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EQIX

Equinix, Inc.

Stock

$1,011.58−3.69 (−0.36%)Close Sep 30, 2026

Income statement

LineTTM202520242023202220212020201920182017201620152014201320122011201020092008
Revenue$9.8B$9.2B$8.7B$8.2B$7.3B$6.6B$6.0B$5.6B$5.1B$4.4B$3.6B$2.7B$2.4B$2.2B$1.9B$1.6B$1.2B$883M$705M
Cost of revenue$4.8B$4.5B$4.5B$4.2B$3.8B$3.5B$3.1B$2.8B$2.6B$2.2B$1.8B$1.3B$1.2B$1.1B$945M$829M$652M$483M$415M
Gross profit$5.0B$4.7B$4.3B$4.0B$3.5B$3.2B$2.9B$2.8B$2.5B$2.2B$1.8B$1.4B$1.2B$1.1B$943M$737M$544M$399M$290M
SG&A$2.8B$2.7B$2.7B$2.5B$2.3B$2.0B$1.8B$1.6B$1.5B$1.3B$1.1B$825M$734M$621M$531M$424M$331M$219M$213M
Other operating expenses$121M$118M$296M—$26M$12M$62M—$28M$39M$39M$42M$2.5M$6.0M$19M$6.8M$19M—$3.1M
Operating income$2.1B$1.8B$1.3B$1.4B$1.2B$1.1B$1.1B$1.2B$977M$809M$619M$567M$509M$461M$393M$306M$194M$181M$73M
Non-operating income−$433M−$340M−$353M−$319M−$371M−$499M−$537M−$477M−$544M−$522M−$459M−$356M−$425M−$349M−$204M−$176M−$145M−$72M−$53M
Pretax income$1.7B$1.5B$975M$1.1B$829M$609M$516M$693M$433M$287M$160M$211M$85M$112M$189M$130M$49M$109M$20M
Taxes$172M$158M$160M$155M$124M$109M$146M$185M$68M$54M$33M$23M$344M$18M$49M$35M$12M$40M−$88M
Net income$1.5B$1.4B$815M$969M$705M$500M$370M$507M$365M$233M$127M$188M−$260M$95M$140M$95M$37M$69M$108M
Diluted EPS$15.53$13.76$8.50$10.31$7.67$5.53$4.18$5.99$4.56$3.00$1.79$3.21−$4.96$1.89$2.83$1.74$0.82$1.75$2.79
Diluted shares—98.1M95.8M94.0M91.8M90.4M88.4M84.7M80.2M77.5M70.8M58.5M52.4M50.1M51.8M47.9M44.8M39.7M41.6M
Revenue growth—+5.4%+6.8%+12.7%+9.5%+10.6%+7.8%+9.7%+16.1%+20.9%+32.5%+11.5%+13.5%+14.1%+20.6%+30.9%+35.5%+25.2%—
Gross margin51.5%51.1%48.9%48.4%48.4%47.7%48.7%49.5%48.6%49.8%49.6%52.6%51.0%50.6%50.0%47.0%45.5%45.2%41.1%
Operating margin21.8%20.0%15.2%17.6%16.5%16.7%17.6%21.0%19.3%18.5%17.1%20.8%20.8%21.4%20.8%19.5%16.2%20.5%10.4%
Net margin15.6%14.6%9.3%11.8%9.7%7.5%6.2%9.1%7.2%5.3%3.5%6.9%−10.6%4.4%7.4%6.1%3.1%7.9%15.3%

Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.

Revenue to net income