EQIX Q2 2024 Earnings — Equinix, Inc. Revenue & Financial Results | Market Cap Arena

EQIXEquinix, Inc.

$94B

Q2 2024 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.2B+7.0% YoY

Gross Profit

$1.1B49.9% margin

Operating Income

$436M20.2% margin

Net Income

$301M13.9% margin

EPS (Diluted)

$3.16

QoQ Revenue Growth

+1.5%

Cash Flow

Operating Cash Flow

$912M

Free Cash Flow

$264M

Stock-Based Comp.

$125M

Balance Sheet

Total Assets

$32.9B

Total Liabilities

$20.6B

Stockholders' Equity

$12.3B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$2.0B	+7.0%
Gross Profit	$1.1B	$958M	+12.4%
Operating Income	$436M	$332M	+31.3%
Net Income	$301M	$207M	+45.4%