Equinix (EQIX) Operating Expenses (2009 - 2026)

Equinix's Operating Expenses history runs 18 years deep, the most recent figure standing at $1.9 billion for Q1 2026.

• In Q1 2026, Operating Expenses rose 5.66% year-over-year to $1.9 billion; the TTM figure through Mar 2026 stood at $7.5 billion (up 0.61% YoY), while the FY2025 annual figure was $7.4 billion, down 0.69% from the prior year.
• Operating Expenses was $1.9 billion for Q1 2026 at Equinix, down from $2.0 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $2.2 billion in Q4 2024 to a low of $1.5 billion in Q1 2022.
• Historically, Operating Expenses has averaged $1.7 billion across 5 years, with a median of $1.8 billion in 2025.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses advanced 22.34% in 2024, then slipped 7.41% in 2025.
• A 5-year view of Operating Expenses shows it stood at $1.6 billion in 2022, then climbed by 11.01% to $1.8 billion in 2023, then advanced by 22.34% to $2.2 billion in 2024, then declined by 7.41% to $2.0 billion in 2025, then fell 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.