Overview
- Equinix guided 2026 revenue to $10.12–$10.22 billion versus LSEG’s $10.07 billion consensus and projected Q1 sales of $2.50–$2.54 billion versus $2.46 billion expected.
- Executives said roughly 60% of the company’s largest Q4 deals were tied to AI workloads, which are showing higher power density and more liquid-cooled deployments.
- Fourth‑quarter revenue came in at $2.42 billion versus $2.46 billion estimated, with management pointing to a lease‑transaction timing shift expected to close early 2026; net income from continuing operations was $264 million.
- Bookings hit records with Q4 at $474 million, up 42% year over year, and full‑year annualized gross bookings at $1.6 billion, up 27%; pre‑sales for Q1 2026 had already reached $100 million by mid‑February.
- Capacity expanded with 23,250 new retail cabinets and more than 90 MW of hyperscale added in 2025, and the pipeline stands at 52 projects including builds in Chennai and Jakarta plus £3.9 billion committed in the U.K.