EQIXEquinix

Real estate · REIT · Nasdaq

Equinix (Nasdaq: EQIX) is the world's digital infrastructure company, shortening the path to boundless connectivity anywhere in the world to enable the innovations that enrich our work, life and planet. 10-K, Item 1

Employees: 13,716
Headquarters: Redwood City, CA
CEO: Adaire Fox-Martin
Next results: around Feb 10, 2027

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RevenueFY2016–25 $9.2B+5.4% Highest in 10 years 10-K FY2025 · XBRL Net incomeFY2016–25 $1.4B+65.6% Highest in 10 years 10-K FY2025 · XBRL Free cash flowFY2016–25 −$400.0M FY2024: $183.0M 10-K FY2025 · XBRL Operating marginFY2016–25 20.0%+4.9 pts 17.1% in FY2016 10-K FY2025 · XBRL

What changed

10-K filed Feb 11, 2026 against Feb 12, 2025

Area	What changed	Source
Risk factors	16 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Accounting checks	10 other checks clear	10-K · XBRL
Insiders	No open-market buys in the last 90 days	Form 4
Filings	5 in the last 30 days	EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Feb 11, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-12. Quoted as filed.

Geopolitical events and political tensions contribute to an already complex landscape, and could have a negative effect on our global business operations. Geopolitical events, including trade tensions between the U.S. and other countries, the war between Russia and Ukraine, and ongoing conflicts in the Middle East, could negatively…
10-K, Item 1A

All 16 new paragraphs →

Accounting checks

latest 10-K

10 of 10 clear 0 worth a look. Checks, not verdicts.

✓
Receivables +5.5% vs revenue +5.4% (+0.1 pts)
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Cash from operations $3.9B vs net income $1.4B (FY ending 2025-12-31)
✓
Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
✓
No statement of substantial doubt about going concern
✓
No 8-K item 4.02 in the last 2 years
✓
No NT 10-K or NT 10-Q in the last 2 years
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The same matters as last year: Revenue Recognition - Colocation and Interconnection Revenues
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No sentence in the 10-K concludes that controls were not effective because of a material weakness
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No 8-K item 2.06 in the last 2 years
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No 8-K item 1.03 in the last 2 years

How each check works, with sources →

In the last 30 days

All filings →

Nov 9, 20268-K Other events 8-K item 8.01
Oct 28, 2026Offering Shelf registration: shares and other securities, amount not fixed S-3ASR · Under this prospectus, we may from time to time offer and, if applicable, sell shares of our common stock having an aggregate offering price of up to $700,002,718, at prices and on terms to be determined by market conditions at the time of the offering.
Oct 28, 2026Offering Shelf registration: shares and other securities, amount not fixed S-3ASR · Ltd. Equinix, Inc. may offer from time to time common stock, preferred stock, debt securities, depositary shares representing preferred stock, warrants, purchase contracts, units or guarantees of debt securities, in one or more offerings, in amounts, at prices and on terms determined at the time of
Oct 28, 20268-K Quarterly results 8-K item 2.02
Oct 28, 202610-Q Quarterly report (10-Q) period ended Sep 30, 2026

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