Press release
Equinix Reports First-Quarter 2025 Results
Strong Start to 2025 as Company Exceeds Expectations Across Key Financial Metrics with Continued Positive Outlook for Increases in Recurring Revenue and
About this update from Equinix, Inc.
[{"type":"text","content":"Strong Start to 2025 as Company Exceeds Expectations Across Key Financial Metrics with Continued Positive Outlook for Increases in Recurring Revenue and Margin Expansion for the Year\n\n\nREDWOOD CITY, Calif., April 30, 2025 /PRNewswire/ --\nQuarterly revenues of $2.2 billion, an increase of 5% over the same quarter last year as-reported, or 8% on a normalized and constant currency basis, excluding the impact of power pass-throughSustained demand and improved sales execution resulted in gross and net bookings above our expectations for the quarterStrategy resonating with the marketplace, providing continued confidence in 2025 outlookEquinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today reported results for the quarter ended March 31, 2025.\n\"We delivered a strong start to the year, exceeding our expectations for both bookings and financial performance,\" said Adaire Fox-Martin, CEO and President, Equinix. \"Demand for our digital infrastructure and services remains robust. This, together with a healthy balance sheet and customer momentum across a full breadth of geographies, industries, segments, and products, reaffirms our confidence in our strategy and ability to create even greater value. As a result, we raised our guidance across our key financial metrics. I believe our focus on serving our customers even better and innovating the solutions and capacity they need to execute their AI, cloud, and digital strategies, will continue to unlock considerable value in the near and long-term.\" \nFirst-Quarter 2025 Results Summary\nRevenues$2.225 billion, a 5% increase over the same quarter of the previous year on an as-reported basis, or an 8% increase on a normalized and constant currency basis, excluding the impact of power pass-throughOperating Income$458 million, a 26% increase over the same quarter of the previous year, primarily due to strong underlying operating performanceNet Income Attributable to Common Stockholders and Net Income per Share Attributable to Common Stockholders$343 million, a 48% increase over the same quarter of the previous year, primarily due to higher underlying income from operations$3.50 per share, a 44% increase over the same quarter of the previous yearAdjusted EBITDA$1.067 billion, adjusted EBITDA margin of 48%, an 8% increase over the same quarter of the previous year on ...