Equinix Free Cash Flow (FCF) History (EQIX)
Equinix reported −$400.0M in free cash flow for fiscal 2025, a decrease of $583.0M from the previous fiscal year, with a free cash flow margin of −4.34%.
View full Equinix company overviewEquinix free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$400.0M | −$583.0M | — | −4.34% |
| 2024 | 2024-12-31 | $183.0M | −$253.0M | −58.03% | +2.09% |
| 2023 | 2023-12-31 | $436.0M | −$249.0M | −36.35% | +5.32% |
| 2022 | 2022-12-31 | $685.0M | $889.3M | — | +9.43% |
| 2021 | 2021-12-31 | −$204.3M | −$231.6M | — | −3.08% |
| 2020 | 2020-12-31 | $27.3M | $114.1M | — | +0.46% |
| 2019 | 2019-12-31 | −$86.8M | $194.0M | — | −1.56% |
| 2018 | 2018-12-31 | −$280.7M | −$341.3M | — | −5.54% |
| 2017 | 2017-12-31 | $60.5M | $154.5M | — | +1.39% |
| 2016 | 2016-12-31 | −$94.0M | −$120.7M | — | −2.60% |
| 2015 | 2015-12-31 | $26.7M | −$2.5M | −8.60% | +0.98% |
| 2014 | 2014-12-31 | $29.2M | −$3.0M | −9.27% | +1.20% |
| 2013 | 2013-12-31 | $32.2M | $498.8M | — | +1.50% |
| 2012 | 2012-12-31 | −$466.6M | −$1.03B | — | −24.72% |
| 2011 | 2011-12-31 | $559.3M | $181.2M | +47.95% | +35.72% |
| 2010 | 2010-12-31 | $378.0M | $392.1M | — | +31.60% |
| 2009 | 2009-12-31 | −$14.1M | $165.4M | — | −1.59% |
| 2008 | 2008-12-31 | −$179.5M | — | — | −25.47% |
Equinix quarterly free cash flow
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$511.0M | −$466.0M | — | −19.47% |
| Q1 2026 | 2026-03-31 | −$539.0M | −$598.0M | — | −22.05% |
| Q4 2025 | 2025-12-31 | −$292.0M | −$286.0M | — | −12.07% |
| Q3 2025 | 2025-09-30 | −$122.0M | −$156.0M | — | −5.27% |
| Q2 2025 | 2025-06-30 | −$45.0M | −$309.0M | — | −1.99% |
| Q1 2025 | 2025-03-31 | $59.0M | $168.0M | — | +2.65% |
| Q4 2024 | 2024-12-31 | −$6.0M | −$9.0M | — | −0.27% |
| Q3 2024 | 2024-09-30 | $34.0M | −$134.0M | −79.76% | +1.54% |
| Q2 2024 | 2024-06-30 | $264.0M | $161.0M | +156.31% | +12.23% |
| Q1 2024 | 2024-03-31 | −$109.0M | −$271.0M | — | −5.12% |
| Q4 2023 | 2023-12-31 | $3.0M | $70.9M | — | +0.16% |
| Q3 2023 | 2023-09-30 | $168.0M | −$99.6M | −37.21% | +8.15% |
| Q2 2023 | 2023-06-30 | $103.0M | −$213.8M | −67.48% | +5.10% |
| Q1 2023 | 2023-03-31 | $162.0M | −$6.6M | −3.92% | +7.28% |
| Q4 2022 | 2022-12-31 | −$67.9M | −$142.6M | — | −3.63% |
| Q3 2022 | 2022-09-30 | $267.6M | $281.1M | — | +14.54% |
| Q2 2022 | 2022-06-30 | $316.8M | $409.8M | — | +17.43% |
| Q1 2022 | 2022-03-31 | $168.6M | $341.0M | — | +9.72% |
| Q4 2021 | 2021-12-31 | $74.7M | $222.9M | — | +4.38% |
| Q3 2021 | 2021-09-30 | −$13.5M | $19.6M | — | −0.81% |
| Q2 2021 | 2021-06-30 | −$93.0M | −$185.8M | — | −5.61% |
| Q1 2021 | 2021-03-31 | −$172.4M | −$288.3M | — | −10.80% |
| Q4 2020 | 2020-12-31 | −$148.2M | $36.7M | — | −9.47% |
| Q3 2020 | 2020-09-30 | −$33.1M | $24.7M | — | −2.18% |
