How does Equinix (EQIX) make money?

Equinix (EQIX) generates revenue primarily from Recurring Revenues, which accounted for 95.2% of total revenue in TTM through Q1 2026. The company reported $9.46B in revenue and converted 15% of it into net profit, equivalent to roughly $1.42B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Equinix (EQIX)?

Equinix (EQIX) reported a gross profit margin of 51.3% in TTM through Q1 2026, equivalent to $4.85B in gross profit on $9.46B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Equinix (EQIX)?

Equinix (EQIX) reported an operating profit margin of 20.8% in TTM through Q1 2026, equivalent to $1.97B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Equinix (EQIX)?

Equinix (EQIX) reported a net profit margin of 15% in TTM through Q1 2026, equivalent to $1.42B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Equinix (EQIX) profitable?

Yes. Equinix (EQIX) reported $1.42B in net income for TTM through Q1 2026, with a net profit margin of 15%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Equinix (EQIX) spend on capital expenditures?

Equinix (EQIX) spent $2.93B on capital expenditures (CapEx) during TTM through Q1 2026, roughly 31.0% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Equinix (EQIX) generate?

Equinix (EQIX) generated $888.00M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 9.4%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Equinix (EQIX)?

Equinix (EQIX) had an effective tax rate of 10.5% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Equinix (EQIX)?

Equinix (EQIX) reports revenue across 2 reportable product segments, led by Recurring Revenues at 95.2% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does Equinix (EQIX) generate most of its revenue?

Americas is the largest geographic market for Equinix (EQIX), accounting for 44.5% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Equinix Makes Money: 2026 Visual Revenue Map

Equinix (EQIX) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 29, 2026).

Equinix (EQIX) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Equinix (EQIX) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Recurring Revenues	$9.00B	95.2%
Non-Recurring Revenues	$454.06M	4.8%
Total	$9.46B	100%

Recurring Revenues$9.00B
Non-Recurring Revenues$454.06M
Total$9.46B

Equinix (EQIX) Revenue by Geography — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for Equinix (EQIX), TTM through Q1 2026
Region	Revenue (USD)	% of total
Americas	$4.20B	44.5%
EMEA	$3.21B	34.1%
Asia Pacific	$2.02B	21.4%
Total	$9.44B	100%

Americas
EMEA
Asia Pacific
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Equinix (EQIX) reports revenue across 2 operating segments; the largest segment was Recurring Revenues at 95.2%, followed by Non-Recurring Revenues (4.8%). Separately, by end-market geography, Americas accounted for 44.5% of revenue, followed by EMEA (34.1%) and Asia Pacific (21.4%).

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