Equinix (EQIX) Current Leases (2009 - 2026)
Equinix's Current Leases was $176 million in Q2 2026, down 16.6% from $211 million a year earlier but up 1.7% from the prior quarter.
Analysis
Equinix (EQIX) Current Leases (2009 - 2026) Analysis & Trends
At the end of FY2025, Current Leases at Equinix came in at $168 million, down 11.1% from FY2024.
- Current Leases shows a five-year compound annual growth rate of 4.1% (FY2020 to FY2025).
- In earlier years, Current Leases was $189 million in FY2024 (+37.0%), $138 million in FY2023 (-8.9%), $151.42 million in FY2022 (+2.4%) and $147.84 million in FY2021 (+7.4%).
- Quarterly Current Leases has moved between $133 million (Q2 2024) and $211 million (Q2 2025) over five years.
- Compared with a year earlier, Current Leases has declined for four straight quarters, with growth averaging 13.1% over the last eight quarters.
- The best year-over-year quarter for Current Leases over five years was Q2 2025 (growth of 58.6%); the worst was Q3 2025 (a decline of 22.3%).
- Per Business Quant data, EQIX's Current Leases in the three quarters before Q2 2026 was $173 million (Q1 2026), $168 million (Q4 2025) and $157 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,780.05 Bn | 3,703.20 Bn | 60.48 Bn | - |
| 2 | International Business Machines | 207.28 Bn | 158.18 Bn | 9.91 Bn | - |
| 3 | Cloudflare | 113.42 Bn | 96.95 Bn | 499.52 Mn | - |
| 4 | Equinix | 100.18 Bn | 88.73 Bn | 1.40 Bn | 176.00 Mn |
| 5 | Nebius | 60.05 Bn | 33.49 Bn | 448.70 Mn | - |
| 6 | CoreWeave | 47.35 Bn | 34.44 Bn | 1.70 Bn | 7.00 Mn |
| 7 | Verisign | 25.30 Bn | 22.51 Bn | 384.60 Mn | - |
| 8 | Nutanix | 18.96 Bn | 10.65 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.57 Bn | 8.98 Bn | 613.75 Mn | - |
| 10 | DigitalOcean Holdings | 14.17 Bn | 12.17 Bn | 154.66 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 176.00 Mn |
| Mar 31, 2026 | 173.00 Mn |
| Dec 31, 2025 | 168.00 Mn |
| Sep 30, 2025 | 157.00 Mn |
| Jun 30, 2025 | 211.00 Mn |
| Mar 31, 2025 | 201.00 Mn |
| Dec 31, 2024 | 189.00 Mn |
| Sep 30, 2024 | 202.00 Mn |
| Jun 30, 2024 | 133.00 Mn |
| Mar 31, 2024 | 165.00 Mn |
| Dec 31, 2023 | 138.00 Mn |
| Sep 30, 2023 | 133.36 Mn |
| Jun 30, 2023 | 151.55 Mn |
| Mar 31, 2023 | 155.45 Mn |
| Dec 31, 2022 | 151.42 Mn |
| Sep 30, 2022 | 140.01 Mn |
| Jun 30, 2022 | 144.10 Mn |
| Mar 31, 2022 | 148.41 Mn |
| Dec 31, 2021 | 147.84 Mn |
| Sep 30, 2021 | 148.52 Mn |
API Access
Equinix Current Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-leases&ticker=EQIX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-leases", "ticker": "EQIX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-leases&ticker=EQIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();