Company / SG&A Expense
Equinix SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$1.8B
FY2025
5-year range
$1.3B / $1.8B
FY2021-FY2025
Trend
+4.2%
vs FY2024
Sector context
#1 of 131
Real Estate
What the data says
Among 131 Real Estate companies, Equinix is in the bottom 1% for sg&a expense. SG&A Expense has increased for 9 consecutive years, from $695M in FY2016 to $1.8B in FY2025.
Based on SEC 10-K filings.
$1.8B in FY2025 with a 5-year CAGR of +11.0%. Ranks 1st among 131 companies in Real Estate.
Increased from $1.7B to $1.8B over the past 2 years.
Real Estate sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +7.1%
- 5-Year CAGR
- +11.0%
- 10-Year CAGR
- -
Sector benchmark
Bottom 1% in Real EstateTop 99% of 131This company $1.8B Sector average $159.5M
▼
+1053.7% above sector average
Key checks
Key Insights
- Equinix's sg&a expense has grown for 9 consecutive years.
- 5-year CAGR of +11.0%, indicating consistent growth.
- In FY2025, sg&a expense increased 4.2% year-over-year.
- Ranks #1 out of 131 companies in the Real Estate sector.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.8B | +4.2% |
| FY2024 | $1.8B | +6.8% |
| FY2023 | $1.7B | +10.3% |
| FY2022 | $1.5B | +15.1% |
| FY2021 | $1.3B | +19.3% |
| FY2020 | $1.1B | +16.7% |
| FY2019 | $935.0M | +13.1% |
| FY2018 | $826.7M | +10.8% |
| FY2017 | $745.9M | +7.4% |
| FY2016 | $694.6M | +40.8% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026