Equinix Projects $10.12–$10.22B 2026 Revenue and 10.5% FFO Growth
Equinix shares rallied 12% after markets on Feb. 11 following full-year 2026 revenue guidance of $10.12 billion to $10.22 billion versus a $10.07 billion consensus. The company projects FFO growth of 10.5% in 2026, up from a prior 5% outlook, and raised its quarterly dividend to $5.16 per share.
1. Mixed Earnings but Strong Revenue Guidance
Equinix missed analyst estimates on Q4 revenue and FFO but projected 2026 revenue of $10.12 billion–$10.22 billion, slightly above the $10.07 billion consensus, driving a post-close 12% share price surge.
2. Accelerated FFO Growth and Dividend Hike
Management raised its 2026 FFO growth outlook to 10.5% from 5% and increased the quarterly dividend to $5.16 per share, extending its streak of annual dividend hikes for a tenth consecutive year.
3. Data Center Footprint Fuels AI Demand
Operating 280 data centers in 36 countries with over 80% recurring revenue, Equinix’s interconnection services support AI workloads from network aggregation to GPU colocation and edge deployment, underpinning its growth thesis.