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Growth Metrics

Equinix (EQIX) Cost of Revenue (2016 - 2025)

Equinix (EQIX) has 17 years of Cost of Revenue data on record, last reported at $234.0 million in Q4 2025.

  • For Q4 2025, Cost of Revenue rose 11.96% year-over-year to $234.0 million; the TTM value through Dec 2025 reached $903.0 million, down 48.58%, while the annual FY2025 figure was $903.0 million, 1.35% up from the prior year.
  • Cost of Revenue reached $234.0 million in Q4 2025 per EQIX's latest filing, up from -$644.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $3.6 billion in Q4 2023 and bottomed at -$644.0 million in Q3 2025.
  • Average Cost of Revenue over 5 years is $835.4 million, with a median of $235.5 million recorded in 2024.
  • The widest YoY moves for Cost of Revenue: up 394.98% in 2025, down 371.73% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $1.5 billion in 2021, then skyrocketed by 112.36% to $3.2 billion in 2022, then grew by 13.19% to $3.6 billion in 2023, then plummeted by 94.18% to $209.0 million in 2024, then increased by 11.96% to $234.0 million in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $234.0 million in Q4 2025, -$644.0 million in Q3 2025, and $1.1 billion in Q2 2025.