Equinix, Inc. (EQIX)

Equinix Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	8,317	8,188	7,263	6,636	5,999	5,562
Revenue Growth (YoY)	10.50%	12.74%	9.46%	10.62%	7.85%	9.67%
Cost of Revenue	4,313	4,228	3,752	3,472	3,074	2,810
Gross Profit	4,004	3,960	3,512	3,163	2,924	2,752
Selling, General & Admin	2,574	2,510	2,285	2,043	1,809	1,586
Other Operating Expenses	25.63	18.58	77.23	62.57	61.94	-3.74
Operating Expenses	2,600	2,528	2,362	2,106	1,871	1,582
Operating Income	1,404	1,432	1,149	1,058	1,053	1,170
Interest Expense / Income	408.54	402.02	356.34	336.08	406.47	479.68
Other Expense / Income	-91.69	-94.39	-36.36	112.02	130.53	-2.86
Pretax Income	1,088	1,124	829.14	609.42	515.93	692.8
Income Tax	146.2	155.25	124.79	109.22	146.15	185.35
Net Income	941.39	969.18	704.35	500.19	369.78	507.45
Net Income Growth	15.38%	37.60%	40.82%	35.27%	-27.13%	38.89%
Shares Outstanding (Basic)	95	94	92	90	88	84
Shares Outstanding (Diluted)	95	94	92	90	88	85
Shares Change	1.95%	2.38%	1.57%	2.26%	4.41%	5.59%
EPS (Basic)	10.00	10.35	7.69	5.57	4.22	6.03
EPS (Diluted)	9.97	10.31	7.67	5.53	4.18	5.99
EPS Growth	13.04%	34.42%	38.70%	32.30%	-30.22%	31.36%
Free Cash Flow	-196.24	51.18	436.9	-406.14	-172.86	-255.95
Free Cash Flow Per Share	-2.07	0.55	4.77	-4.52	-1.97	-3.04
Dividend Per Share	15.340	14.490	12.400	11.480	10.640	9.840
Dividend Growth	20.69%	16.85%	8.01%	7.89%	8.13%	7.89%
Gross Margin	48.15%	48.37%	48.35%	47.67%	48.75%	49.48%
Operating Margin	16.89%	17.49%	15.82%	15.94%	17.55%	21.03%
Profit Margin	11.32%	11.84%	9.70%	7.54%	6.16%	9.12%
Free Cash Flow Margin	-2.36%	0.63%	6.02%	-6.12%	-2.88%	-4.60%
Effective Tax Rate	13.44%	13.81%	15.05%	17.92%	28.33%	26.75%
EBITDA	3,410	3,372	2,922	2,602	2,346	2,457
EBITDA Margin	41.00%	41.18%	40.23%	39.21%	39.11%	44.18%
Depreciation & Amortization	1,914	1,845	1,736	1,656	1,423	1,285
EBIT	1,496	1,526	1,185	945.5	922.39	1,172
EBIT Margin	17.99%	18.64%	16.32%	14.25%	15.38%	21.08%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).