Pletcher Kurt sold $8K of EQIX

Equinix (EQIX) reported Q2 2026 results on an earnings call. Total revenue was $2.6B (+16% YoY) and recurring revenue $2.4B (+11%). Adjusted EBITDA was $1.4B (53% margin) and AFFO per share $11.78 (+18%). 2026 revenue guidance was raised to $10.2B-$10.3B and AFFO per share to $42.69-$43.29, with CapEx of $5B-$6B.

Equinix, Inc. (EQIX) filed an 8-K saying it issued and sold $850 million of 5.000% senior notes due 2029, $650 million of 5.500% due 2033, and $650 million of 5.800% due 2036 on Aug. 6, 2026. Equinix Europe 2 Finco also issued $850 million of 5.250% due 2031, guaranteed by EQIX, with an effective after-swap rate of about 3.95% per annum.

Oracle is contracted to install up to 2.8 GW of Bloom Energy fuel cells for its cloud and AI services, with about half underway and some operational in 55 days. Equinix has 73 MW operational and is contracted for 35 MW more across 19 data centers, aiming for primary power at one Silicon Valley site. Bloom surpassed $1B revenue in Q2, according to the article.

Equinix reported Q2 revenue of $2,625.0M, up 16.36% YoY and above the $2,581.7M Street estimate, with adjusted EPS of $5.10 beating consensus. The company raised FY2026 revenue growth guidance to 11% to 12% and AFFO per share growth to 10% to 12%, and guided 2027-2029 capex of $5B to $7B annually. Net interconnections hit 9,700, a quarterly record.

Equinix (data center operator) shares fell about 3% after it reported Q2 results and raised its full-year outlook, but Q3 revenue guidance came slightly below Wall Street expectations. Q2 revenue was $2.63B (+16% YoY), net income $479M (+30%), EPS $4.83 (+29%). It lifted 2026 revenue to $10.21B-$10.29B and AFFO/share to $42.69-$43.29.

Equinix said data center demand accelerated in Q2, prompting it to raise annual earnings guidance and sharply increase capex. In Q2, revenue rose 16% year on year to $2.625B and adjusted EBITDA increased 24% to $1.396B, a 53% margin. Equinix added nine new projects and has 52 underway globally.