Equinix (EQIX) Cost of Revenue (2009 - 2026)

Equinix's Cost of Revenue history runs 18 years deep, the most recent figure standing at $241.0 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 5.24% year-over-year to $241.0 million; the TTM figure through Mar 2026 stood at $5.4 billion (up 747.0% YoY), while the FY2025 annual figure was $4.5 billion, up 405.95% from the prior year.
• Cost of Revenue was $241.0 million for Q1 2026 at Equinix, down from $3.8 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $3.8 billion in Q4 2025 to a low of -$2.4 billion in Q4 2024.
• Historically, Cost of Revenue has averaged $836.7 million across 5 years, with a median of $930.3 million in 2022.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue soared 1571.08% in 2022, then plunged 317.95% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $3.2 billion in 2022, then slumped by 65.57% to $1.1 billion in 2023, then slumped by 317.95% to -$2.4 billion in 2024, then surged by 261.3% to $3.8 billion in 2025, then sank by 93.72% to $241.0 million in 2026.
• The last three Cost of Revenue figures came in at $241.0 million (Q1 2026), $3.8 billion (Q4 2025), and $219.0 million (Q3 2025), per Business Quant data.