EQIXEquinix, Inc.

$94B

Q2 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.0B+11.1% YoY

Gross Profit

$958M47.5% margin

Operating Income

$332M16.4% margin

Net Income

$207M10.3% margin

EPS (Diluted)

$2.21

QoQ Revenue Growth

+1.0%

Cash Flow

Operating Cash Flow

$741M

Free Cash Flow

$103M

Stock-Based Comp.

$104M

Balance Sheet

Total Assets

$31.6B

Total Liabilities

$19.5B

Stockholders' Equity

$12.0B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.8B	+11.1%
Gross Profit	$958M	$887M	+8.0%
Operating Income	$332M	$318M	+4.5%
Net Income	$207M	$216M	-4.3%

Revenue Segments

Co-Location

$1.4B71%

Interconnection

$347M17%

Managed Infrastructure

$112M6%

Non-Recurring Revenues

$101M5%

Service, Other

$35M2%

Geographic Segments

Americas

$890M44%

EMEA

$687M34%

Asia Pacific

$442M22%

EQIX Q2 2023 Earnings — Equinix, Inc. Revenue & Financial Results | Market Cap Arena