Equinix, Inc. (BMV:EQIX)

Equinix Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Other Revenue	9,076	8,737	8,197	7,117	6,260	5,623
Total Revenue	9,076	8,737	8,197	7,117	6,260	5,623
Revenue Growth (YoY	5.63%	6.59%	15.17%	13.69%	11.33%	8.98%
Property Expenses	4,506	4,467	4,228	3,751	3,472	3,074
Selling, General & Administrative	2,688	2,657	2,509	2,286	2,043	1,809
Total Operating Expenses	7,197	7,127	6,740	6,086	5,515	4,884
Operating Income	1,879	1,610	1,457	1,031	744.33	738.92
Interest Expense	-553	-410	-379	-334	-336.08	-406.47
Interest & Investment Income	201	137	94	36	2.64	8.65
Income (Loss) on Equity Investments	-21	-24	-12	-9	-	-
Currency Exchange Gain (Loss)	31	165	-29	284	90.2	-92.21
Other Non-Operating Income	-42	-241	-12	-168	-180.14	134.56
EBT Excluding Unusual Items	1,495	1,237	1,119	840	320.95	383.45
Merger & Restructuring Charges	-	-	-	-7	-22.77	-55.94
Gain (Loss) on Sale of Assets	1	18	5	-4	10.85	1.3
Asset Writedown	-238	-233	-	-	-	-7.31
Other Unusual Items	-14	-16	-	-	299.93	194.71
Pretax Income	1,196	975	1,124	829	608.95	516.23
Income Tax Expense	126	161	155	124	109.22	146.15
Earnings From Continuing Operations	1,070	814	969	705	499.73	370.07
Net Income to Company	1,070	814	969	705	499.73	370.07
Minority Interest in Earnings	1	1	-	-	0.46	-0.3
Net Income	1,071	815	969	705	500.19	369.78
Net Income to Common	1,071	815	969	705	500.19	369.78
Net Income Growth	1.42%	-15.89%	37.45%	40.95%	35.27%	-27.13%
Basic Shares Outstanding	98	95	94	92	90	88
Diluted Shares Outstanding	98	96	94	92	90	88
Shares Change (YoY)	2.80%	1.93%	2.38%	1.57%	2.26%	4.41%
EPS (Basic)	10.98	8.54	10.35	7.70	5.57	4.22
EPS (Diluted)	10.95	8.50	10.31	7.67	5.53	4.18
EPS Growth	-1.32%	-17.56%	34.42%	38.70%	32.30%	-30.22%
Dividend Per Share	18.330	17.040	14.490	12.400	11.480	10.640
Dividend Growth	7.57%	17.60%	16.86%	8.01%	7.90%	8.13%
Operating Margin	20.70%	18.43%	17.77%	14.49%	11.89%	13.14%
Profit Margin	11.80%	9.33%	11.82%	9.91%	7.99%	6.58%
EBITDA	3,900	3,625	3,309	2,773	2,407	2,169
EBITDA Margin	42.97%	41.49%	40.37%	38.96%	38.45%	38.57%
D&A For Ebitda	2,021	2,015	1,852	1,742	1,663	1,430
EBIT	1,879	1,610	1,457	1,031	744.33	738.92
EBIT Margin	20.70%	18.43%	17.77%	14.49%	11.89%	13.14%
Funds From Operations (FFO)	2,345	2,061	2,130	1,827	1,573	1,301
Adjusted Funds From Operations (AFFO)	-	3,356	3,019	2,714	2,451	2,189
FFO Payout Ratio	77.10%	79.72%	64.55%	63.05%	66.30%	72.88%
Effective Tax Rate	10.54%	16.51%	13.79%	14.96%	17.94%	28.31%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.