Equinix (EQIX) Cost of Revenue (2009 - 2026)
Equinix's quarterly Cost of Revenue came in at $241.0 million in Q1 2026, up 5.24% year-on-year from $229.0 million in Q1 2025, and down 93.72% quarter-over-quarter from $3.8 billion in Q4 2025.
Equinix has reported Cost of Revenue for 18 years, with the latest figure at $241.0 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 5.24% year-over-year to $241.0 million; the trailing twelve-month figure through Mar 2026 stood at $5.4 billion (up 747.0% YoY), and the FY2025 full-year result was $4.5 billion, up 405.95% from the prior year.
- Cost of Revenue for Q1 2026 stood at $241.0 million, down from $3.8 billion in the prior quarter.
- The five-year high for Cost of Revenue was $3.8 billion in Q4 2025, with the low at -$2.4 billion in Q4 2024.
- Average Cost of Revenue over 5 years is $836.7 million, with a median of $930.3 million recorded in 2022.
- Year-over-year, Cost of Revenue surged 1571.08% in 2022 and plunged 317.95% in 2024.
- Tracing EQIX's Cost of Revenue over 5 years: stood at $3.2 billion in 2022, then sank by 65.57% to $1.1 billion in 2023, then sank by 317.95% to -$2.4 billion in 2024, then soared by 261.3% to $3.8 billion in 2025, then plunged 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | 241.00 Mn |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 38.50 Mn |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | - |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | 26.00 Mn |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | 889.80 Mn |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | 39.42 Mn |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | 1.41 Bn |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 192.37 Mn |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | - |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn | 227.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 241.00 Mn |
| Mar 31, 2026 | 241.00 Mn |
| Dec 31, 2025 | 3.84 Bn |
| Dec 31, 2025 | 3.84 Bn |
| Sep 30, 2025 | 219.00 Mn |
| Sep 30, 2025 | 219.00 Mn |
| Jun 30, 2025 | 1.08 Bn |
| Jun 30, 2025 | 1.08 Bn |
| Mar 31, 2025 | 229.00 Mn |
| Mar 31, 2025 | 229.00 Mn |
| Dec 31, 2024 | -2.38 Bn |
| Dec 31, 2024 | -2.38 Bn |
| Sep 30, 2024 | 237.00 Mn |
| Sep 30, 2024 | 237.00 Mn |
| Jun 30, 2024 | 1.08 Bn |
| Jun 30, 2024 | 1.08 Bn |
| Mar 31, 2024 | 1.09 Bn |
| Mar 31, 2024 | 1.09 Bn |
| Dec 31, 2023 | 1.09 Bn |
| Dec 31, 2023 | 1.09 Bn |
| Sep 30, 2023 | 212.00 Mn |
| Sep 30, 2023 | 212.00 Mn |
| Jun 30, 2023 | 1.06 Bn |
| Jun 30, 2023 | 1.06 Bn |
| Mar 31, 2023 | 1.01 Bn |
| Mar 31, 2023 | 1.01 Bn |
| Dec 31, 2022 | 3.17 Bn |
| Dec 31, 2022 | 3.17 Bn |
| Sep 30, 2022 | 193.09 Mn |
| Sep 30, 2022 | 193.09 Mn |
| Jun 30, 2022 | 930.26 Mn |
| Jun 30, 2022 | 930.26 Mn |
| Mar 31, 2022 | 915.88 Mn |
| Mar 31, 2022 | 915.88 Mn |
| Dec 31, 2021 | 189.80 Mn |
