Company / Operating Income
Equinix Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$1.8B
FY2025
5-year range
$1.1B / $1.8B
FY2021-FY2025
Trend
+39.2%
vs FY2024
Sector context
#4 of 71
Real Estate
What the data says
Among 71 Real Estate companies, Equinix is in the top 6% for operating income. Operating Income has fluctuated over the past 10 years, ranging from $619M in FY2016 to $1.8B in FY2025.
Based on SEC 10-K filings.
$1.8B in FY2025 with a 5-year CAGR of +11.9%. Top quartile in the Real Estate sector.
Improved from $1.4B to $1.8B over the past 2 years.
Real Estate sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +15.5%
- 5-Year CAGR
- +11.9%
- 10-Year CAGR
- -
Sector benchmark
Top 6% in Real EstateTop 6% of 71This company $1.8B Sector average $492.4M
▼
+275.3% above sector average
Key checks
Key Insights
- 5-year CAGR of +11.9%, indicating consistent growth.
- In FY2025, operating income increased 39.2% year-over-year.
- Ranks #4 out of 71 companies in the Real Estate sector.
- Lowest operating income in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.75 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.8B | +39.2% |
| FY2024 | $1.3B | -8.0% |
| FY2023 | $1.4B | +20.3% |
| FY2022 | $1.2B | +8.3% |
| FY2021 | $1.1B | +5.2% |
| FY2020 | $1.1B | -10.0% |
| FY2019 | $1.2B | +19.7% |
| FY2018 | $977.4M | +20.8% |
| FY2017 | $809.0M | +30.8% |
| FY2016 | $618.7M | +9.1% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026