Recent Updates — EQIX
Equinix reported third-quarter revenues of $2.571 billion, an 11% increase year over year, and net income attributable to common stockholders of $489 million, or $4.93 per share. Adjusted EBITDA rose 15% to $1.321 billion, while AFFO increased 20% to $1.156 billion. The company raised its full-year 2026 AFFO guidance range to $43.71-$44.11 per share and updated annual revenue expectations to $10.325-$10.365 billion, citing robust demand for AI workloads and double-digit monthly recurring revenue growth. Equinix operates as a digital infrastructure company providing data center and interconnection services globally.
On August 6, 2026, Equinix, Inc. issued and sold $850 million of 5.000% Senior Notes due 2029, $650 million of 5.500% Senior Notes due 2033, and $650 million of 5.800% Senior Notes due 2036. Its subsidiary Equinix Europe 2 Financing Corporation LLC issued $850 million of 5.250% Senior Notes due 2031, which are fully guaranteed by the parent company and effectively swapped to Euros for an approximate interest rate of 3.95%. The total aggregate principal amount of new debt issued is $3 billion. Interest on all notes is payable semi-annually beginning February 15, 2027. Equinix, Inc. operates in the data center industry, providing colocation and interconnection services.
On July 27, 2026, Equinix entered into a $5.5 billion senior unsecured multi-currency revolving credit facility maturing on July 25, 2031. The agreement includes sublimits for Swiss Francs and Euros and carries an initial applicable margin of 77.5 basis points for non-Base Rate borrowings. Concurrently, the company repaid in full and terminated its existing $5.5 billion credit agreement dated January 7, 2022. This refinancing provides liquidity for working capital, acquisitions, and general corporate purposes while maintaining a net leverage ratio covenant of 6.50 to 1.00. Equinix operates as a global provider of data center colocation services.
Equinix reported second-quarter 2026 revenues of $2.625 billion, a 16% increase year-over-year, driven by strong underlying performance and one-time xScale fees. Operating income rose 35% to $665 million, while net income attributable to common stockholders increased 30% to $479 million, or $4.83 per diluted share. Adjusted EBITDA reached a record $1.396 billion with a 53% margin. The company raised its full-year 2026 revenue guidance to $10.205–$10.285 billion and AFFO per share guidance to $42.69–$43.29, citing stronger demand and bookings. Equinix operates in the digital infrastructure industry, providing data center colocation and interconnection services.
Equinix, Inc. announced that Chief Business Officer Jon Lin will separate from his employment effective July 18, 2026. The company is implementing a transition plan by distributing responsibilities across its existing senior leadership team and expects to announce a new Chief Product Officer in the near future. Equinix, Inc. operates in the data center and interconnection-as-a-service industry.
Equinix, Inc. held its annual meeting on May 13, 2026, where shareholders reelected all 10 directors and approved executive compensation and the appointment of PricewaterhouseCoopers LLP. A stockholder proposal to lower the ownership threshold required to call a special meeting was rejected, receiving 25,847,167 votes in favor and 59,259,964 votes against.