← EQUINIX INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.6b | $4.4b | $5.1b | $5.6b | $6.0b | $6.6b | $7.3b | $8.2b | $8.7b | $9.2b | |
| Cost of Goods and Services Sold | $1.8b | $2.2b | $2.6b | $2.8b | $3.1b | $3.5b | $3.8b | $4.2b | $4.5b | $4.5b | |
| Gross Profit (Calculated) | $1.8b | $2.2b | $2.5b | $2.8b | $2.9b | $3.2b | $3.5b | $4.0b | $4.3b | $4.7b | |
| Operating expenses: | |||||||||||
| Operating Income (Loss) | $618.7m | $809.0m | $977.4m | $1.2b | $1.1b | $1.1b | $1.2b | $1.4b | $1.3b | $1.8b | |
| Additional Financial Items | |||||||||||
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | $11.7m | ($24.0m) | ($17.0m) | |
| Amortization of Intangible Assets | $122.9m | $177.0m | $203.4m | $196.3m | $199.0m | $205.5m | $204.8m | $209.1m | $208.0m | $200.0m | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | $0 | $0 | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $215.0m | $148.5m | $298.0m | $328.8m | $18.4m | $137.5m | $334.5m | $278.5m | $147.0m | $380.0m | |
| Income (Loss) from Continuing Operations, Per Basic Share | $2 | $3 | $5 | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $2 | $3 | $5 | $6 | $4 | $6 | $8 | $10 | $8 | $14 | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $159.9m | $286.8m | $433.0m | $692.6m | $516.2m | $609.0m | $829.4m | $1.1b | $975.0m | $1.5b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $233.0m | $365.4m | $205k | $297k | $463k | $232k | $198k | $1.0m | $2.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $114.4m | $0 | $0 | $205k | $297k | $463k | $232k | $198k | $1.0m | $2.0m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $12.4m | $0 | $0 | $205k | $297k | $463k | $232k | $198k | $1.0m | $2.0m | |
| Net Income (Loss) Attributable to Parent | $126.8m | $233.0m | $365.4m | $507.4m | $369.8m | $500.2m | $704.3m | $969.2m | $815.0m | $1.4b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $0 | $0 | ($205k) | $297k | ($463k) | $232k | ($198k) | ($1.0m) | ($2.0m) | |
| Earnings Per Share, Basic | $1.81 | $3.03 | $4.58 | $6.03 | $4.22 | $5.57 | $7.69 | $10.35 | $8.54 | $13.79 | |
| Earnings Per Share, Diluted | $1.79 | $3.00 | $4.56 | $5.99 | $4.18 | $5.53 | $7.67 | $10.31 | $8.50 | $13.76 | |
| Common Stock, Dividends, Per Share, Declared | $1.81 | $8.00 | $9.12 | $6.03 | $4.22 | $5.57 | $7.69 | $10.35 | $17.04 | $18.76 | |
| Weighted Average Number of Shares Outstanding, Basic | 70.1m | 76.9m | 79.8m | 84.1m | 87.7m | 89.8m | 91.6m | 93.6m | 95.5m | 97.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | 70.8m | 77.5m | 80.2m | 84.7m | 88.4m | 90.4m | 91.8m | 94.0m | 95.8m | 98.1m | |
| General and Administrative Expense | $694.6m | $745.9m | $826.7m | $935.0m | $1.1b | $1.3b | $1.5b | $1.7b | $1.8b | $1.8b | |
| Other Nonoperating Income (Expense) | ($57.9m) | $9.2m | $14.0m | $27.8m | $6.9m | ($50.6m) | ($51.4m) | ($11.2m) | ($17.0m) | ($7.0m) | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $457.0m | $527.0m | |
| Business Combination, Acquisition Related Costs | $64.2m | $38.6m | $34.4m | $24.8m | $55.9m | $22.8m | $21.8m | $12.4m | $50.0m | $18.0m | |
| Current Income Tax Expense (Benefit) | $80.8m | $100.5m | $113.8m | $157.9m | $164.9m | $68.9m | $82.4m | $150.4m | $191.0m | $216.0m | |
| Interest Expense | $392.2m | $478.7m | $521.5m | $479.7m | $406.5m | $336.1m | $356.3m | $402.0m | $457.0m | $527.0m | |
| Selling and Marketing Expense | $438.7m | $581.7m | $633.7m | $651.0m | $718.4m | $741.2m | $786.6m | $855.8m | $891.0m | $903.0m | |
| Income Tax Expense (Benefit) | $45.5m | $53.9m | $67.7m | $185.4m | $146.2m | $109.2m | $124.8m | $155.2m | $161.0m | $160.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.