Compared to Estimates, Equinix (EQIX) Q3 Earnings: A Look at Key Metrics

Core Insights - Equinix reported revenue of $2.32 billion for the quarter ended September 2025, reflecting a year-over-year increase of 5.2% and an EPS of $9.83, significantly higher than the $3.10 from the same quarter last year [1] - The revenue was slightly below the Zacks Consensus Estimate by 0.32%, while the EPS exceeded the consensus estimate by 6.16% [1] Financial Performance Metrics - Equinix's shares returned +4.2% over the past month, outperforming the Zacks S&P 500 composite's +3.8% change, with a current Zacks Rank of 3 (Hold) [3] - In the Asia-Pacific region, Cabinet Equivalent Capacity was reported at 91,000, slightly above the estimated 90,875 [4] - Worldwide Cabinet Billing was 295,000, marginally below the average estimate of 296,392 [4] - Geographic Revenues for Asia-Pacific were $497 million, underperforming the estimate of $511.76 million, representing a year-over-year decline of 0.6% [4] - Americas Geographic Revenues reached $1.04 billion, exceeding the estimate of $1.02 billion, with an 8% year-over-year increase [4] - EMEA Geographic Revenues were $784 million, slightly below the estimate of $788.31 million, showing a 5.5% year-over-year increase [4] - Recurring revenues totaled $2.32 billion, surpassing the estimated $2.2 billion, marking a 12.5% increase year-over-year [4] - Non-recurring revenues were reported at $101 million, significantly lower than the estimated $126.04 million, reflecting a 28.9% year-over-year decline [4] - Managed infrastructure recurring revenues were $118 million, slightly below the estimate of $119.73 million, showing no change year-over-year [4] - Interconnection recurring revenues were $422 million, exceeding the estimate of $417.01 million, with a year-over-year increase of 9.9% [4]