Equinix (EQIX) Operating Leases (2010 - 2026)
Equinix (EQIX) posted Operating Leases of $1.4 billion for Q2 2026, down 3.53% on a QoQ basis from $1.4 billion in Q1 2026, and down 11.0% year-over-year from $1.5 billion in Q2 2025.
Analysis
Equinix (EQIX) Operating Leases (2010 - 2026) Analysis & Trends
Equinix has reported Operating Leases for 12 years, with the latest figure at $1.4 billion in Q2 2026.
- On a quarterly basis, Operating Leases fell 11.0% year-over-year to $1.4 billion in Q2 2026; TTM through Jun 2026 was $1.4 billion, a 11.0% decrease from a year earlier, with the FY2025 full-year figure at $1.3 billion, down 2.03% from the prior year.
- Operating Leases was $1.4 billion for Q2 2026 at Equinix, down from $1.4 billion in the prior quarter.
- The five-year high for Operating Leases was $1.5 billion in Q2 2023, with the low at $1.2 billion in Q1 2022.
- Average Operating Leases over 5 years is $1.4 billion, with a median of $1.4 billion recorded in 2024.
- The largest YoY upside for Operating Leases was 14.96% in 2022 against a maximum downside of 13.82% in 2022.
- Over 5 years, Operating Leases stood at $1.3 billion in 2022, then rose by 4.57% to $1.3 billion in 2023, then changed by 0.0% to $1.3 billion in 2024, then fell by 2.03% to $1.3 billion in 2025, then increased by 4.83% to $1.4 billion in 2026.
- The last three Operating Leases figures came in at $1.4 billion (Q2 2026), $1.4 billion (Q1 2026), and $1.3 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.37 Bn |
| Mar 31, 2026 | 1.42 Bn |
| Dec 31, 2025 | 1.30 Bn |
| Sep 30, 2025 | 1.49 Bn |
| Jun 30, 2025 | 1.54 Bn |
| Mar 31, 2025 | 1.53 Bn |
| Dec 31, 2024 | 1.33 Bn |
| Sep 30, 2024 | 1.52 Bn |
| Jun 30, 2024 | 1.41 Bn |
| Mar 31, 2024 | 1.42 Bn |
| Dec 31, 2023 | 1.33 Bn |
| Sep 30, 2023 | 1.54 Bn |
| Jun 30, 2023 | 1.54 Bn |
| Mar 31, 2023 | 1.38 Bn |
| Dec 31, 2022 | 1.27 Bn |
| Sep 30, 2022 | 1.36 Bn |
| Jun 30, 2022 | 1.43 Bn |
| Mar 31, 2022 | 1.21 Bn |
| Dec 31, 2021 | 1.11 Bn |
| Sep 30, 2021 | 1.30 Bn |