EQIX
EquinixPrevious close
1,013.70
Change
−22.97 / −2.22%
P/E (TTM) ?
62.0
Market Cap
$100B
1M
+0.21%
S&P 500 −0.91% over same period
Volume / Avg Volume
665K / 650K
1.02× average
Latest earnings analysisFY2026 Q2Reported 2026-07-29
Equinix Q2 FY2026: revenue up 16.0%, EPS up 28.8%, guidance raised
Equinix beat on both lines and raised full-year and long-term guidance: revenue rose 16.0% to $2.625 billion and GAAP EPS came in at $4.83 against a $4.8161 consensus. The catch is that $248 million of revenue was non-recurring, up from $113 million, so read the recurring line - $2.377 billion, up 10.9% - as the real trend. View: Bullish.
Read the full analysis →Revenue$2.63BYoY +16.40%
EPS (non-GAAP)$11.78Beatest. $4.82
Next-quarter revenue guidance$2.55B ±1%YoY −2.90%
Next-day move+3.92%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-29 | $2.6B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-29 | $2.4B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-11 | $9.2B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-29 | $2.3B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-30 | $2.3B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-30 | $2.2B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 0 of its 5-year rangeCheap
5-year range 67.0 – 97.8 · Median 80.1
Last 4 quarters: $0 in buybacks + $2.0B in dividends, 2.00% of market cap combined
P/E (TTM)
62.0
P/B
7.0
P/S
10.2
Dividend Yield
2.14%
Earnings Reaction
Over the last 6 reports, the stock moved ±3.5% on average on the first trading day after, rising 4 times
Most recent +3.92%
Volatility & Correlation
1-year beta 0.56 · Correlation with S&P 500 0.28Low beta
Annualized volatility 26% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 5 · $4.9MNet selling $4.9M
- 09-04Paladin Michael ShaneChief Customer & Rev OfficerSell$0.32M307 shares · Avg price 1,035.01
- 09-02Paladin Michael ShaneChief Customer & Rev OfficerSell$0.21M203 shares · 2 trades · Avg price 1,015.71
- 08-20Pletcher KurtChief Legal OfficerSell$0.15M135 shares · Avg price 1,075.50
- 08-18PAISLEY CHRISTOPHER BDirectorSell$0.14M125 shares · Avg price 1,103.58
- 08-03PAISLEY CHRISTOPHER BDirectorSell$4.1M4,000 shares · Avg price 1,019.28
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 2.57 | +11.0% | 51.1% | 0.49 | 4.93 |
| FY2026 Q2 | 2.63 | +16.4% | 53.1% | 0.48 | 4.83 |
| FY2026 Q1 | 2.44 | +9.8% | 51.5% | 0.42 | 4.20 |
| FY2025 Q4 | 2.42 | +7.0% | 50.5% | 0.27 | 2.70 |
| FY2025 Q3 | 2.32 | +5.2% | 50.7% | 0.37 | 3.81 |
| FY2025 Q2 | 2.26 | +4.5% | 52.0% | 0.37 | 3.75 |
| FY2025 Q1 | 2.23 | +4.6% | 51.3% | 0.34 | 3.50 |
| FY2024 Q4 | 2.26 | +20.1% | 47.1% | -0.01 | -0.19 |
| FY2024 Q3 | 2.20 | +6.8% | 50.1% | 0.30 | 3.10 |
| FY2024 Q2 | 2.16 | +6.9% | 49.9% | 0.30 | 3.16 |
| FY2024 Q1 | 2.13 | −4.4% | 48.7% | 0.23 | 2.43 |
| FY2023 Q4 | 1.88 | +0.7% | 42.0% | 0.23 | 2.40 |