The earnings call reflected a strong financial quarter for Equinix with significant growth in key metrics like revenue, EBITDA, and AFFO. The company demonstrated robust customer acquisition and strategic expansion into new markets. However, there were some challenges, such as higher churn and a decline in nonrecurring revenues, which were addressed with strategic plans for improvement.

Company Guidance

During the Equinix second quarter earnings call for 2025, the company provided extensive guidance on its financial performance and strategic initiatives. Equinix reported revenues of $2.26 billion, representing a 5% year-over-year increase. Adjusted EBITDA margins reached a historical high of 50%, and AFFO per share increased by 8% year-over-year. The company closed 4,100 deals involving more than 3,300 customers, which resulted in $345 million of annualized gross bookings. Equinix outlined its Build Bolder strategy, focusing on capacity expansion and long-term growth, with expectations of a 25% yield at stabilization. Capital expenditures are projected to range between $3.8 billion and $4.3 billion for the year, with a significant portion allocated to future growth opportunities. The company anticipates achieving double-digit revenue growth through 2029, supported by strong demand signals from customers, particularly in AI, hybrid, and multi-cloud environments.

Strong Financial Performance

In Q2 2025, Equinix delivered revenues of $2.26 billion, up 5% year-over-year, driven by strong recurring revenue growth of 7%. Adjusted EBITDA margins reached 50% for the first time in company history.

Record Annualized Gross Bookings

Equinix closed 4,100 deals with more than 3,300 customers, resulting in $345 million of annualized gross bookings for the quarter.

Interconnection Revenue Growth

Interconnection revenues grew by 8% year-over-year, crossing $400 million of quarterly revenues for the first time, with net interconnection additions of 6,200.

Increased AFFO Per Share

AFFO per share increased 8% year-over-year, driven by strong operating performance and lower-than-expected SG&A expenses.

Positive Customer Momentum

Equinix added significant new customers such as Schneider Electric, Woolworths, and eBay, highlighting diverse use cases and strong demand across industries.

Strategic Expansion and Developments

Equinix is investing heavily in capacity expansion, including 59 major projects globally and entry into new markets such as the Philippines and Thailand.

Equinix (EQIX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

EQIX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	3.60 / -	3.1	―	―	―
Jul 30, 2025	2025 (Q2)	3.48 / 3.75	3.16	18.67% (+0.59)
Apr 30, 2025	2025 (Q1)	2.97 / 3.50	2.43	44.03% (+1.07)
Feb 12, 2025	2024 (Q4)	2.67 / -0.14	2.4	-105.83% (-2.54)
Oct 30, 2024	2024 (Q3)	2.94 / 3.10	2.93	5.80% (+0.17)
Aug 07, 2024	2024 (Q2)	2.66 / 3.16	2.21	42.99% (+0.95)
May 08, 2024	2024 (Q1)	2.65 / 2.43	2.77	-12.27% (-0.34)
Feb 14, 2024	2023 (Q4)	2.17 / 2.40	1.39	72.66% (+1.01)
Oct 25, 2023	2023 (Q3)	2.15 / 2.93	2.3	27.39% (+0.63)
Aug 02, 2023	2023 (Q2)	2.06 / 2.21	2.37	-6.75% (-0.16)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

EQIX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$792.21	$780.41	-1.49%
Apr 30, 2025	$850.95	$852.16	+0.14%
Feb 12, 2025	$919.77	$907.77	-1.30%
Oct 30, 2024	$890.98	$888.88	-0.24%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Equinix (EQIX) report earnings?

Equinix (EQIX) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is Equinix (EQIX) earnings time?

Equinix (EQIX) earnings time is at Oct 29, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is EQIX EPS forecast?

EQIX EPS forecast for the fiscal quarter 2025 (Q3) is 3.61.

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