Equinix (EQIX) Q3 2026 Earnings Review
Earnings results
- EPS
Actual: $4.93 reported profit/share · Matching consensus not verified
- Revenue beat
Actual: $2.571B · Cons.: about $2.56B
- Guidance raised
2026 revenue $10.325–$10.365B vs. $10.205–$10.285B.
What the company reported
Record bookings and growth in recurring revenue prompted Equinix to raise its full-year outlook for a third consecutive quarter; faster capacity delivery can support future sales, while one-time joint-venture fees mean reported cash-earnings growth exceeds the underlying pace.
Q3 2026 earnings recap
Equinix raised its 2026 outlook as record bookings and stronger recurring revenue supported faster data-center expansion, making delivery of new capacity the next key test.
- Revenue rose 11% to $2.57 billion, slightly above the roughly $2.56 billion consensus, while reported profit per share climbed 29% to $4.93.
- Annualized gross bookings reached $533 million, up 35%, strengthening future sales potential as customers expand cloud and AI workloads.
- Management lifted its 2026 revenue range to $10.33–$10.37 billion from $10.21–$10.29 billion, with underlying demand providing most of the increase.
- Adjusted funds from operations, a cash-earnings measure used by property companies, rose to $11.64 per share, helped by a one-time joint-venture fee.
- The $1,007.66 pre-release close valued shares at about 23 times the updated annual cash-earnings outlook midpoint, making sustained growth important.
- Shares traded about 0.8% above the October 28 close after results, while the regular-session chart had recovered toward the $1,000–$1,012 area.
Watch whether new capacity turns bookings into recurring revenue without eroding returns, as $5–$6 billion of planned annual capital spending and power constraints remain risks.
Financials, technicals and earnings
Charts through Oct 28, 2026.
Technical setup and risks
The regular-session recovery approached repeated highs around $1,000–$1,012 before the release; sustained closes above that area would strengthen the rebound, while a loss of $956 would weaken it, with power availability and heavy investment spending the main operating risks.
AI-assisted earnings research with verified issuer results. Charts use the stated completed session. Educational information; investing involves risk.