Equinix, Inc. (EQIX)

From the record

Equinix, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Equinix, Inc.'s 7 filed years say what it did: revenue went from $5.6 billion in fiscal 2019 to $9.2 billion in fiscal 2025, up 8.8% a year; it rose in 6 of 6 years; it never fell from a peak; net income was positive in 7 of 7 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Equinix, Inc.'s diluted share count grew about 2.2% a year, and dividends and buybacks returned about 47% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 383 sales (348 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-09 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Equinix, Inc. earned about 10 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 12 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 65 cents per dollar of assets, and net share issuance: its share count grew 2.4% over the year (the filed statements).

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Equinix, Inc.'s standing among 157 graded names in its industry family: revenue of $9.2 billion in fiscal 2025 ranks in the top 2% by size; a net margin of 14.6% ranks in the top 49%; revenue growth of 8.3% a year over the last 3 filed years ranks in the top 36% (its annual reports).

From the record

Equinix, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Fox-Martin, Adaire (CEO and President, as filed), filing under that title since 2024-06-04, 2.4 years (bottom 16% of its family); the 18 officers and directors filing in the last fifteen months have been on the record a median of 5.8 years (bottom 23%); 14 officer or director changes were reported on Form 8-K since 2023-11-13, against the 18 people in charge now (bottom 10%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Equinix, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $1.7 billion against no long-term debt tagged leaves 4.3% of its assets as net cash, top 10% of its family; cash from operations less capital spending is -4.3% of revenue (bottom 8%); a gross margin of 51.1% (bottom 32%) (its annual report).

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Equinix, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 8.3% a year over the last three filed years against 8.8% over all 7, slowing (top 43% of its family); the newest year grew 5.4% (top 37%); capital spending grew 23.7% a year (top 28%) (its annual reports). Equinix, Inc. reported 3 lines of business in fiscal 2025: Americas at $4.1 billion (45%), EMEA at $3.1 billion (34%), Asia Pacific at $2.0 billion (21%); 3 of 3 grew against the year before (its annual report).

From the record

Equinix, Inc.'s newest year against its own record: revenue of $9.2 billion in fiscal 2025 came in 4% below the $9.6 billion its prior three years' pace pointed to (bottom 37% of its family); net income of $1.4 billion against a prior three-year average of $830 million (top 28%); a net margin of 14.6% against 10.3% before (top 35%) (its annual reports).