Equinix

OverviewSuggest Edit

Equinix is a company that provides data center and colocation services. It offers data centers and interconnection solutions, edge services, business and digital ecosystems, consulting, managed and cloud services, and support. The company serves automotive, healthcare, payments, manufacturing, content, digital media, and internet of things (IoT) industries.
TypePublic
Founded1998
HQRedwood City, CA, US
Websiteequinix.com
Employee Ratings4.2
Overall CultureB+

Latest Updates

Employees (est.) (Dec 2021)10,944(+10%)
Job Openings1,060
Revenue (FY, 2021)$6.6 B(+11%)
Share Price (Jun 2022)$689.2(+2%)
Cybersecurity ratingDMore
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Key People/Management at Equinix

Charles Meyers

Charles Meyers

President, Chief Executive Officer and Director
Sara Baack

Sara Baack

Chief Product Officer
Michael Campbell

Michael Campbell

Chief Sales Officer
Justin Dustzadeh

Justin Dustzadeh

Chief Technology Officer
Keith D. Taylor

Keith D. Taylor

Chief Financial Officer
Eric Schwartz

Eric Schwartz

Chief Strategy and Development Officer
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Equinix Office Locations

Equinix has offices in Redwood City, Ashburn, Atlanta, Billerica and in 101 other locations
Redwood City, CA, US (HQ)
1 Lagoon Dr #400
Ashburn, VA, US
21551 Beaumeade Cir
Ashburn, VA, US
21691 Filigree Ct
Ashburn, VA, US
21701 Filigree Ct
Ashburn, VA, US
21711 Filigree Ct
Ashburn, VA, US
21715 Filigree Ct
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Equinix Financials and Metrics

Equinix Revenue

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View revenue for all periods
Equinix's revenue was reported to be $6.64 b in FY, 2021 which is a 10.6% increase from the previous period.
USD

Revenue (Q1, 2022)

1.7b

Gross profit (Q1, 2022)

818.6m

Gross profit margin (Q1, 2022), %

47.2%

Net income (Q1, 2022)

147.7m

EBIT (Q1, 2022)

267.3m

Market capitalization (24-Jun-2022)

62.1b

Closing stock price (24-Jun-2022)

689.2

Cash (31-Mar-2022)

1.7b

EV

75.4b
Equinix's current market capitalization is $62.1 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

5.6b6.0b6.6b

Revenue growth, %

10%8%11%

Cost of goods sold

2.8b3.1b3.5b

Gross profit

2.8b2.9b3.2b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

1.4b1.5b1.5b1.6b1.7b1.7b1.7b

Cost of goods sold

736.3m739.3m768.0m811.2m865.1m885.7m915.9m

Gross profit

708.3m730.8m751.8m784.8m792.8m789.5m818.6m

Gross profit Margin, %

49%50%49%49%48%47%47%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

1.9b1.6b1.5b

Accounts Receivable

689.1m676.7m681.8m

Current Assets

2.9b2.6b3.0b

PP&E

12.2b14.5b15.4b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

1.2b4.8b2.6b1.8b1.8b1.4b1.7b

Accounts Receivable

687.2m691.6m705.5m684.6m726.4m792.1m780.4m

Current Assets

2.3b6.0b4.0b2.8b3.1b2.9b3.1b

PP&E

12.2b12.7b13.1b14.8b15.1b15.3b15.5b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

507.2m370.1m499.7m

Depreciation and Amortization

1.3b1.4b1.7b

Accounts Payable

(27.9m)25.8m64.6m

Cash From Operating Activities

2.0b2.3b2.5b
Quarterly
USDQ2, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

261.6m119.0m252.3m319.1m156.1m224.6m376.6m147.7m

Depreciation and Amortization

632.4m335.9m684.5m1.0b395.0m811.3m1.2b435.3m

Accounts Payable

23.3m(25.7m)(25.6m)35.8m(76.4m)(57.2m)10.0m(76.0m)

Cash From Operating Activities

964.1m516.8m1.1b1.6b391.2m990.4m1.7b581.1m
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Equinix Operating Metrics

Equinix's Enterprise Customers was reported to be 10 k in FY, 2020.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Enterprise Customers

9.8 k9.7 k10 k

Markets

525252535555566363636465

Data Centers

200202203204204211214227224229230237

Data Centers (Americas)

8786104

Equinix Acquisitions / Subsidiaries

Company NameDateDeal Size
MainOne companyDecember 07, 2021$320 m
GPX IndiaSeptember 01, 2021$170.5 m
PacketJanuary 14, 2020$335 m
MetronodeDecember 17, 2017$792 m
Itconic Innovate ITSeptember 11, 2017$259 m
TelecityGroupJanuary 16, 2016$3.6 b
Bit-isle EquinixDecember 09, 2015
NimboJanuary 22, 2015
Alog Data Centers do BrasilJuly 24, 2014
Kleyer 90 Carrier HotelOctober 09, 2013
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Equinix Revenue Breakdown

