Filing Flows › Equinix (EQIX) › Guidance history
Equinix (EQIX) guidance history: what it guided and what it reported
Equinix gave guidance in 12 earnings releases on file since May 8, 2024. Of 9 guided periods since reported, it met or beat its own guidance 8 times (89%). Revenue: 8 of 9, on average -0.3% against the guided midpoint. Its releases raised guidance 7 times and lowered it 0 times.
Revenue
Met or beat 8 of 9 periods (1 above, 7 within, 1 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $2.7B–$2.7B (Oct 28, 2026) | — | to be reported | — |
| Q3 2026 | $2.5B–$2.6B (Jul 29, 2026) | $2.6B | within the range | +0.8% |
| Q2 2026 | $2.6B–$2.6B (Apr 29, 2026) | $2.6B | above the range | +1.3% |
| Q1 2026 | $2.5B–$2.5B (Feb 11, 2026) | $2.4B | below the range | -2.9% |
| FY2026 | $10.1B–$10.2B (Feb 11, 2026) → raised $10.1B–$10.2B (Apr 29, 2026) → raised $10.2B–$10.3B (Jul 29, 2026) → raised $10.3B–$10.4B (Oct 28, 2026) | — | to be reported | — |
| Q4 2025 | $2.4B–$2.5B (Oct 29, 2025) | $2.4B | within the range | -2.1% |
| FY2025 | $9.0B–$9.1B (Feb 12, 2025) → raised $9.2B–$9.3B (Apr 30, 2025) → reaffirmed $9.2B–$9.3B (Jul 30, 2025) → reaffirmed $9.2B–$9.3B (Jul 31, 2025) | $9.2B | within the range | -0.1% |
| Q3 2025 | $2.3B–$2.3B (Jul 30, 2025) → reaffirmed $2.3B–$2.3B (Jul 31, 2025) | $2.3B | within the range | -0.3% |
| Q2 2025 | $2.2B–$2.3B (Apr 30, 2025) | $2.3B | within the range | +0.1% |
| Q1 2025 | $2.2B–$2.2B (Feb 12, 2025) | $2.2B | within the range | +0.6% |
FFO
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $4.2B–$4.2B (Feb 11, 2026) → raised $4.2B–$4.3B (Apr 29, 2026) → raised $4.2B–$4.3B (Jul 29, 2026) | — | to be reported | — |
| FY2025 | $3.6B–$3.7B (Feb 12, 2025) → raised $3.7B–$3.8B (Apr 30, 2025) → lowered $10.0M (Jul 30, 2025) → reaffirmed $10.0M (Jul 31, 2025) → raised $3.7B–$3.8B (Oct 29, 2025) | — | — | — |
| FY2024 | $3.3B–$3.4B (May 8, 2024) → raised $3.3B–$3.4B (Aug 7, 2024) → raised $3.3B–$3.4B (Oct 30, 2024) | — | — | — |
Interest expense
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | $36.0M (May 8, 2024) | — | — | — |
FFO per share
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $41.93–$42.74 (Feb 11, 2026) → raised $42.31–$43.11 (Apr 29, 2026) → raised $42.69–$43.29 (Jul 29, 2026) → raised $43.71–$44.11 (Oct 28, 2026) | — | to be reported | — |
| FY2025 | $36.69–$37.51 (Feb 12, 2025) → raised $37.36–$38.17 (Apr 30, 2025) → reaffirmed $37.36–$38.17 (Jul 30, 2025) → reaffirmed $37.36–$38.17 (Jul 31, 2025) → raised $37.67–$38.48 (Oct 29, 2025) | — | — | — |
| FY2024 | $34.45–$35.29 (May 8, 2024) → raised $34.67–$35.30 (Aug 7, 2024) → reaffirmed $34.81–$35.22 (Oct 30, 2024) | — | — | — |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2029 | $3.0B–$4.0B (Jul 29, 2026) | — | to be reported | — |
| Q3 2026 | $70.0M–$90.0M (Jul 29, 2026) | $1.6B (GAAP) | not judged | — |
| Q2 2026 | $46.0M–$66.0M (Apr 29, 2026) | $1.6B (GAAP) | not judged | — |
| FY2026 | $3.4B–$3.9B (Feb 11, 2026) | — | to be reported | — |
| Q2 2025 | $49.0M–$69.0M (Apr 30, 2025) | $989M (GAAP) | not judged | — |
| FY2025 | $3.2B–$3.5B (Feb 12, 2025) → lowered $258M–$278M (Apr 30, 2025) → raised $3.2B–$3.4B (Jul 30, 2025) → reaffirmed $3.2B–$3.4B (Jul 31, 2025) → raised $3.5B–$4.0B (Oct 29, 2025) | $4.3B (GAAP) | not judged | — |
| FY2024 | $2.8B–$3.0B (May 8, 2024) → raised $2.9B–$3.1B (Aug 7, 2024) → reaffirmed $2.9B–$3.1B (Oct 30, 2024) | $3.1B (GAAP) | not judged | — |
Adjusted EBITDA
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $1.3B–$1.3B (Feb 11, 2026) → raised $5.2B–$5.2B (Apr 29, 2026) → raised $5.2B–$5.3B (Jul 29, 2026) → raised $5.3B–$5.3B (Oct 28, 2026) | — | to be reported | — |
| FY2025 | $1.0B–$1.1B (Feb 12, 2025) → raised $4.5B–$4.6B (Apr 30, 2025) → lowered $1.1B–$1.2B (Jul 30, 2025) → reaffirmed $1.1B–$1.2B (Jul 31, 2025) → raised $1.2B–$1.3B (Oct 29, 2025) | — | — | — |
| FY2024 | $1.0B–$1.0B (May 8, 2024) → raised $1.0B–$1.0B (Aug 7, 2024) → lowered $1.0B–$1.1B (Oct 30, 2024) | — | — | — |
The latest quarter
Equinix, Q3 2026: revenue $2.6B (+11% year over year), operating margin 23.3%, net earnings $489M, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.
Questions
Does Equinix beat its guidance?
Equinix gave guidance in 12 earnings releases on file since May 8, 2024. Of 9 guided periods since reported, it met or beat its own guidance 8 times (89%). Revenue: 8 of 9, on average -0.3% against the guided midpoint.
How often does Equinix raise guidance?
Its earnings releases raised guidance 7 times and lowered it 0 times since May 8, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.