Loading...
•
Dec 31, 2025
Equinix Q4 2025 Earnings Report
Equinix reported strong fourth quarter results with revenue growth, improved profitability and expanding adjusted EBITDA margins.
Key Takeaways
Equinix generated Q4 2025 revenue of 2420000000 and net income attributable to common stockholders of 265000000. Adjusted EBITDA reached 1186000000 with a 49% margin, supported by solid colocation and interconnection growth across all regions.
Revenue increased to 2420000000 in Q4 2025.
Net income attributable to common stockholders was 265000000.
Adjusted EBITDA reached 1186000000 with a 49% margin.
AFFO totaled 877000000 for the quarter.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Equinix provided a strong 2026 outlook, projecting continued revenue growth, margin expansion and AFFO per share growth.
Positive Outlook
- Q1 2026 revenue guidance of 2496000000 to 2536000000.
- FY 2026 revenue guidance of 10123000000 to 10223000000.
- FY 2026 adjusted EBITDA margin expected around 51%.
- FY 2026 AFFO guidance of 4158000000 to 4238000000.
- Expected dividend payments of approximately 2036000000 in 2026.
Challenges Ahead
- Free cash flow remained negative in the quarter.
- High capital expenditure expectations for 2026.
- Exposure to foreign currency fluctuations.
- Impairment charges impacted quarterly results.
- Interest expense continues to weigh on net income.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...