KPIs & Operating Metrics(New)
Growth Metrics

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 🔒
DateValue
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