Equinix (EQIX) Operating Income (2009 - 2026)
Equinix (EQIX) posted Operating Income of $665.0 million for Q2 2026, up 15.25% on a QoQ basis from $577.0 million in Q1 2026, and up 34.62% year-over-year from $494.0 million in Q2 2025.
Analysis
Equinix (EQIX) Operating Income (2009 - 2026) Analysis & Trends
Equinix has reported Operating Income for 18 years, with the latest figure at $665.0 million in Q2 2026.
- On a quarterly basis, Operating Income rose 34.62% year-over-year to $665.0 million in Q2 2026; TTM through Jun 2026 was $2.1 billion, a 44.46% increase from a year earlier, with the FY2025 full-year figure at $1.8 billion, up 39.16% from the prior year.
- Operating Income was $665.0 million for Q2 2026 at Equinix, up from $577.0 million in the prior quarter.
- The five-year high for Operating Income was $665.0 million in Q2 2026, with the low at $103.0 million in Q4 2024.
- Average Operating Income over 5 years is $392.3 million, with a median of $382.5 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Income sank 70.23% in 2024, then jumped 309.71% in 2025.
- Over 5 years, Operating Income stood at $281.7 million in 2022, then grew by 22.84% to $346.0 million in 2023, then tumbled by 70.23% to $103.0 million in 2024, then surged by 309.71% to $422.0 million in 2025, then surged by 57.58% to $665.0 million in 2026.
- The last three Operating Income figures came in at $665.0 million (Q2 2026), $577.0 million (Q1 2026), and $422.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 665.00 Mn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | -140.45 Mn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | -78.54 Mn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | -124.82 Mn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 64.73 Mn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | -78.47 Mn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | 33.79 Mn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | 11.79 Mn |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | -9.26 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | -9.64 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 |