| Dec 31, 2021 | 189.80 Mn |
| Sep 30, 2021 | 885.65 Mn |
| Sep 30, 2021 | 885.65 Mn |
| Jun 30, 2021 | 865.12 Mn |
| Jun 30, 2021 | 865.12 Mn |
| Mar 31, 2021 | 182.83 Mn |
| Mar 31, 2021 | 182.83 Mn |
| Dec 31, 2020 | 830.74 Mn |
| Dec 31, 2020 | 830.74 Mn |
| Sep 30, 2020 | 767.98 Mn |
| Sep 30, 2020 | 767.98 Mn |
| Jun 30, 2020 | 739.34 Mn |
| Jun 30, 2020 | 739.34 Mn |
| Mar 31, 2020 | 180.45 Mn |
| Mar 31, 2020 | 180.45 Mn |
| Dec 31, 2019 | -1.43 Bn |
| Dec 31, 2019 | -1.43 Bn |
| Sep 30, 2019 | 161.57 Mn |
| Sep 30, 2019 | 161.57 Mn |
| Jun 30, 2019 | 698.18 Mn |
| Jun 30, 2019 | 698.18 Mn |
| Mar 31, 2019 | 682.03 Mn |
| Mar 31, 2019 | 682.03 Mn |
| Dec 31, 2018 | 670.94 Mn |
| Dec 31, 2018 | 670.94 Mn |
| Sep 30, 2018 | 660.31 Mn |
| Sep 30, 2018 | 660.31 Mn |
| Jun 30, 2018 | 154.20 Mn |
| Jun 30, 2018 | 154.20 Mn |
| Mar 31, 2018 | 622.43 Mn |
| Mar 31, 2018 | 622.43 Mn |
| Dec 31, 2017 | 1.77 Bn |
| Dec 31, 2017 | 1.77 Bn |
| Sep 30, 2017 | 582.36 Mn |
| Sep 30, 2017 | 582.36 Mn |
| Jun 30, 2017 | 522.20 Mn |
| Jun 30, 2017 | 522.20 Mn |
| Mar 31, 2017 | 468.96 Mn |
| Mar 31, 2017 | 468.96 Mn |
| Dec 31, 2016 | 1.50 Bn |
| Dec 31, 2016 | 1.50 Bn |
| Sep 30, 2016 | 110.94 Mn |
| Sep 30, 2016 | 110.94 Mn |
| Jun 30, 2016 | 456.97 Mn |
| Jun 30, 2016 | 456.97 Mn |
| Mar 31, 2016 | 427.68 Mn |
| Mar 31, 2016 | 427.68 Mn |
| Dec 31, 2015 | 351.97 Mn |
| Dec 31, 2015 | 351.97 Mn |
| Sep 30, 2015 | 83.71 Mn |
| Sep 30, 2015 | 83.71 Mn |
| Jun 30, 2015 | 81.25 Mn |
| Jun 30, 2015 | 81.25 Mn |
| Mar 31, 2015 | 298.31 Mn |
| Mar 31, 2015 | 298.31 Mn |
| Dec 31, 2014 | -588.33 Mn |
| Dec 31, 2014 | -588.33 Mn |
| Sep 30, 2014 | 72.19 Mn |
| Sep 30, 2014 | 72.19 Mn |
| Jun 30, 2014 | 292.86 Mn |
| Jun 30, 2014 | 292.86 Mn |
| Mar 31, 2014 | 67.43 Mn |
| Mar 31, 2014 | 67.43 Mn |
| Dec 31, 2013 | 269.74 Mn |
| Dec 31, 2013 | 269.74 Mn |
| Sep 30, 2013 | 268.96 Mn |
| Sep 30, 2013 | 268.96 Mn |
| Jun 30, 2013 | 59.48 Mn |
| Jun 30, 2013 | 59.48 Mn |
| Mar 31, 2013 | 58.28 Mn |
| Mar 31, 2013 | 58.28 Mn |
| Dec 31, 2012 | -492.37 Mn |
| Dec 31, 2012 | -492.37 Mn |
| Sep 30, 2012 | 250.95 Mn |
| Sep 30, 2012 | 250.95 Mn |
| Jun 30, 2012 | 47.60 Mn |
| Jun 30, 2012 | 47.60 Mn |
| Mar 31, 2012 | 46.41 Mn |
| Mar 31, 2012 | 46.41 Mn |
| Dec 31, 2011 | -454.23 Mn |
| Dec 31, 2011 | -454.23 Mn |
| Sep 30, 2011 | 42.88 Mn |
| Sep 30, 2011 | 42.88 Mn |
| Jun 30, 2011 | 37.06 Mn |
| Jun 30, 2011 | 37.06 Mn |
| Mar 31, 2011 | 33.64 Mn |
| Mar 31, 2011 | 33.64 Mn |
| Dec 31, 2010 | -78.96 Mn |
| Dec 31, 2010 | -78.96 Mn |
| Sep 30, 2010 | 31.21 Mn |
| Sep 30, 2010 | 31.21 Mn |
| Jun 30, 2010 | 28.91 Mn |
| Jun 30, 2010 | 28.91 Mn |
| Mar 31, 2010 | 133.05 Mn |
| Mar 31, 2010 | 133.05 Mn |
| Dec 31, 2009 | 437.11 Mn |
| Dec 31, 2009 | 437.11 Mn |
| Sep 30, 2009 | 126.01 Mn |
| Sep 30, 2009 | 126.01 Mn |
| Jun 30, 2009 | 118.53 Mn |
| Jun 30, 2009 | 118.53 Mn |