EQIX

EX-99.1

2 a991eqix-q326xpr.htm

EX-99.1

Document

FOR IMMEDIATE RELEASE

Equinix Reports Third-Quarter Results and Raises 2026 Guidance

•Delivered record annualized gross bookings of $533 million, up 35% year over year, on robust demand and strengthening pricing

•Grew monthly recurring revenue by double digits year over year for the fourth consecutive quarter, reflecting the company’s central role in serving traditional and AI workloads

•Achieved 10% year over year interconnection revenue growth on both an as-reported and a normalized and constant currency basis, with Fabric revenue up 24% year over year on both an as-reported and a normalized and constant currency basis

•Accelerated new capacity delivery, with nearly 40% more cabinets planned for delivery in 2026 than initially anticipated

•Raised full-year 2026 guidance for the third consecutive quarter based on strong operating and financial performance

REDWOOD CITY, Calif. - October 28, 2026 - Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company®, today reported results for the quarter ended September 30, 2026.

“Our Q3 results and raised full-year guidance reflect the differentiated position and growing importance of Equinix,” said Adaire Fox-Martin, CEO and President, Equinix. “We delivered double-digit growth across the key metrics that drive long-term value creation, including interconnection and monthly recurring revenue, and we accelerated capacity to meet broad-based demand. We also unveiled Equinix Fabric One and Equinix Inference Exchange to enable enterprise customers to run, connect, and orchestrate their most critical workloads. Our diverse customer base, expanding ecosystem, and balance sheet strength position us well for sustained, profitable growth and shareholder value.”

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Third-Quarter 2026 Results Summary

•Revenues

◦$2.571 billion, an 11% increase over the same quarter of the previous year on an as-reported basis and a 12% increase on a normalized and constant currency basis driven by strong underlying performance

•Operating Income

◦$600 million, a 27% increase over the same quarter of the previous year, primarily from strong underlying operating performance

•Net Income Attributable to Common Stockholders and Net Income per Share Attributable to Common Stockholders

◦$489 million, a 31% increase over the same quarter of the previous year, primarily from higher operating income and a non-recurring fee earned in connection with our investment in the atNorth joint venture

◦$4.93 per share, a 29% increase over the same quarter of the previous year

•Adjusted EBITDA

◦$1.321 billion, a 15% increase over the same quarter of the previous year on an as-reported basis, or a 14% increase on a normalized and constant currency basis

•AFFO and AFFO per Share

◦$1.156 billion, a 20% increase over the same quarter of the previous year on an as-reported basis, or a 14% increase on a normalized and constant currency basis excluding the benefit of the atNorth joint venture fee

◦$11.64 per share, an 18% increase over the same quarter of the previous year on an as-reported basis, or a 12% increase on a normalized and constant currency basis excluding the benefit of the atNorth joint venture fee

Equinix uses certain non-GAAP financial measures, which are described further below and reconciled to the most comparable GAAP financial measures after the presentation of our GAAP financial statements.

Equinix does not provide forward-looking guidance for certain financial data, such as depreciation, amortization, accretion, stock-based compensation and other components of net income or loss from operations, and as a result, is not able to provide a reconciliation of GAAP to non-GAAP financial measures for forward-looking data without unreasonable effort. The impact of such adjustments could be significant. Equinix intends to calculate the various non-GAAP financial measures in future periods consistent with how they were calculated for the periods presented within this press release.

All per-share results are presented on a fully diluted basis.

2

2026 Guidance Summary

($ in millions, except per share data)Prior FY 2026 GuidanceUnderlying AdjustmentatNorth Joint VentureForeign Exchange ImpactRevised FY 2026 GuidanceQ4 2026 Guidance

Revenues$10,205 - 10,285 11 - 12%+$84 +$16 $10,325 - 10,365 ~12%$2,684 - 2,724 12 - 13%

Adjusted EBITDA Adjusted EBITDA Margin %$5,210 - 5,270 ~51%+$59 +$11 $5,290 - 5,330 ~51%$1,328 - 1,368 49 - 50%

Recurring Capital Expenditures % of Revenues$290 - 310 ~3%$290 - 310 ~3%$141 - 161 5 - 6%

Non-recurring Capital Expenditures

(Excludes xScale and Real Estate Acquisitions)$4,710 - 5,690-$2+$2$4,710 - 5,690

AFFO$4,240 - 4,300+$52+$31+$7$4,340 - 4,380

AFFO per Share (Diluted)$42.69 - 43.29 10 - 12%+$0.54 +$0.31 +$0.07 $43.71 - 44.11 11 - 12%

Expected Cash Dividends~$2,039-$2~$2,037

For the fourth quarter of 2026, the company expects revenues to range between $2.684 and $2.724 billion, an incre

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eqix-20260429

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): April 29, 2026

EQUINIX, INC.

(Exact Name of Registrant as Specified in Charter)

Delaware 001-40205 77-0487526

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

One Lagoon Drive

Redwood City, CA 94065

(Address of Principal Executive Offices, and Zip Code)

(650) 598-6000

Registrant’s Telephone Number, Including Area Code

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered

Common stock, par value $0.001 per share  EQIX The Nasdaq Stock Market LLC

0.250% Senior Notes due 2027   The Nasdaq Stock Market LLC

3.250% Senior Notes due 2029The Nasdaq Stock Market LLC

3.250% Senior Notes due 2031The Nasdaq Stock Market LLC

1.000% Senior Notes due 2033   The Nasdaq Stock Market LLC

3.650% Senior Notes due 2033The Nasdaq Stock Market LLC

4.000% Senior Notes due 2034The Nasdaq Stock Market LLC

3.625% Senior Notes due 2034The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition

On April 29, 2026, Equinix, Inc. (“Equinix”) issued a press release and will hold a conference call regarding its financial results for the first quarter ended March 31, 2026. A copy of the press release is furnished as Exhibit 99.1 to this report.

This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Equinix is making reference to certain non-GAAP financial information in both the press release and the conference call. A reconciliation of these non-GAAP financial measures to the comparable GAAP financial measures is contained in the attached press release.

Item 9.01Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.Description

99.1 Press Release of Equinix, Inc. dated April 29, 2026.

104Cover Page Interactive Data File - the cover page iXBRL tags are embedded within the Inline XBRL document

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EQUINIX, INC.

DATE: April 29, 2026

By: /s/ Olivier Leonetti

Olivier Leonetti

Chief Financial Officer