
Equinix Earnings: Strong Gross Bookings Power Revenue, but New Capacity Remains Capital-Heavy
Equinix reported third-quarter results, with revenue up 11% to $2.57 billion, adjusted EBITDA up 15% to $1.32 billion, and annualized gross bookings surging 35% to $533 million. Management raised its full-year 2026 revenue and profit forecasts for a third consecutive quarter.