.0K
BS_Equity_APIC	$564.0M	$20.9B	$18.6B	$17.3B	$16.0B
BS_Equity_AOCI	$0	$-1.7B	$-1.3B	$-1.4B	$-1.1B

Income Statement 19 Accounts • 5 Years

Account	2025	2024	2023	2022	2021
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_TotalOpex	$7.4B	$7.4B	$6.7B	$6.1B	$5.5B
IS_OperatingIncome	$1.8B	$1.3B	$1.4B	$1.2B	$1.1B
IS_InterestIncome	$193.0M	$137.0M	$94.0M	$36.0M	$2.6M
IS_InterestExpense	$121.0M	$113.0M	$402.0M	$356.3M	$336.1M
IS_OtherNonopIncExp	$-7.0M	$-17.0M	$-11.0M	$-51.0M	$-50.6M
IS_PreTaxIncome	$1.5B	$975.0M	$1.1B	$829.0M	$609.0M
IS_TaxExpense	$160.0M	$161.0M	$155.0M	$124.0M	$109.2M
IS_NetIncome	$1.4B	$815.0M	$969.0M	$705.0M	$500.2M
IS_ComprehensiveIncome	$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 16 Accounts • 5 Years

Account	2025	2024	2023	2022	2021
CF_Ops_NetIncome	$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_DeferredTax	$-56.0M	$-30.0M	$5.0M	$42.0M	$40.4M
CF_Ops_WorkingCapital	$-116.0M	$-180.0M	$22.0M	$21.0M	$-175.7M
CF_Ops_NetCash	$3.9B	$3.2B	$3.2B	$3.0B	$2.5B
CF_Inv_Acquisitions	$251.0M	$0	$0	$964.0M	$158.5M
CF_Inv_NetCash	$-6.5B	$-3.9B	$-3.2B	$-3.4B	$-3.0B
CF_Fin_DebtIssuance	$4.3B	$2.8B	$902.0M	$1.2B	$3.9B
CF_Fin_DebtRepayment	$1.2B	$1.0B	$0	$0	$2.0B
CF_Fin_Dividends	$1.9B	$1.6B	$1.4B	$1.2B	$1.0B
CF_Fin_StockIssuance	$95.0M	$91.0M	$87.0M	$82.0M	$77.6M
CF_Fin_Other	$-26.0M	$-30.0M	$-13.0M	—	—
CF_Fin_NetCash	$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

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