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Equinix revenue breakdown by business segment: 6.3% from Non-recurring Revenues and 93.7% from Recurring Revenues

Equinix revenue breakdown by geographic segment: 67.4% from Americas and 32.6% from Asia-Pacific

Human Capital Metrics

Equinix's employees are reported to be approximately 22% female and 78% male.
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Equinix Cybersecurity Score

Cybersecurity ratingPremium dataset

D

61/100

SecurityScorecard logo

Equinix Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Equinix Online and Social Media Presence

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Equinix Company Culture

  • Overall Culture

    B+

    76/100

  • CEO Rating

    A+

    84/100

  • Compensation

    B

    74/100

  • Diversity

    B-

    70/100

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Equinix News and Updates

Insights on the Edge Data Center Global Market to 2027 - Featuring Eaton, Vertiv Holdings and Equinix Among Others

Dublin, June 20, 2022 (GLOBE NEWSWIRE) -- The "Global Edge Data Center Market Size, Share & Industry Trends Analysis Report By Component, By Facility Size, By Vertical, By Regional Outlook and Forecast, 2021-2027" report has been added to ResearchAndMarkets.com's offering. The Global Edge Data…

Equinix and PGIM Real Estate Open First xScale™ Data Center in Sydney for Hyperscalers

REDWOOD CITY, Calif., June 13, 2022 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company™, and PGIM Real Estate, the real estate investment and financing arm of PGIM, Prudential Financial's* global asset management business, today announced the opening...

Colombia Data Center Market Investment Report 2022-2027 Featuring Investors - Equinix, GlobeNet, HostDime, & IPXON Networks

Dublin, June 06, 2022 (GLOBE NEWSWIRE) -- The "Colombia Data Center Market - Investment Analysis & Growth Opportunities 2022-2027" report has been added to ResearchAndMarkets.com's offering. This report considers the present scenario of the Colombia data center market and its market dynamics f…

Sustainability Efforts At Equinix And SoftIron

Equinix is driving a push towards more sustainable data centers using Fuel Cells and other initiatives in its Clean Hydrogen Partnership. SoftIron sustainability assessment indicates that the company’s HyperDrive storage uses up to 5X less than industry standard servers.

How Equinix wants the internet to be ready for the metaverse

Equinix, which has more than 240 datacenters around the world, is contemplating how to build the metaverse.

Equinix Expands in Latin America, Completes Acquisition of Four Data Centers in Chile

Deal accelerates digital transformation opportunities for local, regional and global companies REDWOOD CITY, Calif., May 3, 2022 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company™, today announced it has extended Platform Equinix® deeper into Latin...
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Equinix Blogs

The future of elderly patient care begins with architecting digital ecosystems

The aging population has increasingly become a global issue with significant implications on healthcare, especially with a decreasing ratio of healthcare workers to patients…

Don’t Let the Chip Shortage Derail Your Digital Transformation

The global chip shortage has been going on for over two years now, and it’s still unclear exactly when chip production will return to…

Build a Cloud-Ready Infrastructure with Equinix and WWT

While the ongoing hardware supply chain shortages aren’t news to anyone, exactly how long they’ll continue is difficult to say for sure. Analysis from…

Equinix Increases Network Agility with F5 NGINX Plus Load Balancer

Today’s customers have grown more demanding than ever. Across industries, end users expect new services and applications that make their lives easier, and they…

Carbon Neutrality Technologies are Propelling Australia’s Mining Industry to New Heights

There is clearly a strong business case to advance the environmental, social and governance (ESG) agenda. Companies and industries are facing increasing pressure from…

Why Using the Right Time Protocol is Essential for Business

The growth of the digital economy and distributed computing has put an increased focus on time accuracy in networks. As digital transaction volumes increase,…
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Equinix Frequently Asked Questions

  • When was Equinix founded?

    Equinix was founded in 1998.

  • Who are Equinix key executives?

    Equinix's key executives are Charles Meyers, Sara Baack and Michael Campbell.

  • How many employees does Equinix have?

    Equinix has 10,944 employees.

  • What is Equinix revenue?

    Latest Equinix annual revenue is $6.6 b.

  • What is Equinix revenue per employee?

    Latest Equinix revenue per employee is $606.3 k.

  • Who are Equinix competitors?

    Competitors of Equinix include NTT, Iron Mountain and NetApp.

  • Where is Equinix headquarters?

    Equinix headquarters is located at 1 Lagoon Dr #400, Redwood City.

  • Where are Equinix offices?

    Equinix has offices in Redwood City, Ashburn, Atlanta, Billerica and in 101 other locations.

  • How many offices does Equinix have?

    Equinix has 180 offices.