Equinix reports record Q3 bookings and lifts 2026 revenue guidance
Equinix posted third‑quarter 2026 results with record annualized gross bookings of $533 million, a 35% year‑over‑year increase. Revenue reached $2.57 billion, up 11% YoY, and adjusted earnings were $4.93 per share, beating estimates. The company raised its full‑year revenue growth outlook to roughly 12% and increased its AFFO per‑share growth target to 11‑12%. CEO Adaire Fox‑Martin highlighted strong demand, pricing power and new AI‑focused products.
Why it matters
The higher revenue guidance suggests stronger top‑line growth than previously expected, which could support a higher equity valuation for EQIX (the company expects the guidance lift to improve earnings outlook). The raised AFFO guidance may also appeal to income‑focused investors seeking higher cash‑flow returns.
Key facts
- 1Annualized gross bookings were $533 million, up 35% YoY. investing.com
- 2Revenue for the quarter was $2.571 billion, representing 11% YoY growth on an as‑reported basis. investing.com
- 3Adjusted earnings were $4.93 per share, beating analyst estimates of $4.12. investing.com
- 4Full‑year revenue growth guidance was raised to approximately 12% YoY, a $100 million increase over the prior outlook. investing.com
- 5AFFO per‑share growth guidance was raised to 11‑12%, adding $90 million to the prior target. investing.com
- 6CEO Adaire Fox‑Martin said new‑deal pricing grew 12% YoY and highlighted the launch of Fabric One and the Inference Exchange. finance.yahoo.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.