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EQIX

Equinix

Real EstateREITsS&P 500
Ticker EQIXREDWOOD CITY, CAFiscal year ends DecemberBook value per share $145.37Diluted shares 98.9M

Equinix, Inc. (Nasdaq: EQIX) provides carrier-neutral colocation, interconnection and managed infrastructure services through data centers that enable businesses to house IT equipment and connect with networks, cloud providers, partners and customers. Its customers include telecommunications and network providers,… From the company’s description.

In fiscal 2025, Equinix reported revenue of $9.22B, up 5.4% from fiscal 2024, and net income of $1.35B. Its operating margin was 20.0%, and operations generated $3.91B in cash. Over the twelve months to Jun 30, 2026, revenue was $9.80B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$9.22BFY2025
+5.4% year over year
Last 12 mo $9.80B
20.05%FY2025
+4.9 percentage points
Last 12 mo 21.81%
$1.35BFY2025
+65.6% year over year
Last 12 mo $1.53B
10.25%FY2025
+2.3 percentage points
Last 12 mo 10.66%
Cash & financing
$3.91BFY2025
+20.4% year over year
Last 12 mo $3.94B
$-400.00MFY2025
−318.6% year over year
Last 12 mo $-1.46B
1.50FY2025
Was 1.29× a year earlier
Last 12 mo 1.53
98.1MFY2025
+2.4% year over year
Last 12 mo 98.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Equinix does

In the company’s own words

Equinix, Inc. (Nasdaq: EQIX) provides carrier-neutral colocation, interconnection and managed infrastructure services through data centers that enable businesses to house IT equipment and connect with networks, cloud providers, partners and customers. Its customers include telecommunications and network providers, cloud and IT services companies, digital media and content providers, financial services firms and enterprises across industries. Offerings include IBX data centers for colocation, xScale facilities for hyperscale workloads, and services such as Equinix Fabric, Cross Connects, Internet Exchange, Network Edge and Smart Hands. Equinix operates three reportable geographic segments: Americas, EMEA and Asia-Pacific. As of December 31, 2025, it operated 280 data centers in 77 markets across 36 countries and served more than 10,500 customers worldwide; it had 13,716 employees. Its business builds on a network-neutral, multi-tenant data center model established at its founding in 1998, with the xScale platform extending its services to hyperscale companies through joint ventures. Its website is www.equinix.com.

Company details
Sector
Real Estate
Industry (SIC)
REITs
Headquarters
REDWOOD CITY, CA
Fiscal year end
December
CIK
1101239
SIC
6798

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.27B$1.75B$4.77B$7.79B$10.81B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Equinix — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

902
funds hold it
1 of 35
superinvestors hold it
$37.34B
held by funds, at market
35.7%
of shares held by funds
24
bond issues held by funds

Superinvestors in Equinix · what they did last quarter

Stanley DruckenmillerNEW
Duquesne Family Office
0.4%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Equinix’s weight in each

VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.14%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.16%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.16%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.16%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Equinix’s bonds, as funds hold them

Funds report holding 24 issues of Equinix’s debt, $2.35B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.52%, maturing 2026 to 2052.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Equinix and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Equinix's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Equinix's last four quarterly filings that the numbers alone won't show?”
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