Equinix (EQIX) Depreciation and Depletion (2009 - 2025)
Equinix (EQIX) recorded Depreciation and Depletion of $449 million in Q2 2025, up 2.5% from $438 million a year earlier and up 4.2% from the prior quarter.
Powered by 
Analysis
Equinix (EQIX) Depreciation and Depletion (2009 - 2025) Analysis & Trends
On a TTM basis, Equinix's Depreciation and Depletion came in at $1.77 billion as of Jun 30, 2025, up 2.0% year-over-year; for FY2024, it came in at $1.8 billion, up 10.0% from FY2023.
- Annual Depreciation and Depletion has increased for 15 straight years, with a five-year compound annual growth rate of 10.6% (FY2019 to FY2024).
- Across earlier years, Depreciation and Depletion came in at $1.64 billion in FY2023 (+6.9%), $1.53 billion in FY2022 (+5.6%), $1.45 billion in FY2021 (+18.5%) and $1.22 billion in FY2020 (+12.5%).
- The Q2 2025 figure is the highest quarterly Depreciation and Depletion since Q1 2024.
- On a year-over-year basis, Depreciation and Depletion rose in seven of the last eight quarters, with growth averaging 6.1%.
- Peak year-over-year performance for Depreciation and Depletion in the last five years was growth of 21.8% in Q2 2021, against a decline of 9.1% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $431 million (Q1 2025), $445 million (Q4 2024) and $444 million (Q3 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,944.62 Bn | 3,880.11 Bn | 62.56 Bn | 11.10 Bn |
| 2 | International Business Machines | 231.10 Bn | 185.71 Bn | 9.71 Bn | 550.00 Mn |
| 3 | Equinix | 100.11 Bn | 88.01 Bn | 1.31 Bn | - |
| 4 | Cloudflare | 96.02 Bn | 78.46 Bn | 557.23 Mn | 55.70 Mn |
| 5 | Nebius | 31.44 Bn | 4.87 Bn | 448.70 Mn | 253.80 Mn |
| 6 | Verisign | 27.82 Bn | 25.17 Bn | 393.20 Mn | - |
| 7 | CoreWeave | 25.57 Bn | 12.66 Bn | 1.70 Bn | 1.40 Bn |
| 8 | Nutanix | 15.68 Bn | 7.37 Bn | 651.35 Mn | 16.30 Mn |
| 9 | GoDaddy | 14.30 Bn | 9.69 Bn | 843.00 Mn | - |
| 10 | Akamai Technologies | 12.01 Bn | 5.41 Bn | 613.75 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 449.00 Mn |
| Mar 31, 2025 | 431.00 Mn |
| Dec 31, 2024 | 445.00 Mn |
| Sep 30, 2024 | 444.00 Mn |
| Jun 30, 2024 | 438.00 Mn |
| Mar 31, 2024 | 474.00 Mn |
| Dec 31, 2023 | 411.00 Mn |
| Sep 30, 2023 | 411.00 Mn |
| Jun 30, 2023 | 410.00 Mn |
| Mar 31, 2023 | 405.00 Mn |
| Dec 31, 2022 | 386.52 Mn |
| Sep 30, 2022 | 378.32 Mn |
| Jun 30, 2022 | 381.40 Mn |
| Mar 31, 2022 | 385.77 Mn |
| Dec 31, 2021 | 376.05 Mn |
| Sep 30, 2021 | 368.58 Mn |
| Jun 30, 2021 | 364.56 Mn |
| Mar 31, 2021 | 341.62 Mn |
| Dec 31, 2020 | 327.25 Mn |
| Sep 30, 2020 | 310.47 Mn |
API Access
Equinix Depreciation and Depletion 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=depreciation-and-depletion&ticker=EQIX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=EQIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();