Equinix Reports Record Q3 2026 Gross Bookings and Raises Full-Year Guidance
Equinix (EQIX) delivered strong third-quarter results for 2026, characterized by record annualized gross bookings of $533 million, a 35% increase year-over-year. The company reported revenue of $2.571 billion, up 12% on a normalized and constant currency basis, driven by robust demand across all global regions. Adjusted EBITDA grew 14% to $1.321 billion, benefiting from improved operating leverage and cost discipline. The results highlight the company's ability to capitalize on high-density AI workload requirements, evidenced by incoming customers requiring higher power density (7 kW per cabinet) compared to churning customers. Due to strong sales momentum, Equinix upwardly revised its full-year revenue guidance to a range of $10.325 billion to $10.365 billion. Despite some regional macro volatility affecting specific projects like Dubai, the company maintains a massive development pipeline and significant liquidity.
Tickers: $EQIX
Topics: Adjusted EBITDA AFFO Per Share Gross Bookings Guidance Revenue Growth