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Equinix — Feb 11, 2026 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001101239-26-000030
Open on SEC.gov ↗
Showing in the filing
Quarterly cash dividend
“$5.16 per share”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 24
Quarterly cash dividend
“$5.16 per share”
Revenues for FY2026
“$10,123 - 10,223”
Adjusted EBITDA Margin % for Q1 FY2026
“51 - 52%”
Recurring Capital Expenditures % of Revenues for FY2026
“~3%”
Recurring Capital Expenditures % of Revenues for Q1 FY2026
“1 - 2%”
AFFO per Share (Diluted) for FY2026
“$41.93 - 42.74”
Expected Cash Dividends for FY2026
“~$2,036”
Revenues for Q1 FY2026
“$2.496 and $2.536 billion”
Adjusted EBITDA for Q1 FY2026
“$1.283 and $1.323 billion”
Recurring capital expenditures for Q1 FY2026
“$28 and $48 million”
Total revenues for FY2026
“$10.123 and $10.223 billion”
Total revenues growth (as-reported) for FY2026
“approximately 10 - 11%”
Total revenues growth (normalized and consta… for FY2026
“9 - 10%”
Adjusted EBITDA for FY2026
“$5.141 and $5.221 billion”
Adjusted EBITDA margin for FY2026
“51%”
Adjusted EBITDA margin expansion for FY2026
“approximate 200 basis-point expansion”
AFFO for FY2026
“$4.158 and $4.238 billion”
AFFO growth (as-reported) for FY2026
“11 - 13%”
AFFO growth (normalized and constant currency) for FY2026
“9 - 11%”
AFFO per share growth (as-reported) for FY2026
“9 - 12%”
AFFO per share growth (normalized and consta… for FY2026
“8 - 10%”
Total capital expenditures for FY2026
“$3.655 and $4.155 billion”
Non-recurring capital expenditures (excludes… for FY2026
“$3.385 and $3.865 billion”
Recurring capital expenditures for FY2026
“$270 and $290 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
for the full year • Surpassed 500,000 interconnections globally, the most in the industry, as enterprises depend on Equinix to connect their AI, cloud and network ecosystems • Increased quarterly cash dividend by 10% to $5.16 per share, marking the 11 th consecutive year of dividend growth REDWOOD CITY, Calif. - February 11, 2026 - Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company ® , today reported results for the quarter and full year ended December 31, 2025. “Our team executed exceptionally well in Q4, marking a very strong close to a pivotal year for Equinix. Demand for our solutions has never been higher, as demonstrated by accelerated growth in both bookings and recurring revenue, and we are confident in our plan to deliver robust revenue and AFFO per share growth in 2026,” said Adaire Fox-Martin, CEO and President, Equinix. “Equinix plays an essential role helping businesses connect and manage increasingly distributed AI, cloud and networking infrastructure. This is a source of long-term competitive advantage that positions us well to meet our customers’ greatest needs and create shareholder value.” 1 2025 Results Summary • Revenues ◦ $9.217 billion, a 5% increase over the previous year on an as-reported basis, or a 6% increase on a normalized and constant currency basis • Operating Income ◦ $1.848 billion, a 39% increase from the previous year, primarily from strong underlying oper
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.