Strong Financial Performance
Equinix reported revenues of $2.2 billion for Q1 2025, up 8% year-over-year, with adjusted EBITDA margins increasing to 48% and AFFO per share increasing 9% year-over-year.
Positive Customer Momentum and AI Wins
Equinix achieved significant AI-related wins, including deployments with NVIDIA DGX SuperPOD and Grok, showing strong momentum in both AI and enterprise cloud ecosystems.
Improved Sales Productivity
The sales team improved deal conversion and shortened deal cycles, resulting in more than 4,100 deals across more than 3,200 customers.
Interconnection Revenue Growth
Interconnection revenues grew 9% year-over-year, with strong adoption of Equinix Fabric and a healthy net addition of 3,900 total interconnections.
Rising Guidance
Equinix raised its 2025 revenue guidance by $142 million and adjusted EBITDA guidance by $85 million, maintaining a 7% to 8% normalized growth rate.