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Equinix (EQIX) Cash Flow Waterfall

Trace Equinix's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$3.82B

Capex

−$2.93B

Free Cash Flow

$888.00M

FCF Margin

+23.3%

Cash flow waterfall for Equinix (EQIX) — TTM through Q1 2026

Free cash flow: $888.00M

Note: Other Investing is large — driven mainly by purchases or sales of investments.

Cash flow breakdown for Equinix (EQIX) — TTM through Q1 2026

  • Operating Cash Flow$3.82B
  • Capital Expenditure−$2.93B
  • Free Cash Flow$888.00M
  • Acquisitions−$311.00M
  • Other Investing−$3.74B
  • Dividends Paid−$1.91B
  • Net Debt Change$3.40B
  • Other Financing & FX$131.00M
  • Net Cash Decrease−$1.54B
Want to see what drove the FCF change?Free Cash Flow Bridge

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