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Equinix — Jul 29, 2026 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001101239-26-000145
Open on SEC.gov ↗
Showing in the filing
Revenues
“$10,205 - 10,285”
Period
FY2026
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 28
Revenues for FY2026
“$10,205 - 10,285”
Recurring Capital Expenditures % of Revenues for FY2026
“~3%”
Recurring capital expenditures for FY2026
“$290 - 310”
Recurring Capital Expenditures for Q3 FY2026
“$70 - 90”
Recurring Capital Expenditures % of Revenues for Q3 FY2026
“3 - 4%”
Non-recurring Capital Expenditures (Excludes… for FY2026
“$4,710 - 5,690”
AFFO per Share (Diluted) for FY2026
“$42.69 - 43.29”
Expected Cash Dividends for FY2026
“~$2,039”
Revenues for Q3 FY2026
“$2.525 and $2.575 billion”
Revenue growth (as-reported) for Q3 FY2026
“9 - 11%”
Revenue growth (normalized and constant curr… for Q3 FY2026
“10 - 12%”
AFFO per share growth (normalized and consta… for FY2026
“10 - 12%”
Adjusted EBITDA for Q3 FY2026
“$1.275 and $1.315 billion”
Adjusted EBITDA margin for Q3 FY2026
“approximately 51%”
Total revenues for FY2026
“$10.205 and $10.285 billion”
Adjusted EBITDA for FY2026
“$5.210 and $5.270 billion”
Adjusted EBITDA margin expansion for FY2026
“an approximate +2% expansion over the previous year”
AFFO for FY2026
“$4.240 and $4.300 billion”
AFFO growth (as-reported) for FY2026
“13 - 14%”
AFFO growth (normalized and constant currency) for FY2026
“12 - 13%”
AFFO per share growth (as-reported) for FY2026
“11 - 13%”
Total capital expenditures for FY2026
“$5.000 and $6.000 billion”
Total Revenue Growth (Annual Range) for FY2027–2029
“10 - 13%”
Adjusted EBITDA Margin (In 2029) for FY2029
“53%+”
Adjusted EBITDA Margin (In 2029) for FY2027
“53%+”
Total Capital Expenditures (Annual Range) for FY2027–2029
“$5,000 - 7,000”
AFFO per Share Growth (Annual Range) for FY2027–2029
“9 - 12%”
Dividend per Share Growth (Annual Range) for FY2027–2029
“Approximates AFFO per Share Growth”
Exhibit 99.1 · the passage around this item
… earlier in the release
All per-share results are presented on a fully diluted basis. 2 2026 Guidance Summary ($ in millions, except per share data) Prior FY 2026 Guidance Guidance Adjustment Foreign Exchange Impact Revised FY 2026 Guidance Q3 2026 Guidance Revenues $10,144 - 10,244 +$100 ($49) $10,205 - 10,285 $2,525 - 2,575 Adjusted EBITDA Adjusted EBITDA Margin % $5,165 - 5,245 ~51% +$62 ($27) $5,210 - 5,270 ~51% $1,275 - 1,315 ~51% Recurring Capital Expenditures % of Revenues $280 - 300 ~3% +$13 ($3) $290 - 310 ~3% $70 - 90 3 - 4% Non-recurring Capital Expenditures (Excludes xScale and Real Estate Acquisitions) ~$3,800 +$1,438 ($38) $4,710 - 5,690 AFFO $4,198 - 4,278 +$50 ($18) $4,240 - 4,300 AFFO per Share (Diluted) $42.31 - 43.11 +$0.46 ($0.18) $42.69 - 43.29 Expected Cash Dividends ~$2,037 +$2 $0 ~$2,039 For the third quarter of 2026, the company expects revenues to range between $2.525 and $2.575 billion, an increase of 9 - 11% over the previous year on an as-reported basis, or 10 - 12% on a normalized and constant currency basis. Adjusted EBITDA is expected to range between $1.275 and $1.315 billion, reflecting an adjusted EBITDA margin of approximately 51%. For the full year of 2026, total revenues are expected to range between $10.205 and $10.285 billion, an increase of approximately 11 - 12% over the previous year on both an as-reported and a normalized and constant currency basis. Adjusted EBITDA is expected to range between $5.210 and $5.270 billion, reflecting an adjusted
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.