Quarterly ResultApr 29, 2026, 04:47 PM
EQIX Q1 Revenue +9.8% to $2.44B; EPS $4.20; Hampton Campus Sale
AI Summary
Equinix Inc. reported strong financial results for Q1 2026, with revenues increasing by 9.8% and net income attributable to common stockholders rising by 21.0% year-over-year. Diluted EPS also saw a significant 20.0% increase. The company also completed the sale of its Hampton data center campus to the AMER 3 Joint Venture for $459 million, recognizing a $19 million gain, while continuing substantial investments in property, plant and equipment.
Key Highlights
- EQIX sold Hampton data center campus to AMER 3 Joint Venture for $459 million, recognizing a $19 million gain.
- Q1 2026 Revenues increased 9.8% to $2,444 million from $2,225 million YoY.
- Q1 2026 Net income attributable to common stockholders rose 21.0% to $415 million from $343 million YoY.
- Q1 2026 Diluted EPS increased 20.0% to $4.20 from $3.50 YoY.
- Net cash provided by operating activities was $717 million, down from $809 million YoY.
- Purchases of property, plant and equipment were $1,256 million, up from $750 million YoY.
- Proceeds from senior notes, net of debt discounts, were $1,492 million.
- Dividends paid totaled $519 million.