Equinix's Income Statement Analysis: Revenue to Profit Breakdown
Equinix's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$6.64 B | $7.26 B | $8.19 B | $8.75 B | $9.22 B | $9.46 B |
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Cost of Revenue Direct cost of goods/services. |
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$3.47 B | $3.75 B | $4.23 B | $4.47 B | $4.51 B | $4.61 B |
Gross Profit Revenue minus cost of revenue. |
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$3.16 B | $3.51 B | $3.96 B | $4.28 B | $4.71 B | $4.85 B |
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Operating Expense
Costs to run business. |
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$2.05 B | $2.31 B | $2.52 B | $2.95 B | $2.86 B | $2.88 B |
Research and Development Investment in innovation. |
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- | - | - | - | - | - |
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Sales, General and Administrative
Selling and admin costs. |
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$2.04 B | $2.29 B | $2.51 B | $2.66 B | $2.74 B | $2.76 B |
General and Administrative Corporate overhead costs. |
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$1.30 B | $1.50 B | $1.65 B | $1.77 B | $1.84 B | $1.85 B |
Sales and Marketing Customer acquisition costs. |
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$741.23 M | $786.56 M | $855.80 M | $891.00 M | $903.00 M | $915.00 M |
Other Expenses Other operating costs. |
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$11.92 M | $26.00 M | $8.00 M | $296.00 M | $118.00 M | $117.00 M |
Operating Income Profit from operations. |
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$1.11 B | $1.20 B | $1.44 B | $1.33 B | $1.85 B | $1.97 B |
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Net Interest Income
Interest income minus expense. |
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-$333.44 M | -$320.00 M | -$308.00 M | -$320.00 M | - | -$375.00 M |
Interest Income Income from investments. |
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$2.64 M | $36.00 M | $94.00 M | $137.00 M | $193.00 M | $187.00 M |
Interest Expense Cost of borrowing. |
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$336.08 M | $356.00 M | $402.00 M | $457.00 M | -$527.00 M | $562.00 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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$163.13 M | $15.00 M | -$83.00 M | -$104.00 M | - | -$202.00 M |
Total Other Income (Net) Net non-operating items. |
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-$499.21 M | -$371.00 M | -$319.00 M | -$353.00 M | -$340.00 M | -$380.00 M |
Income Before Tax Profit before taxes. |
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$608.95 M | $829.00 M | $1.12 B | $975.00 M | $1.51 B | $1.59 B |
Income Tax Expense Taxes on income. |
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$109.22 M | $124.00 M | $155.00 M | $161.00 M | -$160.00 M | $167.00 M |
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Net Income
Final profit. |
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$500.19 M | $704.35 M | $969.18 M | $815.00 M | $1.35 B | $1.42 B |
Net Income From Continuing Operations Profit from core business. |
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$499.73 M | $705.00 M | $969.00 M | $814.00 M | - | $1.42 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$5.57 | $7.69 | $10.35 | $8.54 | $13.79 | $14.50 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$5.53 | $7.67 | $10.31 | $8.50 | $13.79 | $14.45 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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89.77 M | 91.57 M | 93.62 M | 95.46 M | 97.88 M | 98.39 M |
Diluted Average Shares Outst. Shares including dilution. |
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90.41 M | 91.83 M | 94.01 M | 95.83 M | 13.76 M | 98.73 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$945.03 M | $1.19 B | $1.53 B | $1.43 B | - | $2.17 B |
EBITDA Earnings before interest, tax, D&A. |
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$2.60 B | $2.92 B | $3.37 B | $3.44 B | $1.85 B | $4.30 B |
Depreciation and Amortization Non-cash expense for assets. |
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$1.66 B | $1.74 B | $1.85 B | $2.01 B | - | $2.13 B |
| Company Report |
Equinix's Assets vs Liabilities & Equity
Equinix's Assets vs Liabilities & Equity
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