| Q2 2020 | 2020-06-30 | $92.7M | −$6.0M | −6.09% | +6.31% |
| Q1 2020 | 2020-03-31 | $115.9M | $58.7M | +102.70% | +8.02% |
| Q4 2019 | 2019-12-31 | −$184.9M | −$62.9M | — | −13.05% |
| Q3 2019 | 2019-09-30 | −$57.8M | $70.6M | — | −4.14% |
| Q2 2019 | 2019-06-30 | $98.8M | $80.3M | +434.11% | +7.13% |
| Q1 2019 | 2019-03-31 | $57.2M | $106.0M | — | +4.19% |
| Q4 2018 | 2018-12-31 | −$122.0M | −$184.2M | — | −9.32% |
| Q3 2018 | 2018-09-30 | −$128.4M | −$198.7M | — | −10.00% |
| Q2 2018 | 2018-06-30 | $18.5M | $60.6M | — | +1.47% |
| Q1 2018 | 2018-03-31 | −$48.8M | −$19.0M | — | −4.02% |
| Q4 2017 | 2017-12-31 | $62.2M | $147.9M | — | +5.18% |
| Q3 2017 | 2017-09-30 | $70.3M | $14.1M | +25.14% | +6.10% |
| Q2 2017 | 2017-06-30 | −$42.1M | −$70.5M | — | −3.95% |
| Q1 2017 | 2017-03-31 | −$29.9M | $63.0M | — | −3.15% |
| Q4 2016 | 2016-12-31 | −$85.7M | −$40.2M | — | −9.09% |
| Q3 2016 | 2016-09-30 | $56.2M | $57.8M | — | +6.07% |
| Q2 2016 | 2016-06-30 | $28.4M | $37.3M | — | +3.15% |
| Q1 2016 | 2016-03-31 | −$92.9M | −$175.6M | — | −11.00% |
| Q4 2015 | 2015-12-31 | −$45.5M | −$9.3M | — | −6.22% |
| Q3 2015 | 2015-09-30 | −$1.6M | −$62.1M | — | −0.24% |
| Q2 2015 | 2015-06-30 | −$8.9M | $52.0M | — | −1.33% |
| Q1 2015 | 2015-03-31 | $82.7M | $16.9M | +25.65% | +12.86% |
| Q4 2014 | 2014-12-31 | −$36.2M | −$45,000 | — | −5.67% |
| Q3 2014 | 2014-09-30 | $60.4M | $24.9M | +70.12% | +9.74% |
| Q2 2014 | 2014-06-30 | −$60.9M | −$85.1M | — | −10.06% |
| Q1 2014 | 2014-03-31 | $65.8M | $57.3M | +672.97% | +11.35% |
| Q4 2013 | 2013-12-31 | −$36.1M | $304.7M | — | −6.40% |
| Q3 2013 | 2013-09-30 | $35.5M | $140.1M | — | +6.54% |
| Q2 2013 | 2013-06-30 | $24.3M | $26.0M | — | +4.59% |
| Q1 2013 | 2013-03-31 | $8.5M | $28.0M | — | +1.65% |
| Q4 2012 | 2012-12-31 | −$340.9M | −$60.7M | — | −67.89% |
| Q3 2012 | 2012-09-30 | −$104.6M | −$114.9M | — | −21.57% |
| Q2 2012 | 2012-06-30 | −$1.7M | $46.8M | — | −0.37% |
| Q1 2012 | 2012-03-31 | −$19.5M | $37.8M | — | −4.40% |
| Q4 2011 | 2011-12-31 | −$280.1M | $18.2M | — | −70.12% |
| Q3 2011 | 2011-09-30 | $10.3M | $41.0M | — | +2.53% |
| Q2 2011 | 2011-06-30 | −$48.5M | $43.3M | — | −12.29% |
| Q1 2011 | 2011-03-31 | −$57.3M | −$13.8M | — | −15.80% |
| Q4 2010 | 2010-12-31 | −$298.3M | −$317.6M | — | −92.89% |
| Q3 2010 | 2010-09-30 | −$30.7M | — | — | −9.29% |
| Q2 2010 | 2010-06-30 | −$91.8M | — | — | −31.00% |
| Q1 2010 | 2010-03-31 | −$43.6M | — | — | −17.53% |
| Q3 2009 | 2009-09-30 | $19.3M | — | — | +8.50% |
Equinix free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $27.3M to −$400.0M, a net decrease of $427.3M. Equinix's latest reported quarter, Q2 2026, generated −$511.0M in free cash flow, a decrease of $466.0M year over year.
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Equinix filings at SEC.gov ↗