EQIX · XBRL financial data

Equinix financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (EQIX's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	5,999	—	—	—	—	—
Revenue from contracts with customers	5,999	6,636	7,263	8,188	8,748	9,217
Cost of revenue	3,074	3,472	3,752	4,228	4,467	4,508
General and administrative	1,091	1,302	1,499	1,654	1,766	1,840
Operating income (loss)	1,053	1,108	1,201	1,443	1,328	1,848
Interest income	9	3	36	94	137	193
Interest expense	406	336	356	402	457	527
Other income (expense)	7	(51)	(51)	(11)	(17)	(7)
Income tax expense (benefit)	146	109	125	155	161	160
Net income (loss)	370	500	704	969	815	1,350
Earnings per share, basic USD per share	4.22	5.57	7.69	10.35	8.54	13.79
Earnings per share, diluted USD per share	4.18	5.53	7.67	10.31	8.50	13.76
Weighted average shares, basic millions of shares	88	90	92	94	95	98
Weighted average shares, diluted millions of shares	88	90	92	94	96	98

Fiscal years (EQIX's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	1,605	1,536	1,906	2,096	3,081	1,727
Short-term investments	5	0	—	0	527	1,500
Accounts receivable	677	682	855	1,004	949	1,001
Total current assets	2,609	2,957	3,305	3,568	5,447	5,125
Property and equipment, net	14,503	15,446	16,650	18,601	19,249	23,584
Right-of-use asset	1,475	1,282	1,428	1,449	1,419	1,392
Goodwill	5,473	5,372	5,654	5,737	5,504	5,984
Total assets	27,007	27,919	30,311	32,651	35,085	40,141
Accounts payable	78	84	116	162	133	127
Current portion of long-term debt	—	—	—	998	1,199	1,299
Total current liabilities	2,025	1,606	1,838	3,162	3,349	3,893
Lease liability, non-current	1,309	1,107	1,273	1,331	1,331	1,304
Total liabilities	16,373	17,037	18,805	20,137	21,533	25,963
Retained earnings	1,760	2,260	2,965	3,934	4,749	6,099
Total stockholders' equity	10,634	10,882	11,506	12,489	13,528	14,156
Total liabilities and equity	27,007	27,919	30,311	32,651	35,085	40,141
Common shares outstanding (cover page) millions of shares	89	91	93	95	97	98

Fiscal years (EQIX's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	370	500	704	969	815	1,350
Stock-based compensation	295	364	404	408	462	498
Depreciation and amortization	1,423	1,656	1,736	1,845	2,009	2,050
Net cash from operating activities	2,310	2,547	2,963	3,217	3,249	3,911
Net cash from investing activities	(3,427)	(3,007)	(3,363)	(3,224)	(3,937)	(6,484)
Proceeds from issuing common stock	1,981	498	796	734	1,673	99
Dividends paid	948	1,043	1,151	1,374	1,643	1,856
Net cash from financing activities	816	414	857	211	1,723	1,272
Net change in cash	(261)	(76)	359	188	986	(1,258)

SIC 6798 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6798 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Equinix	2,362	2,571	1,243*	99.0M	Q3 FY26 10-QSep 30, 2026
Prologis	2,273	2,388	not reported	950.5M	Q3 FY26 10-QSep 30, 2026
Welltower	2,275	3,121	1,003*	733.6M	Q3 FY26 10-QSep 30, 2026
Digital Realty Trust	803	1,902	not reported	378.3M	Q3 FY26 10-QSep 30, 2026
American Tower	1,872	203	1,393*	463.8M	Q3 FY26 10-QSep 30, 2026
Blackstone Real Estate Income Trust	1,405	1,861	740*	3.5B	Q2 FY26 10-QJun 30, 2026
Realty Income	369	1,622	926*	951.0M	Q3 FY26 10-QSep 30, 2026
Simon Property Group	1,019	1,791	1,196*	not reported	Q2 FY26 10-QJun 30, 2026
Crown Castle	133	29	not reported	425.5M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.