Equinix, Inc. EQIX
Equinix (Nasdaq: EQIX) stands as the world's foremost provider of digital infrastructure. We offer a trusted platform that empowers leading digital enterprises to seamlessly bring together and interconnect the essential technological components vital for their success. Modern businesses leverage Equinix to access the optimal environments, strategic collaborators, and vast opportunities needed to rapidly accelerate their competitive position. Through our services, companies can flexibly expand their operations, expedite the launch of new digital offerings, deliver exceptional customer experiences, and substantially increase their overall business worth.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-04-29) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $9.26B | $1.35B | $2.07B | $4.07B | $3.91B |
| 2024 | $8.75B | $815.00M | $2.01B | $3.44B | $3.25B |
| 2023 | $8.19B | $969.18M | $1.84B | $3.37B | $3.22B |
| 2022 | $7.26B | $704.35M | $1.74B | $2.92B | $2.96B |
| 2021 | $6.64B | $500.19M | $1.66B | $2.60B | $2.55B |
| 2020 | $6.00B | $369.78M | $1.42B | $2.35B | $2.31B |
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-05-20 | 2026-05-20 | 2026-06-17 | 2026-04-29 | $5.16 | Quarterly |
| 2026-02-25 | 2026-02-25 | 2026-03-18 | 2026-02-11 | $5.16 | Quarterly |
| 2025-11-19 | 2025-11-19 | 2025-12-17 | 2025-10-29 | $4.69 | Quarterly |
| 2025-08-20 | 2025-08-20 | 2025-09-17 | 2025-07-30 | $4.69 | Quarterly |
| 2025-05-21 | 2025-05-21 | 2025-06-18 | 2025-04-30 | $4.69 | Quarterly |
| 2025-02-26 | 2025-02-26 | 2025-03-19 | 2025-02-12 | $4.69 | Quarterly |
| 2024-11-13 | 2024-11-13 | 2024-12-11 | 2024-10-30 | $4.26 | Quarterly |
| 2024-08-21 | 2024-08-21 | 2024-09-18 | 2024-08-07 | $4.26 | Quarterly |
| 2024-05-21 | 2024-05-22 | 2024-06-19 | 2024-05-08 | $4.26 | Quarterly |
| 2024-02-27 | 2024-02-28 | 2024-03-20 | 2024-02-14 | $4.26 | Quarterly |
| 2023-11-14 | 2023-11-15 | 2023-12-13 | 2023-10-25 | $4.26 | Quarterly |
| 2023-08-22 | 2023-08-23 | 2023-09-20 | 2023-08-02 | $3.41 | Quarterly |
| 2023-05-23 | 2023-05-24 | 2023-06-21 | 2023-05-03 | $3.41 | Quarterly |
| 2023-03-06 | 2023-03-07 | 2023-03-22 | 2023-02-15 | $3.41 | Quarterly |
| 2022-11-15 | 2022-11-16 | 2022-12-14 | 2022-11-02 | $3.10 | Quarterly |
| 2022-08-16 | 2022-08-17 | 2022-09-21 | 2022-07-27 | $3.10 | Quarterly |
| 2022-05-17 | 2022-05-18 | 2022-06-15 | 2022-04-27 | $3.10 | Quarterly |
| 2022-03-04 | 2022-03-07 | 2022-03-23 | 2022-02-16 | $3.10 | Quarterly |
| 2021-11-16 | 2021-11-17 | 2021-12-15 | 2021-11-03 | $2.87 | Quarterly |
| 2021-08-17 | 2021-08-18 | 2021-09-22 | 2021-07-28 | $2.87 | Quarterly |
| 2021-05-18 | 2021-05-19 | 2021-06-16 | 2021-04-28 | $2.87 | Quarterly |
| 2021-02-23 | 2021-02-24 | 2021-03-17 | 2021-02-10 | $2.87 | Quarterly |
| 2020-11-17 | 2020-11-18 | 2020-12-09 | 2020-10-28 | $2.66 | Quarterly |
| 2020-08-18 | 2020-08-19 | 2020-09-23 | 2020-07-29 | $2.66 | Quarterly |
Coverage (payout of operating cash flow): 51.78%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.