Equinix (EQIX) Total Debt (2009 - 2026)
Equinix's Total Debt was $22.63 billion in Q3 2026, up 37.1% from $16.51 billion a year earlier and up 14.9% from the prior quarter.
Analysis
Equinix (EQIX) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at Equinix came in at $18.23 billion, up 25.1% from FY2024.
- Total Debt has now increased for nine consecutive years, with a five-year compound annual growth rate of 14.5% (FY2020 to FY2025).
- In earlier years, Total Debt was $14.57 billion in FY2024 (+11.5%), $13.07 billion in FY2023 (+7.8%), $12.12 billion in FY2022 (+10.0%) and $11.02 billion in FY2021 (+19.1%).
- The Q3 2026 figure marks the highest quarterly Total Debt in data going back to Q4 2009.
- Compared with a year earlier, Total Debt has increased for 21 straight quarters, with growth averaging 21.7% over the last eight quarters.
- The year-over-year growth in Total Debt has ranged between 2.1% (Q1 2024) and 37.1% (Q3 2026) over the last five years.
- Per Business Quant data, EQIX's Total Debt in the three quarters before Q3 2026 was $19.7 billion (Q2 2026), $19.61 billion (Q1 2026) and $18.23 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 4,127.93 Bn | 4,063.42 Bn | 62.56 Bn | 35.48 Bn |
| 2 | International Business Machines | 240.37 Bn | 195.65 Bn | 9.71 Bn | 63.82 Bn |
| 3 | Equinix | 104.34 Bn | 92.23 Bn | 1.31 Bn | 22.63 Bn |
| 4 | Cloudflare | 85.96 Bn | 69.49 Bn | 499.52 Mn | 1.29 Bn |
| 5 | Nebius | 35.81 Bn | 9.24 Bn | 448.70 Mn | 8.55 Bn |
| 6 | Verisign | 28.56 Bn | 25.91 Bn | 393.20 Mn | 1.79 Bn |
| 7 | CoreWeave | 26.68 Bn | 13.77 Bn | 1.70 Bn | 3.66 Bn |
| 8 | Nutanix | 17.24 Bn | 8.92 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.49 Bn | 9.87 Bn | 843.00 Mn | 3.77 Bn |
| 10 | Akamai Technologies | 12.34 Bn | 5.75 Bn | 613.75 Mn | 1.71 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.63 Bn |
| Jun 30, 2026 | 19.70 Bn |
| Mar 31, 2026 | 19.61 Bn |
| Dec 31, 2025 | 18.23 Bn |
| Sep 30, 2025 | 16.51 Bn |
| Jun 30, 2025 | 17.23 Bn |
| Mar 31, 2025 | 15.10 Bn |
| Dec 31, 2024 | 14.57 Bn |
| Sep 30, 2024 | 14.59 Bn |
| Jun 30, 2024 | 13.69 Bn |
| Mar 31, 2024 | 12.98 Bn |
| Dec 31, 2023 | 13.07 Bn |
| Sep 30, 2023 | 12.95 Bn |
| Jun 30, 2023 | 12.68 Bn |
| Mar 31, 2023 | 12.72 Bn |
| Dec 31, 2022 | 12.12 Bn |
| Sep 30, 2022 | 12.02 Bn |
| Jun 30, 2022 | 12.11 Bn |
| Mar 31, 2022 | 10.99 Bn |
| Dec 31, 2021 | 11.02 Bn |
API Access
Equinix Total Debt 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=total-debt&ticker=EQIX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=EQIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();