Equinix Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $9.22B | $8.75B | $8.19B | $7.26B | $6.64B | $6.00B | $5.56B |
| Americas | — | $4.11B | $3.86B | $3.62B | $3.35B | $3.02B | $2.71B | $2.59B |
| EMEA | — | $3.13B | $2.97B | $2.84B | $2.34B | $2.16B | $2.00B | $1.81B |
| Asia-Pacific | — | $1.98B | $1.92B | $1.73B | $1.57B | $1.46B | $1.29B | $1.17B |
| Cost of Revenue | — | $4.51B | $4.47B | $4.23B | $3.75B | $3.47B | $3.07B | $2.81B |
| Gross Profit | — | $4.71B | $4.28B | $3.96B | $3.51B | $3.16B | $2.92B | $2.75B |
| Gross Margin | — | 51.1% | 48.9% | 48.4% | 48.4% | 47.7% | 48.7% | 49.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $1.84B | $1.77B | $1.65B | $1.50B | $1.30B | $1.09B | $935.0M |
| Operating Income | — | $1.85B | $1.33B | $1.44B | $1.20B | $1.11B | $1.05B | $1.17B |
| Operating Margin | — | 20.0% | 15.2% | 17.6% | 16.5% | 16.7% | 17.6% | 21.0% |
| Interest Expense | — | — | — | $402.0M | $356.3M | $336.1M | $406.5M | $479.7M |
| Pretax Income | — | $1.51B | $975.0M | $1.12B | $829.0M | $609.0M | $516.2M | $692.6M |
| Income Tax Expense | — | $160.0M | $161.0M | $155.0M | $124.0M | $109.2M | $146.2M | $185.4M |
| Net Income | — | $1.35B | $815.0M | $969.0M | $705.0M | $500.2M | $369.8M | $507.5M |
| Net Margin | — | 14.6% | 9.3% | 11.8% | 9.7% | 7.5% | 6.2% | 9.1% |
| EPS (Basic) | — | $13.79 | $8.54 | $10.35 | $7.69 | $5.57 | $4.22 | $6.03 |
| EPS (Diluted) | — | $13.76 | $8.50 | $10.31 | $7.67 | $5.53 | $4.18 | $5.99 |
| Shares Outstanding (Basic) | 98.3M | 97.9M | 95.5M | 93.6M | 91.6M | 89.8M | 87.7M | 84.1M |
| Shares Outstanding (Diluted) | 98.3M | 98.1M | 95.8M | 94.0M | 91.8M | 90.4M | 88.4M | 84.7M |
| Dividends Per Share | — | $18.76 | $17.04 | $14.49 | $12.40 | $11.48 | $10.64 | $9.84 |