Equinix, Inc. (EQIX) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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EQIX Revenue Growth
Revenue Breakdown (FY 2025)
EQIX's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
EQIX Revenue Analysis (2014–2025)
As of May 6, 2026, Equinix, Inc. (EQIX) generated trailing twelve-month (TTM) revenue of $9.46 billion, reflecting solid growth of +9.8% year-over-year. The most recent quarter (Q1 2026) recorded $2.44 billion in revenue, up 0.1% sequentially.
Looking at the longer-term picture, EQIX's 5-year compound annual growth rate (CAGR) stands at +9.1%, indicating steady revenue expansion. The company achieved its highest annual revenue of $9.26 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows EQIX's business is primarily driven by Recurring Revenues (95%), and Non-Recurring Revenues (5%). With over half of revenue concentrated in Recurring Revenues, the company maintains significant focus in this area while developing other growth vectors.
When compared to Real Estate sector peers including DLR (+11.4% YoY), AMT (+2.7% YoY), and CCI (-22.9% YoY), EQIX has underperformed the peer group in terms of revenue growth. Compare EQIX vs DLR →
EQIX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| EQIXCurrent | $9.5B | +9.8% | +9.1% | 20.0% | |
 DLR | $6.1B | +11.4% | +9.4% | 10.8% | |
 AMT | $10.6B | +2.7% | +5.8% | 45.8% | |
 CCI | $4.3B | -22.9% | -6.1% | 48.7% | |
 SBAC | $2.8B | +6.3% | +6.2% | 48.7% | |
 IRM | $6.9B | +15.6% | +10.7% | 20.4% |
EQIX Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $9.26B | +5.9% | $4.75B | 51.3% | $1.85B | 20.0% |
| 2024 | $8.75B | +6.8% | $4.28B | 48.9% | $1.33B | 15.2% |
| 2023 | $8.19B | +12.7% | $3.96B | 48.4% | $1.44B | 17.6% |
| 2022 | $7.26B | +9.5% | $3.51B | 48.4% | $1.20B | 16.5% |
| 2021 | $6.64B | +10.6% | $3.16B | 47.7% | $1.11B | 16.7% |
| 2020 | $6.00B | +7.8% | $2.92B | 48.7% | $1.05B | 17.6% |
| 2019 | $5.56B | +9.7% | $2.75B | 49.5% | $1.17B | 21.0% |
| 2018 | $5.07B | +16.1% | $2.47B | 48.6% | $977.4M | 19.3% |
| 2017 | $4.37B | +20.9% | $2.18B | 49.8% | $809.0M | 18.5% |
| 2016 | $3.61B | +32.5% | $1.79B | 49.6% | $618.7M | 17.1% |
Full EQIX Stock Analysis
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Start ComparisonEQIX — Frequently Asked Questions
Quick answers to the most common questions about buying EQIX stock.
Is EQIX's revenue growth accelerating or slowing?
EQIX maintains +9.8% revenue growth, in line with its 5-year CAGR of +9.1%. TTM revenue stands at $9.5B. Growth rate remains consistent with historical average.
What is EQIX's long-term revenue growth rate?
Equinix, Inc.'s 5-year revenue CAGR of +9.1% reflects the sustained expansion pattern. Current YoY growth of +9.8% is near this long-term average.
How is EQIX's revenue distributed by segment?
EQIX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.