Equinix Cash Flow Statement
NASDAQ: EQIXReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Equinix free cash flow
In fiscal 2025, Equinix generated $3.91 billion of operating cash flow and spent $4.31 billion on capital expenditures. That left free cash flow of -$400.0 million, a free-cash-flow margin of -4.3% of revenue. Free cash flow was down 318.6% from the prior year's $183.0 million.
Equinix returned $1.86 billion to shareholders through dividends.
Summary generated from market data by MetaCap's automated system. Methodology
Equinix cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.35B | 814.00M | 969.00M | 705.00M | 499.73M | 370.07M | 507.25M | 365.36M | 232.98M | 126.80M |
| Net Income growth (YoY) | +65.60% | -16.00% | +37.45% | +41.08% | +35.03% | -27.04% | +38.83% | +56.82% | +83.74% | -32.47% |
| Depreciation & Amortization | 2.05B | 2.01B | 1.84B | 1.74B | 1.66B | 1.42B | 1.28B | 1.23B | 1.04B | 837.21M |
| Stock-Based Compensation | 498.00M | 462.00M | 407.00M | 404.00M | 363.77M | 294.95M | 236.54M | 180.72M | 175.50M | 155.57M |
| Change in Working Capital | -15.00M | -328.00M | -92.00M | 17.00M | -79.19M | 44.02M | -122.75M | -33.35M | -61.40M | -162.05M |
| Operating Cash Flow | 3.91B | 3.25B | 3.22B | 2.96B | 2.55B | 2.31B | 1.99B | 1.82B | 1.44B | 1.02B |
| Capital Expenditures | -4.31B | -3.07B | -2.78B | -2.28B | -2.75B | -2.28B | -2.08B | -2.10B | -1.38B | -1.11B |
| Investing Cash Flow | -6.48B | -3.94B | -3.22B | -3.36B | -3.01B | -3.43B | -1.94B | -3.08B | -5.40B | -2.05B |
| Dividends Paid | -1.86B | -1.64B | -1.38B | -1.15B | -1.04B | -947.93M | -836.16M | -738.60M | -621.50M | -499.46M |
| Share Repurchases | — | — | — | — | — | — | — | — | — | 0 |
| Debt Issued | 4.31B | 2.77B | 902.00M | 1.19B | 3.88B | 4.43B | 2.80B | 424.65M | 2.06B | 1.17B |
| Debt Repaid | -1.20B | -1.00B | 0 | 0 | -1.99B | -4.36B | -73.23M | -447.47M | -2.28B | -1.46B |
| Financing Cash Flow | 1.27B | 1.72B | 211.00M | 857.00M | 413.76M | 815.53M | 1.20B | 470.91M | 4.61B | -897.07M |
| Net Change in Cash | -1.26B | 986.00M | 188.00M | 359.00M | -76.24M | -260.92M | 1.26B | -823.10M | 677.45M | -1.95B |
| Free Cash Flow | -400.00M | 183.00M | 436.00M | 685.00M | -204.31M | 27.32M | -86.79M | -280.75M | 60.51M | -94.01M |
This table shows 10 annual periods of Equinix's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow EQIX's reporting calendar. What is a cash flow statement?