Equinix (EQIX) Operating Income (2009 - 2026)
Equinix's Operating Income came in at $600 million for Q3 2026, up 26.6% from $474 million a year earlier but down 9.8% from the prior quarter.
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Analysis
Equinix (EQIX) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Equinix reported Operating Income of $2.26 billion, up 48.1% year-over-year; for FY2025, it came in at $1.85 billion, up 39.2% from FY2024.
- Operating Income carries a five-year compound annual growth rate of 11.9% (FY2020 to FY2025).
- Going back by year, Operating Income was $1.33 billion in FY2024 (-8.0%), $1.44 billion in FY2023 (+20.3%), $1.2 billion in FY2022 (+8.3%) and $1.11 billion in FY2021 (+5.2%).
- The five-year range for quarterly Operating Income is $103 million (Q4 2024) to $665 million (Q2 2026).
- Year-over-year, Operating Income has increased for seven consecutive quarters, with growth averaging 47.2% over the last eight quarters.
- The fastest year-over-year change in Operating Income over five years came in Q4 2025 (growth of 309.7%), and the weakest in Q4 2024 (a decline of 70.2%).
- Business Quant data shows EQIX's Operating Income at $665 million (Q2 2026), $577 million (Q1 2026) and $422 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,978.22 Bn | 3,913.71 Bn | 62.56 Bn | 45.92 Bn |
| 2 | International Business Machines | 234.30 Bn | 188.91 Bn | 9.71 Bn | 2.72 Bn |
| 3 | Equinix | 98.75 Bn | 86.64 Bn | 1.31 Bn | 600.00 Mn |
| 4 | Cloudflare | 87.20 Bn | 70.73 Bn | 499.52 Mn | -205.70 Mn |
| 5 | Nebius | 29.33 Bn | 2.76 Bn | 448.70 Mn | -175.90 Mn |
| 6 | Verisign | 28.15 Bn | 25.50 Bn | 393.20 Mn | 296.50 Mn |
| 7 | CoreWeave | 24.27 Bn | 11.36 Bn | 1.70 Bn | -49.00 Mn |
| 8 | Nutanix | 15.78 Bn | 7.47 Bn | 651.35 Mn | 69.99 Mn |
| 9 | GoDaddy | 15.07 Bn | 10.45 Bn | 843.00 Mn | 362.50 Mn |
| 10 | Akamai Technologies | 11.38 Bn | 4.78 Bn | 613.75 Mn | 80.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 600.00 Mn |
| Jun 30, 2026 | 665.00 Mn |
| Mar 31, 2026 | 577.00 Mn |
| Dec 31, 2025 | 422.00 Mn |
| Sep 30, 2025 | 474.00 Mn |
| Jun 30, 2025 | 494.00 Mn |
| Mar 31, 2025 | 458.00 Mn |
| Dec 31, 2024 | 103.00 Mn |
| Sep 30, 2024 | 425.00 Mn |
| Jun 30, 2024 | 436.00 Mn |
| Mar 31, 2024 | 364.00 Mn |
| Dec 31, 2023 | 346.00 Mn |
| Sep 30, 2023 | 381.00 Mn |
| Jun 30, 2023 | 332.00 Mn |
| Mar 31, 2023 | 384.00 Mn |
| Dec 31, 2022 | 281.67 Mn |
| Sep 30, 2022 | 333.16 Mn |
| Jun 30, 2022 | 317.85 Mn |
| Mar 31, 2022 | 267.32 Mn |
| Dec 31, 2021 | 249.73 Mn |
API Access
Equinix Operating Income 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=operating-income&ticker=EQIX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=EQIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();