Equinix's second quarter revenue grew 16% as it raised full-year 2026 and long-term guidance.

Equinix reported second quarter 2026 revenue of $2.625 billion and diluted EPS of $4.83. The company also raised its guidance for the full year 2026 and its long-term outlook for 2027-2029, citing strong demand and bookings.

Key Highlights

• Second quarter revenue increased 16% year-over-year to $2.625 billion, driven by strong underlying performance and one-time xScale fees.
• Adjusted Funds from Operations (AFFO) per share grew 19% year-over-year to $11.78, significantly beating analyst estimates of $10.14.
• Equinix raised its full-year 2026 revenue guidance to a range of $10.205 - $10.285 billion and AFFO per share guidance to $42.69 - $43.29.
• The company increased its long-term (2027-2029) annual revenue growth outlook to 10-13% from a prior 7-10%, and its AFFO per share growth outlook to 9-12% from 5-9%.
• The company added a record 9,700 net interconnections during the quarter, indicating continued strong demand for its platform.