Equinix Q3 2026 Results: Record Bookings and Raised Full-Year Guidance

Equinix, Inc. reported financial results for the third quarter ended September 30, 2026, and raised its full-year 2026 guidance for the third consecutive quarter. The company reported record annualized gross bookings of $533 million, a 35% year-over-year increase, driven by robust demand and strengthening pricing. Monthly recurring revenue grew by double digits year over year for the fourth consecutive quarter.

For the third quarter of 2026, the company reported revenues of $2.571 billion, an 11% increase over the same period in the prior year on an as-reported basis. Net income attributable to common stockholders was $489 million, or $4.93 per share, representing a 31% increase year over year. Adjusted EBITDA was reported at $1.321 billion, a 15% increase over the prior year.

On the business development front, Equinix introduced Fabric One, an any-to-any connectivity service designed to simplify enterprise connections to distributed cloud, network, and AI environments. The company also announced Equinix Inference Exchange, a partnership with NVIDIA and Together AI to help enterprises deploy and scale AI inferencing workloads. Additionally, Equinix completed an investment in the atNorth joint venture alongside CPP Investments to strengthen its position in the Nordic market.

Regarding capital allocation, Equinix accelerated new capacity delivery, planning to deliver nearly 40% more cabinets in 2026 than initially anticipated. The company also established a partnership in Georgia to fund all grid infrastructure costs associated with its Hampton data center project through a 20-year commitment.

For the fourth quarter of 2026, Equinix expects revenues to range between $2.684 billion and $2.724 billion, an increase of 11% to 13% over the prior year. For the full year of 2026, the company raised its revenue guidance to a range of $10.325 billion to $10.365 billion, representing approximately 12% growth over the previous year. Adjusted EBITDA is expected to range between $5.290 billion and $5.330 billion, with a margin of approximately 51%.