| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 415 | 264 | 374 | 367 |
| Depreciation | NaN | NaN | NaN | 449 |
| Depreciation, amortization and accretion | 544 | 551 | 1,515 | NaN |
| Stock-based compensation | 128 | 128 | 130 | 127 |
| Amortization of intangible assets | NaN | NaN | NaN | 50 |
| Impairment charges | 2 | 63 | 4 | 1 |
| (gain) loss on asset sales | 20 | 0 | 1 | 0 |
| Other operating activities | 3 | -12 | 6 | -35 |
| Accounts receivable | 106 | -140 | 11 | 36 |
| Income taxes, net | -7 | 13 | -46 | -43 |
| Other assets | NaN | NaN | NaN | 12 |
| Operating lease right-of-use assets | -41 | -39 | -43 | -37 |
| Operating lease liabilities | -35 | -43 | -42 | -32 |
| Accounts payable and accrued expenses | -62 | 74 | 100 | 0 |
| Other liabilities | NaN | NaN | NaN | 9 |
| Other assets and liabilities | 180 | 97 | -84 | NaN |
| Net cash provided by operating activities | 717 | 1,144 | 1,014 | 944 |
| Purchases of equity investments | 146 | 6 | 6 | 5 |
| Distributions from equity investments | 0 | 42 | 13 | 0 |
| Purchases of short-term investments | 784 | 875 | 297 | 605 |
| Maturity of short-term investments | 595 | 235 | 320 | 450 |
| Business acquisitions, net of cash and restricted cash acquired | NaN | 69 | 0 | 182 |
| Real estate acquisitions | 123 | 603 | 292 | 82 |
| Purchases of other property, plant and equipment | 1,256 | 1,436 | 1,136 | 989 |
| Proceeds from sale of assets, net of cash transferred | 258 | 0 | 0 | 0 |
| Settlement of foreign currency hedges | 3 | -9 | -45 | -18 |
| Investment in loan receivable | NaN | 7 | 17 | 45 |
| Loan receivable upfront fee | NaN | 0 | 0 | 0 |
| Net cash used in investing activities | -1,459 | -2,710 | -1,370 | -1,440 |
| Proceeds from employee equity programs | 49 | 0 | 45 | 0 |
| Payment of dividends | 519 | 461 | 467 | 460 |
| Proceeds from public offering of common stock, net of issuance costs | 0 | 0 | 0 | 0 |
| Proceeds from senior notes, net of debt discounts | 1,492 | 1,745 | 500 | 1,696 |
| Repayment of finance lease liabilities | 41 | 44 | 39 | 40 |
| Contribution from non-controlling interest | NaN | 1 | 3 | NaN |
| Debt issuance costs | NaN | NaN | NaN | 12 |
| Repayment of senior notes | NaN | 0 | 1,200 | NaN |
| Repayment of other debt | 674 | NaN | NaN | NaN |
| Other financing activities | 42 | -16 | -16 | 6 |
| Net cash provided by financing activities | 349 | 1,225 | -1,159 | 1,191 |
| Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash | -6 | 0 | -10 | 33 |
| Net decrease in cash, cash equivalents and restricted cash | -399 | -341 | -1,525 | 728 |
| Cash, cash equivalents and restricted cash at beginning of period | 1,824 | 2,165 | 3,690 | 2,962 |
| Cash, cash equivalents and restricted cash at end of period | 1,425 | 1,824 | 2,165 | 3,690 |
EQUINIX INC (EQIX)
EQUINIX INC (EQIX)