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    Equinix Inc (EQIX)

    Official site

    REAL ESTATE • REIT - SPECIALTY • NASDAQ

    $967.65
    +12.62 (+1.32%)

    Market Cap: $94.23B

    Last updated: Oct 27, 2026 at 10:40 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    49%(19/39)
    Avg Surprise
    -3.15%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$3.96
    Range$3.52 - $4.37
    6 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$4.36-9.1%
    60d ago$4.14-4.4%
    30d ago$4.04-1.9%
    7d ago$3.960.0%
    Current$3.96
    Revenue Consensus
    $2.6B
    Range$2.5B - $2.6B
    26 analysts
    Period ending Dec 31, 2026
    EPS Consensus$4.62
    Range$4.03 - $4.90
    4 analysts
    Revenue Consensus
    $2.6B
    Range$2.6B - $2.9B
    31 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$4.62---
    Sep 26EST
    -$3.96---
    Jun 26
    Reported Jul 29
    $11.78$10.14+16.17%Beat+210.8%
    Mar 26
    Reported Apr 29
    $4.17$4.33-3.70%Miss+16.2%
    Dec 25
    Reported Feb 11
    $3.37$3.88-13.14%Miss+13.5%
    Sep 25
    Reported Oct 29
    $3.89$3.43+13.41%Beat+25.5%
    Jun 25
    Reported Jul 30
    $3.79$3.44+10.17%Beat+19.9%
    Mar 25
    Reported Apr 30
    $3.59$2.97+20.88%Beat+47.7%
    Dec 24
    Reported Feb 12
    $2.97$2.74+8.39%Beat+23.8%
    Sep 24
    Reported Oct 30
    $3.10$2.96+4.73%Beat+5.8%
    Jun 24
    Reported Aug 7
    $3.16$2.70+17.04%Beat+43.0%
    Mar 24
    Reported May 8
    $2.43$2.64-7.95%Miss-12.3%
    Dec 23
    Reported Feb 14
    $2.40$2.17+10.60%Beat+72.7%
    Sep 23
    Reported Oct 25
    $2.93$2.15+36.28%Beat+27.4%
    Jun 23
    Reported Aug 2
    $2.21$2.11+4.74%Beat-6.8%
    Mar 23
    Reported May 3
    $2.77$2.17+27.65%Beat+71.0%
    Dec 22
    Reported Feb 15
    $1.39$1.72-19.19%Miss+2.2%
    Sep 22
    Reported Nov 2
    $2.30$1.79+28.49%Beat+36.9%
    Jun 22
    Reported Jul 27
    $2.37$1.83+29.51%Beat+211.8%
    Mar 22
    Reported Apr 27
    $1.62$1.62+0.00%Beat-6.9%
    Dec 21
    Reported Feb 16
    $1.36$1.41-3.55%Miss+138.6%
    Sep 21
    Reported Nov 3
    $1.68$1.60+5.00%Beat+127.0%
    Jun 21
    Reported Jul 28
    $0.76N/A-58.70%Miss-50.0%
    Mar 21
    Reported Apr 28
    $1.74$1.75-0.57%Miss+26.1%
    Dec 20
    Reported Feb 10
    $0.57N/A-62.00%Miss-61.0%
    Sep 20
    Reported Oct 28
    $0.74N/A-56.73%Miss-47.5%
    Jun 20
    Reported Jul 29
    $1.52$1.63-6.75%Miss-10.1%
    Mar 20
    Reported May 6
    $1.38$1.81-23.76%Miss-4.2%
    Dec 19
    Reported Feb 12
    $1.46$1.57-7.01%Miss+7.4%
    Sep 19
    Reported Oct 30
    $1.41$1.67-15.57%Miss-9.0%
    Jun 19
    Reported Jul 31
    $1.69$1.57+7.64%Beat+98.8%
    Mar 19
    Reported May 1
    $1.44$1.45-0.69%Miss+82.3%
    Dec 18
    Reported Feb 13
    $1.36$1.21+12.40%Beat+65.9%
    Sep 18
    Reported Nov 1
    $1.55$1.01+53.47%Beat+52.0%
    Jun 18
    Reported Aug 8
    $0.85$0.94-9.57%Miss+46.6%
    Mar 18
    Reported May 2
    $0.79$1.05-24.76%Miss+38.6%
    Dec 17
    Reported Feb 14
    $0.82$1.22-32.79%Miss-4.7%
    Sep 17
    Reported Nov 1
    $1.02$1.20-15.00%Miss-
    Jun 17
    Reported Aug 2
    $0.58$1.14-49.12%Miss-
    Mar 17
    Reported Apr 26
    $0.57$0.88-35.23%Miss-
    Dec 16
    Reported Feb 15
    $0.86$0.74+16.22%Beat-

