Equinix, Inc. (EQIX) financial statements (2021 and earlier)

Company profile

Business Address ONE LAGOON DRIVE
REDWOOD CITY, CA 94065
State of Incorp. DE
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,6092,6594,8071,1971,8801,4221,631
Cash and cash equivalents1,6052,6454,7851,1711,8701,4021,614
Short-term investments5142226102017
Receivables677706692687689747753
Disposal group, including discontinued operation 295152  379354
Other current assets323384331436304305251
Total current assets:2,6094,0445,9812,3202,8732,8532,989
Noncurrent Assets
Operating lease, right-of-use asset1,4751,4361,3961,4151,4751,4831,468
Property, plant and equipment14,50313,11112,66412,17712,15311,22910,993
Intangible assets, net (including goodwill)7,6437,1727,0917,0366,8846,7776,973
Goodwill5,4735,1255,0164,9274,7824,6494,769
Intangible assets, net (excluding goodwill)2,1712,0472,0752,1092,1022,1282,204
Other noncurrent assets776673660643581500464
Total noncurrent assets:24,39822,39321,81121,27121,09319,98919,898
TOTAL ASSETS:27,00726,43727,79323,59123,96622,84222,887
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:845822746718761755769
Accounts payable78   52  
Accrued liabilities77   128  
Employee-related liabilities317   241  
Taxes payable154   135  
Interest and dividends payable90   112  
Other undisclosed accounts payable and accrued liabilities12982274671892755769
Deferred revenue 1018580 7777
Debt3702,2362,406605942574576
Disposal group, including discontinued operation     5253
Other liabilities354231230199154120142
Other undisclosed current liabilities455407390238302259268
Total current liabilities:2,0253,7963,8561,8382,1581,8361,884
Noncurrent Liabilities
Long-term debt and lease obligation13,39911,36312,92412,47512,34611,68611,692
Long-term debt, excluding current maturities10,3068,40310,0239,7239,5999,0519,227
Finance lease, liability1,7851,6811,6581,4901,4311,3011,141
Operating lease, liability1,3091,2801,2431,2621,3161,3341,325
Liabilities, other than long-term debt949722624608622559561
Other liabilities949722624608622559561
Total noncurrent liabilities:14,34812,08513,54913,08312,96712,24512,253
Total liabilities:16,37315,88117,40414,92115,12514,08114,137
Stockholders' equity
Stockholders' equity attributable to parent, including:10,63410,55610,3888,6698,8418,7618,749
Common stock0000000
Treasury stock, value(122)(123)(127)(127)(144)(144)(145)
Additional paid in capital15,02814,95114,65212,89312,69612,63512,451
Accumulated other comprehensive loss(913)(1,102)(1,140)(1,207)(935)(1,040)(958)
Retained earnings1,7601,7091,6431,5091,3911,2661,146
Other undisclosed stockholders' equity attributable to parent(5,119)(4,880)(4,639)(4,400)(4,168)(3,956)(3,744)
Stockholders' equity attributable to noncontrolling interest00(0)(0)(0)(0)(0)
Total stockholders' equity:10,63410,55610,3888,6698,8408,7618,749
TOTAL LIABILITIES AND EQUITY:27,00726,43727,79323,59123,96622,84222,887

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues1,5641,5201,4701,4451,4171,3971,385
Cost of revenue(831)(768)(739)(736)(726)(704)(698)
Gross profit:733752731708691692687
Operating expenses(505)(463)(448)(455)(379)(407)(395)
Operating income:229288282253313285292
Nonoperating income (expense)29(48)(107)143(77)8931
Investment income, nonoperating31(49)(112)138(89)8518
Other nonoperating income (expense)(3)04512312
Interest and debt expense(135)(193)(110)(114)(170)(118)(121)
Income from continuing operations before equity method investments, income taxes:122476528365256202
Other undisclosed income (loss) from continuing operations before income taxes(30)50113(133)97(77)(11)
Income from continuing operations before income taxes:9297178149162179191
Income tax expense(41)(30)(45)(30)(38)(58)(47)
Net income:5167133119125121144
Net income (loss) attributable to noncontrolling interest0(0)(0)(0)00(0)
Net income available to common stockholders, diluted:5167133119125121144

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income:5167133119125121144
Other comprehensive income (loss)143966(272)106(82)(16)
Other undisclosed comprehensive income174      
Comprehensive income (loss):239105200(153)23039128
Comprehensive income (loss), net of tax, attributable to noncontrolling interest0(0)(0)(0)00(0)
Comprehensive income (loss), net of tax, attributable to parent:239105200(153)23139127

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: