Equinix Q1 revenue up 5% to $2.2 billion; raises 2025 revenue and AFFO guidance
Equinix reported first-quarter 2025 revenue of $2.225 billion, up 5% from a year earlier as reported, and net income attributable to common stockholders of $343 million, up 48%. The company raised its full-year 2025 guidance, with revenue now expected at $9.175 to $9.275 billion, and the filing attributes $135 million of the $142 million revenue increase to foreign currency benefits.
Key points
- Q1 2025 revenue $2.225 billion (up 5% as reported); operating income $458 million (up 26%)
- Net income per share $3.50 (up 44%); AFFO per share $9.67 (up 9%)
- Adjusted EBITDA $1.067 billion, above the top end of guidance; full-year revenue guidance raised $142 million to $9.175-$9.275 billion
- Full-year AFFO per share guidance raised $0.67 to $37.36-$38.17; Q2 2025 revenue guidance $2.244-$2.264 billion
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.