EQIX Q3 2023 Earnings — Equinix, Inc. Revenue & Financial Results | Market Cap Arena

EQIXEquinix, Inc.

$94B

Q3 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.1B+12.0% YoY

Gross Profit

$992M48.1% margin

Operating Income

$381M18.5% margin

Net Income

$276M13.4% margin

EPS (Diluted)

$2.93

QoQ Revenue Growth

+2.1%

Cash Flow

Operating Cash Flow

$785M

Free Cash Flow

$168M

Stock-Based Comp.

$98M

Balance Sheet

Total Assets

$31.7B

Total Liabilities

$19.8B

Stockholders' Equity

$11.9B

Cash & Equivalents

$2.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$1.8B	+12.0%
Gross Profit	$992M	$906M	+9.5%
Operating Income	$381M	$333M	+14.4%
Net Income	$276M	$212M	+30.2%

Revenue Segments

Co-Location

$1.5B71%

Interconnection

$353M17%

Managed Infrastructure

$114M6%

Non-Recurring Revenues

$100M5%

Service, Other

$30M1%

Geographic Segments

Americas

$914M44%

EMEA

$709M34%

Asia Pacific

$439M21%