Equinix (EQIX) Net Cash Flow (2009 - 2026)
Equinix (EQIX) posted Net Cash Flow of -$404.0 million for Q2 2026, down 2.8% on a QoQ basis from -$393.0 million in Q1 2026, and down 158.13% year-over-year from $695.0 million in Q2 2025.
Analysis
Equinix (EQIX) Net Cash Flow (2009 - 2026) Analysis & Trends
Equinix has reported Net Cash Flow for 18 years, with the latest figure at -$404.0 million in Q2 2026.
- On a quarterly basis, Net Cash Flow fell 158.13% year-over-year to -$404.0 million in Q2 2026; TTM through Jun 2026 was -$2.7 billion, a 261.37% decrease from a year earlier, with the FY2025 full-year figure at -$1.3 billion, down 225.7% from the prior year.
- Net Cash Flow was -$404.0 million for Q2 2026 at Equinix, down from -$393.0 million in the prior quarter.
- The five-year high for Net Cash Flow was $741.0 million in Q3 2024, with the low at -$1.5 billion in Q3 2025.
- Average Net Cash Flow over 5 years is -$22.3 million, with a median of -$44.5 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Net Cash Flow tumbled 487.88% in 2022, then soared 1352.94% in 2024.
- Over 5 years, Net Cash Flow stood at -$637.0 million in 2022, then surged by 52.28% to -$304.0 million in 2023, then surged by 214.47% to $348.0 million in 2024, then tumbled by 197.99% to -$341.0 million in 2025, then decreased by 18.48% to -$404.0 million in 2026.
- The last three Net Cash Flow figures came in at -$404.0 million (Q2 2026), -$393.0 million (Q1 2026), and -$341.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | -404.00 Mn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | -64.14 Mn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | 313.45 Mn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | 2.05 Bn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 26.02 Mn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | 1.41 Bn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | -123.48 Mn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | - |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | -3.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -404.00 Mn |
| Mar 31, 2026 | -393.00 Mn |
| Dec 31, 2025 | -341.00 Mn |
| Sep 30, 2025 | -1.52 Bn |
| Jun 30, 2025 | 695.00 Mn |
| Mar 31, 2025 | -140.00 Mn |
| Dec 31, 2024 | 348.00 Mn |
| Sep 30, 2024 | 741.00 Mn |
| Jun 30, 2024 | 472.00 Mn |
| Mar 31, 2024 | -526.00 Mn |
| Dec 31, 2023 | -304.00 Mn |
| Sep 30, 2023 | 51.00 Mn |
| Jun 30, 2023 | -255.00 Mn |
| Mar 31, 2023 | 712.00 Mn |
| Dec 31, 2022 | -637.01 Mn |
| Sep 30, 2022 | 645.81 Mn |
| Jun 30, 2022 | 294.75 Mn |
| Mar 31, 2022 | 153.45 Mn |
| Dec 31, 2021 | 164.23 Mn |
| Sep 30, 2021 | -423.27 Mn |