Equinix (EQIX) Research & Development (2009 - 2026)
Equinix (EQIX) posted Research & Development of $239.0 million for Q2 2026, down 0.83% on a QoQ basis from $241.0 million in Q1 2026, and up 8.14% year-over-year from $221.0 million in Q2 2025.
Analysis
Equinix (EQIX) Research & Development (2009 - 2026) Analysis & Trends
Equinix has reported Research & Development for 18 years, with the latest figure at $239.0 million in Q2 2026.
- On a quarterly basis, Research & Development rose 8.14% year-over-year to $239.0 million in Q2 2026; TTM through Jun 2026 was $933.0 million, a 4.13% increase from a year earlier, with the FY2025 full-year figure at $903.0 million, up 1.35% from the prior year.
- Research & Development was $239.0 million for Q2 2026 at Equinix, down from $241.0 million in the prior quarter.
- The five-year high for Research & Development was $241.0 million in Q1 2026, with the low at $192.5 million in Q1 2022.
- Average Research & Development over 5 years is $217.6 million, with a median of $218.0 million recorded in 2023.
- The largest YoY upside for Research & Development was 11.96% in 2025 against a maximum downside of 7.59% in 2025.
- Over 5 years, Research & Development stood at $207.7 million in 2022, then climbed by 4.49% to $217.0 million in 2023, then retreated by 3.69% to $209.0 million in 2024, then rose by 11.96% to $234.0 million in 2025, then advanced by 2.14% to $239.0 million in 2026.
- The last three Research & Development figures came in at $239.0 million (Q2 2026), $241.0 million (Q1 2026), and $234.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.22 Bn | 100.02 Bn | 1.40 Bn | 239.00 Mn |
| 2 | Terawulf | 8.24 Bn | 5.48 Bn | 32.37 Mn | - |
| 3 | Applied Digital | 7.59 Bn | 5.57 Bn | 97.29 Mn | - |
| 4 | Cipher Digital | 7.35 Bn | 3.35 Bn | 9.79 Mn | - |
| 5 | GDS Holdings | 6.47 Bn | 4.41 Bn | 97.89 Mn | -1.04 Mn |
| 6 | Core Scientific | 5.72 Bn | 3.78 Bn | 70.04 Mn | - |
| 7 | Vnet | 1.71 Bn | 828.02 Mn | 74.45 Mn | -11.08 Mn |
| 8 | Sify Technologies | 1.56 Bn | 1.56 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 758.96 Mn | 698.59 Mn | 18.88 Mn | - |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 239.00 Mn |
| Mar 31, 2026 | 241.00 Mn |
| Dec 31, 2025 | 234.00 Mn |
| Sep 30, 2025 | 219.00 Mn |
| Jun 30, 2025 | 221.00 Mn |
| Mar 31, 2025 | 229.00 Mn |
| Dec 31, 2024 | 209.00 Mn |
| Sep 30, 2024 | 237.00 Mn |
| Jun 30, 2024 | 219.00 Mn |
| Mar 31, 2024 | 226.00 Mn |
| Dec 31, 2023 | 217.00 Mn |
| Sep 30, 2023 | 212.00 Mn |
| Jun 30, 2023 | 216.00 Mn |
| Mar 31, 2023 | 210.00 Mn |
| Dec 31, 2022 | 207.67 Mn |
| Sep 30, 2022 | 193.09 Mn |
| Jun 30, 2022 | 193.73 Mn |
| Mar 31, 2022 | 192.51 Mn |
| Dec 31, 2021 | 189.80 Mn |
| Sep 30, 2021 | 183.00 Mn |