Equinix, Inc. (EQIX)

Nasdaq: EQIX · Real Estate Investment Trusts · Redwood City, CA · filing with the SEC since 1999

Grade5.8

◀ Past 6.6● Present 5.4▶ Future 5.7

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 11, 2026	Feb 12, 2025	Feb 16, 2024	Feb 17, 2023	Feb 18, 2022	Feb 19, 2021	Feb 21, 2020	Feb 22, 2019	Feb 26, 2018	Feb 27, 2017
Revenue	9,217,000	8,748,000	8,188,000^r	7,263,000^r	6,635,537	5,998,545	5,562,140	5,071,654	4,368,428	3,611,989
Cost of revenue	4,508,000	4,467,000	4,228,000^r	3,751,000^r	3,472,422	3,074,340	2,810,184	2,605,475	2,193,149	1,820,870
Sales and marketing	903,000	891,000	855,000^r	787,000^r	741,232	718,356	651,046	633,702	581,724	438,742
General and administrative	1,840,000	1,766,000	1,654,000^r	1,499,000^r	1,301,797	1,090,981	935,018	826,694	745,906	694,561
Total costs and expenses	7,369,000	7,420,000	6,745,000^r	6,063,000^r	5,527,375	4,945,617	4,392,509	4,094,271	3,559,414	2,993,250
Operating income	1,848,000	1,328,000	1,443,000^r	1,200,000^r	1,108,162	1,052,928	1,169,631	977,383	809,014	618,739
Interest expense	527,000	457,000	402,000	356,000	336,082	406,466	479,684	521,494	478,698	392,156
Interest and investment income	193,000	137,000	94,000^r	36,000^r	2,644	8,654	27,697	14,482	13,075	3,476
Share of profit of equity-method investments	-17,000	-24,000	-12,000^r	-9,000^r	·	·	·	·	·	·
Other income (expense), net	-7,000	-17,000	-11,000^r	-51,000^r	-50,647	6,913	27,778	14,044	9,213	-57,924
Income before income taxes	1,508,000	975,000	1,124,000^r	829,000^r	608,952	516,225	692,597	433,038	286,832	159,859
Income tax expense	160,000	161,000	155,000^r	124,000^r	109,224	146,151	185,352	67,679	53,850	45,451
Income from continuing operations	·	·	·	·	·	·	·	365,359	232,982	114,408
Income from discontinued operations	·	·	·	·	·	·	·	0	0	12,392
Net income including non-controlling interests	1,348,000	814,000	969,000^r	705,000^r	499,728	370,074	507,245	365,359	232,982	126,800
Net income to non-controlling interests	-2,000	-1,000	0^r	0^r	-463	297	-205	0	0	·
Net income	1,350,000	815,000	969,000^r	705,000^r	500,191	369,777	507,450	365,359	232,982	126,800
Earnings per share, basic	13.79	8.54	10.35	7.69	5.57	4.22	6.03	4.58	3.03	1.81
Earnings per share, diluted	13.76	8.50	10.31	7.67	5.53	4.18	5.99	4.56	3.00	1.79
Weighted average shares, basic	97,883	95,457	93,615	91,569	89,772	87,700	84,140	79,779	76,854	70,117
Weighted average shares, diluted	98,123	95,827	94,009	91,828	90,409	88,410	84,679	80,197	77,535	70,816

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keeps

us-gaap:IncomeLossFromContinuingOperations
us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton EQIX · research, not advice