Equinix (EQIX) Operating Income (2009 - 2026)
Equinix's Operating Income came in at $665 million for Q2 2026, up 34.6% from $494 million a year earlier and up 15.3% from the prior quarter.
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Analysis
Equinix (EQIX) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Equinix reported Operating Income of $2.14 billion, up 44.5% 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 Q2 2026 figure represents the highest quarterly Operating Income in data going back to Q2 2009.
- Year-over-year, Operating Income has increased for six consecutive quarters, with growth averaging 45.3% 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 $577 million (Q1 2026), $422 million (Q4 2025) and $474 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,961.51 Bn | 3,884.67 Bn | 60.48 Bn | 40.60 Bn |
| 2 | International Business Machines | 215.03 Bn | 165.84 Bn | 9.91 Bn | 2.62 Bn |
| 3 | Cloudflare | 114.69 Bn | 98.22 Bn | 499.52 Mn | -205.70 Mn |
| 4 | Equinix | 98.17 Bn | 86.73 Bn | 1.40 Bn | 665.00 Mn |
| 5 | Nebius | 44.92 Bn | 18.35 Bn | 448.70 Mn | -175.90 Mn |
| 6 | CoreWeave | 36.20 Bn | 23.29 Bn | 1.70 Bn | -49.00 Mn |
| 7 | Verisign | 27.35 Bn | 24.56 Bn | 384.60 Mn | 296.30 Mn |
| 8 | Nutanix | 18.78 Bn | 10.46 Bn | 651.35 Mn | 69.99 Mn |
| 9 | GoDaddy | 13.53 Bn | 9.11 Bn | 828.20 Mn | 342.50 Mn |
| 10 | Akamai Technologies | 13.23 Bn | 6.64 Bn | 613.75 Mn | 80.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 282.12 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();