Why did Equinix (EQIX) stock move recently?

On 7/24/2026, Equinix moved +4.9% — Equinix shares rose on positive sentiment around strong ongoing data center demand and AI-related growth, ahead of its Q2 earnings release next week (July 29), with recent coverage highlighting revenue/FFO scaling and robust bookings momentum. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Equinix (EQIX) overvalued or fairly valued?

MarketChacha shows Equinix's valuation in context — a trailing P/E of about 63.0, a forward P/E of about 55.9, a price-to-book of about 7.2 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Equinix's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (3.31×) from reported figures — education, not a rating.

What is Equinix's revenue?

Equinix reported revenue of $9.2B for FY2025, with net profit of $1.4B, per official filings.

What is the share price of Equinix (EQIX)?

Equinix last traded at $1,044.77 (+0.4% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Equinix

EQIX · NYSE · Real Estate · United States

Snapshot

TickerEQIX

ExchangeNYSE

SectorReal Estate

IndustryREIT - Specialty

CountryUnited States

Employees13,716

HeadquartersRedwood City, United States

Websitewww.equinix.com

Filings tracked25

About Equinix

Equinix, Inc. shortens the path to boundless connectivity anywhere in the world. Its digital infrastructure, data center footprint and interconnected ecosystems empower innovations that enhance our work, life and planet. Equinix connects economies, countries, organizations and communities, delivering seamless digital experiences and cutting-edge AI quickly, efficiently and everywhere. Equinix, Inc. was established on June 22, 1998 and is based in Redwood City, United States.

Who owns it

Insiders0.3%
Institutions99.7%
Public & other0.0%

1,996 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.11.60%
Vanguard Capital Management LLC6.53%
Vanguard Portfolio Management LLC6.18%
State Street Corporation6.11%
FMR, LLC2.91%
Geode Capital Management, LLC2.58%
Cohen & Steers Inc.2.22%
Principal Financial Group, Inc.1.93%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion3.31×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend11.8% → 14.6%

Margin has expanded by about 2.8 points — the business is getting more profitable.

Growth qualityrev 6% · PAT 18%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $2.6B · EPS 3.75

Est. earnings growth +11.1%

Next fiscal year

Rev $11.4B · EPS 18.69

Est. earnings growth +4.5%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$9.2B

Net margin

14.6%

ROE

9.5%

Revenue CAGR (2y)

+6.1%

Profit CAGR (2y)

+18.0%

EPS (FY2025)

13.76

Net profit (FY2025)

$1.4B

Ask MarketChacha about EQIX

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Jul 24, 2026
Equinix shares rose on positive sentiment around strong ongoing data center demand and AI-related growth, ahead of its Q2 earnings release next week (July 29), with recent coverage highlighting revenue/FFO scaling and robust bookings momentum.
source 1 ↗source 2 ↗source 3 ↗· confidence: medium

Daily moves with the verified reason behind them. Education only — not investment advice.

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$9.2B	$1.4B	13.76	14.6%	9.5%
FY2024	$8.7B	$815.0M	8.50	9.3%	6.0%
FY2023	$8.2B	$969.0M	10.31	11.8%	7.8%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$2.6B	$479.0M	4.83	18.2%
2026Q1	$2.4B	$415.0M	4.20	17.0%
2025Q3	$2.3B	$374.0M	3.81	16.1%
2025Q2	$2.3B	$368.0M	3.75	16.3%
2025Q1	$2.2B	$343.0M	3.50	15.4%
2024Q3	$2.2B	$297.0M	3.10	13.5%
2024Q2	$2.2B	$301.0M	3.16	13.9%
2024Q1	$2.1B	$231.0M	2.43	10.9%
2023Q3	$2.1B	$276.0M	2.93	13.4%
2023Q2	$2.0B	$207.0M	2.21	10.3%
2023Q1	$2.2B	$259.0M	2.77	11.6%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Other events, Exhibits
SEC8/6/2026material
8-K — Results of operations, Exhibits
SEC7/29/2026material
10-Q filing
SEC7/29/2026
8-K — Material agreement, Termination of agreement, Material financial obligation, Exhibits
SEC7/29/2026material
8-K — Executive/director change, Exhibits
SEC7/14/2026material
8-K — Shareholder vote results, Exhibits
SEC5/15/2026material
8-K — Executive/director change, Exhibits
SEC5/11/2026material
8-K — Other events, Exhibits
SEC5/7/2026material
8-K — Results of operations, Exhibits
SEC4/29/2026material
10-Q filing
SEC4/29/2026
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC3/10/2026material
8-K — Other events, Exhibits
SEC3/5/2026material
8-K — Reg FD disclosure, Exhibits
SEC2/27/2026material
8-K — Executive/director change, Exhibits
SEC2/18/2026material
8-K — Executive/director change, Exhibits
SEC2/12/2026material
8-K — Results of operations, Exhibits
SEC2/11/2026material
10-K filing
SEC2/11/2026
8-K — Other events, Exhibits
SEC2/11/2026material

2025

8-K — Executive/director change, Exhibits
SEC12/3/2025material
8-K — Other events, Exhibits
SEC11/24/2025material
8-K — Other events, Exhibits
SEC11/20/2025material
8-K — Other events, Exhibits
SEC11/13/2025material
8-K — Executive/director change, Exhibits
SEC11/4/2025material
8-K — Results of operations, Exhibits
SEC10/29/2025material
10-Q filing
SEC10/29/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.