Equinix Inc. NASDAQ: EQIX stock is up more than 12% after the company reported earnings after the market closed on Feb. 11. The real estate investment trust (REIT) missed on the top and bottom lines, but it was the guidance that has investors bidding the stock higher.
EQIX lags Q4 AFFO and revenue estimates as expenses rise. Recurring revenues increase, and dividend jumps 10%, with upbeat 2026 revenue and AFFO outlook.
Equinix, Inc. (EQIX) Q4 2025 Earnings Call Transcript
While the top- and bottom-line numbers for Equinix (EQIX) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Equinix (EQIX) came out with quarterly funds from operations (FFO) of $8.91 per share, missing the Zacks Consensus Estimate of $9.07 per share. This compares to FFO of $7.92 per share a year ago.
EQIX's Q4 earnings are likely to have benefited from growing demand for data centers amid increasing digitization, though high interest expenses may have hurt.
Equinix stands as the global leader in data centers, offering stable growth, profits, and dividends amid the AI infrastructure boom. EQIX's diversified revenue streams, prime global footprint, and robust interconnection services underpin its resilient, sector-beating performance across economic cycles. Despite a ramp-up in capex ($20-$25 billion through 2029), EQIX maintains investment grade credit and targets 7-10% organic revenue growth annually.
Get a deeper insight into the potential performance of Equinix (EQIX) for the quarter ended December 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
Equinix (EQIX) reached $810.38 at the closing of the latest trading day, reflecting a -1.29% change compared to its last close.
Equinix (EQIX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Equinix (EQIX) closed the most recent trading day at $806.35, moving +1.91% from the previous trading session.
EQIX remains a great dividend/capital appreciation Buy, supported by the robust AI monetization, capacity expansion, and resilient trading support since 2021. Higher global IBX cabinet additions and increasing MMR per cabinet bookings underpin the REIT's ability to deliver the ambitious FY2029 AFFO per share guidance of $50+. EQIX's balance sheet flexibility and ongoing power/land procurement set the stage for robust growth, allowing them to monetize the growing bookings.