Equinix — Apr 29, 2026 release

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 - 10,244 $2,571 - 2,611 Adjusted EBITDA Adjusted EBITDA Margin % $5,141 - 5,221 ~51% +$23 +$1 $5,165 - 5,245 ~51% $1,349 - 1,389 52 - 53% Recurring Capital Expenditures % of Revenues $270 - 290 ~3% +$11 ($1) $280 - 300 ~3% $46 - 66 2 - 3% Non-recurring Capital Expenditures (Excludes xScale and Land Acquisitions) $3,385 - 3,865 +$188 ($13) ~$3,800 AFFO $4,158 - 4,238 +$40 ($0) $4,198 - 4,278 AFFO per Share (Diluted) $41.93 - 42.74 +$0.38 ($0.00) $42.31 - 43.11 Expected Cash Dividends ~$2,036 +$1 $0 ~$2,037 Equinix does not provide forward-looking guidance for certain financial data, such as depreciation, amortization, accretion, stock-based compensation and other components of net income or loss from 2 operations, and as a result, is not able to provide a reconciliation of GAAP to non-GAAP financial measures for forward-looking data without unreasonable effort. The impact of such adjustments could be significant. Equinix intends to calculate the various non-GAAP financial measures in future periods consistent with how they were calculated for the periods presented within this press release. For the second quarter of 2026, the company expects revenues to range between $2.571 and $2.611 billion, an increase of 6% at the midpoint over the previous quarter, on both an as-reported and a normalized and constant currency basis. This guidance includes a $6 million foreign currency benefit when compared to the average FX rat