How does Equinix (EQIX) make money?

Equinix (EQIX) generates revenue primarily from Recurring Revenues, which accounted for 94% of total revenue in TTM through Q2 2026. The company reported $9.83B in revenue and converted 15.6% of it into net profit, equivalent to roughly $1.53B 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 51.6% in TTM through Q2 2026, equivalent to $5.07B in gross profit on $9.83B 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 21.8% in TTM through Q2 2026, equivalent to $2.14B 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 15.6% in TTM through Q2 2026, equivalent to $1.53B 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 $1.53B in net income for TTM through Q2 2026, with a net profit margin of 15.6%. 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 $2.57B on capital expenditures (CapEx) during TTM through Q2 2026, roughly 26.2% 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 $1.37B in free cash flow during TTM through Q2 2026, a free-cash-flow margin of 13.9%. 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 4.9% in TTM through Q2 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 94% of total revenue in TTM through Q2 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 45.4% 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 Q2 2026

Calculated from the four most recent reported quarters, ending June 30, 2026 (reported July 29, 2026).

Equinix (EQIX) Revenue by Product Segment — TTM through Q2 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), TTM through Q2 2026.
Segment	Revenue (USD)	% of total
Recurring Revenues	$9.24B	94%
Non-Recurring Revenues	$589M	6%
Total	$9.83B	100%

Recurring Revenues$9.24B
Non-Recurring Revenues$589M
Total$9.83B

Equinix (EQIX) Revenue by Geography — TTM through Q2 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 Q2 2026
Region	Revenue (USD)	% of total
Americas	$4.45B	45.4%
EMEA	$3.29B	33.6%
Asia Pacific	$2.07B	21.1%
Total	$9.81B	100%

Americas
EMEA
Asia Pacific
Total

Revenue Breakdown — TTM through Q2 2026

In TTM through Q2 2026, Equinix (EQIX) reports revenue across 2 reportable product segments; the largest segment was Recurring Revenues at 94%, followed by Non-Recurring Revenues (6%). Geographically, Americas accounted for 45.4% of revenue, followed by EMEA (33.6%) and Asia Pacific (21.1%).

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Operating Margin21.8%

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Employees13.7K

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