Equinix posts Q3 beat, raises 2026 revenue and AFFO outlook and declares higher dividend

Equinix reported third‑quarter 2026 revenue of $2.571 billion, an 11% year‑over‑year increase on an as‑reported basis, and adjusted earnings of $4.93 per share, beating estimates by $0.81. The company announced record annualized gross bookings of $533 million, up 35% YoY, and lifted its full‑year 2026 revenue guidance to $10.325‑$10.365 billion and AFFO guidance to $4.340‑$4.380 billion. It also declared a quarterly cash dividend of $5.16 per share.

The raised revenue and AFFO outlook signals stronger than expected demand and may support a higher valuation. The increased dividend provides additional cash return to shareholders.

  • 1Q3 2026 revenue was $2.571 billion, an 11% increase year over year on an as‑reported basis.
  • 2Adjusted earnings per share were $4.93, beating consensus by $0.81.
  • 3Record annualized gross bookings were $533 million, up 35% year over year.
  • 4Full‑year 2026 revenue guidance was raised to a range of $10.325 billion to $10.365 billion.
  • 5Full‑year 2026 AFFO guidance was raised to a range of $4.340 billion to $4.380 billion.
  • 6The Board declared a quarterly cash dividend of $5.16 per share.

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