To the full analysis
Equinix stock: growth
EQIXEquinix reported $9.26B in revenue for fiscal 2025, up 5.9% on the prior year, up 9.1% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
20.1%
per year from 2006 to 2025, per share 12.5%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 9.1% | 13.0% | 20.1% |
| Revenue per share | 6.7% | 7.2% | 12.5% |
| Earnings | 29.6% | 21.8% | no data |
| Earnings per share | 26.7% | 15.5% | no data |
| Free cash flow | no data | no data | no data |
| Free cash flow per share | no data | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $286.92M | −$6.4M | −$86.88M |
| 2007 | $419.44M | −$5.19M | −$417.32M |
| 2008 | $704.68M | $131.54M | −$203.57M |
| 2009 | $882.51M | $69.43M | −$14.05M |
| 2010 | $1.22B | $36.88M | −$201.39M |
| 2011 | $1.61B | $94M | −$126.13M |
| 2012 | $1.9B | $144.67M | −$132.47M |
| 2013 | $2.15B | $94.69M | $32.2M |
| 2014 | $2.44B | −$259.55M | $29.22M |
| 2015 | $2.73B | $187.77M | $26.67M |
| 2016 | $3.61B | $126.8M | −$94.01M |
| 2017 | $4.37B | $232.98M | $60.51M |
| 2018 | $5.07B | $365.36M | −$280.75M |
| 2019 | $5.56B | $507.45M | −$86.79M |
| 2020 | $6B | $369.78M | $27.32M |
| 2021 | $6.64B | $500.19M | −$204.31M |
| 2022 | $7.26B | $704.35M | $685.18M |
| 2023 | $8.19B | $969.18M | $435.58M |
| 2024 | $8.75B | $815M | $183M |
| 2025 | $9.26B | $1.35B | −$400M |
Revenue by segment
How Equinix, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Recurring Revenues94%
- Non-Recurring Revenues5%
Figures as a table
| 2024 | 2025 | Share 2025 | |
|---|---|---|---|
| Recurring Revenues | $8.18B | $8.74B | 94.4% |
| Non-Recurring Revenues | $564M | $478M | 5.2% |
| Total revenue | $8.75B | $9.26B | 100% |
Revenue by region
Where Equinix, Inc. generates its revenue.
- Americas44%
- EMEA34%
- Asia Pacific21%
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Americas | $2.48B | $2.59B | $2.71B | $3.02B | $3.35B | $3.62B | $3.86B | $4.11B | 44.4% |
| EMEA | $1.56B | $1.81B | $2B | $2.16B | $2.34B | $2.84B | $2.97B | $3.13B | 33.8% |
| Asia Pacific | $1.02B | $1.17B | $1.29B | $1.46B | $1.57B | $1.73B | $1.92B | $1.98B | 21.3% |
| Total revenue | $5.07B | $5.56B | $6B | $6.64B | $7.26B | $8.19B | $8.75B | $9.26B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 9 Jan 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.