KPIs & Operating Metrics(New)
Growth Metrics

Equinix (EQIX) Operating Expenses (2009 - 2026)

Equinix's quarterly Operating Expenses came in at $1.9 billion in Q1 2026, up 5.66% year-on-year from $1.8 billion in Q1 2025, and down 6.56% quarter-over-quarter from $2.0 billion in Q4 2025.

Equinix has reported Operating Expenses for 18 years, with the latest figure at $1.9 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 5.66% year-over-year to $1.9 billion; the trailing twelve-month figure through Mar 2026 stood at $7.5 billion (up 0.61% YoY), and the FY2025 full-year result was $7.4 billion, down 0.69% from the prior year.
  • Operating Expenses for Q1 2026 stood at $1.9 billion, down from $2.0 billion in the prior quarter.
  • The five-year high for Operating Expenses was $2.2 billion in Q4 2024, with the low at $1.5 billion in Q1 2022.
  • Average Operating Expenses over 5 years is $1.7 billion, with a median of $1.8 billion recorded in 2025.
  • Year-over-year, Operating Expenses grew 22.34% in 2024 and declined 7.41% in 2025.
  • Tracing EQIX's Operating Expenses over 5 years: stood at $1.6 billion in 2022, then grew by 11.01% to $1.8 billion in 2023, then climbed by 22.34% to $2.2 billion in 2024, then fell by 7.41% to $2.0 billion in 2025, then retreated by 6.56% to $1.9 billion in 2026.
  • The last three Operating Expenses figures came in at $1.9 billion (Q1 2026), $2.0 billion (Q4 2025), and $1.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Equinix 106.10 Bn 103.07 Bn 2.20 Bn 1.87 Bn
2 American Tower 85.70 Bn 92.20 Bn 2.70 Bn 1.50 Bn
3 Digital Realty Trust 67.00 Bn 66.16 Bn - 1.37 Bn
4 Crown Castle 40.17 Bn 40.12 Bn 984.00 Mn 545.00 Mn
5 Iron Mountain 37.80 Bn 37.83 Bn 1.05 Bn 1.54 Bn
6 Sba Communications 21.99 Bn 22.08 Bn 532.10 Mn 128.53 Mn
7 Weyerhaeuser 16.98 Bn 16.68 Bn 318.00 Mn 120.00 Mn
8 Lamar Advertising 15.51 Bn 15.46 Bn 403.56 Mn 399.87 Mn
9 Gaming & Leisure Properties 13.46 Bn 13.86 Bn - 86.64 Mn
10 OUTFRONT Media 5.85 Bn 5.81 Bn 202.10 Mn 373.70 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 1.87 Bn
Dec 31, 2025 2.00 Bn
Sep 30, 2025 1.84 Bn
Jun 30, 2025 1.76 Bn
Mar 31, 2025 1.77 Bn
Dec 31, 2024 2.16 Bn
Sep 30, 2024 1.78 Bn
Jun 30, 2024 1.72 Bn
Mar 31, 2024 1.76 Bn
Dec 31, 2023 1.76 Bn
Sep 30, 2023 1.68 Bn
Jun 30, 2023 1.69 Bn
Mar 31, 2023 1.61 Bn
Dec 31, 2022 1.59 Bn
Sep 30, 2022 1.51 Bn
Jun 30, 2022 1.50 Bn
Mar 31, 2022 1.47 Bn
Dec 31, 2021 1.46 Bn
Sep 30, 2021 1.39 Bn
Jun 30, 2021 1.38 Bn
Mar 31, 2021 1.30 Bn
Dec 31, 2020 1.34 Bn
Sep 30, 2020 1.23 Bn
Jun 30, 2020 1.19 Bn
Mar 31, 2020 1.19 Bn
Dec 31, 2019 1.10 Bn
Sep 30, 2019 1.11 Bn
Jun 30, 2019 1.09 Bn
Mar 31, 2019 1.08 Bn
Dec 31, 2018 1.04 Bn
Sep 30, 2018 1.02 Bn
Jun 30, 2018 1.05 Bn
Mar 31, 2018 990.00 Mn
Dec 31, 2017 968.18 Mn
Sep 30, 2017 927.40 Mn
Jun 30, 2017 881.53 Mn
Mar 31, 2017 782.31 Mn
Dec 31, 2016 758.19 Mn
Sep 30, 2016 754.74 Mn
Jun 30, 2016 748.86 Mn
Mar 31, 2016 731.47 Mn
Dec 31, 2015 594.59 Mn
Sep 30, 2015 545.77 Mn
Jun 30, 2015 526.45 Mn
Mar 31, 2015 491.73 Mn
Dec 31, 2014 510.30 Mn
Sep 30, 2014 485.31 Mn
Jun 30, 2014 480.46 Mn
Mar 31, 2014 458.44 Mn
Dec 31, 2013 439.69 Mn
Sep 30, 2013 427.89 Mn
Jun 30, 2013 412.91 Mn
Mar 31, 2013 411.35 Mn
Dec 31, 2012 403.36 Mn
Sep 30, 2012 391.99 Mn
Jun 30, 2012 355.15 Mn
Mar 31, 2012 342.50 Mn
Dec 31, 2011 335.01 Mn
Sep 30, 2011 330.77 Mn
Jun 30, 2011 320.03 Mn
Mar 31, 2011 291.72 Mn
Dec 31, 2010 267.76 Mn
Sep 30, 2010 278.32 Mn
Jun 30, 2010 255.87 Mn
Mar 31, 2010 200.67 Mn
Dec 31, 2009 191.77 Mn
Sep 30, 2009 182.00 Mn
Jun 30, 2009 172.14 Mn