    Dividends

    Dividend Metrics

    Forward Yield2.13%
    Forward Annual Dividend$20.64
    Payout Ratio50.47%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+14.80%
    5Y CAGR+12.01%

    Key Metrics

    Valuation
    P/E Ratio41.69EV/EBITDA26.77x
    Price/FCF-36.95xFCF Yield-2.71%
    Profitability
    Profit Margin15.50%Operating Margin27.00%
    ROE10.70%ROIC5.04%
    Financial Health
    Debt/Equity1.60xInterest Coverage3.70x
    Current Ratio1.13xQuick Ratio1.13x
    Trading Statistics
    Beta0.97Avg Volume509.91K
    52-Week High$1118.6552-Week Low$709.79

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$983.10
    SMA 20$1003.41
    SMA 50$1027.76
    SMA 200$1001.12
    EMA 10$981.55
    EMA 20$996.70
    EMA 50$1016.87
    EMA 200$988.46

    MACD

    Line: -17.37Signal: -12.60Hist: -4.77

    ADX

    ADX: 25.3+DI: 14.9-DI: 30.6

    Aroon & PSAR

    Aroon Up4.0
    Aroon Down92.0
    PSAR$997.98

    Bollinger Bands

    Upper Band$1056.34
    Lower Band$950.49
    %B Position1055%(Upper)
    Band Width0.16

    RSI (14-Day)

    Neutral
    39.4

    Momentum Oscillators

    Stoch %K23.2
    Stoch %D25.1
    Williams %R-67.7
    ROC (10d)-6.3%
    Momentum-64.95
    CCI (20d)-119.7
    MFI (14d)30.6

    Volatility Measures

    ATR (14d)$29.08(3.0%)
    StdDev (20d)26.46
    Hist Vol24.9%(Moderate)

    Volume Flow

    VWAP$963.15
    OBV-3.7M
    AD Line-239.4M
    CMF (20d)0.151

    Volume Metrics

    Avg Vol (20d)511.8K
    Vol Ratio1.4x
    VWMA (20d)$997.89

    Pivot Points

    R3$983.90
    R2$970.45
    R1$962.74
    Pivot Point$949.29
    S1$941.58
    S2$928.13
    S3$920.42

