Equinix — Apr 29, 2026 release

The essential infrastructure we provide is enabling companies to accelerate innovation and enhancing our market position.” 1 First-Quarter 2026 Results Summary • Revenues ◦ $2.444 billion, a 10% increase over the same quarter of the previous year on an as-reported basis, or an 8% increase on a normalized and constant currency basis • Operating Income ◦ $577 million, a 26% increase over the same quarter of the previous year, primarily from strong underlying operating performance • Net Income Attributable to Common Stockholders and Net Income per Share Attributable to Common Stockholders ◦ $415 million, a 21% increase over the same quarter of the previous year, primarily from higher operating income ◦ $4.20 per share, a 20% increase over the same quarter of the previous year • Adjusted EBITDA ◦ $1.245 billion, a record adjusted EBITDA margin of 51%, a 17% increase over the same quarter of the previous year on an as-reported basis, or a 13% increase on a normalized and constant currency basis • AFFO and AFFO per Share ◦ $1.065 billion, a 12% increase over the same quarter of the previous year on an as-reported basis, or an 11% increase on a normalized and constant currency basis driven by strong operating performance ◦ $10.79 per share, a 12% increase over the same quarter of the previous year on an as-reported basis, or a 10% increase on a normalized and constant currency basis Q1 results do not include the xScale ® Hampton lease transaction. Adjusting for the timing of that deal, Q1 results were above the midpoint of the company's Q1 guidance ranges. Equinix uses certain non-GAAP financial measures, which are described further below and reconciled to the most comparable GAAP financial measures after the presentation of our GAAP financial statements. All per-share results are presented on a fully diluted basis. 2026 Annual Guidance Summary (in millions, except per share data) Prior FY 2026 Guidance Guidance Adjustment Foreign Exchange Impact Revised FY 2026 Guidance Q2 2026 Guidance Revenues $10,123 - 10,223 +$20 +$1 $10,144