Earnings Releases·Oct 28, 2026, 4:12 PM ET

Equinix — Q3 2026 Earnings Summary

Q3 2026 revenue reached $2.571 billion (up 11% YoY), while operating income, net income, and diluted EPS grew 27%, 31%, and 29% respectively, driven by strong underlying performance and a non-recurring fee from the atNorth joint venture.
Management raised full-year 2026 guidance across all key metrics: revenue to $10.325–$10.365 billion, Adjusted EBITDA to $5.290–$5.330 billion, and AFFO to $4.340–$4.380 billion, citing robust demand and accelerated capacity delivery.
Strategic initiatives include the launch of Equinix Fabric One, Equinix Inference Exchange with NVIDIA, and liquid cooling EPIC centers, alongside record annualized gross bookings of $533 million (up 35% YoY).
Capital allocation remains aggressive with total capital expenditures expected between $5 billion and $6 billion for 2026, while total debt principal outstanding increased to $25.217 billion as of September 30, 2026.