    Advanced Oscillators

    TSI-19.51
    Ultimate Osc52.8
    KST-41.85

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$2.63B$2.44B$2.42B$2.32B$2.26B$2.23B$2.26B$2.20B$2.16B$2.13B$4.11B$2.06B
    Cost of Revenue$1.23B$1.19B$1.20B$1.14B$1.08B$1.08B$1.20B$1.10B$1.08B$1.09B$2.10B$1.07B
    Gross Profit$1.40B$1.26B$1.22B$1.17B$1.17B$1.14B$1.06B$1.10B$1.08B$1.04B$2.01B$992.00M
    Operating Expenses$730.00M$681.00M$800.00M$700.00M$678.00M$683.00M$962.00M$678.00M$641.00M$672.00M$1.27B$611.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$462.00M$444.00M$481.00M$470.00M$451.00M$438.00M$451.00M$434.00M$437.00M$444.00M$844.00M$404.00M
    Operating Income$665.00M$577.00M$422.00M$474.00M$494.00M$458.00M$103.00M$425.00M$436.00M$364.00M$730.00M$381.00M
    Interest Income$36.00M$41.00M$41.00M$53.00M$52.00M$47.00M$49.00M$35.00M$29.00M$24.00M$0$23.00M
    Interest Expense$150.00M$148.00M$142.00M$128.00M$134.00M$122.00M$141.00M$117.00M$110.00M$105.00M$538.00M$102.00M
    Income Before Tax$523.00M$471.00M$312.00M$399.00M$405.00M$392.00M$0$350.00M$348.00M$277.00M$192.00M$296.00M
    Income Tax Expense$46.00M$56.00M$48.00M$25.00M$38.00M$49.00M$14.00M$54.00M$47.00M$46.00M$98.00M$20.00M
    Net Income$477.00M$415.00M$264.00M$374.00M$367.00M$343.00M$-14,000,000$296.00M$301.00M$231.00M$486.00M$276.00M
    EBITDA$1.19B$1.12B$964.00M$1.11B$989.00M$947.00M$594.00M$1.03B$913.00M$889.00M$1.35B$843.00M
    EBIT$637.00M$578.00M$413.00M$474.00M$487.00M$467.00M$92.00M$432.00M$429.00M$358.00M$728.00M$375.00M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $22.42M
    Gov Obligations / Revenue
    0.2%
    Obligations YoY
    58.8%
    Active Awards
    20
    New Awards (TTM)
    5
    Avg Remaining Term
    11.8 mo

    Top agency: Department of Homeland Security at 86.5% of trailing twelve month obligations across 9 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    70B04C25F00000512Department of Homeland SecurityU.S. Customs and Border Protection$11.98MAug 16, 2025
    70RCSJ25FR0000039Department of Homeland SecurityOffice of Procurement Operations$2.68MSep 29, 2025
    31310025F0091Nuclear Regulatory CommissionNuclear Regulatory Commission$1.30MSep 26, 2025
    9531BM26F0025National Transportation Safety BoardNational Transportation Safety Board$132203Jun 1, 2026
    33314526F00531584Smithsonian InstitutionSmithsonian Institution$118200Dec 12, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    EQIX Valuation and Fair Value

    P/E
    41.7x
    Forward P/E
    52.1x
    EV/EBITDA
    26.8x
    P/FCF
    -37.0x
    PEG
    3.0x
    P/B
    6.6x
    See GNG's fair value

    EQIX Profitability: Margins, ROIC and FCF

    Gross margin
    51.5%
    Operating margin
    27.0%
    Net margin
    15.5%
    ROIC
    5.0%
    ROE
    10.7%
    FCF margin
    -26.3%
    FCF yield
    -2.7%

    EQIX Analyst Ratings

    Consensus
    Buy
    Analysts
    34
    Strong Buy
    5
    Buy
    23
    Hold
    6
    Sell
    0
    Strong Sell
    0

    EQIX Bull Case vs Bear Case

    Bull case

    • EQIX beat EPS estimates in 75.0% of its last 8 reported quarters.
    • EQIX grew quarterly revenue 16.7% year over year.
    • 82.4% of EQIX's analyst ratings are Buy or Strong Buy.

    Bear case

    • EQIX trades at 41.7x trailing earnings.

    EQIX Earnings: Beat Rate and Next Report

    Beat rate
    6 of 8 quarters (75.0%)
    Average surprise
    7.1%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $3.96
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    EQIX Dividend

    Forward yield
    2.1%
    Payout ratio
    50.5%
    3Y DPS growth
    14.8%
    5Y DPS growth
    12.0%
    Pay months
    Mar, Jun, Sep, Dec
    EQIX dividend history

    Frequently Asked Questions About EQIX

    What is EQIX's current dividend yield?

    Equinix Inc (EQIX) has a forward dividend yield of 2.13%.

    Does EQIX pay dividends?

    Yes, Equinix Inc pays dividends with a forward dividend yield of 2.13%.

    What is EQIX's P/E ratio?

    Equinix Inc has a price-to-earnings (P/E) ratio of 41.69.

    What is EQIX's market cap?

    Equinix Inc (EQIX) has a market capitalization of $94.23B with a current stock price of $967.65.

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