Equinix Posts Strong Q1 2026 Results as AI and Cloud Demand Drives Double-Digit Growth
Equinix has reported strong financial results for the first quarter of 2026, reflecting continued demand for its digital infrastructure, cloud, and AI-driven solutions. For the ......
Black News 
Equinix has reported strong financial results for the first quarter of 2026, reflecting continued demand for its digital infrastructure, cloud, and AI-driven solutions. For the quarter ended March 31, 2026, the company recorded revenues of $2.444 billion, representing a 10% increase year-over-year. Operating income rose significantly by 26% to $577 million, while net income attributable to common stockholders reached $415 million, up 21% compared to the same period last year. Earnings per share also climbed 20% to $4.20, underscoring solid overall performance.
“Our results reflect continued strength across the business. We delivered double-digit recurring revenue growth whilst improving our margins as we capitalise on robust customer demand for our AI, cloud and networking solutions. We are raising our 2026 financial outlook based on the underlying strength of our Q1 performance and disciplined execution by our teams. The essential infrastructure we provide is enabling companies to accelerate innovation and enhancing our market position.”
– Adaire Fox-Martin, CEO and President, Equinix
Profitability metrics also showed strong momentum, with adjusted EBITDA reaching $1.245 billion and achieving a record margin of 51%, up 17% year-over-year. Adjusted Funds From Operations (AFFO) came in at $1.065 billion, an increase of 12%, while AFFO per share rose to $10.79. The company noted that its first-quarter results exceeded the midpoint of its guidance range when adjusting for the timing of the xScale® Hampton lease transaction.
Equinix also highlighted several key business developments during the quarter, including $378 million in annualized gross bookings and record presales of approximately $140 million. Notably, around 60% of its largest deals were related to artificial intelligence, reinforcing the growing importance of AI in its business strategy. The company introduced new offerings such as Equinix Fabric Intelligence™ and the Distributed AI Hub, aimed at embedding AI capabilities into network infrastructure and enabling businesses to build scalable AI ecosystems.
Looking ahead, Equinix raised its full-year 2026 guidance, projecting total revenues between $10.144 billion and $10.244 billion, representing approximately 10–11% growth over the previous year. Adjusted EBITDA is expected to range from $5.165 billion to $5.245 billion, with a margin of about 51%. The company also forecasts AFFO between $4.198 billion and $4.278 billion, alongside continued investment in infrastructure, with total capital expenditures estimated at approximately $4.1 billion.
For the second quarter of 2026, Equinix expects revenues to range between $2.571 billion and $2.611 billion, supported by steady demand and favorable currency movements. As the digital infrastructure landscape continues to evolve, the company emphasized its role in enabling innovation, particularly in AI, cloud computing, and interconnected digital ecosystems.
