Equinix (EQIX) Cash from Operations (2009 - 2026)
Equinix (EQIX) reported Cash from Operations of $1.24 billion for Q3 2026, up 22.6% from $1.01 billion a year earlier and up 16.5% from the prior quarter.
Equinix (EQIX) Cash from Operations (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Equinix's Cash from Operations came in at $4.17 billion, up 11.3% year-over-year; for FY2025, it was $3.91 billion, up 20.4% from FY2024.
- Cash from Operations has increased for 12 consecutive years, with a five-year compound annual growth rate of 11.1% (FY2020 to FY2025).
- By year, Cash from Operations came in at $3.25 billion in FY2024 (+1.0%), $3.22 billion in FY2023 (+8.6%), $2.96 billion in FY2022 (+16.3%) and $2.55 billion in FY2021 (+10.3%).
- The Q3 2026 figure ranks as the highest quarterly Cash from Operations in data going back to Q3 2009.
- Year over year, Cash from Operations gained in six of the last eight quarters, with growth averaging 14.0%.
- The high point for year-over-year Cash from Operations in five years was Q1 2022 (growth of 48.6%); the low point was Q4 2022 (a decline of 14.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.07 billion (Q2 2026), $717 million (Q1 2026) and $1.14 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,978.22 Bn | 3,913.71 Bn | 62.56 Bn | 58.00 Bn |
| 2 | International Business Machines | 234.30 Bn | 188.91 Bn | 9.71 Bn | 4.03 Bn |
| 3 | Equinix | 98.75 Bn | 86.64 Bn | 1.31 Bn | 1.24 Bn |
| 4 | Cloudflare | 87.20 Bn | 70.73 Bn | 499.52 Mn | 117.56 Mn |
| 5 | Nebius | 29.33 Bn | 2.76 Bn | 448.70 Mn | 2.25 Bn |
| 6 | Verisign | 28.15 Bn | 25.50 Bn | 393.20 Mn | 268.30 Mn |
| 7 | CoreWeave | 24.27 Bn | 11.36 Bn | 1.70 Bn | 679.00 Mn |
| 8 | Nutanix | 15.78 Bn | 7.47 Bn | 651.35 Mn | 315.01 Mn |
| 9 | GoDaddy | 15.07 Bn | 10.45 Bn | 843.00 Mn | 487.70 Mn |
| 10 | Akamai Technologies | 11.38 Bn | 4.78 Bn | 613.75 Mn | 326.27 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.24 Bn |
| Jun 30, 2026 | 1.07 Bn |
| Mar 31, 2026 | 717.00 Mn |
| Dec 31, 2025 | 1.14 Bn |
| Sep 30, 2025 | 1.01 Bn |
| Jun 30, 2025 | 944.00 Mn |
| Mar 31, 2025 | 809.00 Mn |
| Dec 31, 2024 | 981.00 Mn |
| Sep 30, 2024 | 758.00 Mn |
| Jun 30, 2024 | 912.00 Mn |
| Mar 31, 2024 | 598.00 Mn |
| Dec 31, 2023 | 999.00 Mn |
| Sep 30, 2023 | 785.00 Mn |
| Jun 30, 2023 | 741.00 Mn |
| Mar 31, 2023 | 692.00 Mn |
| Dec 31, 2022 | 760.01 Mn |
| Sep 30, 2022 | 820.29 Mn |
| Jun 30, 2022 | 801.58 Mn |
| Mar 31, 2022 | 581.12 Mn |
| Dec 31, 2021 | 892.11 Mn |
Equinix Cash from Operations 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=cash-from-operations&ticker=EQIX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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=cash-from-operations&ticker=EQIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();