EQIX Q4 2025 Earnings — Equinix, Inc. Revenue & Financial Results | Market Cap Arena

EQIXEquinix, Inc.

$94B

Q4 2025 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.4B+8.0% YoY

Gross Profit

$1.2B50.9% margin

Operating Income

$422M17.3% margin

Net Income

$265M10.9% margin

EPS (Diluted)

$2.69

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

-$292M

Stock-Based Comp.

$128M

Balance Sheet

Total Assets

$40.1B

Total Liabilities

$26.0B

Stockholders' Equity

$14.2B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$2.3B	+8.0%
Gross Profit	$1.2B	$1.1B	+16.8%
Operating Income	$422M	$103M	+309.7%
Net Income	$265M	-$14M	+1992.9%

Revenue Segments

Recurring Revenues

$2.3B95%

Non-Recurring Revenues

$126M5%

Geographic Segments

Americas

$1.1B44%

EMEA

$836M35%

Asia Pacific

$513M21%