Equinix Reports $533M in Q3 Bookings and Raises 2026 Guidance

What did Equinix report in the third quarter of 2026?

Equinix reported $2.571 billion in revenue, up 11% year over year, and $1.321 billion in adjusted EBITDA, up 15%, alongside record annualized gross bookings of $533 million.

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Why do the $533 million bookings matter for Equinix?

Record annualized gross bookings indicate stronger potential future recurring revenue rather than $533 million of revenue already recognized; Equinix also reported double-digit monthly recurring revenue growth for the fourth consecutive quarter and 10% interconnection revenue growth.

How much did Equinix raise its 2026 financial guidance?

Equinix increased its full-year revenue forecast from $10.205–$10.285 billion to $10.325–$10.365 billion and adjusted EBITDA guidance from $5.210–$5.270 billion to $5.290–$5.330 billion. Of the $100 million increase in the revenue guidance midpoint, $84 million reflected underlying adjustments and $16 million reflected foreign exchange.

Could the stronger outlook benefit Equinix stock?

The higher forecasts strengthen the earnings and cash-generation case for Nasdaq-listed EQIX, with projected 2026 adjusted funds from operations per diluted share rising to $43.71–$44.11 from $42.69–$43.29, although substantial capital spending and execution risks remain.

What should Equinix investors watch next?

Equinix plans to deliver nearly 40% more cabinets in 2026 than initially expected, making construction execution, power availability and customer deployments important to converting demand into revenue. The company's fourth-quarter revenue guidance is $2.684–$2.724 billion.