Equinix

Equinix, Inc. (Nasdaq: EQIX) connects the world’s leading businesses to their customers, employees and partners inside the most interconnected data centers. In 40 markets across five continents, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies. In a digital economy where enterprise business models are increasingly interdependent, interconnection is essential to success. Equinix operates the only global interconnection platform, sparking new opportunities that are only possible when companies come together.

Company Growth (employees)

Type

Public

Redwood City, US

Founded

1998

Size (employees)

5,042 (est)

Website

equinix.com

Equinix was founded in 1998 and is headquartered in Redwood City, US

Equinix Office Locations

Equinix has an office in Redwood City

Redwood City, US (HQ)

400 1 Lagoon Dr

Equinix Data and Metrics

Equinix Financial Metrics

Equinix's revenue was reported to be $3.6 b in FY, 2016 which is a 33% increase from the previous period.

Summary

USD

Equinix's current market capitalization is $32.5 b.

Income Statement

USD	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	1.2 b	1.6 b	1.9 b	2.2 b	2.4 b	2.7 b	3.6 b
Revenue growth, %		31%	21%	14%	14%	12%	33%
Cost of goods sold				1.1 b	1.2 b	1.3 b	1.8 b
Gross profit				1.1 b	1.2 b	1.4 b	1.8 b
Gross profit Margin, %				51%	51%	53%	50%
Sales and marketing expense							438.7 m
General and administrative expense							694.6 m
Operating expense total				627.4 m	736.6 m	867 m	3 b
EBIT				460.9 m	509.3 m	567.3 m	618.7 m
EBIT margin, %				21%	21%	21%	17%
Interest expense	140.5 m	181.3 m	200.3 m	248.8 m	270.6 m	299.1 m	392.2 m
Interest income				3.4 m	2.9 m	3.6 m	3.5 m
Pre tax profit				112.3 m	84.7 m		159.9 m
Income tax expense	12.6 m	37.3 m	58.6 m	16.2 m	345.5 m	23.2 m	(45.5 m)
Net Income				96.1 m	(260.7 m)	187.8 m	126.8 m

Balance Sheet

USD	Y, 2009	Y, 2010	Y, 2011	Y, 2012	Y, 2013	Y, 2014	FY, 2015	FY, 2016
Cash	346.1 m	442.8 m	278.8 m	252.2 m	685 m	610.9 m	2.2 b	748.5 m
Accounts Receivable								388 m
Current Assets					888.7 m	1.5 b	3.3 b	1.5 b
PP&E					4.6 b		5.6 b	7.2 b
Goodwill					1 b	1 b	1.1 b	3 b
Total Assets					7.5 b	7.8 b	10.4 b	12.6 b
Accounts Payable					263.2 m	285.8 m	400.9 m	581.7 m
Current Liabilities					546.5 m	643.8 m	1.7 b	1 b
Total Liabilities								8.2 b
Additional Paid-in Capital					2.7 b	3.3 b	4.8 b	7.4 b
Retained Earnings					(36.4 m)	(296 m)	(108.2 m)	18.6 m
Total Equity					2.5 b	2.3 b	2.7 b	4.4 b
Financial Leverage					3 x	3.4 x	3.8 x	2.9 x

Cash Flow

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	96.1 m	(260.7 m)	187.8 m	126.8 m
Depreciation and Amortization	432.5 m	481.7 m	525.6 m	837.2 m
Accounts Receivable	(28 m)	(100 m)	(45 m)	(100.2 m)
Accounts Payable	7.2 m	10.7 m	109.1 m	61.6 m
Cash From Operating Activities	604.6 m	689.4 m	894.8 m	1 b
Cash From Investing Activities	(1.2 b)	(435.8 m)	(1.1 b)	(1.6 b)
Long-term Borrowings		(29.5 m)		(51 k)
Cash From Financing Activities	574.9 m	107.4 m	1.9 b	(894.3 m)
Interest Paid	210.6 m	262 m	237.4 m	350.1 m
Income Taxes Paid	123.7 m	117.2 m	132.3 m	39.3 m