Equinix Data Center Growth and Financial Highlights
Equinix (NASDAQ: EQIX), a leading data center REIT, operates 280 data centers across six continents, serving over 10,500 companies, including 60% of the Fortune 500. The company’s revenue reached $9.2 billion in 2025, reflecting a 5% increase from the previous year, with projections indicating it will surpass $10 billion in 2026. Notably, Equinix saw a significant surge in bookings, growing 14% in Q3 and 20% in Q4 of 2025.
Equinix generates approximately 70% of its revenue from space rentals, bolstered by partnerships with major cloud providers like Amazon, Google, and Microsoft. In addition, the adjusted funds from operations (AFFO) grew by 12% to $3.7 billion in 2025. Despite its share price of $937, Equinix maintains a dividend of $5.16 per share, yielding 2%, with a track record of annual increases over the past 11 years.
The data center market continues to expand, driven by rising AI investments, with tech giants like Amazon projecting $200 billion in capital expenditures for 2026. Currently, there are 4,000 data centers operational in the U.S., with another 3,000 either under construction or planned.
