Equinix (EQIX) Operating Expenses (2009 - 2026)
Equinix (EQIX) posted quarterly Operating Expenses of $2.0 billion for Q2 2026, up 11.24% year-over-year from $1.8 billion in Q2 2025, and up 4.98% quarter-over-quarter from $1.9 billion in Q1 2026.
Equinix (EQIX) Operating Expenses (2009 - 2026) Analysis & Trends
Equinix's Operating Expenses history runs 18 years deep, the most recent figure standing at $2.0 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 11.24% year-over-year to $2.0 billion; the TTM figure through Jun 2026 stood at $7.7 billion (up 2.73% YoY), while the FY2025 annual figure was $7.4 billion, down 0.69% from the prior year.
- Operating Expenses for Q2 2026 stood at $2.0 billion, up from $1.9 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.
- The 5-year median for Operating Expenses is $1.8 billion (2024), against an average of $1.7 billion.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses gained 22.34% in 2024, then decreased 7.41% in 2025.
- Equinix's Operating Expenses stood at $1.6 billion in 2022, then advanced by 11.01% to $1.8 billion in 2023, then gained by 22.34% to $2.2 billion in 2024, then dropped by 7.41% to $2.0 billion in 2025, then declined by 1.9% to $2.0 billion in 2026.
- Business Quant data shows EQIX's Operating Expenses at $2.0 billion in Q2 2026, $1.9 billion in Q1 2026, and $2.0 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.74 Bn | 104.52 Bn | 1.40 Bn | 1.96 Bn |
| 2 | American Tower | 82.05 Bn | 80.29 Bn | 2.72 Bn | 1.48 Bn |
| 3 | Digital Realty Trust | 68.79 Bn | 66.93 Bn | - | 1.46 Bn |
| 4 | Iron Mountain | 36.65 Bn | 36.44 Bn | 1.07 Bn | 1.66 Bn |
| 5 | Crown Castle | 32.67 Bn | 31.63 Bn | 989.00 Mn | 538.00 Mn |
| 6 | Sba Communications | 19.18 Bn | 19.18 Bn | 539.27 Mn | 363.41 Mn |
| 7 | Weyerhaeuser | 17.80 Bn | 17.27 Bn | 311.00 Mn | 116.00 Mn |
| 8 | Lamar Advertising | 15.33 Bn | 15.26 Bn | 422.53 Mn | 408.79 Mn |
| 9 | Gaming & Leisure Properties | 12.49 Bn | 12.49 Bn | - | 98.13 Mn |
| 10 | Rayonier | 6.43 Bn | 6.01 Bn | 75.67 Mn | 361.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.96 Bn |
| 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 |