Filing Flows › Equinix (EQIX) › Q2 2026
Equinix (EQIX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Equinix (EQIX) reported revenue of $2.6B for the second quarter 2026 (Q2 2026), +16% from a year earlier and +7% from the quarter before. Operating margin was 25.3%, net earnings $477M (18.2% of revenue).
Equinix, Q2 2026: revenue $2.6B (+16% year over year), operating margin 25.3%, net earnings $477M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.6B | +7% | +16% |
| Operating profit | $665M | +15% | +35% |
| Net earnings | $477M | +15% | +30% |
| Operating cash flow | $1.1B | +49% | +13% |
What changed
Revenue was $2.6B in Q2 2026, up 16% year over year and up 7% from the previous quarter. Colocation was the largest line at 68% of revenue. Colocation added $0.19B year over year (up 12%), 51% of the total change. Managed infrastructure declined 4%.
Operating profit was $0.67B, a 25.3% margin (up 3.4 points year over year). Of the extra revenue versus Q2 2025, 46% reached operating profit, above the 22% margin then. Total costs grew 11% against revenue growth of 16%. The fastest-growing cost line was Other operating costs (+383%). Net earnings were $0.48B, up 30% year over year. The effective tax rate was 8.8%.
Operating cash flow was $1.1B (up 13% year over year), 224% of net earnings. Non-cash charges added back $0.55B of depreciation and amortization and $0.14B of share-based compensation. Working capital and other items used $0.11B. Capital expenditures of $1.6B exceeded it, leaving free cash flow of −$0.51B.
Questions
What was Equinix's revenue in the second quarter 2026?
Equinix (EQIX) reported revenue of $2.6B for the second quarter 2026 (Q2 2026), +16% from a year earlier and +7% from the quarter before.
Was Equinix profitable in the second quarter 2026?
Operating profit was $665M (25.3% of revenue) and net earnings $477M.
Source: Equinix 10-Q on SEC EDGAR.