Equinix (EQIX) Capital Expenditures (2009 - 2026)
Equinix's Capital Expenditures was $1.58 billion in Q2 2026, up 59.6% from $989 million a year earlier and up 25.6% from the prior quarter.
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Analysis
Equinix (EQIX) Capital Expenditures (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Equinix's Capital Expenditures was $5.41 billion through Jun 30, 2026, up 56.7% year-over-year; for FY2025, it was $4.31 billion, up 40.6% from FY2024.
- Capital Expenditures has now increased for three consecutive years, with a five-year compound annual growth rate of 13.6% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $3.07 billion in FY2024 (+10.2%), $2.78 billion in FY2023 (+22.1%), $2.28 billion in FY2022 (-17.2%) and $2.75 billion in FY2021 (+20.5%).
- The Q2 2026 figure marks the highest quarterly Capital Expenditures in data going back to Q3 2009.
- Compared with a year earlier, Capital Expenditures has increased for six straight quarters, with growth averaging 38.1% over the last eight quarters.
- The best year-over-year quarter for Capital Expenditures over five years was Q1 2026 (growth of 67.5%); the worst was Q2 2022 (a decline of 30.0%).
- Per Business Quant data, EQIX's Capital Expenditures in the three quarters before Q2 2026 was $1.26 billion (Q1 2026), $1.44 billion (Q4 2025) and $1.14 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,961.51 Bn | 3,884.67 Bn | 60.48 Bn | 35.80 Bn |
| 2 | International Business Machines | 215.03 Bn | 165.84 Bn | 9.91 Bn | 229.00 Mn |
| 3 | Cloudflare | 114.69 Bn | 98.22 Bn | 499.52 Mn | 49.96 Mn |
| 4 | Equinix | 98.17 Bn | 86.73 Bn | 1.40 Bn | 1.58 Bn |
| 5 | Nebius | 44.92 Bn | 18.35 Bn | 448.70 Mn | -5.66 Bn |
| 6 | CoreWeave | 36.20 Bn | 23.29 Bn | 1.70 Bn | 6.42 Bn |
| 7 | Verisign | 27.35 Bn | 24.56 Bn | 384.60 Mn | 18.80 Mn |
| 8 | Nutanix | 18.78 Bn | 10.46 Bn | 651.35 Mn | 37.44 Mn |
| 9 | GoDaddy | 13.53 Bn | 9.11 Bn | 828.20 Mn | 5.10 Mn |
| 10 | Akamai Technologies | 13.23 Bn | 6.64 Bn | 613.75 Mn | 144.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.58 Bn |
| Mar 31, 2026 | 1.26 Bn |
| Dec 31, 2025 | 1.44 Bn |
| Sep 30, 2025 | 1.14 Bn |
| Jun 30, 2025 | 989.00 Mn |
| Mar 31, 2025 | 750.00 Mn |
| Dec 31, 2024 | 987.00 Mn |
| Sep 30, 2024 | 724.00 Mn |
| Jun 30, 2024 | 648.00 Mn |
| Mar 31, 2024 | 707.00 Mn |
| Dec 31, 2023 | 996.00 Mn |
| Sep 30, 2023 | 617.00 Mn |
| Jun 30, 2023 | 638.00 Mn |
| Mar 31, 2023 | 530.00 Mn |
| Dec 31, 2022 | 827.92 Mn |
| Sep 30, 2022 | 552.73 Mn |
| Jun 30, 2022 | 484.83 Mn |
| Mar 31, 2022 | 412.52 Mn |
| Dec 31, 2021 | 817.41 Mn |
| Sep 30, 2021 | 678.28 Mn |
API Access
Equinix Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=EQIX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "EQIX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=EQIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();