EQIXEquinix, Inc.

$94B

Q2 2025 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.3B+4.5% YoY

Gross Profit

$1.2B52.0% margin

Operating Income

$494M21.9% margin

Net Income

$368M16.3% margin

EPS (Diluted)

$3.75

QoQ Revenue Growth

+1.4%

Cash Flow

Operating Cash Flow

$944M

Free Cash Flow

-$45M

Stock-Based Comp.

$127M

Balance Sheet

Total Assets

$38.8B

Total Liabilities

$24.7B

Stockholders' Equity

$14.1B

Cash & Equivalents

$3.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.3B	$2.2B	+4.5%
Gross Profit	$1.2B	$1.1B	+8.8%
Operating Income	$494M	$436M	+13.3%
Net Income	$368M	$301M	+22.3%

Revenue Segments

Recurring Revenues

$2.1B95%

Non-Recurring Revenues

$113M5%

Geographic Segments

Americas

$1.0B45%

EMEA

$767M34%

Asia Pacific

$485M21%

EQIX Q2 2025 Earnings — Equinix, Inc. Revenue & Financial Results | Market Cap Arena