Equinix (EQIX) Capital Expenditures (2009 - 2026)
Equinix's Capital Expenditures was $1.57 billion in Q3 2026, up 9.8% from $1.43 billion a year earlier but down 6.6% 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 $6.67 billion through Sep 30, 2026, up 54.9% year-over-year; for FY2025, it was $5.31 billion, up 55.9% from FY2024.
- Capital Expenditures has now increased for three consecutive years, with a five-year compound annual growth rate of 16.4% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $3.4 billion in FY2024 (+7.5%), $3.17 billion in FY2023 (+25.3%), $2.53 billion in FY2022 (-14.5%) and $2.95 billion in FY2021 (+19.0%).
- Quarterly Capital Expenditures has moved between $415.59 million (Q1 2022) and $2.04 billion (Q4 2025) over five years.
- Compared with a year earlier, Capital Expenditures has increased for seven straight quarters, with growth averaging 42.0% over the last eight quarters.
- The best year-over-year quarter for Capital Expenditures over five years was Q4 2025 (growth of 96.6%); the worst was Q1 2022 (a decline of 32.7%).
- Per Business Quant data, EQIX's Capital Expenditures in the three quarters before Q3 2026 was $1.68 billion (Q2 2026), $1.38 billion (Q1 2026) and $2.04 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,978.22 Bn | 3,913.71 Bn | 62.56 Bn | 39.37 Bn |
| 2 | International Business Machines | 234.30 Bn | 188.91 Bn | 9.71 Bn | 332.00 Mn |
| 3 | Equinix | 98.75 Bn | 86.64 Bn | 1.31 Bn | 1.57 Bn |
| 4 | Cloudflare | 87.20 Bn | 70.73 Bn | 499.52 Mn | 49.96 Mn |
| 5 | Nebius | 29.33 Bn | 2.76 Bn | 448.70 Mn | -5.66 Bn |
| 6 | Verisign | 28.15 Bn | 25.50 Bn | 393.20 Mn | 7.60 Mn |
| 7 | CoreWeave | 24.27 Bn | 11.36 Bn | 1.70 Bn | 6.42 Bn |
| 8 | Nutanix | 15.78 Bn | 7.47 Bn | 651.35 Mn | 37.44 Mn |
| 9 | GoDaddy | 15.07 Bn | 10.45 Bn | 843.00 Mn | 11.90 Mn |
| 10 | Akamai Technologies | 11.38 Bn | 4.78 Bn | 613.75 Mn | 144.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.57 Bn |
| Jun 30, 2026 | 1.68 Bn |
| Mar 31, 2026 | 1.38 Bn |
| Dec 31, 2025 | 2.04 Bn |
| Sep 30, 2025 | 1.43 Bn |
| Jun 30, 2025 | 1.07 Bn |
| Mar 31, 2025 | 767.00 Mn |
| Dec 31, 2024 | 1.04 Bn |
| Sep 30, 2024 | 886.00 Mn |
| Jun 30, 2024 | 756.00 Mn |
| Mar 31, 2024 | 724.00 Mn |
| Dec 31, 2023 | 1.23 Bn |
| Sep 30, 2023 | 730.00 Mn |
| Jun 30, 2023 | 638.00 Mn |
| Mar 31, 2023 | 570.00 Mn |
| Dec 31, 2022 | 1.04 Bn |
| Sep 30, 2022 | 559.30 Mn |
| Jun 30, 2022 | 515.09 Mn |
| Mar 31, 2022 | 415.59 Mn |
| Dec 31, 2021 | 824.39 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();