EQIX Q3 2024 Earnings — Equinix, Inc. Revenue & Financial Results | Market Cap Arena

EQIXEquinix, Inc.

$94B

Q3 2024 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.2B+6.8% YoY

Gross Profit

$1.1B50.1% margin

Operating Income

$425M19.3% margin

Net Income

$297M13.5% margin

EPS (Diluted)

$3.10

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$758M

Free Cash Flow

$34M

Stock-Based Comp.

$122M

Balance Sheet

Total Assets

$35.4B

Total Liabilities

$21.8B

Stockholders' Equity

$13.6B

Cash & Equivalents

$2.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$2.1B	+6.8%
Gross Profit	$1.1B	$992M	+11.2%
Operating Income	$425M	$381M	+11.5%
Net Income	$297M	$276M	+7.7%

Revenue Segments

Recurring Revenues

$2.1B94%

Non-Recurring Revenues

$142M6%

Geographic Segments

Americas

$958M44%

EMEA

$743M34%

Asia Pacific

$500M23%