Equinix, Inc.
EQIXFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
8,748
Cost of Revenue
4,467
Gross Profit
4,281
Gross Margin
48.9%
Operating Income
1,328
Operating Margin
15.2%
Net Income
815
Net Margin
9.3%
EPS (Basic)
$8.54
EPS (Diluted)
$8.50
EBITDA
3,441
EBITDA Margin
39.3%
2023
12/31/2023
Revenue
8,188
Cost of Revenue
4,228
Gross Profit
3,960
Gross Margin
48.4%
Operating Income
1,443
Operating Margin
17.6%
Net Income
969
Net Margin
11.8%
EPS (Basic)
$10.35
EPS (Diluted)
$10.31
EBITDA
3,371
EBITDA Margin
41.2%
2022
12/31/2022
Revenue
7,263
Cost of Revenue
3,751
Gross Profit
3,512
Gross Margin
48.4%
Operating Income
1,200
Operating Margin
16.5%
Net Income
704
Net Margin
9.7%
EPS (Basic)
$7.69
EPS (Diluted)
$7.67
EBITDA
2,922
EBITDA Margin
40.2%
2021
12/31/2021
Revenue
6,636
Cost of Revenue
3,472
Gross Profit
3,163
Gross Margin
47.7%
Operating Income
1,108
Operating Margin
16.7%
Net Income
500
Net Margin
7.5%
EPS (Basic)
$5.57
EPS (Diluted)
$5.53
EBITDA
2,601
EBITDA Margin
39.2%
2020
12/31/2020
Revenue
5,999
Cost of Revenue
3,074
Gross Profit
2,924
Gross Margin
48.7%
Operating Income
1,053
Operating Margin
17.6%
Net Income
370
Net Margin
6.2%
EPS (Basic)
$4.22
EPS (Diluted)
$4.18
EBITDA
2,346
EBITDA Margin
39.1%