Quarterly ResultApr 29, 2026, 04:45 PM
EQIX Q1 Revenue +9.8% to $2.44B; EPS $4.20; Net Income +21%
AI Summary
EQUINIX INC reported strong first-quarter results for 2026, with revenues increasing by 9.8% to $2.44 billion and diluted EPS rising by 20% to $4.20. Net income attributable to common stockholders grew by 21% to $415 million. 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.
Key Highlights
- Sold Hampton data center campus to AMER 3 Joint Venture for $459M, recognizing $19M 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% to $415 million.
- Q1 2026 Diluted EPS increased 20% to $4.20 from $3.50 YoY.
- Net cash provided by operating activities was $717 million, down from $809 million YoY.
- Remaining performance obligations totaled approximately $14.2 billion as of March 31, 2026.