Equinix Reports Third-Quarter Results and Raises 2026 Guidance
Equinix reported Q3 2026 revenue of $2.571 billion, up 11% year-over-year, with operating income up 27% to $600 million and diluted EPS up 29% to $4.93. Net income rose 31% to $489 million, aided by a non-recurring fee from the atNorth joint venture investment, while adjusted EBITDA grew 15% to $1.321 billion and AFFO per share rose 18% to $11.64. The company raised full-year 2026 guidance for the third consecutive quarter, with revenue guided to $10.325-$10.365 billion and AFFO per share to $43.71-$44.11.
Key figures
- Eps
- 4.93
- Revenue
- 2571000000
- Guidance
- FY2026 revenue raised to $10.325-$10.365 billion (~12% growth); adjusted EBITDA $5.290-$5.330 billion (~51% margin); AFFO per share $43.71-$44.11; Q4 revenue $2.684-$2.724 billion
- Revenue Yoy
- 11%
- Affo
- 1156000000
- Affo yoy
- 20%
- Net income
- 489000000
- Affo per share
- 11.64
- Net income yoy
- 31%
- Adjusted ebitda
- 1321000000
- Operating income
- 600000000
- Fabric revenue yoy
- 24%
- Gross bookings yoy
- 35%
- Adjusted ebitda yoy
- 15%
- Operating income yoy
- 27%
- Gross bookings annualized
- 533000000
- Net interconnections added
- 6900
- Interconnection revenue yoy
- 10%
AI analysis
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