Equinix Reports Q3 Revenue of $2.57 Billion, Raises 2026 Guidance
Equinix reported Q3 revenue of $2.57 billion, up 11% year over year, and net income of $489 million, up 31%. It raised 2026 revenue and AFFO per-share guidance for a third consecutive quarter and filed for a $700 million common stock offering.
Equinix, Inc. reported third-quarter revenue of $2.57 billion, an 11% increase year-over-year, and a net income of $489 million, up 31%. Driven by this performance, the company raised its 2026 revenue and AFFO per share guidance for the third consecutive quarter. Operationally, Equinix announced plans for record cabinet deliveries, projecting a nearly 40% increase for 2026 compared to previous forecasts, and reported 3 GW of developable capacity.
Additionally, the company filed for a $700 million common stock offering and a shelf registration statement. Equinix also reached an agreement to fund electrical grid infrastructure for a project in Georgia.