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

Equinix's (EQIX) quarterly Cost of Revenue came in at $1.2 billion in Q1 2026, up 9.41% year-on-year from $1.1 billion in Q1 2025, and down 1.0% quarter-over-quarter from $1.2 billion in Q4 2025.

Equinix (EQIX) Cost of Revenue (2009 - 2026) Analysis & Trends

Equinix's Cost of Revenue history runs 18 years deep, the most recent figure standing at $1.2 billion for Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 9.41% year-over-year to $1.2 billion in Q1 2026; TTM through Mar 2026 was $4.6 billion, a 3.36% increase from a year earlier, with the FY2025 full-year figure at $4.5 billion, up 0.92% from the prior year.
  • Cost of Revenue eased to $1.2 billion in Q1 2026 per EQIX's latest filing, from $1.2 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $1.2 billion in Q4 2025 and bottomed at $915.9 million in Q1 2022.
  • The 5-year median for Cost of Revenue is $1.1 billion (2025), against an average of $1.1 billion.
  • Across the five-year window, Cost of Revenue rose 14.37% in 2023 and fell 0.64% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $970.2 million in 2022, then advanced by 12.55% to $1.1 billion in 2023, then grew by 9.52% to $1.2 billion in 2024, then advanced by 0.17% to $1.2 billion in 2025, then slipped by 1.0% to $1.2 billion in 2026.
  • Per Business Quant, the three latest EQIX Cost of Revenue figures stand at $1.2 billion (Q1 2026), $1.2 billion (Q4 2025), and $1.1 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Equinix 103.05 Bn 99.99 Bn 1.26 Bn 1.19 Bn
2 American Tower 77.66 Bn 77.54 Bn 2.70 Bn 38.50 Mn
3 Digital Realty Trust 67.48 Bn 65.06 Bn - -
4 Iron Mountain 37.71 Bn 37.46 Bn 1.05 Bn 889.80 Mn
5 Crown Castle 32.38 Bn 32.33 Bn 23.00 Mn 26.00 Mn
6 Sba Communications 18.28 Bn 18.28 Bn 532.10 Mn 39.42 Mn
7 Weyerhaeuser 17.26 Bn 16.96 Bn 318.00 Mn 1.41 Bn
8 Lamar Advertising 16.38 Bn 16.34 Bn 344.69 Mn 183.32 Mn
9 Gaming & Leisure Properties 12.82 Bn 12.82 Bn - -
10 OUTFRONT Media 5.65 Bn 5.58 Bn 202.10 Mn 227.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.19 Bn
Mar 31, 2026 1.19 Bn
Dec 31, 2025 1.20 Bn
Dec 31, 2025 1.20 Bn
Sep 30, 2025 1.14 Bn
Sep 30, 2025 1.14 Bn
Jun 30, 2025 1.08 Bn
Jun 30, 2025 1.08 Bn
Mar 31, 2025 1.08 Bn
Mar 31, 2025 1.08 Bn
Dec 31, 2024 1.20 Bn
Dec 31, 2024 1.20 Bn
Sep 30, 2024 1.10 Bn
Sep 30, 2024 1.10 Bn
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